Business News
From Harsh Terrain to Global Markets, Vingroup Pursues the Roads Less Taken
Dec 11, 2025
Gurugram (Haryana) [India], December 11: Hon Tre Island in Central Vietnam once felt like the end of the world. It was dry, windswept and easy to overlook, a stretch of land with no power grid, no fresh water and no clear path to development. It sat quietly in Nha Trang Bay, known to locals but rarely considered by investors. But in 2001, when Pham Nhat Vuong returned to Vietnam after years building Technocom into one of Ukraine's most successful food companies, this unlikely island became one of the first places where he focused his renewed attention.
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