Phạm Thu Hương, Vice Chairwoman of Vingroup, has become the second wealthiest person in Vietnam, overtaking Nguyễn Thị Phương Thảo, Chairwoman of Vietjet Air. Her wealth increased by over $265 million, propelling her into the number two spot. This shift in the ranking highlights the dynamic nature of Vietnam’s business landscape and the growth of Vingroup’s assets. The increase in Phạm Thu Hương’s fortune reflects positively on Vingroup’s overall performance and investor confidence. Nguyễn Thị Phương Thảo previously held the position as Vietnam’s second richest individual. The change underscores the competitive environment among Vietnam’s leading business figures. This development is being closely watched by investors and observers of the Vietnamese economy.