On November 20, VIC shares of Vingroup rose by 3.4%, reaching 228,000 VND/share, setting a new historical peak and increasing 5.6 times since the beginning of the year. Billionaire Pham Nhat Vuong’s wealth increased by 16 trillion VND, totaling nearly 512 trillion VND, while the wealth of his wife, Pham Thu Huong, rose by 1.2 trillion VND to 38.7 trillion VND. On the same day, Vietjet’s VJC shares hit the ceiling, bringing female billionaire Nguyen Thi Phuong Thao’s wealth up to 42.7 trillion VND, an increase of 2.6 trillion VND. According to Forbes, Pham Nhat Vuong’s wealth increased by 575 million USD to 20.9 billion USD. Vingroup plans to issue nearly 3.9 billion bonus shares to current shareholders in Q4, increasing its charter capital to over 77 trillion VND. In the first nine months of this year, Vingroup reported a total revenue of 169.611 trillion VND, with a profit of 7.565 trillion VND, completing 76% of this year’s profit plan.
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