Vietnam set to have 10 of the world's billionaires by 2030
Six Vietnamese executives joined the Forbes list of the world's richest people at the beginning of April 2024.
The Vietnamese Government has unveiled a program that aims to have at least 10 billionaires and five of the world's most powerful businessmen by 2030.
| Forbes list showing the six Vietnamese billionaires ranked among the world's richest in early April. |
According to the program, the government is looking to develop a generation of businessmen and managers who are capable of making great achievements and becoming reputable in the world.
By 2045, there will be large enterprises and executives taking the lead in their industrial and agricultural value chains, especially in some key industries in Vietnam.
With the plan, the government strongly expects to have at least two million active enterprises, many of which are projected to become highly competitive in domestic and international markets, leading to the further development of smaller enterprises.
Overall, the private sector is expected to generate about 65-70% of total GDP and employ 32-38% of Vietnam's total workforce, with about 20-35% of businesses run by women.
To achieve the above-mentioned goals, the Government requests ministries, provincial and municipal authorities, government agencies and business associations to promote the important role of entrepreneurs.
The government also urges policymakers to refine regulations, create a good business environment, and facilitate the development of new generations of business leaders.
The plan provides codes of conduct and strengthens relations among enterprises, workers, peasants, and intellectuals to promote national socio-economic growth under the leadership of the Party and the State.
The Government's program aims to realize the tasks and goals set by the Politburo Resolution 41-NQ/TW of October 10, 2023 on the development of Vietnamese businessmen and entrepreneurs in the new era.
In early April 2024, the US magazine Forbes announced the list of the world's wealthiest people, which included six Vietnamese executives.
The six are Pham Nhat Vuong, chairman of Vingroup, Nguyen Thi Phuong Thao, president of VietJet Air, Tran Dinh Long, chairman of Hoa Phat Group, and Ho Hung Anh, chairman of Techcombank.
