Vietnamese tycoon earns hundreds of billions in a few days

After just a few days, some Vietnamese tycoons like Mr. Tran Dinh Long, Chairman of Hoa Phat Group, can earn hundreds of billions of dong.

This week, Hoa Phat Group Joint Stock Company was praised by investors for giving a lesson on how good attitude can be beneficial when doing business with the US. This concept has helped HPG shares attract more attention on the stock market.

Mr. Tran Dinh Long, Chairman of the Board of Directors of Hoa Phat Group

Thanks to that, after 1 week of trading, HPG shares increased by 1,400 VND/share to 37,000 VND/share. HPG has caused the huge assets of Mr. Tran Dinh Long, Chairman of the Board of Directors of Hoa Phat to "swell" visibly. Specifically, 258 billion VND "flowed" into Mr. Long's account.

With total assets of up to 6,820 billion VND, Mr. Long is firmly in the second position in the list of richest people on the Vietnamese stock market. Mr. Long's family also enjoys many benefits if counting the shares held by Mrs. Vu Thi Hien, Mr. Long's wife. The value of these shares increased by 75 billion VND.

VHC is also one of the stocks with the strongest increase in the week. At the end of the week, VHC stopped at 40,400 VND/share after increasing by 3,000 VND/share. Thanks to VHC, Vinh Hoan Joint Stock Company's market capitalization increased by 277 billion VND.

Holding a very large capital ratio at Vinh Hoan, when VHC increased sharply, Ms. Truong Thi Le Khanh, Chairwoman of the Board of Directors of Vinh Hoan Joint Stock Company, witnessed her huge assets increase by 137 billion VND to 1,841 billion VND.

For a long time, MWG shares of Mobile World Investment Corporation have been rising strongly. This week, MWG has not rested but is still going up. After 5 trading sessions, MWG increased by 6,000 VND/share to 94,000 VND/share.

With a strong increase, MWG helped Mobile World Investment Corporation's market capitalization gain an additional VND881 billion. The increase in the company's assets means that the shareholders' assets also improved. As the largest individual shareholder at MWG, Mr. Nguyen Duc Tai, Chairman of the Board of Directors and General Director of MWG, gained an additional VND22.1 billion. Mr. Tai's assets increased to VND2,162 billion. Thanks to that, Mr. Tai ranked 7th in the list of richest people on the Vietnamese stock market.

Although it did not increase too much, after 1 week of trading, MSN also gained 1,000 VND/share and closed the week at 70,000 VND/share. MSN brought 747 billion VND in market capitalization to Masan Group Joint Stock Company. As the largest individual shareholder at Masan, Ms. Nguyen Hoang Yen, member of Masan's Board of Directors, gained 27.6 billion VND.

During the week, shareholders of Hoa Sen Group Joint Stock Company received important information that the company issued more than 65.5 million HSG shares to pay dividends. Thanks to that, HSG increased quite strongly. After 5 sessions, HSG increased by 2,800 VND/share to 40,000 VND/CoP.

HGS “gave” Hoa Sen Group’s market capitalization 550 billion VND. Of which, Mr. Le Phuoc Vu, Chairman of the Board of Directors, benefited the most when his assets increased by 71.4 billion VND to 1,708 billion VND.

HVG shares of Hung Vuong Corporation are going through a period of ups and downs when they almost dropped to their par value. But this week, the “bottom-fishing” demand helped HVG “turn the tide”. HVG increased by VND800/share to VND10,800/share.

HVG has helped Hung Vuong Corporation's market capitalization improve significantly. After 1 week, this index increased by 181.6 billion VND. Mr. Duong Ngoc Minh, Chairman of the Board of Directors and General Director of Hung Vuong Corporation, has an additional 58 billion VND. Currently, Mr. Minh has dropped to 20th place in the list of richest people on the Vietnamese stock market./.

According to VOV