Vietnam’s Coffee King Makes a Public Appearance

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CEO of Trung Nguyen Coffee put in an unannounced appearance and asked company staff to ‘revolutionize’ themselves. The CEO of Vietnam’s top coffee brand, Trung Nguyen, put in a surprise appearance at a company event on Saturday, after “disappearing” for almost five years.
Dang Le Nguyen Vu, known as the Coffee King of Vietnam, had stayed away from public eye amidst a lengthy divorce process with his wife that is yet to end.
Vu, who had nurtured Trung Nguyen Coffee and taken it to 60 international markets, amazed participants at the company event by turning up without prior notice.
“Brothers and sisters, you have to start by revolutionizing yourselves,” he said in a short speech.The CEO exhorted Trung Nguyen’s leaders and staff to do everything differently from other companies in the world.
Trung Nguyen must aim to become the number one coffee brand in the world, establishing its presence everywhere, he said.
Vu said he had spent the last five years meditating up in the mountains and now had answers to “all the questions in this world.”
The unannounced appearance of Vu has gathered a lot of public and media attention, particularly because his wife, Le Hoang Diep Thao, recently accused four leaders of Trung Nguyen Coffee for misusing their power to manipulate her husband’s company while he was away.
Thao, who owns another coffee brand, King Coffee, said that incorrect information had been spread on social media to slander her husband, who was too sick to appear in public.
“These leaders did this to manipulate Trung Nguyen for their personal gain,” she said.
The divorce proceedings between Vu and Thao, who used to be the deputy director of Trung Nguyen, had also caught public attention in 2015, when they took each other to court, each accusing the other of obstructing the company’s operations.
Vu and Thao have also been embroiled in a lengthy and costly legal battle for years over the ownership of Trung Nguyen Group, which has a charter capital of VND1.5 trillion ($65.8 million).
Thao was a minority shareholder of the company until Vu ousted her in 2015.
The court has not officially settled the divorce petition.
Questions & Answers
Q.What specifically did the CEO ask his staff to do during his surprise appearance?
What specifically did the CEO ask his staff to do during his surprise appearance?
Dang Le Nguyen Vu asked staff to 'revolutionize' themselves and do everything differently from other companies globally. He wants Trung Nguyen to become the number one coffee brand in the world.
Q.What allegations has the CEO's wife made against Trung Nguyen's leadership?
What allegations has the CEO's wife made against Trung Nguyen's leadership?
Le Hoang Diep Thao recently accused four company leaders of misusing their power. She claims they manipulated her husband's company while he was absent from public life.
Q.What is the current status of the divorce proceedings between the CEO and his wife?
What is the current status of the divorce proceedings between the CEO and his wife?
The divorce proceedings between Dang Le Nguyen Vu and Le Hoang Diep Thao are still ongoing. The court has not yet officially settled their divorce petition.
Q.What is the background of the legal dispute between the CEO and his wife regarding the company?
What is the background of the legal dispute between the CEO and his wife regarding the company?
They have been involved in a lengthy legal battle over Trung Nguyen Group ownership, with both accusing the other of obstructing operations. Vu ousted Thao, a minority shareholder, in 2015.
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