Dam Vinh Hung confirms bankruptcy and debt, forced to sell his multi-billion VND house to start selling coffee?

Faced with false rumors about his financial ruin leading him to sell his house and land to make ends meet, Dam Vinh Hung responded with a sharp and witty retort, revealing the truth about his enormous fortune.

Recently, "King of Vietnamese Music" Dam Vinh Hung attracted attention from the online community when he posted a status update recounting a hilarious and awkward situation he had just experienced. Specifically, at a party, the singer reunited with his godmother. She couldn't help but laugh when she read the widespread information on social media claiming that Dam Vinh Hung was in financial difficulty, had to sell all his real estate, and even opened a coffee shop to make ends meet.

"Selling one's life" and showing resilience in the face of controversy.

Instead of reacting angrily or vehemently defending himself, Dam Vinh Hung chose a very gentle and uniquely personal approach. The singer shared his witty reply to his godmother: "Why are you secretly laughing? You should be laughing out loud! I don't read or watch anything, so whatever crazy or insane people say doesn't matter to me!"

He even went so far as to jokingly assert that those rumors were still... incomplete. He jokingly said that he not only sells coffee but also "sells fish," "sells franchises," "sells ideas," "sells show tickets," and, most importantly, "sells his life" for art. This clever approach not only quelled baseless speculation but also demonstrated the singer's positive attitude and ability to "let go" of meaningless things on the internet.

The truth behind million-dollar deals

In fact, it's true that Dam Vinh Hung has been continuously selling valuable properties recently, but the reason is completely contrary to rumors of financial decline. This is actually a strategic move to focus his resources on investing in a more spectacular "super project" of housing.

Most recently, the singer caused a stir when he put up for sale a plot of land nearly 300 square meters in Binh Thanh district for up to 60 billion VND. Prior to that, he also parted ways with his multi-billion VND villa in Bac Hai residential area (District 10) – where he lived for 17 years of his youth. The main reason for this move was his love for his son, Polo Huynh. The singer wanted to find a new living space that was more convenient for his son's studies and daily life, as the distance from their old house to school was too far.

Future "super villas" in District 2

While waiting for their new home to be completed, Dam Vinh Hung's family is currently living in a rented house. Revealing details about his upcoming property, Mr. Dam stunned many with his extravagant spending. The new villa is located in the prime real estate area of District 2 (formerly), with construction expected to begin after the Lunar New Year of the Horse and be completed in 2027.

Speaking to the media, Dam Vinh Hung admitted that land prices in this area are extremely expensive. To find a suitable location and a sufficiently large area for his imaginative ideas, he accepted spending a huge sum of money, far exceeding the amount he would earn from selling his old houses. "I just took a leap of faith," the singer excitedly shared about his dedication to the upcoming project.

Dam Vinh Hung rarely appears at a family party, being scrutinized for having a strange and shocking attitude An Huy16:13:41 08/01/2026Recently, social networks circulated a clip recording the moment the King of Vietnamese music Dam Vinh Hung performed at a family wedding party. The appearance of the male singer in everyday space has attracted great attention because of his rare closeness.