Vietnamese dollar billionaire Pham Nhat Vuong Vuong’s total assets are three times higher than the second richest billionaire Nguyen Thi Phuong Thao, chair of Vietjet Air, who has $2.5 billion. From early March, when Forbes released the list of the world’s billionaires, to early August, Vuong’s total asset value increased by $1.5billion. This is attributed to the continued price increase of VIC shares of Vingroup where Vuong holds 26.18 percent of shares. VIC market share price has increased by 10 percent compared with March. Unlike these two businesspeople, Ho Hung Anh, chair of Techcombank, has seen his assets decrease by $200 million in value because of the price decrease of TCB shares. Since March, TCB price has decreased by 25 percent. Meanwhile, the stock assets of Tran Ba Duong, chair of Truong Hai Automobile (Thaco) and Nguyen Dang Quang, chair of Masan Group, remain stable. The two billionaires have $1.7 billion and $1.3 billion, respectively, worth of … [Read more...] about How rich are Vietnamese dollar billionaires?
Britains rich list 2018
The newcomer is Ho Hung Anh, chairman of the Vietnam Technological & Commercial Joint-Stock Bank, or Techcombank. He made to the list with a net worth of $1.7 billion, ranked 1,349th in the world. Hung Anh started out by trading goods between Eastern Europe and Vietnam in the 1990s and invested in Techcombank in 1995. Last year it was the second highest bank in terms of after tax profits of VND8.46 trillion ($363.48 million), behind Vietcombank. Nguyen Dang Quang, chairman and founder of private food producer Masan Group, also made to the billionaire list for the first time this year. Nguyen Dang Quang (L) and Ho Hung Anh enter 2019 Forbes rich list for the first time. Photo (L) courtesy of Forbes Vietnam and (R) acquired by VnExpress. With a net worth of $1.3 billion, he was ranked the 1,717th richest person in the world. Quang founded Masan in 2004. The company now is a major producer of fish sauce and packaged food. It also owns more than a third of Techcombank. … [Read more...] about Vietnam billionaire count rises to 5 on Forbes list
Viet Nam News By Ollie Arci Nearly three years ago, I voted for Britain to remain in the European Union. Since then I’ve watched from the other side of the world as my country implodes. We are now hurtling towards the infamous March deadline, at which point the United Kingdom leaves the bloc, with or without a deal in place. There are currently no reasonable solutions in sight that would result in the soft, hard, scrambled or Norwegian-style omelette varying factions are campaigning for. The British Isles, it seems, are coming apart at the seams. In a fit of delusion, drunk on the promise of an unobtainable fantasy peddled by political elites hungry for their next career move, Britain, once the envy of the world, has turned its back on everyone else. Or more accurately, just over half of Britain decided to cut its moorings to the rest of the continent. By all expert accounts (even though we’ve apparently had enough of them), the resulting nation would be withered … [Read more...] about Watching Brexit break Britain from afar
Britain agrees Brexit divorce deal with EU, May's opponents vow to thwart it An anti-Brexit demonstrator holds placards opposite the Houses of Parliament, in London, Britain, November 13, 2018 – PHOTO: REUTERS LONDON (REUTERS) - Britain struck a draft divorce deal with the European Union after more than a year of talks, thrusting Prime Minister Theresa May into a perilous battle over Brexit that could shape her country’s prosperity for generations to come. While Brussels choreographs the first withdrawal of a sovereign state from the EU, May, a far from secure leader hemmed in by opponents in government and her own Conservative party, must now try to get the deal approved by her cabinet and, in the toughest test of all, by parliament. Brexiteers in May’s party accused her of surrendering to the EU and said they would vote the deal down while the Northern Irish party which props up her minority government questioned whether she would be able to get … [Read more...] about Britain agrees Brexit divorce deal with EU, May’s opponents vow to thwart it
Modric, Marta win Best FIFA player 2018 awardsThe Saigon Times Daily Luka Modric and Marta pose with their awards at Royal Festival Hall, London, Britain September 24, 2018 – PHOTO: REUTERS LONDON (REUTERS) - Real Madrid’s Croatia midfielder Luka Modric was named Best FIFA Men’s Player of the Year for 2018, while Orlando Pride’s Brazil forward Marta won the women’s award at a ceremony on Monday. Modric won the Champions League with Real and then played a major role in Croatia’s run to the World Cup final where they were beaten by France. “This award is not just mine. It is my team mates’ from Real Madrid and Croatia. Without my coaches, I would not have won this and without my family I would not be the player I am today,” said 33-year-old Modric. It is the first time since Brazilian Kaka’s triumph in 2007 that the men’s prize was not won by either Cristiano Ronaldo or Barcelona’s Argentina forward Lionel … [Read more...] about Modric, Marta win Best FIFA player 2018 awards