Business | Back from the USSR

Vietnam has produced a new class of billionaire entrepreneurs

The renaming of an Oxford college is just one sign of their clout

|Hong Kong

THE ECONOMIC development of Vietnam now has a permanent monument in one of the world’s most prestigious seats of learning. After a $207m investment announced early this month by Sovico, a Vietnamese holding firm, the University of Oxford’s Linacre College (for graduate students) is set to be renamed after Nguyen Thi Phuong Thao, its chairwoman.

This article appeared in the Business section of the print edition under the headline “Back from the USSR”

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