VietNamNet Bridge - Holding huge assets worth billions of dollars, these Vietnamese billionaires are not on the world’s lists of billionaires because the information about their assets has not been exposed to the public.1. Bui Thanh Nhon, president of NoVa Real Estate Investment Group, Anova Group. After graduating from college in the US, Nhon returned to Vietnam and started his business with veterinary medicine trade through Thanh Nhon Trading, which later was split into two large conglomerates – Novaland Group and Anova Corporation, operating in veterinary medicine, chemicals and input pharmacy materials. Holding huge assets worth billions of dollars, these Vietnamese billionaires are not on the world’s lists of billionaires because the information about their assets has not been exposed to the public. 2. Duong Cong Minh, president of Him Lam Group, LienVietPost Bank, Lien Viet Securities. Minh took a lot of jobs, from mango trader to land registration service … [Read more...] about Nine lesser-known Vietnamese dollar billionaires
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A firm belief in the Vietnamese people’s endless creativity and undaunted will has helped Nguyen Thi Phuong Thao, CEO of private budget carrier VietJet, overturn long-standing prejudices in the aviation industry, and turn the carrier into an emerging force in the Asia-Pacific aviation market. Bao Nhu reports. The domestic and international investors in attendance could not stop applauding after VietJet CEO Nguyen Thi Phuong Thao and her associates concluded the question-and-answer session at a recent ceremony in Ho Chi Minh City about the company’s proposed initial public offering this year. Though they were responding to Thao’s news, in the background was a shared admiration for the results that Vietnam’s premier budget airline has posted since its debut several years ago. As part of its promotional campaign, VietJet also held a string of successful roadshows in London, Hong Kong, Singapore, France, and Thailand, with support from global financial … [Read more...] about CEO Nguyen Thi Phuong Thao: VietJet setting to the next big IPO launch
RomeÂ (VNA) - The visit to Italy by Vietnamese President Tran Dai Quang represents a major milestone in outstanding bilateral relations between Vietnam and Italy and confirms their deeply rooted commitment to strengthen their ties, said Diplomatic Advisor to the Italian President Emanuela Dâ Alessandro. The advisor made the remarks in her interview granted to Vietnam News Agency correspondents in Rome on the threshold of President Quangâs visit to Italy. The following is the full text of the interview. 1. The President of the Republic of Italy, His Excellency Mr. Sergio Mattarella, paid a State visit to Vietnam in November 2015, what is your impression of the visit and about Vietnam? The State visit President Mattarella paid last year to Vietnam was his first ever to Asia and outside the Euro-Mediterranean area. Indeed, it bore testimony to the strategic importance of Vietnam and South East Asia in todayâs world. Your country and your people greeted President Mattarella with … [Read more...] about President Quangâs visit marks major milestone in VN-Italy ties
Markets continue to decline Shares extended the losing streak begun last week, closing down significantly yesterday on both of the nation's stock exchanges. On the HCM City Stock Exchange, the VN-Index plummeted by nearly 2.2 per cent from last Friday's close to conclude yesterday's session at 469.69 points. Electronic trading boards filled with the red of nearly 200 codes plunging to their floor prices. The value of trades jumped by 17.6 per cent over last Friday's total, however, reaching VND2 trillion (US$95.2 million) on a volume of 110.4 million shares. The VN30 Index, which tracks the city's 30 leading shares in terms of capitalisation and liquidity, also lost 2 per cent, closing at 536.35 points, with 17 of the top 30 stocks bottoming out and only Vietinbank (CTG) and Vietcombank (VCB) posting gains on the day. Profit-taking ate into real estate shares despite a Government move to help shore up the real estate market by giving project developers a 12-month extension on … [Read more...] about BUSINESS IN BRIEF 15/5
Danang has been designated by the central government to be the core city of the Key Economic Zone in central Vietnam, the entrance to the UNESCO World Heritage sites, and the terminal point of the East-West Corridor linking with Laos, Thailand and Myanmar. It is clear that Danang's location makes it a strategic location from which your business can access potentially rich Vietnamese and other Asian markets.I. STRATEGIC LOCATION The coastal city of Danang is situated at the very heart of Vietnam, 759km from Hanoi and 960km from Ho Chi Minh City. It lies on the north-south communications axis of land ( National Road 1A), rail, sea and air routes. Danang borders Thua Thien - HueProvince in the north, QuangNamProvince in the south and the west, and the EasternSea in the east. It is located in a typical tropical area influenced by monsoons with an annual average temperature of 25.7C. The city has a natural land area of 1,256km2 and a population of 887,069 as of 01 April 2009. … [Read more...] about Why invest in Danang?