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Update news tycoons
While their parents are well known in the business world, their daughters are secretive. The daughters' parents include:
In Vietnam, many businessmen have bought Roll-Royce special edition cars priced at tens of billions of VND. But those cars were seized or sold after the owners were arrested or imprisoned for illegal acts.
Chairman of Phat Dat Real Estate Group, Nguyen Van Dat, and the Chairman of Novaland, another real estate group, Bui Thanh Nhon, have become the latest people who own stocks worth over $1 billion.
VietNamNet Bridge - After swindling partners and appropriating huge sums of money, a number of tycoons have fled abroad. Some of them have been arrested, while others have settled down in other countries.
VietNamNet Bridge – A number of casino tycoons have visited Vietnam in recent years, promising to develop multi-billion dollar casino projects in the country, but then they left. Will they return once their demands are satisfied?
The stock market fell sharply Thursday morning, possibly due to the psychological impact of the East Sea conflict between Vietnam and China. The session saw the biggest one-day decline since 2001.
VietNamNet Bridge – The Vietnamese upstarts tend to spend their money on those things which help them show off their full wallets.
VietNamNet Bridge – A lot of Vietnamese businessmen have set up their own investment companies through which they invest in other businesses.
VietNamNet Bridge – 2013 is a year worth remembering for bankers as it witnesses the leave of a lot of big shareholders from commercial banks. The trend is believed to continue in 2014.
The year of dragon, the bad year for many Vietnamese businessmen is over. However, the debts still exist, and the big tycoons still have to manage to earn money to pay debts.