Vu Minh Chau: From her son selling boiled snails to the famous "gold tycoon" Ha Thanh

Minh LợiMar 01, 2024 at 17:10

 4  |  1 Discuss  |  Report

Follow on

Mr. Vu Minh Chau - who is known as the General Director of Bao Tin Minh Chau Gold and Gemstone Company, one of 5 gold giants holding the precious gold and silver market in Hanoi.

In addition to Bao Tin Minh Chau, the northern jewelry market also includes Bao Tin Manh Hai, Bao Tin Thanh Van, Bao Tin Hong Quan and Bao Tin Hoang Long.

All 5 "gold tycoons" above are brothers and sisters of a family of 6 children in the Vu family, the children of Mrs. Luong Thi Diem - who laid the first bricks for the famous Bao Tin gold brand throughout the country.

Vu Minh Chau: From her son selling boiled snails to the famous gold tycoon Ha Thanh - Photo 1

Building a "golden property" from boiled snails, sweet potato baskets

Ms. Luong Thi Diem (born in 1936 in Thuong Tin, Hanoi) has tasted the bitterness and hardship of a time when the country was not independent, tha phuong prayed for food, sold baskets to sell mother, daily sold boiled snails, sweet potatoes, tea water ... at the gate of Van Dien market (Thanh Tri, Hanoi); and gradually build up the famous Bao Tin "fortune" as it is today.

Ms. Luong Thi Diem once confided: "At first, sitting at the market gate, the m.oney was idle among the people, people chose to send gold to bring me to trade, then people knew how to bring it to the house to sell. I work faithfully, with a heart, so gradually, many people believe, some people come into the house by selling gold."

Vu Minh Chau: From her son selling boiled snails to the famous gold tycoon Ha Thanh - Photo 2

Her first gold shop that day was called "Bao Tin Gold House", then developed into a business and grew stronger with 5 branches "Bao Tin" of 5 children. In which, Mr. Vu Minh Chau, the eldest son of Ms. Luong Thi Diem, was the first to embark on a gold business career and his Bao Tin Minh Chau brand also grew the strongest compared to the other 4 "branches" of Bao Tin.

The "gold tycoon" originated as a car mechanic

Mr. Vu Minh Chau was born in 1953 in a family of 6 siblings. From the age of 11, he knew how to earn every penny to pay for his school and clothing needs. At the age of 15, after school, he repaired bicycles, went fishing for shrimp, crabs and fish to share the economic burden for his family.

Vu Minh Chau: From her son selling boiled snails to the famous gold tycoon Ha Thanh - Photo 3

In 1971, when he was in grade 9, Mr. Vu Minh Chau enlisted in the army, after 6 years in the military environment, he left the army. He spent 8 years as a worker at the Commercial Transport Company. Before starting his first jeweler's shop, he repaired and restored old cars.

He once shared with the press that because his family only traded gold in the form of changing hands, not making it, he taught himself from jewelers how to make rings. He bought his own tools to practice fighting, from aluminum and copper after g.ambling, getting used to it and then switching to gold. His first gold ring took about 1 month to complete.

Vu Minh Chau: From her son selling boiled snails to the famous gold tycoon Ha Thanh - Photo 4

In 1989, the first Bao Tin Minh Chau business store was established at 29 Tran Nhan Tong, Hanoi. After 6 years, he upgraded from a private enterprise to Bao Tin Minh Chau Gold and Silver Gemstone Co., Ltd.

Up to now, with more than 30 years of development, Bao Tin Minh Chau brand has more than 5 business establishments in Hanoi and many agents spread throughout the North.

The "gold tycoon" does not like to talk about gold or things that are flowery and luxurious

Owning the brand "Bao Tin Minh Chau", Mr. Vu Minh Chau does not talk much about gold. Even expensive jewelry and accessories he didn't wear. He once shared in the Law and Society newspaper: " Although I trade in gold, my point of view is to use jewelry to be elegant, to be luxurious, not to put gold on people to appear noble. As for my life motto, there are few things more valuable than gold, which is health, the value of faith, of the heart."

What he was interested in were the contemplations in life. For him, there are really more precious things in life than gold, especially health and culture, the motto of each person.

Vu Minh Chau: From her son selling boiled snails to the famous gold tycoon Ha Thanh - Photo 5

Starting from the core of the company are the employees who accompany Bao Tin Minh Chau brand, men must be like teachers, women like teachers, hair is naturally black, no dyeing, no curling, no lip tattoos, eyebrow spray. Men do not tattoo, do not cut crab hair, wear bald heads, peculiar styles, break styles; Women must not wear skirts that are too short, not tight pants, late leggings. This is contained in the 14 instructions and company culture orientation prescribed by Mr. Vu Minh Chau and printed solemnly, framed on the wall.

Mr. Vu Minh Chau personally selected fabrics and designed elegant and civilized clothes to order for employees. Sharing about the special culture of the company, he said that Bao Tin Minh Chau wants to build a special culture, which honors traditional values, preserves and promotes the beauty of national identity.

Vu Minh Chau: From her son selling boiled snails to the famous gold tycoon Ha Thanh - Photo 6

Therefore, each member of the company must be beautiful from ethics, character to appearance. The appearance is expressed in the way of dressing, hair, makeup. It must be a pure, reliable natural beauty and especially healthy to be beautiful.

Relatives or families of employees of the company are entitled to special health care, he personally donates supplies, health care food or clean food from all over the region that he buys.

"Doing business or anything must know how to take care of your health and people around you so that they are healthy and happy with you. Life like that is really meaningful", Mr. Vu Minh Chau once said about his life views in Phap Luat newspaper.

Vu Minh Chau: From her son selling boiled snails to the famous gold tycoon Ha Thanh - Photo 7

Did you LIKE this article?
Yes
No

Related topics

Tycoon Thuy Nga: Fakely married Thanh Bach, went out to eat 2.5 million in lucky m.oney for restaurant staff

Keng16:50:10 30/05/2024
For a long time, Thuy Nga has been known as the powerful boss of showbiz overseas. As the person behind a series of famous music shows like Paris by Night, Thuy Nga was quickly mentioned as a successful businessman with a huge fortune.

 2  |  1 Discuss  |  

Ly Nha Ky bought 5 new safes to store diamonds, showing off that she has a special person "backing her"

Đình Như07:26:36 29/05/2024
Ly Nha Ky recently participated in a show by designer Do Long. As soon as she appeared, the Vung Tau-born actress attracted all the attention when wearing a seductive red dress and diamond jewelry worth about 2 billion VND.

 4  |  1 Discuss  |  

William Hieu Nguyen: Close sister-in-law Ha Tang, 23 years old is already Deputy General Director

Thảo Mai17:15:00 03/05/2024
Johnathan Hanh Nguyen is a famous billionaire in Vietnam, known as a brand tycoon with many famous deals. He has 2 children with his second wife, former actor Thuy Tien.

 2  |  1 Discuss  |  

Miss Korea married her father who was more than 26 years old, 7 years in hiding, now publicly fainted

Thảo Mai12:23:08 03/05/2024
In recent days, Korean netizens have been abuzz with the news that former Miss Korea Keum Nana secretly married construction giant Yoon Il Jeong who is more than 26 years old 7 years ago.

 2  |  1 Discuss  |  

Tu Hong: The first rich woman in Vietnam to "break down the city wall" of Hanoi, 3 husbands, no children

Minh Lợi17:36:19 27/04/2024
In addition to the story of rosy cheeks and still not being happy, Vietnam's first female tycoon - Ms. Tu Hong also brings the image of a sharp businesswoman in the marketplace.

 4  |  1 Discuss  |  

"Lonely Gold Mine": Full of gold but no one dares to mine, why?

Minh Lợi17:54:17 22/04/2024
Kupol Gold Mine is known as a lonely gold mine, located in the most remote region in the Northeast (Russia). This is the place with the harshest climate conditions in the world with very low average temperatures.

 3  |  1 Discuss  |  

Tim Cook: Apple CEO went to Vietnam and came out as gay

Thảo Mai17:22:15 15/04/2024
Information about Tim Cook - CEO of Apple, coming to Vietnam received the attention of the country's technology fan community. Tim Cook is expected to work in Vietnam for 2 days.

 4  |  1 Discuss  |  

Husband Do My Linh: The billionaire is a single father, hiding his other half's identity

Minh Lợi16:43:41 15/03/2024
Young master Do Quang Vinh - Do My Linh's husband once surprised the online community when he revealed that he had become the father of two twin babies in 2019. However, the identity of their mother is still kept secret.

 3  |  1 Discuss  |  

Thai Cong "costs" 50 million to eat 1 balut, Doan Di Bang said it was not a waste of m.oney

Minh Lợi10:11:20 17/01/2024
Becoming a social network phenomenon because of selling luxury goods, designer Thai Cong is the hottest name at the moment as he continuously reaches the top of searches. The life around this talented designer also has many interesting and attention-grabbing points.

 7  |  1 Discuss  |  

Thai Cong was accused of cooperating with Doan Di Bang to "herd chickens" and help place fake orders, but immediately denied it

JLO07:27:59 13/01/2024
Recently, designer Thai Cong was one of the hottest names on social networks when the designer opened a livestream booth with a series of hundreds of millions of deals on social networks.

 4  |  1 Discuss  |  

A runner - a compassionate beauty was arrested for "protecting" a truck, profiting nearly 5 billion VND

JLO14:16:04 10/01/2024
According to information in Dan Tri newspaper, the Criminal Police Department of Nghe An Police and Thai Hoa Town Police chaired and coordinated with professional departments and related units to successfully solve the case of protecting trucks, profiting many billions of dong.

 2  |  1 Discuss  |  

Thai Cong sold online, Doan Di Bing closed the order, bought the item everyone was stunned

Bảo Nam15:32:04 08/01/2024
In recent days, TikTok Shop of designer Thai Cong has made people love ... Fall on your back because luxury items of foreign origin are sold at expensive prices. No one would have thought that a vase, tray or stone picker would cost so much in the sky...

 0  |  1 Discuss  |  

lisa comebackalways nomadicBabymonster comebackLouis Pham# babymonsterdream khaChau BuiblackpinkThai actorlisahigh school graduationronaldodaffodilssneak peek