Vietnamese American billionaire returns home

March 28, 2007

08:10′ 28/03/2007 (GMT+7)

Soạn: HA 1066979 gi đến 996 để nhn ảnh này
Trung Dung.

VietNamNet Bridge – He wears a blue T-shirt, white pants, no tie, speaks gently and simply – that’s a sketch of 40-year-old Vietnamese American billionaire Trung Dung.


Trung Dung and Vietnam dream


Nearly two years ago, Trung Dung returned to Vietnam for the first time in over 20 years with a poor Vietnamese vocabulary. Speaking several sentences in Vietnamese, he had to use some sentences in English. Now his Vietnamese vocabulary is quite abundant and he can talk in Vietnamese completely.


The General Director of V-Home group, the common house of many overseas Vietnamese businessmen in the US, said: “The establishment of V-Home is the answer for our return to Vietnam to directly contribute to the country.”


Dung established V-Home group in 2005 to seek business opportunities in Vietnam and V-Home, according to Dung, means ‘returning home’.


With advantages in information technology, V-Home group is promoting projects to build trade centres in Vietnam and a financial cooperation project with a reputed local bank.


“I’m surveying the market. Vietnam’s potential to develop IT is very large,” Trung Dung said.


A simple billionaire


Seeing Trung Dung, nobody would think that he became a billionaire at the age of 33 and was praised by US newspapers as a legend of success among young businessmen.


Earning $1.8 billion by selling OnDisplay to Vignette Corporation, Trung Dung continued to invest in Fogbreak Solutions Company, which specialised in applications to optimise the production capacities of production lines.


In 2005, he established V-Home Group to seek business opportunities in Vietnam. Members of  the V-Home group board of directors are successful Vietnamese American businessmen.


Returning to Vietnam this time, Trung Dung has had chance to work with young people who were born in the 1980s.


“I have a high regard for Vietnam’s young people because of their intelligence, broad knowledge and self confidence,” he said.


Trung Dung has just received the title Vietnam’s Glory from VietNamNet online newspaper and he is now a member of the Board of Directors of the Vietnam Education Fund (VEF).


(Source: Tien Phong)

One Response to “Vietnamese American billionaire returns home”

  1. This is the perfect blog for anyone who wants to know about this topic. You know so much its almost hard to argue with you (not that I really would want…HaHa). You definitely put a new spin on a subject thats been written about for years.

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