Tang Thanh Ha's father-in-law's name in Panama Papers
(Baonghean.vn) - Mr. Johnathan Hanh Nguyen, Tang Thanh Ha's father-in-law, is called the "King of Luxury Brands" in Vietnam by the media. He currently holds a portfolio of 38 leading fashion brands, fast food franchise business...
According to the search results on the ICIJ homepage, Mr. Johnathan Hanh Nguyen's role is to have shares in Imex Asia Pacific International Limited and IMEX PAN PACIFIC GROUP INC. However, his name is not included in the list of 189 individuals and organizations published in Vietnam.
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| Portrait of Vietnam's "King of Luxury Goods" - Businessman Johnathan Hanh Nguyen. |
According to Mr. Johnathan Hanh Nguyen, his name is in this file because he has shares in two companies on the list, Imex Asia Pacific International Limited (IAP) and Imex Pan Pacific Group Inc. The transactions recorded in the Panama Papers were explained by him as "a normal investment activity of the company while in the Philippines".
However, he also said that IPA Company only existed for 6 months because of ineffective business. After that, this enterprise returned all shares to his company. Similarly, the shares under his name at Imex Pan Pacific Group Inc (specializing in investment, import and export of goods, project financing...) were also withdrawn to focus on doing business in Vietnam since September 2007.
According to the "King of Luxury Goods", the purchase of shares in the above companies had nothing to do with Mr. Viet Nam's business activities because at that time he was a business representative in the Philippines.
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| Dior brand booth distributed by Mr. Johnathan Hanh Nguyen's group in Hanoi. |
Businessman Johnathan Hanh Nguyen is known as the "powerful" man of the luxury goods segment in Vietnam. Owning IPP Group (Imex Pan Pacific) - the largest luxury goods distribution company in Vietnam, Johnathan Hanh Nguyen is the one who brought the most famous brands in the world such as Chanel, Louis Vuitton, Cartier, Burberry, Salvatore Ferrragamo,... to Vietnam.
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