The 9x woman billionaires in Vietnam’s stock market
The female billionaires born in the 1990s were born into rich families with parents who were or are the bosses of large listed corporations.
Topping the list of the young woman billionaire is Tran Ngoc Phuong Giao, the beloved daughter of Tran Phuong Binh and Cao Thi Ngoc Dung, who is chair and CEO of the Phu Nhuan Jewelry Company (PNJ).
Giao now holds 3.62 million PNJ shares worth VND349.3 billion in accordance with the current share market price. Meanwhile, her elder sister – Tran Ngoc Phuong Thao – has 2.37 million PNJ shares, worth VND228.7 billion.
Giao’s father – Tran Phuong Binh, former CEO of Dong A Bank, a veteran banker, was arrested in late 2016 because of two charges – intentionally acting against the state’s regulations on economic management, thus causing serious consequences and violating the regulations on lending.
Meanwhile, Cao Thi Ngoc Dung, her mother, was named by Forbes among top most powerful businesswomen in Asia in 2016. The other two were Thai Huong, Chair of TH Group, and Nguyen Thi Phuong Thao, Chair and co-founder of Sovico Holdings.
The second well-known woman billionaire is the daughter of Dang Thanh Tam, chair and CEO of the Kinh Bac Urban Development JSC.
Dang Nguyen Quynh Anh, born in 1991, now holds 10 million KBC shares, worth VND172 billion.
Thanks to the stable price increase of KBC shares, Anh has outstripped two other names to return to the second position in the list of woman billionaires.
Nguyen Ngoc Nhat Hanh, the daughter of Nguyen Thi Mai Thanh, chair and CEO of the Refrigeration Engineering Enterprise (REE) is in the third position. The girl born in 1991 holds 4.1 million REE shares, valued at VND146.1 billion.
Nguyen Thi Mai Thanh, president and CEO of REE, is famous in Vietnam, called ‘woman general’ at her enterprise. Thanh is one of the 50 richest women in the stock market with stock assets worth VND500 billion.
The stock assets of Nguyen Tran Thao Nguyen are estimated at VND139.5 billion with 3.1 million TNA shares.
Nguyen is the daughter of Nguyen Quang Hoa, deputy chair of Thien Nam Import/Export JSC. The price of the company’s shares are VND45,000 per share.
Vo Thuy Duong, chair of An Phu Irradiation JSC (APC) has become a well known name recently.
Born in 1991, she has been registering to buy more APC shares since 2015 when she took office as chair and CEO of APC. She now holds 3.657 million APC shares, or 30.98 percent of the company’s charter capital, worth VND92.3 billion.
Nguyen Ngoc My was absent in this year’s list though she is also a well known name. Alphanam has delisted from the stock market.
Thanh Mai, VNN