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Update news vietnamese tycoons
The assets of dollar real estate billionaire Bui Thanh Nhon have dropped sharply due to share price fluctuations over the last two years. Big changes have also been seen in the shareholder structure.
Asia Commercial Bank, or ACB, has become stable since Tran Mong Hung’s family returned to take over management. ACB is one of the best known banks in Vietnam.
Tram Be, a once-famous tycoon with a takeover deal of Sacombank, has returned to the business world by joining the board of directors at Trieu An Hospital.
Vietnamese corporations have asserted their position and strength after many large acquisition deals. Big names are confident about holding onto the domestic market, even knocking out foreign retail giants.
Billionaire Pham Nhat Vuong has launched a new system that is expected to help Vinhomes bring in about $1.5 billion in 2021.
Company presidents Tran Dinh Long and Dang Thi Hoang Yen have time to go to cafés and don’t attend shareholder meetings.
VietNamNet Bridge – Big-name Vietnamese brands have changed hands recently after finalizing major deals worth hundreds of millions of dollars.