The story of the giant who gave money to the German vote to pay the salary of Mr. Park Hang-seo



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Sunday, 11/22/2020 17:31 PM (GMT + 7)

He chose not only Duc to bring Coach (Coach) Park Hang-seo back to Vietnamese football, but also the contribution of Mr. Do Minh Phu – President of TPBank.

“Without Mr. Phu, there is no Mr. Park Hang-seo here”

The chairman of the board of directors of Hoang Anh Gia Lai Joint Stock Company (HAGL), Mr. Doan Nguyen Duc (elected Duc), said during the meeting with 3 special guests at a restaurant on Le Duan Street (Hanoi): at noon on a day in October 2020.

The guests are: Mr. Park Hang-seo – Head of the Vietnam National Soccer Team, Mr. Park Noh-wan – Korean Ambassador to Vietnam and Mr. Do Minh Phu – President of the Commercial Stock Bank of Tien Phong. (TienPhongBank, TPBank) and founder of Jewelry Group (VBĐQ) Doji.

According to Duc, in 2018, when he and Hoang Anh Gia Lai were struggling, but because he loved football, he was currently the vice president in charge of finance for the Vietnam Football Federation (VFF) at the time of VFF. Difficulty of things, he investigated to find a way to rebuild the team.

At that time, Vietnam had a history of good players like Cong Phuong, Xuan Truong, Tuan Anh, Quang Hai, Van Hau … but there was no good teacher. The dream of winning the Sea Games for decades, the desire to win Thailand has led the mountain town boss to find a good coach to guide the team.

The 2018 story, chose Duc to play the role of Luu Be and invited Khong Minh to return to the Vietnamese youth soccer scene, no need to repeat. Just know that, in the recent story told by the German elected leader, this cult deal would have failed without the role of chairman of TPBank.

“Mr. Park once told the media that without Mr. Duc I would not be here, without the success that made me famous in both Vietnam and Korea. I jokingly told Mr. Phu that he was not there, but if he were, I would say to Mr. Park: Actually, without Mr. Phu, there would be no Mr. Park, not without Mr. Duc, there would not be . Mr. Park. If you save me, Phu will have money to bring Mr. Park back, ”said the elected Duc, smiling.

Bau Duc said that he went to Korea to meet and persuade him to bring Mr. Park back to Vietnam. When Mr. Park agreed, the VFF… would have no money.

At the time, Hoang Anh Gia Lai had assets of 55 trillion dong, equivalent to 2.5 billion dollars, he was not poor either. But when I lost liquidity (the period when HAGL had a hard time doing business, bank debt accumulated, so it lost liquidity, PV), I did not earn 1 billion dong, so I had no money at the time. So where do we get the money to pay Mr. Park’s salary? Duc Duc recalled.

According to the manager, at that time, he and the president of TPBank did not know each other. By chance, through the presentation, the two people had an exchange and Mr. Duc was impressed because Mr. Phu is a person who understands deeply, understands the problem, he is a person who dares to take risks in business . While HAGL struggled, 7-8 other banks avoided receiving Germany for fear of overdue debts, only Mr Phu’s TPBank agreed to receive it.

The story of the giant who gave money to the German vote to pay Mr. Park Hang-seo - 1

From left to right: Mr. Do Minh Phu, Korean Ambassador to Vietnam Park Noh-wan, elected Duc and Coach Park Hang-seo

And so after the president of HAGL and the president of TPBank met, the two became friends, were elected to Germany, paid the first 2 years of salary to Coach Park Hang-seo, the story unfolded as we do we. known.

“Today, I officially invited Mr. Park to dinner with Mr. Phu and I wanted to tell him this story, so that he understands that the Vietnamese have such extremely good people,” Duc said, with the media earlier. at the beginning of the 4-person meeting in Hanoi last month.

Who is Mr. Do Minh Phu?

Mr. Do Minh Phu (SN 1953, Yen Bai’s hometown) has a degree in Electronic Radio – Hanoi University of Technology, with scientific training. From 1993 to 1995, he was Head of the Gem Processing Technology Research Department at the Materials Science Institute of the Vietnam Academy of Sciences.

Also in these years, he gradually changed his direction as an entrepreneur when he served as President and CEO of TTD Trading and Technology Development Company (the forerunner of VBDQ Doji Group today) and led various other affairs (DN).

At the beginning of 2018, comply with the provisions of the Credit Institutions Law of 2017 (as amended, effective from January 15, 2018) on the fight against cross ownership (bank leaders cannot lead companies simultaneously – PV), Mr. Do Minh Phu at the same time left the “hot seat” of 6 companies, namely: Chairman of Doji Group, Chairman of Hanoi SJC VDQ, Chairman of SJC Danang, Chairman of Gemstone and Gold Joint Stock Company. Yen Bai, Chairman of Red Lotus Investment and Trading Joint Stock Company, Chairman of DojiLand Real Estate Investment Limited Company.

The story of the rich man who gave money to the German vote to pay Mr. Park Hang-seo - 2

TPBank President Do Minh Phu (left).

Currently, Mr. Phu is the Chairman of the Board of Directors of TPBank and various titles in other non-business organizations, such as: Vice Chairman of the Vietnam Gold Business Association, Member of the Executive Committee of the Chamber of Commerce and Industry of Vietnam – VCCI, Ambassador of the International Gemstone Association in Vietnam …

Both units attached to President Do Minh Phu have good commercial and financial potential. At the end of 3/2020 quarter, TPBank’s total operating income reached VND 7.103 billion (an increase of 22.79% over the same period last year). This is also one of the top banks with trillion dong profits despite the difficult situation due to Covid-19. Specifically, TPBank’s pre-tax profit after the first 9 months of this year is 3.024 billion dong (an increase of 25.78% year-on-year). The bank’s total assets increased by almost 26% compared to the first 9 months of 2019, reaching more than 193 trillion dong, bad debt was controlled below 2%.

In Doji, the company does not list shares on the stock exchange, so commercial and financial indicators have not been published. However, according to the company’s announcement, Doji has grown continuously over the years: in 2019, Doji’s revenue increased 8 times compared to 2009. In the first 9 months of 2020, Doji’s revenue reached 68,000 billion VND, The Group’s share capital is VND 5,000 million out of a total assets of VND 12,680 million.

On October 23, 2020, Doji surpassed more than 200 companies in Asia to become “Excellent Retail Company in Asia 2020” awarded by the Asia Pacific Enterprise Awards (APEA). Previously, in 2019, Mr. Do Minh Phu was also distinguished by APEA in the category of Excellent Entrepreneur in the Asia Pacific region.

The most prestigious family of many teachers and billionaires in Vietnam President Do Minh Phu comes from a famous family of businessmen in Vietnam. Mr. Phu’s father was Mr. Do The Su (SN 1921), the youngest People’s Council member of the first class of Son Tay province in 1945.

The story of the rich man who gave money to the German vote to pay Mr. Park Hang-seo - 3

Mr. Do The Su and his wife, businessman Do Minh Phu.

At the age of 14, Do The Su knew how to trade silk in Hang Ngang, Hang Dao (Hanoi). At the age of 73, Mr. Su established the Garment Export Development Company (Gamexco) and served as Gamexco’s president for over 90 years. Su died in 2019 in Hanoi.

The Do family has 22 children (11 children, 11 in-laws), 37 children. They are all single, engineers, doctors, teachers and have about 10 professors, associate professors and doctors, many of them are billionaires, famous entrepreneurs. Besides Mr. Do Minh Phu, some other names can be mentioned such as: Do Tat Cuong village doctor – Director of Vinmec Hospital Research Institute, former Deputy Director of 103 Military Hospital, Mr. Do Quoc Binh – Owner President of Hanoi Taxi Association, Mr. Do Anh Tuan – CEO of FTD Refrigeration and Refrigeration Joint Stock Company, Mr. Do Anh Tu – Vice President of TPBank, CEO of Diana Company, …

Old History has trusted: “I only have three things to lean on, which is wisdom, determination, and virtuous actions. I take the time to learn and explore creativity at work …”.

VCCI President Vu Tien Loc once awarded the medal to Mr. Do The Su said: “Uncle Su is proof that: 14 years is not early and 90 years is not too late …”.

Source: https: //www.nguoiduatin.vn/chuyen-ve-vi-dai-gia-dua-tien-cho-bau-duc-tra-luong-ong-park-hang-seo …

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