Hanoi (VNA) – Four Vietnamese entrepreneurs havebeen named in the list of the world’s richest people in 2020 by Forbesmagazine.
They are Chairman of private conglomerate Vingroup Pham Nhat Vuong, ranked 286th; CEO of budget carrierVietjet Air Nguyen Thi Phuong Thao, 1,001st; Chairman ofTruong Hai Auto Corporation (Thaco) Tran Ba Duong, 1,415th; and Chairmanof Techcombank Ho Hung Anh, 1,990th.
Fish sauce magnet Nguyen Dang Quang, who entered the Forbes’ billionaire list last year for the first time, did not appear this time.
Centi-billionaire Amazon founder JeffBezos maintains the top spot in this year’s ranking, for the third consecutiveyear, despite his net worth hitting 113 billion USD, down 8 billion USD fromlast year.
This is the 34th year Forbes magazine has compiled its list of the world's billionaires. This year's list sees a total of 2,095 billionaires with a combined wealth of 8 trillion USD, down from 8.7 trillion USD in 2019.
In addition, three Vietnamese businesspeople havebeen also honoured in the magazine’s annual “30 Under 30 Asia” list.
They are among six entrepreneursreceiving support from the Ministry of Science and Technology via a start-upsupport scheme called Project 844 till 2025. The Vietnamese honourees include Nghiem Xuan Huy, co-founderand CEO of Finhay, one of the top 10 potential start-ups in the nationalstart-ups and innovation competition Techfest 2017.
The second is Han Ngoc Tuan Linh, co-founder and CEO of Vietnam Silicon Valley Capital, a 7-million-USD accelerator that invests in world-class early-stage start-ups in Vietnam. The last honouree is Nguyen Thi Ngoc Huyen, founder of the medical tღechnology🍃 start-up Medlink Asia, which connects producers, distributors and consumers together in the eco-system of pharmaceuticals sector./.
Business leaders and economic experts discussed how an open economy like Vietnam should deal with risks and impacts in the wake of international economic and technological upheavals at a business forum themed “Navigating the digital age” held by Forbes Vietnam in HCM City on August 15.
Forbes Vietnam magazine on February 3 announced the “30 Under 30” list in 2020 which featured some of the most influential faces in the field of business and start-ups, social enterprises, arts and creative industries, entertainment, education and science.
Three Vietnamese entrepreneurs have been honoured in the US prestigious magazine Forbes’ annual “30 Under 30 Asia” list, said the Ministry of Science and Technology (MoST) on April 7.
Developed with state-of-the-art infrastructure, the Da Nang FTZ is designed to become a leading regional economic centre and a strategic growth pole in Vietnam’s new development landscape.
The Binh Duong Association of Supporting Industries (BASI) is expected to promote the usage of domestically manufactured components while supporting businesses in accessing international markets, strengthening linkages, and promoting deeper integration into global supply chains.
PwC Vietnam forecasts a vibrant M&A market in Vietnam’s healthcare sector in 2025, driven by rising demand for high-quality medical services and a growing middle class. Pharmaceutical companies, private hospitals, and specialised medical facilities, particularly in ophthalmology and oncology, are predicted to be key targets for M&A.
The central province of Quang Nam is set to become a hub for the medicinal plant industry, with Ngoc Linh ginseng designated as the core crop, under the Prime Minister's decision issued earlier this year.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The four Vietnamese billionaires (Photo: VNA) 
