Who is the richest Vietnam woman?

Nguyen Thi Phuong Thao: Vietnam’s Trailblazing Woman of Fortune

In the illustrious realm of business and finance, Vietnam has emerged as a force to be reckoned with, and at its forefront stands a remarkable woman: Nguyen Thi Phuong Thao. As the nation’s sole female billionaire, Thao has not only shattered glass ceilings but has also carved a path of unprecedented success in the aviation industry.

With a net worth of a staggering $2.9 billion as of October 2023, Thao is a beacon of inspiration for aspiring entrepreneurs and a symbol of the growing economic power of Vietnam. Her journey to the pinnacle of wealth began with the founding of VietJet Air in 2011.

Driven by a vision to make air travel accessible to all, Thao launched VietJet Air as a low-cost carrier. Embracing an innovative business model, the airline rapidly gained popularity, becoming a preferred choice for budget-conscious travelers. Under Thao’s astute leadership, VietJet Air grew exponentially, expanding its fleet and destinations across the region.

In 2017, Thao took VietJet Air public on the Ho Chi Minh Stock Exchange, marking a historic moment for both the airline and the Vietnamese economy. The company’s successful IPO raised significant capital, fueling its ambitious expansion plans. Today, VietJet Air stands as one of the leading low-cost carriers in Southeast Asia, operating hundreds of flights daily to over 100 destinations.

Thao’s extraordinary business acumen has not gone unnoticed. She has been consistently ranked among the most powerful women in the world by Forbes and has been lauded for her entrepreneurial spirit and unwavering dedication. Beyond her business ventures, Thao is actively involved in philanthropy, supporting various educational and humanitarian causes.

As the richest woman in Vietnam, Nguyen Thi Phuong Thao serves as a role model for countless young women and aspiring business leaders. Her unwavering determination, strategic vision, and commitment to innovation have paved the way for a new era of economic empowerment in Vietnam. As she continues to push the boundaries of success, Thao’s legacy as a visionary entrepreneur and inspiring woman of fortune will undoubtedly continue to inspire generations to come.