Nguyễn Ngọc Phương Vy (born August 27, 1987) is a Vietnamese singer who won the first season of Vietnam Idol, in 2007.
She auditioned for the first season of the Vietnam Idol in Ho Chi Minh City, Vietnam. She proceeded into the top 10 and was never voted into the bottom three. Phương Vy advanced into the finale and won the title over Ngọc Ánh on October 3rd 2007 with 53.44% of the votes. Upon winning the competition, she was awarded $US10,000 and signed a recording contract with the Music Faces Company.