October’s Explosion for Billionaire Nguyen Thi Phuong Thao: Assets Nearing $4.5 Billion, Series of Major Deals Marking International Market

In October, billionaire Nguyen Thi Phuong Thao made a strong impression with a series of major deals and notable successes. Her assets increased to nearly $4.5 billion, while Vietjet’s (VJC) stock rose by 40% since mid-October. HDBank successfully issued $50 million in international green bonds and agreed to collaborate with Sovico Group on the development of Metro Line 4 in Ho Chi Minh City. Notably, Thao contributed £13.7 million to the Oxford Pioneer Scholarship Fund, supporting outstanding postgraduates from Vietnam during her participation in international activities. By the end of October, she ranked 931st in Forbes’ wealth ranking.

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