Tham is likely to be named the second dollar billionaire in Vietnam

Tham is one of the top 10 richest people on Vietnam's stock market. After six years of establishment, Ocean Group has chartered capital of VND3 trillion, an increase of 300 times. A series of mergers and acquisitions have helped the Ocean Group to rapidly emerge as a leading conglomerate.

Tham is also Chairman of the Ocean Bank, Chairman of Ocean Hospitality, Chairman of Ocean Retail, a former member of the Board of Directors of the Vietnam Dairy Products Joint Stock Company (Vinamilk) and the VS Industry Vietnam.

Currently, the Ocean Group operates in various fields, from real estate to hospitality, finance and communications. In particular, real estate has been identified as the group’s strategic business with huge projects in Hanoi, Ho Chi Minh City, Nha Trang, Da Nang, Vinh, and Quang Ninh. Some well-known projects are VNT Tower Nguyen Trai, StarCity Le Van Luong, and StarCity Center.

In the field of hotel business, the group has Ocean Hospitality (with chartered capital of VND1 trillion), which owns the hotel and resort chain StarCity, and Sunrise of 4- and 5-star standard.

In the financial sector, the group has Ocean Securities with a charter capital of VND300 billion, and the Ocean Bank. In the media sector, it has the Ocean Media.

Currently, Ocean Group holds 20% stake in Ocean Bank, 75% of the shares of Ocean Hospitality, 75% stake of Ocean Securities and 50% stake of Ocean Media.

Ocean Hospitality owns 96.92% stake in Saigon Givral, 74% of the shares of IOC, 62% stake in Tan Viet JSC, 83% shares of Suoi Mo Tourism JSC. It and owns the most famous ice cream brand in Vietnam - Trang Tien.

( vietnam business times - people )