The globally best-known Viet Kieu tycoons
VietNamNet Bridge – They are the Vietnamese people who have set themselves up in business, settled overseas and become millionaires.
VietNamNet Bridge – They are the Vietnamese people who have set themselves up in
business, settled overseas and become millionaires.
Tran Dinh Truong – the billionaires in New York
Tran Dinh Truong (1932 – 2012) was considered the richest Vietnamese person in the world with the asset value of 1.2 billion dollars.
He started his business of hotel management with Opera and Carter Hotels near the Times Square, and Lafayette Hotel in Buffalo in New York.
Nowadays, Tran Group Management LLC of his family is managing and leasing the system of hotels in the northeastern region in the US, including Quality Inn Downtown, Best Western (Baltimore), Lafayette Buffalo NY. It is building Crown Hotel with 250 rooms in Baltimore, and moving ahead with the plan to build a 200 room on Market Road in Philadelphia.
The group is also considering making investment in Vietnam, while it is managing VBC, a Vietnam Business Center in Baltimore, which aims to encourage and help Vietnamese enterprises establish their presence in the US and bring Vietnamese goods to the US market.
Trung Dung, the legendary technology billionaire in the US
Dr Trung Dung, born in 1967, is a Vietnamese American billionaire who possesses the total asset worth one billion dollars.
When setting foot on the US land in 1985, Trung Dung only had two dollars on his pocket. But 15 years later, he earned 1.8 billion dollars from the sale of his OnDisplay Company to Vignette Corp.
The story about Dung has become famous among the high technology community which has been mentioned in a lot of well-known journals, namely Forbes, Fortune, Financial Times and Wall Street Journal. Dung’s story was also reported in the book titled The American Dream by the CBS editor Dan Rather.
Dung got the bachelor degree in computing science and applied mathematics from the Massachusetts University in Boston in 1988. After that, he got his master degree. In 1992, he got the doctorate from the Boston University
Dung set up On Display Inc in 1996, the company which is considered one of the 10 most successful companies in their IPOs in the US in 1999.
Since 2005, he has been working as the managing director of V-Home Group, which gathers the Vietnamese American businessmen who want to seek investment opportunities in Vietnam.
Nguyen Van Hien, the richest Vietnamese person in Germany
Hien now possesses a huge fortune in Germany, including the Dong Xuan Shopping Mall in Berlin. The shopping mall is the place where Vietnamese businessmen do business and introduce their products.
Hien said a lot of investors have sent words on buying the shopping mall, but Hien has refused to sell it.
He is investing some 30 million euros to build up a cultural, economic center in Lichtenberg in Berlin, which aims to introduce Vietnamese cuisine, culture and Vietnamese people to German people.
Darunee – the most successful businessman in Thailand
After finishing the accountancy faculty of the Chulalongkorn University, one of the most prestigious universities in Thailand, she got married with a Chinese Thai man. Both of them then started their business with the modest capital of tens of thousands of baht they saved before.
At first, they served as the sales agent of refrigeration products for the US York in Bangkok. After seven years, they could set up a private owned company, Senator, a refrigeration machine manufacturer, when Darunee turned 30.
Senator has become a well-known brand in Thailand which brings the revenue of 500 million baht a year.
She said that in the war period, Vietnamese people in Thailand did not introduce themselves as Vietnamese. However, she was always a brave Vietnamese, because she always said she was from Vietnam and she was proud she is a Vietnamese.
Vietnam resolutely opposes and demands Taiwan (China) to cancel its live-fire exercises in the waters around Ba Binh island that belongs to Vietnam's Truong Sa (Spratly), Vietnamese Foreign Ministry spokeswoman Le Thi Thu Hang stated on December 2.
Make in Vietnam camera manufacturers are enhancing security capability and satisfying requirements on information security set by the Ministry of Information and Communications (MIC) for devices such as cameras and Internet of Things (IoT).
Deputy Prime Minister Le Minh Khai has signed a decision approving a plan of rearrangement of state-owned enterprises for the period of 2022-2025 in the form of one-member limited company, equitization, re-arrangement and divestment.
The Ministry of Transport has urged Tra Vinh Province to implement compensation payment for site clearance and resettlement support to build a new ship channel for large vessels in the Hau River.
Le Huu Toan successfully defended his World Boxing Association (WBA) Asia minimum-weight (48kg) belt during The Challenger event on November 30 in Bangkok, Thailand.
Foreign capital keeps flowing into Vietnam through many different channels, helping investors regain their confidence in the stock market and the economy.
Hanoi authorities plan to build new urban areas and eco-friendly housing, and develop open space with parks, urban squares and flood parks on thousands of hectares on the alluvium grounds of the Red River area.
The goal of developing 1 million social housing units may not be feasible.
Hanoi and Ho Chi Minh City have been selected by Michelin as the latest destinations joining the international selection, as compiled by the Michelin Guide.
Vietnam boasts substantial potential for wind power, particularly offshore wind power, providing an opportunity for the country to fulfill its energy transition target towards green growth.
Prime Minister Pham Minh Chinh called for concerted efforts to fight illegal, unreported and unregulated (IUU) fishing while chairing a teleconference with 28 coastal provinces and cities on December 1.