Tag: infrastructure development

As of the Bloomberg Billionaires Index, Dhanin and his family's wealth stands at an impressive $44.1 billion. This remarkable fortune places them at a global ranking of 19th and a prestigious second place in Asia, just behind India's Ambani clan.

Introducing THACO's bold proposal: Over a 7-year period, they undertake to arrange an impressive 159,120 billion VND, equating to approximately $6.26 billion. This averages an annual commitment of 22,730 billion VND, or $860.8 million to over $1 billion. A substantial undertaking, and a testament to THACO's capabilities and ambition.

"Mr. Tran Dinh Long, Chairman of Hoa Phat Group, has proposed that all public investment projects, such as highways, should have a minimum of 70% domestic content. This bold suggestion highlights the potential for local manufacturing and the opportunity to reduce reliance on imports. With a strong belief in the capabilities of Vietnamese industries, Mr. Long envisions a future where local products take center stage in national development, paving the way for economic growth and a more resilient Vietnam."