Thai billionaire Charoen Sirivadhanabhakdi, founder of Singapore-listed Thai Beverage, has expressed his keen interest to invest in a wide range of industries beyond beverage in Vietnam.
Appearing staggeringly in the bold and powerful red outfit as usual at Vietnam Private Sector Economic Forum held last week, Tan Hiep Phat Group deputy CEO Tran Uyen Phuong shed light on her refusal to be a billionaire yet undertaking a grander task to help enhance the international stature of Vietnamese entrepreneurs.
The two new billionaires have total asset value of $3 billion.
Truong Hai Automobile JSC (Thaco) owned by billionaire Tran Ba Duong has taken a further step in the field of agriculture after entering the strategic cooperation with Hoang Anh Gia Lai (HAGL) Group owned by Doan Nguyen Duc.
Oil prices have approached $70 a barrel and Vietjet Air will have to adjust its profit plan in case they exceed this threshold.
Bamboo Airways may pose a risk of competition with Vietnam Airlines or Vietjet Air; however, this prospect will only happen as early as 2019.
Being a billionaire by owning billions of dollar of assets, many Vietnamese businesses use these assets to secure their loans or related companies at banks.
The status of each country today is not only its historical and cultural traditions but also economic power including the wealth of its billionaires.
Economic expert Pham Chi Lan is optimistic about the country's development as Vietnamese billionaires named in Forbes's list of the world's billionaires are investing in many important sectors.
Phu Long Real Estate JSC, which is part of billionaire Phuong Thao’s Sovico Group, received VND2.3 trillion (US$ 101.4 million) of additional capital before acquiring a 50 per cent stake in Splendora urban project and replacing Korean investor Posco E & C.
The wealthiest man in Vietnam shares the management strategy of Vietnam’s largest multidisciplinary private corporation.
Billionaire Jack Ma, founder of China's biggest online commerce company Alibaba, said he would study setting up Vietnam's store on the company's e-commerce application.
It is too soon to identify the eastern part of Hanoi as a blooming real estate market.
Philip Falcone, founder of Harbinger Capital which is a principal investor in the US$4.2 billion Grand Ho Tram Strip in Ba Ria-Vung Tau province, believes U.S. investment will continue to grow in Vietnam as the government continues to implement tough but necessary reforms and takes further steps to ensure a level-playing field for foreign companies.
