According to Forbes, Pham Nhat Vuong’s net worth rose by $2.6 billion, or 11.6 percent, on February 11 to reach $24.9 billion, placing him 94th globally. Capital has gradually shifted from gold and real estate back into equities amid expectations of stronger economic growth. Foreign capital could accelerate into Vietnam on expectations of a stock market upgrade from emerging to advanced emerging status. Pham Nhat Vuong has recently entered the steel sector with VinMetal, while Hoa Phat, Hoa Sen and Ton Dong A are branching into industrial real estate and social housing. The stock market is forecast to attract larger capital flows as alternative investment channels become less appealing.

Source: VietNamNet News February 11, 2026 19:00 UTC