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    Fish sauce makes Vietnam billionaire’s fortune

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    Date
    January 25, 2018
    Author
    Bloomberg
    Metadata
    Show full item record
    Classification code
    BW20180125_S1/9
    Excerpt
    For Vietnamese consumer tycoon Nguyen Dang Quang, placing his fish sauce and other "must-have" condiments in the kitchen shelves of just about every home in the country has helped make him a billionaire. Shares of Masan Group, which produces the sauce made from fermented fish that’s widely used in Vietnamese cuisine, have more than doubled in the past six months, compared with the 37 percent gain in Vietnam’s benchmark VN Index. That lifted the net worth of Quang, the company’s chairman and founder, to $1.2 billion, according to the Bloomberg Billionaires Index.
    Citation
    Fish sauce makes Vietnam billionaire’s fortune. (2018, January 25). BusinessWorld, p. S1/9.
    URI
    http://hdl.handle.net/20.500.12174/3453
    Associated content
    Online version
    Corporate Names
    Plekhanov Russian Economic University National Academy of Sciences of Belarus Masan Group Bloomberg Billionaires Index Kantar Worldpanel Vietnam Sunflower Construction Co. Ministry of Planning and Investment Korea Investment & Securities KKR & Co. Masan Nutri-Science Vingroup Vietjet Aviation Joint Stock Co.
    Personal Names
    Anjoubault, David Nguyen, Dang Quang Ho, Hung Anh Vu, Xuan Tho Pham, Nhat Vuong Nguyen, Thi Phuong Thao
    Geographic Names
    Vietnam
    Subject
    fish silage Human food fermented products Investments economics marketing
    Collections
    • BusinessWorld [841]

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