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Update news stock millionaires
VietNamNet Bridge - The rapid increase in the number of Vietnamese dollar billionaires has caused concern rather than joy.
VietNamNet Bridge – The total stock assets of the 50 richest Vietnamese women in 2014 increased by VND5 trillion from the year before.
Though the family run business model remains controversial, the influences of the famous family run conglomerates to the national economy in the past and at present are undeniable.
A lot of businesses have been forced to delist because they did not expose information.
Nearly 200 businessmen with the “Nguyen” last name are now the presidents of listed companies. The businessmen with “Tran”, “Le”, “Pham”, “Do”, “Vu”, “Bui” take turns heading other enterprises.
They are the leading brains who not only have influences to their businesses’ development, but also to the development of the country and the regional economies.
Only billionaires can hold the controlling stakes of a commercial bank. Meanwhile, Tram Be and his family members are now the biggest shareholders of two banks – Sacombank and Southern Bank.
Thirty years after the doi moi (renovation) was kicked off, Vietnam has had a billionaire recognized in the world. Who would be the second billionaire?
In the next 10 years, urban areas would remain the potential destinations for foreign luxurious products, especially cars and beauty products.
The total stock assets of the 500 richest stock millionaires in 2012 reach VND75 trillion. More than a half of the 500 millionaires have the assets of over one million dollars.
Vietnamese businesses had never before faced so many difficulties as in 2012. The stories about the enterprises incurring loss or getting bankrupt were so popular that they did not surprise anyone.
The big hostile takeover deals and the huge transactions to increase the ownership ratios in companies prove to be the main reasons behind the appearance of many new faces in the 2012 stock millionaires’ list.
At the age of 40, some businessmen managed to obtain the stock assets worth trillions of dong. The total stock assets of the 30 richest businessmen among them have reached 8 trillion dong.