06:33 (GMT +7) - Sunday 31/05/2020


Billionaire Mai Vu Minh: An influential investor around the world

Released at: 16:00, 31/05/2019 BUSINESS SPOTLIGHT

Billionaire Mai Vu Minh: An influential investor around the world

Mr. Mai Vu Minh (Photo: VGP)

As Chairman of the SAPA Thale Group, Mr. Mai Vu Minh is considered a great investor, a billionaire with a strong influence on the financial world and governments.

by Thanh Thanh

Great investor

As an investor, Mr. Mai Vu Minh is very much interested in the new generation of startups in Vietnam. In 2017, on Bloomberg Terminal (a computer software system for 350,000 professional users to access the Bloomberg Professional service, news, price quotes, and messaging), it was posted that Vietnamese billionaire Minh had invested $400 million in startups in Vietnam and the world.

He holds many projects and shares in large corporations around the world and is respected by international financiers and global politicians for his sharp strategic thinking and multi-billion-dollar assets.

Chairman of the SAPA Thale Group, in 2013 he began negotiating to acquire a project of the Schunk Group’s WHE Management Building with the German Government. In 2015, Minh officially signed a contract with the chief executive of the Schunk Group, completing the acquisition.

In 2018, he represented the SAPA Thale Group in signing a bilateral investment cooperation agreement with the Dubai Investment Development Agency (Dubai FDI), an agency of Dubai’s Department of Economic Development, and the World Association of Investment Promotion Agencies (WAIPA), to invest in billion-dollar projects between Vietnam and the Middle East.

“Not only large corporations from Dubai and the Middle East but also from Europe, the US, and Japan are cooperating with the SAPA Thale Group to invest in Vietnam,” Mr. Minh added.

In early 2019, accepting an invitation from the Dubai Ministry of Economy and Investment and Dubai FDI, leaders from the SAPA Thale Group, including Mr. Minh, went to Dubai to work with Dubai FDI and leading corporations such as Emirates NBD, DP World, and DIFC on investment cooperation in Vietnam and many other countries around the world.

Activities at government level

Mr. Minh has been widely reported by the media as attending international events such as the World Economic Forum (WEF) and the Asia-Pacific Economic Cooperation Forum (APEC). He has also received praise for contributions and sponsorships of these events, to be successful next to major corporations from the world.

Billionaire Minh has also met and worked with more than 30 global leaders, such as 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 Pablo Kuczynski.

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