International press hails Viet Nam-origin billionaire

Friday, May 31, 2019 21:00

Vietnam-origin billionaire Mai Vu Minh

International Business Times recently carried an article about a billionaire of Vietnamese origin, Mai Vu Minh, who is the chairman of SAPA Thale Group in Germany.

He is considered an investor with a great influence on the financial world and governments. As an investor, billionaire Minh is interested in start-ups in Vietnam. In 2017 on the Bloomberg terminal (a computer software system used by 350,000 professionals to access the Bloomberg professional service, news, price quotes, and messaging), it was posted that Minh has invested US$400 million in start-ups in Vietnam and other markets.

He owns many projects and shares in large companies in many countries around the world and is respected by international finance and political bigwigs for his strategic thinking and wealth running into the billions.

In 2013 Minh negotiated with the German government to acquire the Schunk Group's WHE Management Building project. In 2015 he signed a contract with the chief executive of the Schunk Group, completing the acquisition.

In 2018 Minh represented SAPA Thale Group to sign a bilateral investment deal with the Dubai Investment Development Agency (DUBAI FDI) and the World Association of Investment Promotion Agencies to invest in billion-dollar projects in Vietnam and the Middle East.

“Not only Dubai and the Middle East, but also large corporations in Europe, the US and Japan collaborate with SAPA Thale group to invest in Vietnam," he said .

In early 2019, accepting the invitation of the Dubai Ministry of Economy and Investment and Dubai Investment Development Agency (Dubai FDI), a Government agency, SAPA Thale Group executives including Minh went to Dubai to discuss with Dubai FDI and leading corporations such as Emirates NBD, DP World and DIFC investment in Vietnam and other countries.

Activities at government level

The media often reports Minh as attending international events such as the World Economic Forum (WEF) and Asia-Pacific Economic Cooperation (APEC) Forum.

He is in the list of praises for contributions and sponsorships of these events to be successful, besides major corporations in the world.

Minh has met and worked with more than 30 top global leaders including Japanese Prime Minister Shinzo Abe, Canadian Prime Minister Justin Trudeau, Russian President Vladimir Putin, US President Donald Trump, Chinese President Xi Jinping, Philippine President Rodrigo Duterte, Mexico President Enrique Peña Nieto, New Zealand prime minister Jacinda Ardern, and Peruvian President Pedro Pablo Kuczynski Godard.— VNS

International Business Times is a global digital news publication specializing in business, economic, political, and technology news and analyses and has a readership of around 55 million people for its seven editions and in four languages.


Comments (0)