Phạm Nhật Vượng (born 5 August 1968)[3] is a Vietnamese property developer and Vietnam's first USD billionaire.

[5] Vượng was born on 5 August 1968 in Hanoi; his paternal family has origins in Hà Tĩnh in north-central Vietnam.

[6] His father served in the Vietnamese Army's air defence division, and his mother is a Hai Phonger, who had a tea shop, which left the family with a very meager income.

[1] After graduating, he married Phạm Thu Hương, whom he had known since high school, and moved to Kharkiv, Ukraine where he lived in the early 1990s.

[9][10] In the 1990s, while living in Ukraine, Phạm Nhật Vượng started an instant noodle restaurant business using money borrowed from friends and family.