English Review
“I see the breakthrough in start up mindset of young people in Vietnam“
11:19 AM 2018-11-02
"I saw the breakthrough of Vietnamese youngsters in their startup mindset when they highlighted the need to share market and strategic experiences rather than capital priorities like the older generation." Billionaire Mai Vu Minh said.
"Anonymous" Billionaire
In 2017, Terminal system (the global financial news agency with 350,000 accounts) of Bloomberg posted the news that Billionaire Mai Vu Minh has invested 400 million dollar in Startup market in Vietnam and many countries in the world.
Although he is holding a number of large corporations in countries around the world, being honored by finance and international politics for a sharp strategic thinking and multi-billion dollar assets, billionaire Mai Vu Minh is known as one of the most secretive billionaire in the world. Local and foreign media know very little about him.
It is common for him to appear in clubs dedicated to the billionaire and go alongside top leaders such as Putin, Japanese Prime Minister Shinzo Abe, Prime Minister Justin Trudeau.
In 2017, Prime Minister Nguyen Xuan Phuc and the high-level delegation of the Government of Vietnam, met the overseas representatives Vietnamese community in the Federal Republic of Germany on the occasion of  the official visit to the Federal Republic of Germany. Prime Minister Nguyen Xuan Phuc praised Mr.Minh for his contribution to the Vietnamese community at home and abroad. At the end of the meeting, Mr. Minh has the honor to take a photo with the Prime Minister.
Billionaire Mai Vu Minh and the President of Philippines, Rodrigo Duterte.
At APEC 2017, in the list of sponsors and contributors to the event, name of Billionaire Mai Vu Minh is next to other big corporations in Vietnam and abroad.
He is currently the chairman of the board of the company SAPA Thale in Germany. In 2014, SAPA Thale bought the WHE management building of the Schunk Group - one of the largest engineering corporations in the country.
Billionaire Mai Vu Minh loves the parable of two neighbors who work as woodcutters, who spend their lives lamenting poverty and a man even when the cause of bankruptcy is unexplained, by creating a team of woodcutters to work with, he diligently seek out the market to sell firewood prices higher than his neighbors.
Over the years, the "woodcutter" Mai Vu Minh has been classified in the ranks of the billionaire and has "modeled" his secret of success simply by the principle “3 Pillars”.
Accordingly, success needs 3 foundation pillars including:  knowledge, physical strength and mental strength. Knowledge is the most important point to keep inspiration for an individual, but to become a caliber manager, training the mind is the most priority thing.
"For a long time, most of my important business decisions are based on this," Minh pointed to his left chest. "Even on a global scale, entrepreneurship is more about the mind than the talent. Because, to behave with a cup of rice, to whom, with whom to eat, what entrepreneurs must first master their mind, "he said.
Billionaire Mai Vu Minh: a home – country oriented person
Although the business environment in Vietnam still has many difficulties, he gradually expressed his enthusiasm with his homeland with practical work such as giving scholarships to students, disadvantaged students, joining in the sponsorship of domestic and foreign programs and events organized by Vietnam. Mr. Minh wanted to invest and contribute as much as he can to the construction of his homeland.
In a talk with Vietnamese policymakers, billionaire Mai Vu Minh affirmed that the fastest way to bring Vietnamese brands to the international markets is having " breakthrough in technological innovation ".
Obviously, more than 20% of the super-rich in the top 100 richest people in the world come from Asia show the vast opportunity of free start-ups. For startups, the idea and direction is the most important thing.