VietNamNet Bridge - Tan Hiep Phat, an energy drink manufacturer, is believed to be a ver attractive company to investors, despite its notorious fly-in-a-bottle scandal. Though there have been no updated reports about the ranking of drink manufacturers, analysts say manufacturers can be classified into two groups. The first group comprises leading companies – Suntory, PepsiCo, Tan Hiep Phat and Coca-Cola, while the second includes URC, Interfood-Kirin Wonderfarm, Tribeco, Lavie, Red Bull, Chuong Duong and Tan Quang Minh-Bidrico. The direct rivals of Tan Hiep Phat in making energy drink and tea products are Suntory Pepsi-Co, Coca-Cola and URC, and all three are powerful international conglomerates. Suntory Pepsi-Co, Tan Hiep Phat and Coca-Cola in the first group have been running after each other very closely. Though there have been no updated reports about the ranking of drink manufacturers, analysts say manufacturers can be classified into two groups. When Tan Hiep Phat … [Read more...] about Who wants to buy drink manufacturer Tan Hiep Phat?
Tan hiep phat group
VietNamNet Bridge - The owner of Tan Hiep Phat, one of the largest privately run conglomerates, could be the second Vietnamese dollar billionaire, according to the Wall Street Journal (WSJ). After Vingroup’s president Pham Nhat Vuong was added on Forbes’ list of the world’s billionaires and became the first Vietnamese dollar billionaire, many other names have been cited by prestigious financial institutions as the candidates for the second position. Bloomberg some days ago named Nguyen Thi Phuong Thao, the owner of Vietjet Air, a private air carrier for the position. Meanwhile, WSJ has mentioned the owner of Tan Hiep Phat. The journal reported that Tan Hiep Phat plans to sell stakes to foreign investors to raise the company’s capital to $2 billion. The figure has made people think that Tan Hiep Phat is now valued at $1 billion at least. And if so, Tran Quy Thanh and his family members, who now hold 100 percent of Tan Hiep Phat, will deserve to become the … [Read more...] about Tan Hiep Phat’s boss may be VN’s second USD billionaire
The questionable quality of the bottled drink products of Tan Hiep Phat Group overshadowed a press conference chaired by the Ministry of Health on Tuesday, prompting the country’s food safety watchdog to reassure the public that they had begun looking into the issue. jail for seven years for attempting to "blackmail" the company after finding a fly inside a bottle of energy drink made by the firm. The drink maker, headquartered in the southern province of Binh Duong, is the producer of Number 1 energy drink, Zero Degree green tea, Soya soy milk, and Dr Thanh herbal tea. Many other cases in which Tan Hiep Phat products were also found to contain strange objects have been reported in recent days, especially in the southern province of Ca Mau, where more than 100 Dr Thanh bottles are reportedly contaminated with ‘dregs.' "The Ca Mau food safety watchdog has been tasked with carefully examining these products," Nguyen Thanh Phong, head of the Vietnam Food … [Read more...] about Vietnam health ministry probes Tan Hiep Phat drinks company amid boycott
Info Bytes (21-11-2009) Chinese Group to provide 3G equipment HA NOI — China's Huawei Group and Viet Nam's EVN Telecommunications Co (EVNTelecom) on Wednesday signed a contract for the provision of equipment and solutions to build a 3G network. Before EVNTelecom officially launches its 3G services on April 30 next year, the company wants to establish its network infrastructure with 2,500 base transceiver stations (BTS/Node B) covering 46 per cent of the population in the first phase of the project. EVNTelecom received a licence to provide 3G services from the Ministry of Information and Communications in April this year. VinaPhone partners on new mobile 3G service HA NOI — Mobile service provider VinaPhone has partnered Viet Nam HP Co and Cable and Network Materials Joint Stock Co to launch a new mobile 3G service - SIM 3G integrated into HP notebook computers. HP integrated notebooks, including HP Mini 110, HP Mini 5101, HP ProBook 4310s, HP ProBook 4510s, and HP … [Read more...] about Chinese Group to provide 3G equipment
VietNamNet Bridge - Though the family run business model remains controversial, the influences of the famous family run conglomerates to the national economy in the past and at present are undeniable. In early 20th century, Trinh Van Bo and his wife Hoang Thi Minh Ho successfully developed the family's heritages and became one of the richest families at that time. They were known as the owners of the Phuc Loi cloth shop in Hanoi which specialized in wholesaling silk and cloths to the whole area of Indochina. The family has been famous in the Vietnamese history not only for the richness, but also for its great contribution to the revolution. Ho's family then donated 5,000 taels of gold, or 90 percent of their assets in 1945, when the national treasury got exhausted. Tran Thi Huong, also listed among the first generation of Vietnamese businessmen, and her family members have set up some powerful businesses, including Hoan Cau Company, capitalized at VND6 trillion, known as the … [Read more...] about The most famous family run economic groups in Vietnam