Truong Gia Binh
Encyclopedia
Trương Gia Bình is a Vietnam
Vietnam
Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...

ese businessman. His father was an electrical engineer
Electrical engineering
Electrical engineering is a field of engineering that generally deals with the study and application of electricity, electronics and electromagnetism. The field first became an identifiable occupation in the late nineteenth century after commercialization of the electric telegraph and electrical...

 in Hanoi
Hanoi
Hanoi , is the capital of Vietnam and the country's second largest city. Its population in 2009 was estimated at 2.6 million for urban districts, 6.5 million for the metropolitan jurisdiction. From 1010 until 1802, it was the most important political centre of Vietnam...

. He studied mathematics
Mathematics
Mathematics is the study of quantity, space, structure, and change. Mathematicians seek out patterns and formulate new conjectures. Mathematicians resolve the truth or falsity of conjectures by mathematical proofs, which are arguments sufficient to convince other mathematicians of their validity...

 and physics
Physics
Physics is a natural science that involves the study of matter and its motion through spacetime, along with related concepts such as energy and force. More broadly, it is the general analysis of nature, conducted in order to understand how the universe behaves.Physics is one of the oldest academic...

 in the Soviet Union
Soviet Union
The Soviet Union , officially the Union of Soviet Socialist Republics , was a constitutionally socialist state that existed in Eurasia between 1922 and 1991....

, and later returned to Vietnam, where he married the daughter of Vo Nguyen Giap
Vo Nguyen Giap
Võ Nguyên Giáp is a retired Vietnamese officer in the Vietnam People’s Army and a politician. He was a principal commander in two wars: the First Indochina War and the Vietnam War...

, a Vietnam People's Army
Vietnam People's Army
The Vietnam People's Army is the armed forces of Vietnam. The VPA includes: the Vietnamese People's Ground Forces , the Vietnam People's Navy , the Vietnam People's Air Force, and the Vietnam Marine Police.During the French Indochina War , the VPA was often referred to as the Việt...

 general who rose to fame during the Vietnam War
Vietnam War
The Vietnam War was a Cold War-era military conflict that occurred in Vietnam, Laos, and Cambodia from 1 November 1955 to the fall of Saigon on 30 April 1975. This war followed the First Indochina War and was fought between North Vietnam, supported by its communist allies, and the government of...

. He became the head of the Corporation for Financing and Promoting Technology, Vietnam's earliest information technology
Information technology
Information technology is the acquisition, processing, storage and dissemination of vocal, pictorial, textual and numerical information by a microelectronics-based combination of computing and telecommunications...

 firm, in 1990; he purchased 10% of the shares when it was privatised
Privatization
Privatization is the incidence or process of transferring ownership of a business, enterprise, agency or public service from the public sector to the private sector or to private non-profit organizations...

. Afterwards, he led the firm in its expansion from its origins as an internet service provider
Internet service provider
An Internet service provider is a company that provides access to the Internet. Access ISPs directly connect customers to the Internet using copper wires, wireless or fiber-optic connections. Hosting ISPs lease server space for smaller businesses and host other people servers...

 to other areas such as software outsourcing
Outsourcing
Outsourcing is the process of contracting a business function to someone else.-Overview:The term outsourcing is used inconsistently but usually involves the contracting out of a business function - commonly one previously performed in-house - to an external provider...

 for Japanese companies. In 2006, his company opened FPT University
FPT University
FPT University is a private information technology university in Hà Nội, Vietnam, established in 2006. The name comes from that of the managing organisation, the Corporation for Financing and Promoting Technology, or FPT for short. It is the first private university to be opened in Vietnam. They...

, Vietnam's first private university; he also took up a position as the chairman of its managing board. He is speculated to be the richest person in Vietnam; as of January 2007, the value of his stake in FPT alone is VND2.6 trillion ($
United States dollar
The United States dollar , also referred to as the American dollar, is the official currency of the United States of America. It is divided into 100 smaller units called cents or pennies....

164 million; 5,117,280 shares at VND525,000), according to the company's own prospectus. Bình himself is reportedly "tired" of the rumours.
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