Can I Join A Language School On My Current Visa?
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Finance Vietnam's Billionaires Prosper with $2.5B Market Windfall
File photo for reference only Vietnam's wealthiest individuals have seen their fortunes swell by a collective $2.5 billion this month, powered by a robust performance in the stock market. According to Forbes, the combined net worth of the country's five billionaires has reached $21.2 billion, bolstered by a 12% rise in the VN-Index, Vietnam's benchmark stock index, which is nearing its historic peak from 2022. Leading the pack is Pham Nhat Vuong, chairman of Vingroup, Vietnam's largest private conglomerate. Vuong's net worth has surged by $1.4 billion since July began, now standing at $11.9 billion—approximately 425 billion Thai Baht. This leap in wealth places him 228th on the global list of the richest individuals. The rise in Vuong's wealth is largely due to the impressive performance of Vingroup's stock, which has climbed over 19% this month. He directly holds 450 million VIC shares, accounting for 11.6% of the company’s capital. Vuong, alongside his family, retains significant influence over the conglomerate through various holdings. Nguyen Thi Phuong Thao, chairwoman of budget airline Vietjet, experienced the second-largest increase in wealth among Vietnam’s billionaires. Her fortune rose by $700 million to $3.2 billion, equivalent to about 115 billion Thai Baht. This represents her highest-ever on-paper wealth since joining the billionaire list in 2017. Thao’s financial boost is linked to the significant jumps in stock values for both Vietjet, which rose by 38%, and HDBank, where she serves as deputy chairwoman and which saw a 29.6% increase. She owns 47.7 million Vietjet shares and holds numerous other shares through separate entities, further amplifying her wealth. Other notable gains have come from Tran Dinh Long, chairman of steelmaker Hoa Phat Group, and Ho Hung Anh, chairman of Techcombank, who saw their net worth increase by $300 million (about 10.7 billion Thai Baht) and $100 million (about 3.6 billion Thai Baht), respectively. Long's wealth now totals $2.6 billion, and Anh's stands at $2.4 billion. Lastly, Nguyen Dang Quang, chairman of Masan, has also enjoyed a financial boost, adding several tens of millions of dollars to his fortune, which now sits at $1.1 billion, around 39 billion Thai Baht. These figures highlight the dynamic nature of Vietnam's economy and stock market, providing an environment where substantial wealth generation is feasible. This remarkable growth reflects both the resilience and potential of the Vietnamese market, attracting attention from global investors. As the VN-Index continues its upward trajectory, these billionaires’ fortunes serve as a testament to the economic strides being made in Vietnam. Adapted by ASEAN Now from VN Express 2025-07-29 -
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UK Flat – Sell or Keep Renting? Expats Who’ve Been There – What Did You Do?
Is there a structured way or some kind of guide to effectively invest in land in Thailand? I assume you have to buy it in a Thai person's name, but that means they could sell it at any time, right? I always avoid properties with balconies—but that’s a separate issue. -
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Someone can explain this to me?
I think any company that declares fraudulent figures for the imported goods would also be willing to cheat on their tax returns. A lot of customs declarations, and also tax returns are done by the "Honor System". But if you get busted, either because of red flags that trigger an audit, or someone tipping off the authorities, the penalties can be severe. -
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Transfer visa to the new passport
I am back in the UK having obtained a new UK passport. In my old passport I have a Thai retirement O visa and multiple entry permit which are valid until December. I understand these can be transferred but wonder about how this would work I read it has to be done in the office where they were obtained (khon kaen) So would I have any problems with the airline when checking in at the airport back to Thailand and what would happen at Thai immigration Suvarnabhumi , would they stamp me in the for the remaining days. -
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UK Flat – Sell or Keep Renting? Expats Who’ve Been There – What Did You Do?
Just be really careful and double-check everything—because in my case, they miscalculated and sent me a bill years later for just one day of unpaid council tax. The place was empty but furnished, and even though I’d been diligent about paying during the vacant periods, they still came after me 4–5 years later. It was over a single day, and they could’ve sent bailiffs or even escalated it to something more serious. -
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UK DWP minister gives update on ‘bank spying’ plans which will hit millions
That is also why I said, those who do NOT declare
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