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Ashley Furniture CEO - Todd Waneck to plan the business cooperation with a research HCMC and opened a factory in Binh Duong.

Information and photos of the trip was a billionaire American photographer famous individuals shared on Facebook 21/8. Talking to VnExpress.net, CEO Pho Xinh - Duong Quoc Nam said Todd Waneck table has the same plan of bilateral cooperation during his days in Vietnam.  Memorandum of Understanding has been signed between the parties at the end of July in the U.S., the total investment value of $ 10 million. November, Mr. Todd Waneck will return to Vietnam to formally announce the partnership,  the said.

The plan was revealed he Nam, distribution centers Ahsley products will be opened in early 2014, including a chain store (home store) from north to south, and the booth (gallery) located in the The company s supermarkets.

Todd Wanek (far right) with Mr. Duong Quoc Nam (center) during work in Vietnam. Photo: Ly Vo Phu Hung

Ashley Furniture Industries is manufacturing furniture and a genuine store in Long Bien (Ha Noi). He also has to Waneck Todd Pacific, where the company will open a factory.  When the new plant went into operation in 2015, the number of workers in Vietnam Ashley will increase from 4,000 to 10,000. This is the company s plans after the withdrawal of labor in China,  said South sharing of partners.

Ashley Furniture Industries founded in 1945, is owned by father and son Ron and Todd Wanek, had shortlisted the 400 richest Americans by Forbes with a fortune of $ 1.5 billion. In 2012, Ashley ranked 115 in the list of largest private companies with revenues of U.S. $ 3.5 billion.

Its CEO - Todd Wanek, who had come to Vietnam, joined the company in 1979. He has lived in Asia for many years and was in charge of international operations of the company more than two decades.

Apart from business, family Waneck also participate financially support politicians and political committee activities of the Association of American furniture manufacturers. In 2006, Todd Wanek received awards from the Cancer Research Center City of Hope for their funding efforts.