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Vietnamese billionaires enter global billion-dollar game: risks and benefits

Vietnamese billionaires enter global billion-dollar game: risks and benefits
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In difficult times, Vietnamese billionaires still earn billions of dollars


In difficult times, Vietnamese billionaires still earn billions of dollars
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 07/03/2021
  
15:00
GMT+7
Last year was a stormy one for Vietnam’s businesses, but billionaires still were able to pocket billions of dollars.
Billionaire Nguyen Dang Quang
Just in the last several months of 2020, MSN shares of Nguyen Dang Quang’s Masan Group saw prices increase by twofold, hitting VND95,000 per share in mid-November. The prices continued increasing in early 2021, reaching VND100,000 per share in late January.
The price increase helped Quang have hundreds of millions of dollars worth of stock assets, while Masan’s shareholders also got $2 billion. ....

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