The Collection of ‘Vietnamese Luxury Goods’ Worth Nearly Ten Billion Dollars in the Hands of the Third Richest Thai

Thai billionaire Charoen Sirivadhanabhakdi has increased his investment in Vietnam by purchasing shares in Vinamilk worth over 6 trillion VND, raising his stake to about 25%. Vinamilk has returned approximately 16.5 trillion VND in dividends to F&N, Charoen’s subsidiary. He has previously invested nearly 5 billion USD in Sabeco and 710 million USD in Metro Cash & Carry. His portfolio extends beyond manufacturing into real estate and distribution. Through Frasers Property Vietnam, he is driving industrial real estate projects in the North and owns many assets in the South, including Me Linh Point Tower and Melia Hanoi Hotel.