Some economists, when comparing Vietnam with developed economies, commented that the richest billionaires make money from technology, but Vietnamese billionaires' profits are mostly from real estate projects.<br />
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Though appreciating what real estate billionaires contribute to the economy, the economists noted that Vietnam needs ‘technology billionaires’.<br />
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Two of the real estate billionaires are Pham Nhat Vuong, president of Vingroup, and Trinh Van Quyet, president of FLC.<br />
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The Forbes magazine on March 3 2016 announced the world's billionaire list 2016 in which Pham Nhat Vuong is still the only Vietnamese on Forbes' list of the world's richest people, ranked 1,011th.