Pham Nhat Vuong correctly predicted the unstable situation of Russia and Ukraine, making the right decision to return home

Having established a successful career in Ukraine, in 2016, billionaire Pham Nhat Vuong gave the correct advice when Viettel telecommunications group wanted to expand here.

The conflict between Russia and Ukraine is a h.ot topic of concern around the world. The special military operation will leave many serious economic and human consequences if the s.hooting continues. Especially since on February 24, Russian President Vladimir Putin announced the opening of a special military operation in Donbass, eastern Ukraine and called on Ukrainian troops in the region to lay down their arms, further increasing tensions. escalating in Ukraine.

Recently, on Vietnamese social forums. Netizen suddenly shared the statement of billionaire Pham Nhat Vuong at a talk show 6 years ago. Netizens expressed admiration when this giant's strategic vision and political analysis were completely correct. Accordingly, when the representative of the Military Industry and Telecommunications Group (Viettel) raised a question. Whether to invest at least billions of dollars to exploit the telecommunications network in Ukraine, Pham Nhat Vuong immediately made the following strong arguments.

"If to be honest, I don't think we should invest in Ukraine because of several points:

- Firstly, they are getting into a state that they can never get out of, unless they turn to Russia now, but if they keep leaning towards the EU, Russia will never leave them alone. But if you completely turn to Russia, you will have to wait for another life. In short, the current situation of Ukraine is very complicated.

- Secondly, because Ukraine is close to Russia and speaks Russian, so Russian businesses will have an advantage over me, then I'm tired of fighting with it, but I don't understand the territory and of the country. If that area is equal to Russia, then I'm at a disadvantage against them."

Below the clip, many accounts think that this is a sober move of Viettel Group because to build and develop in the international market is not overnight. If falling into a political conflict like the present, the risk of harm is inevitable. Until today, when the war situation in Ukraine occurred, people only partially understood the reason why he was determined to return to his homeland as well as his sharing about the current situation of Ukraine is complete. totally correct.

Mr. Pham Nhat Vuong was born in 1968, originally from Ha Tinh, but was born and raised in Hanoi. Pham Nhat Vuong had a childhood that was not like his peers when he was born in a difficult period of subsidy. He lives in a large family, his father is a soldier. The poor life f.orced his mother to sell more tea shops to have more m.oney to pay for and feed the children. When he got high marks in the Hanoi University of Mining and Geology, thanks to his excellent achievements in mathematics, Mr. Vuong won a scholarship to study abroad. In 1987, he was chosen to study abroad in Moscow. There, he majored in economics and geology. In 1993, he graduated from the Moscow Institute of Geology.

He started his business by opening a restaurant at home No. 5, Aminevskoe highway, where many Vietnamese lived in the 1990s. After his marriage, he moved to Kharkov city, continued to borrow $10,000 and went to Kiev, open another restaurant named after Vietnam Thang Long.

On August 8, 1993, he established the Mivina brand and started producing instant noodles after borrowing 10,000 USD from his Vietnamese friends at the interest rate of 8\%/month and continuing to borrow from the European Bank. with an interest rate of 12\% to expand production to other products such as packaged dried herbs, potato powder, soup, ...

The appearance of noodles "Mivina" in 1995 was very timely, so it quickly became popular in Ukraine. Within a year, Pham Nhat Vuong sold 1 million packages of noodles. By 2004, the consumption of Mivina noodles in Ukraine reached a record high, 97\% of consumers used this product.

The brand Mivina later became the collective name for all fast food in Ukraine. Raw materials for noodle production are imported from Vietnam and Taiwan.

On August 19, 2015, Russian business news site Fastsalttimes published an article titled "Journey from instant noodles and screwdrivers in pocket to the richest man in Vietnam" praising the richest billionaire. Vietnam Pham Nhat Vuong, the first Vietnamese person to enter the list of world billionaires voted by Forbes, and also in the top 20 outstanding new faces of Forbes in 2013.

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