N guyen Thi Phuong Thao is Vietnam's first self-made female billionaire and one of Southeast Asia's most successful entrepreneurs. She is the founder and CEO of VietJet Air, the country's first privately owned airline and its largest low-cost carrier. She began her entrepreneurial journey in the late 1980s while she was a university student in Moscow, where she made her first million by trading commodities like fax machines and latex.
After returning to Vietnam, she invested in banking and real estate before making her boldest move: launching VietJet Air in 2011. She radically disrupted the country's state-dominated aviation industry with a low-cost, high-energy model. The airline became internationally famous for its controversial marketing stunts, including using flight attendants dressed in bikinis on some inaugural flights, which earned it the nickname "Bikini Airline." Beyond aviation, she is the vice chairwoman of HDBank, a major Vietnamese retail bank, and has extensive investments in real estate, including several beach resorts.
Advertisement
Nguyễn Thị Phương Thảo is a Vietnamese businesswoman, the self-made billionaire Founder and CEO of VietJet Aviation Joint Stock Company (HOSE: VJC), Vietnam's largest private airline, and a major real estate developer. Her career is rooted in finance, commodities trading, and entrepreneurial audacity.
Thảo holds a B.A. in Economics and Finance from the Plekhanov Russian University of Economics and a Ph.D. in Economic Management. Her philosophical approach centers on disruptive value pricing (the low-cost carrier model), scale efficiency, and long-term asset hold in the high-growth aviation and tourism sectors.
Nguyễn Thị Phương Thảo's strategic genius was her commitment to the low-cost carrier (LCC) model. She started her career trading commodities (rubber, machinery, coal) in Eastern Europe after the collapse of the Soviet Union. 2011: VietJet Air. She launched VietJet Air, successfully building it into Vietnam's dominant private airline by offering ultra-low fares and aggressive marketing (including the famous bikini calendar).
Her structural contribution is immense: pioneering the LCC model that democratized air travel for millions of Vietnamese consumers. The company successfully executed its IPO on the Ho Chi Minh Stock Exchange (HOSE) in 2017. Her wealth is secured by the colossal, long-term, stable profitability of the global aviation and tourism sectors.
Advertisement
Starts career trading commodities in Russia and Eastern Europe (Early Venture).
Founds VietJet Aviation Joint Stock Company (Founding).
VietJet Air executes its successful IPO on the HOSE (Financial Milestone).
Continues as Founder and CEO, guiding the massive aviation giant (Executive Oversight).
Nguyen Thi Phuong Thao's wealth is concentrated in her founding equity and continued executive leadership of the publicly traded aviation giant, VietJet Aviation Joint Stock Company (HOSE: VJC), and her private real estate holdings.
Advertisement
Nguyễn Thị Phương Thảo's social impact is structural, stemming from VietJet Air's role in providing essential, affordable air travel to millions, accelerating national tourism and economic integration. The company contributes significantly to employment and regional connectivity. Her personal philanthropy supports various community and educational initiatives.
Her structural contribution is tied to the successful privatization and modernization of the Vietnamese aviation sector.
Nguyễn Thị Phương Thảo maintains the professional, composed style of a corporate executive. Her attire is consistently formal and high-quality, favoring tailored suits. Her aesthetic reflects serious authority and stability, typical of a leader in the high-stakes aviation sector.
Residing in Hanoi, Vietnam, her luxury is the immense security and financial reward derived from her multi-billion dollar fortune. Her life is dedicated to aviation management, investment strategy, and the long-term stewardship of the VietJet empire.
Advertisement
No publicly available quotes.
Advertisement
-0.14% | -$2.10M
+29.89% | +$1.31B
This profile is compiled from verified biographical and financial records:
All information is cross-referenced with public sources for accuracy; some narrative sections are AI-assisted summaries.
If you find any inaccuracies, please report them to admin@redcarpetlife.in
Sponsored Content