Most businessmen dream of success. But some dream about how to share that success with people less fortunate. 37-year old Mr. Bui Duc Long is one of those. The Vicoland property and construction tycoon has just donated 20 scholarships for young and disadvantaged people to be given vocational training by REACH.
A poor peasant family
The child of what he himself describes as a “poor peasant family”, donates USD500,000 a year to charity. It’s part of his philosophy to combine smart business practices with social responsibility laced with a Buddhist-inspired ethic of giving.
“I have a dream… to establish a school for poor children who are outstanding,” says the Danang-born father of two small boys.
Mr. Long has already fulfilled his earliest dream of providing affordable, quality, low-income housing in Vietnam. “Low-income houses – not low quality, is our business ethic,” he explains. “In Vietnamese, we have a saying: ‘good house – good job’. If you have a house to settle in, you can stabilize your job and your career.”
His next dream is to help educate promising children from poor backgrounds.
“I have this advice for young people which is based on a Chinese saying: ‘Think deeply and do it quickly’. But to succeed you must also find a really good teacher.”
The donation of 20 scholarships
This may explain why he’s donating 20 scholarships to REACH, whose teachers have an outstanding record in placing around 90 percent of their vocational training graduates into career-based employment.
Mr. Long has yet another dream – to build Vietnam’s first retirement resort at Lang Co Bay, which will offer both beachfront relaxation and therapeutic services. He already has the land and is now busy raising the capital. It’s the stuff of dreams.