For the first time in history, the companies of 6 Vietnamese billionaires paid 112 trillion VND to the state budget, surpassing the state giant PVN

In 2024, the companies of 6 Vietnamese billionaires contributed a total of 112 trillion VND to the state budget, far exceeding the Vietnam National Oil and Gas Group (PetroVietnam) with nearly 77.4 trillion VND. This list includes major names such as Vingroup of Pham Nhat Vuong (56 trillion VND), Thaco of Tran Ba Duong (23.7 trillion VND), Hoa Phat of Tran Dinh Long (13.4 trillion VND), Techcombank of Ho Hung Anh (6.8 trillion VND), Masan Group of Nguyen Dang Quang (4.8 trillion VND), and HDBank of Nguyen Thi Phuong Thao (6 trillion VND). These contributions are not only financial but also reflect the social responsibility of businesses, with the organization of the PRIVATE 100 and VNTAX 200 rankings to honor those contributing the most to the budget. The contribution of these billionaires marks a significant advance in the role of the private sector in Vietnam’s economic development.