Vietnamese-born billionaires respected by American

Mr Doan Tri Trung

VietNamNet Bridge - The billionaires all have huge assets in the US, and their names are well known in the US, which has the highest number of billionaires. Hoang Kieu, according to Doi Song & Phap Luat, is the richest Vietnamese-born businessman in the US. He has assets worth $3.8 billion, ranking 149th among 400 richest people in the US and the 847th on Forbes’ billionaires’ list. Kieu, 71, is now vice president of Shanghai RAAS Blood Products, a plasma manufacturing firm. Well known as one of the 17 American immigrant success stories mentioned in Dan Rather's book The American Dream, Trung Dung now has $1.8 billion, though three decades ago, in 1985, he arrived in Boston with just two dollars in his pocket. Dung was the founder and technology director of OnDisplay. In 1999, he sold OnDisplay for $1.8 billion. After that, he became the founder and CEO of Fogbreak Solutions. His life story has been profiled in many leading publications including Forbes, … [Read more...]

Vietnamese on global lists of super-rich


VietNamNet Bridge – Official statistics show that Vietnam has two dollar billionaires and hundreds of super-rich, but the actual figure is believed to be higher if it includes the hidden billionaires. The number of super-rich Vietnamese people has been increasing rapidly despite the economic recession. The latest "Billionaire Census 2014" by Wealth-X and UBS showed that Vietnam was among 14 Asian countries with dollar billionaires. In 2014, the number of dollar billionaires increased to two with total assets of $3 billion. The report did not show the names of the two billionaires. However, one of them is assumed to be Pham Nhat Vuong, chair of Vingroup, who was named in Forbes’ list of billionaires. Vuong is reported to have assets worth $1.6 billion, ranking 1,149th on the list of the world’s billionaires. The other billionaire remains unknown. However, names have been mentioned, including Nguyen Thi Nga from BRG Group and SeABank, Vu Van Tien from Geleximco, Dao … [Read more...]

T&T win maiden trophy at U21 football

Ha Noi T&T's U21 football team yesterday defeated Vinh Long 2-0 in the final at Lach Tray Stadium in Hai Phong City to win the U21 football championship for the first time.— File Photo

HA NOI (VNS)- Ha Noi T&T's U21 football team yesterday defeated Vinh Long 2-0 in the final at Lach Tray Stadium in Hai Phong City to win the U21 football championship for the first time. Minh Hai scored the opening goal in the last minute of the first half and Van Thanh sealed the game for the Ha Noi-based team as in the second half he successfully converted a penalty after Van Tam was fouled in the box. Song Lam Nghe An and Hai Phong shared third place. Tran Dinh Truong, who is also the best scorer with three goals, was named the best player of the tournament, while the best goalkeeper title was awarded to Nguyen Van Cong of T&T. The annual tournament is organised by Thanh Nien (Young People) newspaper with the participation of eight teams from across the country. -- VNS … [Read more...]

Hanoi T&T claim national U-21 title

Hanoi T&T celebrate their win

Nhan Dan Online - A convincing 2-0 victory over Vinh Long on October 6 lifted Hanoi T&T to their first-ever title at the 2013 Thanh Nien (Youth) Newspaper National U-21 Football Championships.>> Thanh Nien Newspaper U-21 Football Championships opens in Hai Phong Hanoi T&T played offensively from the start, launching fierce waves of attacks towards the Vinh Long goal, but failed to convert their chances. It was not until first-half stoppage time that Minh Hai put Hanoi T&T in front with a powerful strike fired from outside the penalty box. The 1-0 advantage inspired the Hanoi men to play comfortably for the remainder of the match. In the 59th minute, Hanoi T&T were awarded a penalty after Van Tam was brought down in the box. Van Thanh doubled the lead with a perfect penalty kick, sealing a 2-0 win for his team. As champions, Hanoi T&T walked away with VND250 million (US$11,750) in prize money, while runners-up Vinh Long received VND120 million … [Read more...]

Famous overseas Vietnamese


VietNamNet Bridge - They are Vietnamese who have settled and attained great success overseas to become millionaires or billionaires. They are considered the most successful Vietnamese in the world. They are proud to be Vietnamese and always willing to help the Vietnamese expatriates. Tran Dinh Truong (1932-2012) is considered the world's richest Vietnamese with assets of about US$1.2 billion. Truong started hotel business in New York City, with Opera and Carter hotels (near Times Square and Lafayette Hotel in Buffalo, New York.) … [Read more...]

Public comments on National Assembly Q and A session

(VOVworld)-Voters nationwide are closely following developments in the National Assembly Q and A session which is broadcast live on TV and radio. Many agreed on answers by some ministers while others are not satisfied with their unclear accountability. Voter Nguyen Manh Yen from Lao Cai province: "People in remote and mountainous areas are facing more difficulties. Adjustment of gasoline price must take into account development levels among regions."Voter Tran Dinh Truong from Da Nang City calls for more drastic measures to resolve non performing loans:"The governor should take the lead in the transparent banking system to supervise the industry. Monetary policy difficulties must be addressed throughout the banking sector, the State Bank and its branches." … [Read more...]

The richest Vietnamese overseas


(VOV) - More and more Vietnamese are doing business overseas and many of them have become US dollar multi-millionaires. 1. Tran Dinh Truong-Vietnamese billionaire in America Born in Ha Tinh province businessman Tran Dinh Truong currently possesses assets worth nearly US$1 billion, including a number of luxury hotels in New York, most notably the Carter Hotel in Times Square. Truong was first involved in maritime transport for a long time and owned numerous fleets including the Truong Xuan, Truong Thanh, Bong Hong 9, Sao Mai, Patrich, Truong Vinh, Truong Hai and Truong Sinh shipping companies. He later began his hotel business in New York with the Opera, Carter and Lafayette Hotels. Although he is always up to his eyes in work, he is still a benefactor of charity projects and tries to help Vietnamese people living in America. In 2004, he was honored with the Golden Torch Award in Washington D.C. Unfortunately, Truong died in May 2012, without seeing his trade centre in … [Read more...]

Media in search of the richest in Vietnam


As the Lunar New Year 2007 approaches - the first year Vietnam has entered the WTO, local media has gone to great lengths to find out who is the richest person in Vietnam. Following are some candidates. Local Dai Doan Ket newspaper early this month listed the richest Vietnamese nationals living in Vietnam into two groups: those earning their fortune through stocks and those getting rich through other means. Leading the first group, which does not count land and other incalculables, is Truong Gia Binh, president cum director of FPT, a giant telecom company. … [Read more...]

Well-known Vietnamese in America


VietNamNet Bridge - The strength of the overseas Vietnamese community in the economy in the US has been featured in the American media. Therefore, Vietnam’s policy of calling for contributions from overseas Vietnamese to the country’s development is necessary.The overseas Vietnamese community in Houston Of the 1.2 million Vietnamese Americans, according to the latest statistics, one third live in California. In Santa Clara County (California), Vietnamese own more than 5,000 companies. Some successful overseas Vietnamese live in Evergreen Valley in luxury houses that are priced $1 million on average, according to H.G Nguyen, President of the Overseas Vietnamese Chamber of Commerce in San Jose. In addition to California, another place with many successful Vietnamese is Houston, according to a report from the BBC. According to the article, Houston (Texas's largest city, the fourth largest in the US) is one of many successful cases of the Vietnamese community in the … [Read more...]

Overseas Vietnamese billionaire listed in top 400 richest people by Forbes


Vietnamese-American billionaire Hoang Kieu was listed in the top 400 richest people in the world in 2015 by Forbes on September 30th. He ranks 149, with total assets up to USD3.7 billion. Mr. Hoang Kieu is famous with the brand of Hoang Kieu Winery, specializing in the field of wine. He also does business in various fields from handbags, cosmetics and food supplements. Mr. Hoang Kieu was born in 1944 in Quang Tri province. He went to the US in 1975 and started his career at the Abbott company. In 1980, he founded the Rare Antibody Antigen Supply company, which specialized in plasma test facilities (components of blood) in the US. In 1987, he became a partner of a center specializing in blood in Shanghai, China. In 1992, Mr. Hoang Kieu established Shanghai RAAS Blood Products, which provided blood products. With a passion for wine, billionaire Hoang Kieu has researched and pursued to produce wine and created the brand of Hoang Kieu Winery in Napa Valley, California. He has … [Read more...]

Vietnamese-American pharma billionaire debuts in ‘Forbes 400′ list


Vietnamese American pharma billionaire Hoang Kieu. Photo: Dao Ngoc Thach Vietnamese-born pharmaceutical billionaire Hoang Kieu has for the first time been named in Forbes Magazine’s 34th annual "Forbes 400" list. The list ranks America's billionaires who have a combined net worth of US$2.34 trillion. Hoang Kieu, 71, is at number 149 with a net worth of $3.7 billion. He’s the richest newcomer on this year's list. According to Forbes, Hoang Kieu was born in Vietnam and immigrated to the US with his family in 1975 after the Vietnam War ended. He found his way into a job at Abbott Reference Laboratories in California, and became director of the company's blood plasma testing and manufacturing division. In 1980 he founded a company called Rare Antibody Antigen Supply and began to acquire plasma centers in the US. He started to collaborate with the Shanghai Blood Center in China in 1987. That led him to found Shanghai RAAS Blood Products in 1992, which supplies albumin, … [Read more...]

American-Vietnamese billionaire among US 400 richest people


American-Vietnamese Hoang Kieu has been named on a list of the 400 wealthiest people in the US in 2015 by Forbes magazine. Mr. Hoang Kieu According to the list released by Forbes on September 29, Hoang Kieu ranked 149th with a fortune worth USD3.8 billlion. He is also the richest among 25 newcomers on this year’s list. Hoang Kieu was born in Vietnam and moved to the US in 1975 when he was 31 years old. He previously served in the US Special Forces during the American War. He worked for Abbott Laboratories for five years before establishing the company specialising in producing plasma, Shanghai RAAS Blood Products, in 1989. With total revenues of USD214 million and the market capitalisation of USD17.7 billion, the company was ranked 20th on Forbes Most Innovative Companies list and named in Forbes’ Asia's 200 Best Under A Billion in 2015. He also owns RAAS Nutritional, a nutritious foods firm in China, and a red wine company in Napa Valley in the US. Hoang is known for … [Read more...]

Billionaire of Vietnamese origin among America’s 400 richest people


VietNamNet Bridge - Billionaire Hoang Kieu has been included on a list of the 400 wealthiest people in America by Forbes magazine. Forbes on September 29 released the list of 25 businesspeople who are among the top 400 richest people in America. Topping the list was Hoang Kieu, who owns a fortune of $3.8 billion. According to Forbes, Hoang Kieu was born in Vietnam and moved to the US in 1975, when he was 31 years old. He worked for Abbott Laboratories for five years before establishing the company specializing in producing plasma, Shanghai RAAS Blood Products, in 1989. The company, headquartered in Shanghai, was named one of the best 200 companies capitalized under $1 billion in Asia in 2012. The billionaire also owns RAAS Nutritional, a nutritious foods firm, in China, and a red wine company in Napa Valley (California, USA). The company's annual output is around 10,000 bottles, with China and some Asian countries as the main markets. Hoang Kieu previously intended to bring the … [Read more...]

Kieu moves up list of billionaires

Vietnamese American businessman Hoang Kieu has climbed to 628th place in the World's Billionaires list released by American business magazine Forbes as of September 18. The value of his assets increased from US$1.6 billion to US$2.8 billion after the share price of Chinese plasma supplier Shanghai RAAS Blood Products Co., Ltd climbed on the Shenzhen Stock Exchange. Kieu owns 183.6 million shares, or 37% of the company. Forbes wrote that the share value rose "amid optimism about healthcare businesses and a shortage of IPOs that have led investors to bid stocks in growing companies to high earnings multiples". … [Read more...]

Misses World to return to Vietnam with entourage

The Hanoi Times - Miss World 2008 Ksenia Sukhinova and Miss World 2007 Zhang Zilin will return to Vietnam in June with an entourage of hundreds of doctors. Sukhinova and Zilin will travel to more than 10 cities and provinces in Vietnam from May 27 to June 8 to provide financial aid to disadvantaged families and ethnic minority students. About 200 doctors from China and the U.S. will accompany the two misses and provide free treatment to poor patients. The Miss World tour of Vietnam includes two concerts featuring local pop stars Lam Truong, Quang Linh, Ho Quynh Huong and Ho Ngoc Ha. The first concert will be held in the Mekong Delta city of Can Tho City o­n June 2 and the second in Nha Trang o­n June 7. The charity events will raise money for poor students and patients in Vietnam. Shanghai RAAS Blood Products Co, the organizer of the Miss World Pageant 2010, has allocated VND8.8 billion (US$494,800) to the charity tour by Sukhinova and Zilin. Next year's Miss World contest is … [Read more...]

Over 1,100 triathletes kids to race in Ironman

Triathletes start a 1.9km swimming event at the VNG Ironman 70.3 Viet Nam in Da Nang City last year. The race has drawn over 1,100 athletes from 59 countries over the world this year. -- VNS Photo Cong Thanh

VietNamNet Bridge – Viet Nam will send 172 triathletes, the largest team, to race in the VNG Ironman 70.3 Viet Nam in the central city on May 8. The race’s organiser, Sunrise Events Viet Nam, said at a press conference on Monday (May 2) that the triathlon this year will debut with a race for children in the age groups of 6 to 10 and 11 to 14, with 1.5km and 2km runs, respectively. The Iron Kid race will take place on May 7. Trinh Bang, managing director of Sunrise Events Viet Nam, said that this year the race had drawn the participation of 1,132 athletes representing 59 countries, including more than 25 professional triathletes and 50 relay teams. He said the top men’s and women’s Vietnamese finishers will qualify for the Ironman 70.3 World Championship at Mooloolaba, in Queensland, Australia, along with 46 age-group qualifying slots, and 44 slots for the Ironman 70.3 Asia Pacific Championship in Cebu, the Philippines. As scheduled, athletes will start … [Read more...]

Ride against trafficking kicks off in Hanoi

For a good cause: Twenty riders from around the world will hop on Minsk and Ural motorbikes to traverse scenic roads to Dien Bien, stopping at places, such as Mu Cang Chai and the Sin Ho Plateau during Rally Indochina 2016. Photo

VietNamNet Bridge – Rally Indochina is Southeast Asia’s largest annual charity motorcycle adventure to raise money for the Blue Dragon Children’s Foundation to combat trafficking of children in Viet Nam. This is the rally’s sixth year and the first time the route will head north from Ha Noi. Twenty riders from around the world will hop on Minsk and Ural motorbikes to traverse scenic roads to Dien Bien, stopping at places, such as Mu Cang Chai and the Sin Ho Plateau. "This motorbike ride is important because it contributes funds to fight against trafficking. It is also a great way for participants to see Viet Nam’s beauty and areas off the normal tourist routes," Glenn Phillips, one of the organisers of the rally, said. Although there is greater awareness of trafficking in Viet Nam, communities which are living in remote areas remain vulnerable to traffickers who take advantage of their poverty. "Every year, we rescue children and young women who … [Read more...]

French dance explores abstraction

Frantic ritual: French dancers from the Compagnie par Terre dance group will perform in HCM City and Ha Noi as part of their Asian tour. Photo courtesy of l’Espace

VietNamNet Bridge – French artists of the Compagnie par Terre dance group will perform in HCM City today and in Ha Noi on Friday, as part of their Asian tour. The artists will perform a dance choreographed by well-known Vietnamese-French hip-hop dancer Anne Nguyen, who has won the Battle of the Year several times. During the dance, for 50 minutes, four dancers engage in a frantic ritual, alternating between forward-facing dance moves and free digression. They transform their respective dance specialities of breakdance, popping and waacking into an abstract vocabulary, establishing their powerful individuality on stage and thrusting themselves into the assigned space in pursuit of territory, alliances and hierarchy. The front of the stage is the rallying point where the dancers come together and devise a warrior dance directed at the audience. The inner workings of this restless "tribe", with all the power struggles that ensue and the search for possible points of harmony, … [Read more...]

Belgo-French duo opens marketplace for Vietnam artisans’ products

The Belgo-French co-founders of, Bernard Seys and Lou Adrien Fabre – Photo: courtesy of Efaisto

VietNamNet Bridge – Belgo-French duo Bernard Seys and Lous Adrien Fabre have initiated an idea to bring bespoke products by Vietnamese artisans directly to customers all over the world via their newly-launched marketplace Coming from different fields of business, the co-founders of Efaisto have the same passion to promote Vietnam where they have been living for three years. Bernard Seys worked on several M&A projects in Vietnam for a large chocolate manufacturer from his home country while Lou-Adrien Fabre, a software engineer, develops wesbites, games and apps. The duo said their story began with a splendid white dress shirt made by a smiley tailor in an alley of HCMC. Beyond the singular experience of wearing bespoke clothes for the first time, it is the direct purchase from its maker that was the trigger. "We have a crush for Vietnam and its fascinating traits. Like many other foreigners living here, we developed a passion for handmade products as our … [Read more...]