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Update news businessmen
After retirement, many Vietnamese politicians became leaders of corporations or banks.
The enterprise of Doan Nguyen Duc, or Boss Duc as he is known, is still in doubt, though the businessman, once the richest man in Vietnam, has sold many assets to restructure his company.
VietNamNet Bridge - They first came to Vietnam as foreign ambassadors or heads of states, and have now returned to Vietnam as businesspeople.
VietNamNet Bridge – Raising wild animals for fun or profit has become a hobby of wealthy Vietnamese businessmen.
VietNamNet Bridge – Vietnamese CEOs believe that the positions of their chairs and the locations of their offices can determine their business success.
VietNamNet Bridge – Though the real estate market has been cool for a long time with the prices bottoming down, it remains a profitable business which helps a lot of Vietnamese families get rich.
The Vietnam Report’s research team has discovered a relation between the ages and the successes of the CEOs of VNR500 enterprises: the years of buffalo and pig seem to generate high numbers of successful businessmen.
Besides the President of the Lam Son Sugar Company, Le Van Tam, who is 76 years old, the list of the listed companies still shows some other businessmen at the age of over 70.
VietNamNet Bridge – Business owners have been told to increase the workers’ wages in accordance with the roadmap set up by the management agencies. Meanwhile, their wage funds have become scantier in the economic crisis.
Investors once rushed to pour their money into golf courses, believing that this was a gold mine to dig. But they may have changed their mind when seeing 2/3 of the operational golf courses taking loss.
The number of Vietnamese billionaires has been increasing rapidly. Especially, they have been recognized not only in Vietnam, but also in the world.
A lot of Vietnamese billionaires have been found as the ones who have made investments in the homeland after a long period of doing business in East European countries.
Just some months after they were extolled as the next-generation businessmen, the young entrepreneurs born in 1980s have resigned from their posts amid the astonishment.
With the weak resistance and the lack of transparency, the Vietnamese finance market would be shaky on any bad piece of news.
This way or another, staying ambiguous or making public, Vietnamese big businessmen have shown off their colossal fortunes.
Businessmen have become more picky when choosing the first caller for the New Year Day.
VietNamNet Bridge - According to the doctors, the number of mental patients for economic reasons rose highly in 2012, especially at the end of the year. Many patients used to be big bosses and famous businessmen.
The majority of the names listed in the top 30 stock millionaire families have seen their assets increasing despite the economic downturn and the declines of the stock indexes.
Vietnamese businesses had never before faced so many difficulties as in 2012. The stories about the enterprises incurring loss or getting bankrupt were so popular that they did not surprise anyone.