“I want to do something meaningful for my country”

(VLR) (Vietnam Logistics Review) Luu Ba Hop is a successful business who has had 30 years studying and working in the U.S. Despite of having a stable successful life in the U.S, he always wishes to take part in the development of his beloved country- Vietnam. He decided to come back to Vietnam and to cooperate with Deo Ca J.S Co., to develop transport infrastructures. VLR had a chance to talk with him about his wish “I want to do something meaningful for my country.”
(Vietnam Logistics Review) Luu Ba Hop is a successful business who has had 30 years studying and working in the U.S. Despite of having a stable successful life in the U.S, he always wishes to take part in the development of his beloved country- Vietnam. He decided to come back to Vietnam and to cooperate with Deo Ca J.S Co., to develop transport infrastructures. VLR had a chance to talk with him about his wish “I want to do something meaningful for my country.”

Good morning, Mr. Hop. Can you tell us something about yourself and what makes you come back to Vietnam for investments?


Luu Ba Hop: I left Vietnam for the U.S with my family in 1991, when I was at the first year of a university. I was eager to find a new horizon for opportunities of learning and living. In the States, I studied electronics at a state-owned university in California (Cal Poly Pomona), then I did M.S in Electrics in the University of Southern California (USC). I was working for IBM until the beginning of 2017, then I did MBA in USC with major in Financial Investment. After 25 year of living and working in the States, despite of having a stable life, I have always had a feeling it is not my own country and I have another homeland that I wish to come back to. I can divide my life in 3 stages: the first stage of 20 years for studying and for taking care of my parents; the second stage of the next 20 years, I started doing business to develop myself; the next 20 years, I would like to return to my homeland and to do something meaningful for it”.


Have you invested in Vietnam or is it the first time? And why did you choose Deo Ca J.S Co., not another one? Do you think it is a suitable and efficient choice?


Luu Ba Hop: I just started investing in Vietnam. And why did I choose Deo Ca? On categories to consider, I found Deo Ca Co., having attractive factors to contribute capital, especially in terms of human resource, financial strength and competition ability. Deo Ca has a board of consultancy with those with expertise in economy, law and in various fields. And much more important, it is their wish to contribute to the development of the organization, of the enterprise. Key staff members are well trained from countries of Germany, Holland, Japan, and Japan… many of them have had experience through projects as Hai Van Road Tunnel, Deo Ca, Cu Mong and Bac Giang- Lang Son Expressway…

And what impressed me is that the enterprise is cooperating with well-known universities in the States to promote the training of skilled human resources as California State Polytechnic University Pomona, California State University Fullerton, University of California Irvine, and Seattle University. I myself took part in discussions with Cal Poly to design training programs for key member of the enterprise.

With works as Deo Ca Road Tunnel- one of five works called Typical Works of National Level to Celebrate 60 years of the Vietnam Construction Sector, Deo Ca Co., has had a reputation equally to global ones in the field of construction in term of building a large infrastructure work requiring high technology.

With the prestige, Deo Ca Co., has been trusted by many investors and has been assigned by the Government and the Ministry of Transport to carry out Tam Quan- Huu Nghi (Lang Son) Expressway with the capital contribution of 30% surpassing the owner’s capital (20% over requirements) and total investment currently is over USD 2bn.


Your investments to Deo Ca J.S Co., is to carry out the project of Chi Lang- Huu Nghi Expressway. After that, do you still have intention to invest in other projects?


Luu Ba Hop: Of course. I was attracted by Deo Ca Co.,’s strategic vision: they have had a distance vision for generations afterward. I would like my next generations to keep up with my current work: bringing Western modernity to cooperate with what is carried out here. I am quite happy to do that.

I would like to reveal that we founded a company called Deo Ca USA in the States, together with the partner Deo Ca Co., to mobilize human, financial, technology resources, contributing to developing markets abroad. We are mobilizing capitals from friends in the State to invest in Deo Ca Co., In addition, we are building training plans to improve human resource of strategic levels, which is necessary to the organization’s stable developments.


How do you think about Vietnam transport infrastructure? What policies are needed to attract investments, especially foreign investments to Vietnam?


Luu Ba Hop: Every time coming back to Vietnam, I found transport system has been getting better off. However, the current growth has not met social requirements. Overload and congestions will happen in the not too distance future. To encourage investors, the Government of Vietnam should have a flexible transparent and stable policy for both local and foreign investors, so that they feel confident to invest in the country contributions.

Thank you!

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Tối 22/5/2019, Thư viện Khoa học tổng hợp Đà Nẵng phối hợp với Hội Doanh nhân trẻ TP. Đà Nẵng đã tổ chức Phiên chợ sách 2019 lần I với chủ đề “Sách là bạn”. Đây là hoạt động văn hóa, xã hội có ý nghĩa được tổ chức thường niên nhằm tôn vinh, khẳng định vai trò và tầm quan trọng của sách trong thời buổi công nghệ hiện nay.

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Thời tiết

TP Hồ Chí Minh

Hiện tại

28°

Mây rải rác

25/05

27° - 34°

Nhiều mây

26/05

26° - 34°

Mưa giông

27/05

26° - 33°

Mưa giông

Nguồn: Weathers Underground

Tỷ giá ngoại tệ

Tỷ giá ngoại tệ cập nhật vào 24/05/2019 06:54
Mã NTTiền mặtChuyển khoảnBán
AUD15,854.1015,949.8016,220.92
EUR25,888.8525,966.7526,693.49
GBP29,244.2629,450.4129,712.36
JPY204.99207.06213.06
SGD16,738.5216,856.5217,040.50
THB716.97716.97746.87
USD23,330.0023,330.0023,450.00
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Giá xăng dầu

Giá xăng, dầu cập nhật ngày 23/05/2019 23:54
Loại xăng dầuĐơn vịGiá vùng 1Giá vùng 2
Dầu hỏaVND/L1642016740
DO 0,001S-VVND/L1791018260
DO 0,05S-IIVND/L1761017960
E5 RON 92-IIVND/L2048020880
Xăng RON 95-IIIVND/L2159022020
Xăng RON 95-IVVND/L2174022170
Nguồn: Petrolimex