Nguyễn_Thị_Phương_Thảo

Nguyễn Thị Phương Thảo

Nguyễn Thị Phương Thảo

Vietnamese businesswoman and billionaire


Nguyễn Thị Phương Thảo (born June 7, 1970) is a Vietnamese businesswoman, and the President and CEO of VietJet Air,[1] President of Sovico Group and Vice President of HDBank.[2] After Phạm Nhật Vượng, she is the second Vietnamese person—as well as the first Southeast Asian woman—to be recognized by Forbes as a USD billionaire.[3]

Quick Facts Born, Education ...

Biography

Nguyễn Thị Phương Thảo became a millionaire at age 21 while studying finance and economics in Moscow,[4] where she began distributing fax machines, plastic and rubber[5] from Japan, Hong Kong and South Korea in the then Soviet Union. Since then she has developed a portfolio of business interests, including VietJet and Sovico Holdings, that itself holds a 90 per cent stake in Ho Chi Minh City's Dragon City development.[6] She holds two bachelor's degrees in financial credit management and labor economics at the Plekhanov Russian University of Economics and a doctoral degree in economic management at the D. Mendeleev University of Chemical Technology of Russia.[7]

She ranked 62nd in the list of Power Women 2016.[8] She is listed in Asia's 50 Power Businesswomen 2016.[9]

After she took VietJet Air public in February 2017,[10] she became Vietnam's first self-made woman billionaire, second billionaire overall (after Phạm Nhật Vượng) and Southeast Asia's only female billionaire. In early 2021, her net worth was estimated at US$2.1 billion.[5] She also has investments in HD Bank and real estate, including three beach resorts.[10][11] In 2021 she signed a memorandum of understanding with the University of Oxford's Linacre College for a donation of GBP£155million. The college intends to petition the Privy Council to change its name to Thao College.[12] In June 2022, she was featured on the list of the Global 100 by the International Hospitality Institute as one of the 100 Most Powerful People in Global Hospitality.[13]

Personal life

Phương Thảo has a daughter and a son, Tommy Nguyen.[5] Her son has previously studied at Oxford University's economic management department and has founded an express delivery company with investment from VietJet.[14][15]

Awards and honors


References

  1. "Nguyen Thi Phuong Thao takes VietJet from 'bikini flights' to IPO in 5 years". Cnbc.com (in Vietnamese). Retrieved 24 March 2016.
  2. "Nữ tỉ phú Nguyễn Thị Phương Thảo: "Hãy tin tưởng ở kinh tế tư nhân"". TUOI TRE ONLINE (in Vietnamese). 2021-03-07. Retrieved 2021-03-11.
  3. "Forbes lý giải vì sao Trịnh Văn Quyết không được xếp hạng tỷ phú USD". ZingNews.vn (in Vietnamese). 2017-03-21. Retrieved 2023-05-09.
  4. "HDBank BOARD OF DIRECTORS". partner.hdbank.com.vn. Retrieved 2021-03-11.
  5. "The World's 100 Most Powerful Women". Forbes.com. Retrieved 8 June 2016.
  6. "Asia's 50 Power Businesswomen 2016". Forbes.com. Retrieved 2016-07-30.
  7. "Forbes profile: Thi Phuong Thao Nguyen". Forbes. Retrieved 28 September 2020.
  8. Nguyen Thi Phương Thảo Forbes Profile, Nguyen Thi Phương Thảo Forbes Profile. "Nguyen Thi Phương Thảo Forbes Profile". Forbes.
  9. "Transformative Donation to College | Linacre College". www.linacre.ox.ac.uk. Retrieved 2021-11-01.
  10. Anh Kiet (2021-04-15). "First Vietnamese businesswoman awarded France's Legion of Honor". Hanoi Times. Retrieved 2024-01-26.

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