Morning news, Sept. 4: Pham Nhat Vuong ranks 57th among the world’s richest people

Pham Nhat Vuong has climbed to 57th place on Forbes’ real-time list of the world’s richest people. The Vingroup chairman’s wealth reached $37.7 billion on Sept. 3, according to the ranking, an increase of $1.2 billion, or 3.27 percent, from the previous trading session.

Vuong remains Vietnam’s richest person. His position has improved rapidly in recent months. He ranked 60th globally at the end of August, when Forbes estimated his wealth at about $36.5 billion. In the annual billionaire ranking published in March 2026, he held $27.7 billion and ranked 93rd.

AgriS, formally Thanh Thanh Cong-Bien Hoa, announced that it had removed Nguyen Duc Hung Linh as deputy chief executive, effective Sept. 1, 2026. Linh had held the position since July 2025. The company’s introduction describes him as a finance professional with more than 20 years of experience, including long periods at SSI, where he served in research and investment advisory roles before becoming chief economist and head of research and strategic development.

Ho Chi Minh City has also established a management board for its Gratitude Fund. The board is led by city Vice Chairman Nguyen Manh Cuong, with Department of Home Affairs Director Pham Thi Thanh Hien as standing deputy head and Vietnam Fatherland Front deputy chairman Pham Minh Tuan as deputy head.

The board will direct fundraising, issue rules for managing and using the fund, inspect its operations and ensure that revenue and spending comply with regulations and financial accounting requirements. It will work on a concurrent basis, while the head will serve as the fund’s account holder. The fund’s office will be based at the Department of Home Affairs.