Fish sauce makes Vietnam billionaire’s fortune
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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.
Fish sauce makes Vietnam billionaire’s fortune. (2018, January 25). BusinessWorld, p. S1/9.
Associated contentOnline version
Fish silage; Human food; Fermented products; Investments; Economics; Marketing; 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.; Anjoubault, David; Nguyen, Dang Quang; Ho, Hung Anh; Vu, Xuan Tho; Pham, Nhat Vuong; Nguyen, Thi Phuong Thao
- BusinessWorld 
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