Businessmen Tran Ba Duong

Tran Ba ​​Duong was born on April 1, 1960 in Hue city, Thua Thien - Hue province and grew up in Da Lat. He was born into a family of 7 siblings. In 1982, he graduated in mechanical engineering from Ho Chi Minh University of Technology. He married her Vien Dieu Hoa and has 3 children including: Tran Vien Ngoc Tran, Tran Vien Ngoc Oanh, Tran Ba ​​Truong Hai. Tran Ba Duong is the founder and also the Chairman Board of Directors of Automobile Joint Stock Company Truong Hai (THACO) in 1997. In addition, he is also known as the General Director of the First Joint Stock Company Dai Quang Minh real estate investment.

As updated on March 12, 2020, billions' assets Ba Duong is worth 1.5 billion USD. He is ranked 3rd on the list of the richest person in Vietnam by Forbes magazine, just behind billionaire Pham Nhat Vuong and Nguyen Thi Phuong Thao.

Tran Ba ​​Duong is the first person in Vietnam to produce touring car. From the KIA, THACO, Kinglong, ..., he has brought Truong Hai to become The first private enterprise with 100% domestic capital manufacturing and assembling passenger cars calendar. He is one of the people who have made great contributions to the automobile industry Vietnam reaches out to the world. The establishment of THACO Truong Hai as a landmark in promoting the development of automobile manufacturing and assembly technology.

Billionaire Tran Ba ​​Duong has achieved many remarkable achievements graves like:

- Outstanding Vietnamese Entrepreneur Award for 5 consecutive years 2008 – 2013

- Certificate of Merit from the Prime Minister on Operational achievements Vietnam Young Entrepreneurs Movement from 2008 to 2013

- Government's excellent emulation flag in 2013

- Vietnamnet Newspaper's 50 pioneers poll award

- Second Class Labor Medal

Because of the large family of brothers, the childhood of billionaire Tran Ba ​​Duong was extremely hard and miserable. Therefore, he always wished he could try his best to give his family a fuller and better life from an early age. He went to work early so that he could support himself.

In 1983 – 1987, Tran Ba ​​Duong worked as a technician at an automobile overhaul factory repair workshop Dong Nai. Initially, he was only assigned the job of dredging beef. Then, with his efforts, hard work and accumulation of knowledge, he launched the project "Converting the right steering wheel" and was accepted by the Ministry of Transport. Therefore, the company assigned him to manage the mobile repair team and do contract work.

In 1997, Mr. Duong established his own auto repair workshop and established the Joint Stock Company. Truong Hai car. Initially, the company mainly engaged in the import of used cars, refurbished them and then launched them into the market.

Besides, Truong Hai company also provided all kinds of car spare parts. necessary for the user. In 2000, Mr. Duong continued to open a workshop to assemble light trucks with the brand KIA.