Most successful businessmen started up in Russia
The Vietnamese people who were trained, lived and worked in Nguyen Dang Quang, one of them, who has listed himself among the Vietnamese stock millionaires, is the owner of a consumer goods group. Pham Nhat Vuong has become the first Vietnamese dollar billionaire after his successful investments in the real estate sector. Pham Nhat Vuong has become the first Vietnamese billionaire to enter the list of world’s richest individuals, with total assets of US$1.5 billion as estimated in March 2013. Pham ranks 974th in the list voted by Forbes, with his $1.5 billion worth based largely on the 53 percent stake he owns (both indirectly and directly) in Vingroup, a real estate development firm. Born in By 2010, when Pham sold the company for an estimated $150 million to Nestle, his noodle company, Technocom, had revenues of $100 million. Le Viet Lam has poured his money into the real estate and tourism, while Nguyen Canh Son has become well known with Euro Window. The common characteristics of the businessmen are that they are young (most of them are about 40), dynamic, rich, and most of them have poured money into the banking sector. Nguyen Dang Quang, 1963, and Ho Hung Anh, 1970, have been known as Chair and Deputy Chair of Masan Group (MSN), a powerful conglomerate with the total market capitalization value reaching $3 billion. However, they are also the influential bankers as well. Anh is the Chair of Techcombank, while Quang is Deputy Chair. Consumer goods and the banking sector have been serving as the springboard for Quang and Anh to expand their emperors. MSN has recently carried out a series of takeover deals to expand their business, move in their plan to jump into other business fields. The Vinh Hao mineral water, Vincafe Bien Hoa, Proconco and Nui Phao project have belonged to the powerful group. Ngo Chi Dung, another businessman who started up in Nguyen Canh Son, who possesses Euro Window brand, injects money in the real estate sector and building materials, is also the influential shareholder of Techcombank and VIB Bank. More and more Vietnamese businessmen, who succeed with their business overseas, have returned to A lot of powerful Vietnamese brands have been generated by the young businessmen, such as Manh Ha, |
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