Forbes lists typically feature Pham Nhat Vuong (Vingroup), Nguyen Thi Phuong Thao (Vietjet Air), Tran Dinh Long (Hoa Phat Group), Ho Hung Anh (Techcombank), and Nguyen Dang Quang (Masan Group) as Vietnam's key billionaires, with Vuong consistently being the richest, though the exact number and net worth fluctuate, sometimes including Tran Ba Duong (THACO).
VGP - Viet Nam has five people in Forbes' 2025 World Billionaires list, down by one compared to last year. They are Vingroup Chairman Pham Nhat Vuong, Vietjet Chairwoman Nguyen Thi Phuong Thao, Hoa Phat Chairman Tran Dinh Long, Techcombank Chairman Ho Hung Anh and Masan Chairman Nguyen Dang Quang.
Vietnam's Wealthiest Tycoon Becomes Asia's Fifth Richest Person As VinFast Surges On Nasdaq Debut. Billionaire Pham Nhat Vuong joined the top ranks of Asia's richest after shares of his electric vehicle maker Vinfast Auto surged 255% on the company's Nasdaq debut, adding a whopping $39 billion to his net worth.
In Vietnam, also according to the World Inequality Database, in order to be in the top 1% of the population with the largest assets in Vietnam, an individual needs to have an average income according to the maximum purchasing power parity. the minimum is 72,715 USD.
Ho Chi Minh City (HCMC), also known as Saigon, is generally considered the wealthiest city in Vietnam.
To answer this question, yes, $1000/month is a strong income in Vietnam, especially for the locals. The average salary in Vietnam is approximately $320 per month, so if you earn $1000, you are earning in the top 10-15%. Let's look at what $1000/month can afford: Housing (1-bedroom apartment in city centre): $300-500.
Your $100 can go a long way in Vietnam. Budget travelers can expect to spend up to $25 a day on food and lodging.
Compared to other countries in Southeast Asia, Vietnam ranks behind Singapore, Thailand, Indonesia, and Malaysia in terms of the number of individuals with a net worth of over $10 million. According to Knight Frank, ultra-high-net-worth individuals are those with a net worth of $30 million or more each.
Despite AI's growing footprint, the IT sector continues to command the highest salaries in Vietnam, according to TopCV's latest hiring report. According to TopCV's annual recruitment report, Information Technology (IT) – particularly in software – remains the top-paying career path in Vietnam for the 2025–2026 period.
The world's 10 richest families
Vietnam's Budget Airline Founder Is Southeast Asia's Only Woman Billionaire. Nguyen Thi Phuong Thao, CEO of VietJet Air, has an estimated net worth of $1.2 billion.
Political and economic reform that started in 1986, which was a set of policies for market liberalization labelled Đổi Mới (Renovation/Innovation), the status of poverty and hunger in Vietnam has been significantly improved - from one of the poorest countries in the world with per capita income below US$100 per year, ...
Vietnam currently has five US-dollar billionaires recognised by Forbes: Pham Nhat Vuong, Nguyen Thi Phuong Thao, Tran Dinh Long of Hoa Phat Group (2.7 billion USD), Ho Hung Anh of Techcombank (2.3 billion USD), and Nguyen Dang Quang of Masan Group (1.1 billion USD), with a combined net worth of 35.7 billion USD./.
Ho Chi Minh – The Father of Modern Vietnam
The most revered figure in Vietnamese history, Ho Chi Minh led the fight for independence and national unity.
Ho Chi Minh City is commonly referred to as the economic center of Vietnam, and in 2022 the city's GDP was $59.5 billion, which accounted for 22 percent of the national GDP.
Vietnam is on track to overtake Thailand in economic size measured by nominal GDP as soon as this year, helped by a major state-led infrastructure investment push that is accelerating growth, Nikkei Asia reported. .
The property cost in Vietnam depends on the type, area, number of rooms, proximity to the sea, and city. Premium properties on the first line are more expensive. A house in the suburbs can be purchased for $100,000. In Hanoi, villas are offered at a price of $500,000 and above.
🇹🇭 Thailand – 6.7 years 2. 🇻🇳 Vietnam – 6.3 years 3.
Conclusion: Hanoi's Unmatched Value
The value that Hanoi offers is unparalleled, and my trip through the city with just $100 proved this. To the budget traveller, Hanoi offers affordable hostels and delicious street food; to those who are searching for culture or a touch of luxury there is something here for all.
The cheapest countries in the world are Pakistan, Egypt, and Bhutan. To live comfortably in one of these states, a person needs under $400 per month. These countries, however, are unconventional choices for expats and digital nomads because of their low levels of safety and quality of life.
Overview of Vietnam Meal Cost
Vietnam meal cost varies significantly based on location, dining style, and restaurant type. The average daily food cost ranges from VND 200,000 - 1,400,000 (USD 8 - 58) per person, with street food being the most economical option and luxury restaurants representing premium pricing.
Card payments in Vietnam
While cash is used for small purchases and street vendors in Vietnam, most establishments accept payments from major credit card providers such as Visa. Hotels, tour operators, boutiques, restaurants, grocery stores, and spas all generally accept international debit and credit cards.