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Nguyen Thi Phuong Thao

Nguyen Thi Phuong Thao

N. Thao
-0.04% | - $-1.67M
$4.12 B ₹ 37,474 Cr
Real Time Net Worth #1022 Ranking as of 21 Feb 2026 By Forbes

More on Nguyen Thi Phuong Thao

Gender

Female

Age

55Y

Country

Vietnam

Born On

June, 1970

Deceased

No

Relationship Status

Married

Children

Unknown

Education

Unknown

Designation Info :

Self-Made

Yes

Entrepreneur Type

Self-Made (Aviation)

Primary Organization

VietJet Air

Titles

Founder & CEO

Sources of Wealth

VietJet Air, HDBank

Industry

Aviation, Banking, Real Estate, Finance

About Nguyen Thi Phuong Thao


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.

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Quick Reads


  • Vietnam's first self-made female billionaire.
  • Founder and CEO of the low-cost airline VietJet Air.
  • Made her first million as a student in Moscow trading commodities.
  • VietJet gained fame for its "Bikini Airline" marketing campaigns.
  • Also holds a majority stake in the publicly traded HDBank.

Early Life and Background


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.

  • VietJet Air (Founder & CEO): The core publicly traded asset, Vietnam's largest private airline (known for its low-cost carrier model).
  • Real Estate Focus: She is a major real estate developer (operating Sovico Holdings).
  • Aviation Pioneer: Her success is built on scale investment in aircraft fleet and route networks, successfully challenging the state-owned flag carrier (Vietnam Airlines).
  • Controversy/Branding: VietJet is known for its controversial bikini calendar marketing campaigns.

Career Journey of Nguyen Thi Phuong Thao


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.

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Nguyen Thi Phuong Thao's Timeline


1990s:

Starts career trading commodities in Russia and Eastern Europe (Early Venture).

2011:

Founds VietJet Aviation Joint Stock Company (Founding).

2017 (February):

VietJet Air executes its successful IPO on the HOSE (Financial Milestone).

Ongoing:

Continues as Founder and CEO, guiding the massive aviation giant (Executive Oversight).

Major Business Ventures and Investments


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.

  • VietJet Air (Founder & CEO): The core publicly traded asset, Vietnam's largest private airline (known for its low-cost carrier model).
  • Real Estate Focus: She is a major real estate developer (operating Sovico Holdings).
  • Aviation Pioneer: Her success is built on scale investment in aircraft fleet and route networks, successfully challenging the state-owned flag carrier (Vietnam Airlines).
  • Controversy/Branding: VietJet is known for its controversial bikini calendar marketing campaigns.

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Philanthropy and Social Impact


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.

Fashion, Style, and Lifestyle


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.

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Quotes and Philosophy


No publicly available quotes.

Fun Facts & Trivia


  • She is the Founder and CEO of VietJet Air, Vietnam's largest private airline.
  • She is known for VietJet's controversial bikini calendar marketing campaigns.
  • She started her career selling instant noodles (from a related source) and trading commodities in Russia.
  • She holds a Ph.D. in Economic Management.
  • Her wealth is tied to the successful pioneering of the low-cost carrier model in Vietnam.
  • She is one of the few self-made female billionaires in Asia.
  • Her structural wealth is tied to the long-term, stable profitability of the aviation and tourism sectors.

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Sources & References


This profile is compiled from verified biographical and financial records:

  • Wealth Data: Real-time tracking and historical data from Forbes Billionaires and the Bloomberg Billionaires Index.
  • Biographical Records: Educational and career history sourced from Reuters, The Wall Street Journal, and official university alumni directories.
  • Regulatory Filings: Shareholder and executive disclosures from stock exchange databases, including HKEX, SSE, SZSE, and SEC EDGAR.
  • Corporate History: Primary data from annual company reports, founding charters, and verified press announcements.

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

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