TYCOON LE HONG THUY TIEN OUTSIDE HER HIGH-SECURITY RIVERSIDE VILLA IN HO CHI MINH CITY, VIETNAM. THE COAT OF ARMS ON THE GATES APPEARS TO HAVE BEEN MODELLED ON THAT OF THE BRITISH ROYAL FAMILY.
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1.Overseas scholarships grant in Vietnam.
Mark A. Ashwill – an international educator in Vietnam talks about education corruption relating to granting overseas scholarships in Vietnam. (Link to Mark A. Ashwill post on 15/10/2012)
“So how do institutions determine financial need in a country like Vietnam? It’s not easy. Unlike the US, which has many official papter trails that give schools a pretty accurate indication of a family’s ability to pay, “paper” and actual income and wealth in a country at Vietnam’s stage of development are usually two very different things. Like other countries, everyone wants a scholarship, including the sons and daughters of the nation’s über rich. (To put this in context, when I say “über rich,” I’m referring, for example, to people who own cars that are worth as much as or more than your home.) Scholarships are prestigious, confer bragging rights and, of course, save money along the way. What’s not to like?
Here’s an example that proves my point that schools need help distinguishing between actual and faux need. A young Vietnamese woman received a very generous (merit- and need-based) scholarship from a well-known and highly selective East Coast liberals arts college. Once she arrived on campus, other Vietnamese students knew immediately that the school had been had. She was in fact the daughter of a man who worked in ministry X, whose paper salary was quite low (in the hundreds per month), but whose family was, in reality, very wealthy. If the college in question had worked with a reliable and trustworthy partner on the ground, it could have determined in short order that the family had no need for a scholarship of that magnitude.”
Read about the fraud to grant Vietnamese students study visas to the US (Link to Mark Ashwill site under “corruption” tag, page 2).
2.Education corruption in Vietnam.
You can read on page 4/11 of this downloaded file (“VIETNAMESE HIGHER EDUCATION: CRISIS AND RESPONSE” by Thomas J. Vallely and Ben Wilkinson of Havard Kenedy School, published in 11/2008) about buying titles and degrees in Vietnam.
“Merit-based selection: Corruption is rife and it is well known that degrees and titles can be purchased. University personnel systems are opaque and promotion is too often based on non-scholastic criteria such as seniority, family and political background, and personal connections. Faculties and the upper levels of administration tend to be dominated by individuals trained in the Soviet Union or Eastern Europe who cannot speak English and, in not a few cases, are hostile to younger, western educated colleagues.”
3.The trend of overseas studying in Vietnam (Link to World Education News and Reviews “Trends in Vietnamese Academic Mobility” by Paul Schulmann, published on 3/6/2014).
“Last month’s WENR feature article, Higher Education in Vietnam, described how the low quality of Vietnamese higher education combined with increasing disposable income has led to an increasing number of Vietnamese seeking educational opportunities abroad. However, the challenges for Vietnamese are formidable, as per capita GDP was only US$1,755 in 2012, less than one-third that of China. Despite this, the number of Vietnamese students studying abroad at the tertiary level has increased significantly to 53,802 in 2012*, up from 23,334 in 2006 according to UNESCO’s Institute for Statistics.”
4.Vietnam in top 10 list of countries sending students abroad.
This figure came from a WENR research paper(Link to World Education News and Reviews “Beyond More of the Same: The Top Four Emerging Markets for International Student Recruitment” by Rahul Choudaha, published on 1/10/2012) .
The below article appears in the online communist Youth newspaper in Saigon (Link to Thanh Nien News “Vietnam in top 10 list of countries sending students abroad” published on 22/10/2012).
With a GDP per capita of $1,800 USD,
“Vietnam sent the world’s eighth largest number of students abroad last year, Nguoi Lao Dong newspaper has said citing a report from an international relocation and immigration consultancy.
Australia was the top destination for foreign students as of 2009 when figures are last quoted, with 21 percent of international students enrolling there.
The UK, US, and Canada followed in that order.
In Australia, Vietnamese students made up the fourth largest group.
More than 100,000 Vietnamese study in 49 countries and territories around the world, double the figure from a decade ago, the Department of International Education Development said earlier this year.
Only around 10 percent of them are funded with scholarships, it said.
It attributed the growing trend of studying abroad to the generally accepted problems with local education, like corruption.”
Figures appear in a WENR report. (Link to World Education News and Reviews “Higher Education in Vietnam” by Nick Clark, published on 5/5/2014)
5.Inequality in a communist Vietnam and the existence of capitalism after it was driven out in 1975, yet as never before in Vietnam, the gap is much widen between the rich and the poor. News on the web site of the Vietnamese government. (Link to National Times “Vietnam’ ‘Super-rich’ Has Increased Fourfold in Ten Years” by Quynh Anh, published on 10/7/2014)
“The ‘super-rich’ are individuals defined as having assets of US $30 million, approximately 630 billion dong, according to World Bank report released Tuesday .
The report revealed that Vietnam was estimated to have 110 super-rich in 2013. It means that one out of 1 million Vietnamese is super-rich. And the ‘super-rich’ are individuals defined as having assets of US $30 million, approximately 630 billion dong”
6.HOW THE SUPER RICH BECOME SO RICH…..(Link to Business Times “Super-Rich An Elite Minority As Gap Between Rich And Poor Widens” published on 18/7/2014)
“The high number of super-rich people in an underdeveloped economy is not something Vietnam should take pride in. It is “abnormal” that people should be getting rich in a stagnant economy.”
“However, both Lan and Binh have noted that unlike the billionaires in the world, many of the Vietnamese super-rich follow “uncommon” ways to get rich.
Lan noted that the majority of the rich listed in the annual top 100 stock millionaires report are real estate developers, who got rich because they seized opportunities or exploited the problems of the real estate market, which lacks transparency.
Meanwhile, Vietnam does not have industry or technology tycoons, the ones who get rich through their brainpower.”
“The World Bank’s report pointed out that there is one Vietnamese rich person for every one million Vietnamese, and that inequality exists between the rich and the majority of Vietnamese in accessing opportunities.”
“Dr. Binh noted many of the super-rich people got rich by taking full advantage of their power as high-ranking officials of ministries and state agencies, or making corrupt use of an unreasonable management mechanism.
Many others got rich thanks to their privileges to access confidential information, which helped them make reasonable investment decisions.
“I believe that there are not many people getting rich with their intelligence,” Binh said.
He went on to say that many people become poorer in order for one person to get richer. For example, a person who knows in advance about new land programming will surely have advantages over others when making decisions on whether to buy or sell a land plot.
Lan said that most of the rich real estate developers have “special relations” with the local authorities and high ranking officials. The “special relations” allow them to access confidential information which determines the success of their investment deals.”
7.WHY THE VIETNAMESE BUY A JET? (Link to Forbes “Condo Boss” by Lan Anh Nguyen, published on 20/11/2009)
He came from the North of Vietnam – the centre of political power.
“Doan Nguyen Duc makes news in Vietnam, and it’s not always favorable. He’s scored big money, first off the timber trade, amid speculation regarding illegal deforestation of the Central Highlands (charges Duc denies). He plunked down part of his winnings to bring Thailand’s number-one striker to the Vietnamese football league. That gesture won more fans than his 2008 purchase of a private airplane– the country’s first–during a nasty economic period for almost everyone else.
Now, flush anew following a massive rollout of Ho Chi Minh City condominiums from an advantageous property buy, he is looking to neighboring Laos and beyond to compound his fortune yet again.
What is driving the man known ever more widely as Bau (Big Boss) Duc? “To be on the top,” he says, which means being a billionaire, a goal he is more than halfway to reaching. But that compulsion, it is clear, is more than a grasp for riches. For Duc– the given name now functions as his surname–attaining such a first for his nation would validate a people still often relegated to second-class status in too many eyes.
Duc is now able to fly throughout the region in his own jet (for longer trips he flies first-class commercial). He lives in five-star hotels, even in the former Saigon. (His wife and three children are permanent residents of Singapore–for schooling reasons, he says.) He is welcomed abroad, by owners of London’s Arsenal football club, where his corporate ads appear alongside the pitch, as well as by high Laotian officials. But he cannot forget his first overseas travels more than a decade ago, when he felt humiliated because Vietnamese were often perceived as poor people and looked down upon. It was so bad, he says, “even the national carrier’s flight attendants didn’t respect their own fellow citizens.”
“Five years ago nobody in Vietnam thought about buying an airplane,” he says. “I bought an airplane to prove that I can. Now I want to become a billionaire, because I totally believe that I can do that, and I want to prove that.”
8.Story of 1st VIETNAMESE BILLIONAIRE – REAL ESTATE DEVELOPER – coming from the North – the source of political power in communist Vietnam, worths $1.65 billion as at 9th of March 2015. (Link to Forbes “Vietnam’s First Billionaire And The Triumph Of Capitalism” by Michael Noer, published on 3/4/2013)
9.STORY OF 3 RICH WOMEN COMING FROM NORTH VIETNAM – The Centre of Communist Power.
10.Daughter of General Tran Van Tra, the commander who led the communist forces during their final assault on Saigon is married to Nguyen Thanh Hoang, a Viet kieu, or overseas Vietnamese, WHO LIVES IN AUSTRALIA, the general manager of a hotel in Saigon now which used to be the dwelling of an American journalist and his Vietnamese wife before the Saigon Fall. The nexus seems familiar: Vietnamese generals and profitable real estate.
The Time’s journalist wrote about his old eight-story apartment building was transformed into a luxury hotel – the Norfolk Hotel at 117 Le Thanh Ton.
11.CURRENT Vietnamese Vice Prime Minister bought on 3/6/2005 at $790,000 USD (in 2014 estimated to worth over 1 million) a house at 636 South Halliday street, Anaheim, CA 92804. The second house is at 7556 East Calle Durango Street, Anaheim, CA 92808 was bought on 18/10/2010 at $575,000 USD. Below is the driver licence of his son who came to study in California. See more pictures on this blog site which was created by supporters of the CURRENT Vietnamese Prime Minister to uncover hidden treasures built from corruptioN among the Prime Minister’s Party rivals.
12.CURRENT Vietnamese National Assembly Chairman Nguyen Sinh Hung’s sister (picture attached) MIGRATED TO AUSTRALIA after stealing millions – this blog site which created by supporters of the CURRENT Vietnamese Prime Minister is uncovering hidden treasures built from corruption among the Prime Minister’s Party rivals.
13.Miss Cao Thi Nhip led the first North Vietnamese Communist tank into the South Vietnam Presidential Palace in Saigon at the end of the Vietnam war. She later appeared in the film about her “Miss Nhip” produced in 1976 with the driver of the tank – Lieutenant Nguyen Ngoc Chan. In the film she was given the stage name Nguyen Trung Kien – meaning Nguyen Loyal.
Now she lives in Garden Grove, California and told friends that she “has forgotten the memories of 30/4!”.
How did she come to America? Spinning a web of lies that she was a political refugee like the terrorist Haron Monis? Or came as a foreign student? Married a Vietnamese Communist living in America? Married an American?.
Image credit
by Barbara Müller-Walter.
TYCOON LE HONG THUY TIEN OUTSIDE HER HIGH-SECURITY RIVERSIDE VILLA IN HO CHI MINH CITY, VIETNAM. THE COAT OF ARMS ON THE GATES APPEARS TO HAVE BEEN MODELLED ON THAT OF THE BRITISH ROYAL FAMILY.
A refugee's journey - Vietnam to Australia 