by Ekrem Duman | Sep 13, 2026 | Startup, Vietnam Company Stories, Vietnam Founders & Conglomerates
⚡ TL;DRVietnam’s economy is run by three groups that rarely appear on the same chart: state enterprises that control energy, telecoms and the big banks; private conglomerates that dominate property, cars, retail and software; and foreign investors that produce...
by Ekrem Duman | Sep 13, 2026 | Startup, Vietnam Company Stories, Vietnam Founders & Conglomerates
⚡ TL;DRTrương Gia Bình was a Moscow-trained physicist who founded FPT in 1988 with twelve fellow scientists and a mandate to earn hard currency for a research institute. The company began by bartering computers and food with the Soviet Union, became Vietnam’s...
by Ekrem Duman | Sep 13, 2026 | Startup, Vietnam Company Stories, Vietnam Founders & Conglomerates
⚡ TL;DRTrần Bá Dương started as a mechanic in a state vehicle-repair plant and built Thaco into Vietnam’s largest private industrial group. From a truck workshop founded in 1997, he moved to the empty Chu Lai economic zone in 2003 and turned it into a complex of...
by Ekrem Duman | Sep 13, 2026 | Startup, Vietnam Company Stories, Vietnam Founders & Conglomerates
⚡ TL;DRNguyễn Thị Phương Thảo built Vietnam’s largest domestic airline and one of its biggest private banks from a trading fortune made in Moscow before she was twenty-five. Vietjet, launched in 2011, overtook the flag carrier on domestic routes within six years...
by Ekrem Duman | Sep 13, 2026 | Startup, Vietnam Company Stories, Vietnam Founders & Conglomerates
⚡ TL;DRPhạm Nhật Vượng built Vietnam’s largest private conglomerate out of a noodle factory in Ukraine, a resort island in Nha Trang and a shopping tower in Hanoi. Vingroup, the group he controls, has moved through resorts, malls, apartments, hospitals, schools,...
