VietNamNet Bridge – The question remains unanswered. In Vietnam, the income of a person not only comes from official sources or salaries, but from other sources as well. The information that Doan Nguyen Duc, President of Hoang Anh Gia Lai, one of the 10 Vietnamese richest stock millionaires, received 3 billion dong in 2011 for the post of president of the group has become a hot topic for discussions. The incomes companies’ CEO and presidents receive turn out to be more huge than people could imagine. Deputy General Director of Hoang Anh Gia Lai Group Vo Truong Son has revealed that the labor contract Hoang Anh Gia Lai signed with Duc, stipulates that Duc receives the monthly pay of 240 million dong a month, which means that the total annual pay to the “big guy” reaches 2.88 billion dong. Duc said that he is satisfied with the sum of money, but he “does not care much about the source of income.” Managers of many other big … [Read more...] about How much Vietnamese bosses and CEO’s earn?
VietNamNet Bridge - The last trading session of 2012 will take place in the next two months but the current statistics are enough to show that Chairman of Hoang Anh Gia Lai Group (HAGL), Mr. Doan Nguyen Duc, will likely be the one whose assets increased at the highest level on the stock market in 2012, with more than VND1 trillion ($50 million). HAGL Chair Doan Nguyen Duc. According VnExpress.net and its data provider – VNDirect, by November 1, 100 people who are considered to have their assets increasing at the highest level on the stock market in 2012 accumulated more than VND7.2 trillion ($360 million) from shares. In a difficult year for the stock market, many individuals (most of them are business owners) purchased additional shares. However, the main reason for the growth of their stock assets is the strong appreciation of their shares, compared to the common bleak situation. The most obvious example is the one who ranks first in the list: Chairman … [Read more...] about HAGL boss earns most money on the stock market 2012
VietNamNet Bridge - Nikkei Asian Review recently selected the Top 100 largest enterprises in ASEAN, including five Vietnamese companies. Who are the bosses of these firms? The five Vietnamese representatives are the Commercial Bank for Foreign Trade of Vietnam (Vietcombank), FPT, PetroVietnam Gas, Vietnam Dairy Products (Vinamilk), and Vingroup. The companies were selected from six major ASEAN countries based on such factors as market capitalization and growth potential. ASEAN is a 10-member bloc comprised of Southeast Asian countries, Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Cambodia, Laos, Myanmar, and Vietnam. Founded on September 13, 1988 and headquartered in Hanoi, FPT Corp. provides information, technology, and telecommunications products and services. FPT’s market capitalization is $789.58 million, according to data updated on November 21 by Nikkei Asian Review. The company posted $1.28 billion in revenue and a $263.38 million gross profit in … [Read more...] about Bosses of five Vietnamese enterprises among Top 100 Asean Enterprises
VietNamNet Bridge – The boss of Recapital Group boss has lost at least $6 million in the investment deal in Ninh Van Bay. Billionaire Rosan P. Roeslani, Chairman of Recapital Group. The revenue of Ninh Van Bay real estate company in 2015 dropped by nearly 30% to VND148 billion over the same period. The company recorded a loss after tax of VND81 billion. Its total assets decreased by over VND60 billion to VND1,376 billion. It has to pay a debt of VND471 billion to the largest creditor - Techcombank. In late 2014, Ninh Van Bay pledged assets including ongoing projects to issue 230 million bonds at the price of VND7,500 for Tecombank. Earlier, in 2012, Techcombank Capital, a subsidiary of Techcombank, also owned a 6.6% stake in Ninh Van Bay. Along with business failure, its share prices also fell to only VND2,700. Among the investors of Ninh Van Bay, the one that gets largest losses is billionaire Rosan P. Roeslani, Chairman of Recapital Group, the boss of International … [Read more...] about Inter Milan boss incurs loss of over $6 million in Ninh Van Bay deal
VietNamNet Bridge – Nguyen Thi Tuyet Lan has signed a deal with New York-based Wilhelmina Models which should be a great platform for her to develop her international modeling career. (From L-R) Hoang Thi Thuy, Coco Rocha and Nguyen Thi Tuyet Lan in New York. - Photo: Courtesy of organizers Lan, who was Vietnam’s Next Top Model (VNTM) 2010 runner-up and winner of Asian Model Search 2011 in Singapore, is in Vietnam to prepare for her working visa for the U.S. and immigration visa for Europe. These are important steps for the 22-year-old if she is to parade at catwalks in Milan, Paris, London and New York. Lan, who is 1.76 meters tall and has vital statistics of 82-63-90, will be a new face at Wilhelmina Models which is home to some of the world’s hottest models like Wang Xiao, Coco Rocha, Zhao Lei and Clement Chabernaud. During a spell in New York, Lan and Hoang Thi Thuy, winner of VNTM 2011, joined fashion shows by Zang Toi and Adrien Alicea. … [Read more...] about Nguyen Thi Tuyet Lan nets Wilhelmina Models deal