Vietnamese billionaire Pham Nhat Vuong becomes 2nd-richest in Southeast Asia
Economy 11:04 03/12/2025Pham Nhat Vuong, chairman of Vietnam's leading private conglomerate Vingroup, saw his net worth surge by US$1.1 billion on Tuesday, propelling him to the position of the second-richest individual in Southeast Asia, according to data published by Forbes.
Swiss billionaire calls for higher tax on rich
World 16:08 01/12/2025ZURICH - A prominent Swiss billionaire has called for higher taxation of the rich as his country overwhelmingly rejected a proposal to introduce a 50% tax on inherited fortunes of 50 million Swiss francs ($62 million) and above.
Vietnam’s Pham Nhat Vuong ranks among Southeast Asia’s over-$10bn elite
Economy 14:28 11/11/2025Vietnam’s richest man Pham Nhat Vuong has surged ahead of several of Southeast Asia’s most prominent tycoons, according to the latest Forbes rankings.
Vietnam’s 10 richest stock market tycoons double wealth in just 1 year
Economy 14:25 13/10/2025In just one year, the combined wealth of the top 10 richest Vietnamese entrepreneurs on the stock market has witnessed a remarkable transformation, soaring to nearly VND700 trillion (US$26.6 billion), more than double the previous year’s total.
Vietnam launches initiative to promote wealth creation, enhance private sector’s role
Economy 16:51 18/05/2025Prime Minister Pham Minh Chinh has directed the Ministry of Home Affairs to launch a nationwide movement encouraging all citizens to engage in wealth creation, thereby contributing to Vietnam's socio-economic development, in line with the Politburo's policy to bolster the private sector.
Vietnam sees millionaire population surge 14.7 pct y-o-y
Economy 17:00 13/09/2013This is the second-fastest growth rate in the Southeast Asian region after Thailand