Descendant of Ly Family in Korea Keen on Investment in Vietnam

10:39:30 AM | 2/23/2007

Ly Tuong Tuan, of the 36th generation of the Ly Long Tuong family, who was born and raised in South Korea still keeps his Vietnamese origin in mind and always looks for long-term investment opportunities in Vietnam, said Vietnam News Agency.
 
The President of the Golden Bridge financial group said he always tries to take time out of his heavily-loaded agenda to study his ethnic roots and native land.
 
Tuan has made about 30 visits to Vietnam since his first return in 2003.
 
"I felt warm at heart and like at home when I stepped down from the plane into Noi Bai international airport, even during my first visit years ago, and I could not resist coming back frequently," said the financial tycoon.
 
He recalled the deep impression made by the annual ceremonies of his Ly family at the Dinh Bang community temple, northern Bac Ninh province, in the middle of the third lunar month.
 
I could not hold back tears at villagers' welcoming me like a son coming home after a long trip, the Vietnamese Korean confided.
 
Pride as a Vietnamese national and aspirations to contribute to national development have pushed the Golden Bridge group CEO into large-scale investment in Vietnam.
 
The RoK group inaugurated a representative office in Hanoi in September, 2006 with a registered capital of over US$1 million.
 
Tuan founded the Golden Bridge group in 2000, which now boasts an estimated US$300 million in capital. The consortium runs 10 companies operating in financial leasing, investment fund management, stock trading and restructuring enterprises.
 
In regard to his long-term investment goal in Vietnam, the tycoon said the Golden Bridge is working on projects for infrastructure construction, real estate development and education.
 
The business executive unveiled a plan to give financial support for Vietnamese students studying in South Korea, as well as to fund the promotion of Vietnamese images in his country of residence.
 
"My childhood was lacking information about Vietnam, I don't want my children to suffer what I suffered. They should have a full knowledge of their ancestors and nativeland," said the Vietnamese-Korean.
 
He said he planned to send his youngest son Lee Roo Lee to Vietnam for high school after graduating from the junior high school in South Korea.
 
My biggest dream is to live permanently in Vietnam, said the Vietnamese-Korean, adding he planned to register for official residency in Hanoi in 2010. (VNA)