Hoang Anh Gia Lai chair Doan Nguyen DucAt the ceremony honoring employees with outstanding contributions held on January 18, Hoang Anh Gia Lai (HAGL) Chair Doan Nguyen Duc, widely known as Boss Duc, recalled memories of the most difficult times for the business. “In 2007-2008, I was still the richest person in Vietnam, but shortly afterward I also became the poorest,” Duc recalled. In 2018, Duc sent a letter to Tran Ba Duong, Chair of Thaco Group, an automobile manufacturer. After reading the letter, Duong met Duc one afternoon and handed him VND2,000 billion, without even requiring a written receipt. Currently, Doan Nguyen Duc said HAGL’s debt has been reduced from VND36,000 billion to VND5,500 billion.

Source: VietNamNet News January 26, 2026 01:34 UTC