Anthony D. (Tony) Salzman

Anthony D. (Tony) Salzman Email and Phone Number

Co Founder and Chairman @ V-TRAC Vietnam
Vietnam
Anthony D. (Tony) Salzman's Location
Vietnam, Viet Nam
Anthony D. (Tony) Salzman's Contact Details

Anthony D. (Tony) Salzman work email

Anthony D. (Tony) Salzman personal email

n/a
About Anthony D. (Tony) Salzman

Anthony D. Salzman is the first American businessman in Vietnam since the Vietnam War, and the founder and Chairman of the V-TRAC Group. Educated at Yale and Duke University, Salzman had been a Vietnam War protestor and became inspired to build his business in Vietnam. In 1992, Salzman relocated his family to Hanoi to build the first American business in Vietnam. He served as a catalyst for lifting the U.S. trade embargo on Vietnam in 1994 that eventually led to the signing of the Bilateral Trade Agreement between the U.S. and Vietnam in 2001, which enabled Vietnam’s accession to the WTO in 2007. In 1993, Salzman and two others created the AmCham chapter in Vietnam (Hanoi), and in 1998, along with the Country Head of the World Bank’s International Finance Corporation (IFC) and the Australian Ambassador, founded the bi-annual Vietnam Business Forum that is instrumental in improving the investment climate in Vietnam. From 1994 until 2010 Salzman’s V-TRAC won the highest market share in Asia for Caterpillar brand construction and mining equipment (NYSE:CAT) and made Vietnam the only Asian country in which Caterpillar has ever been the market leader. In 2010, Salzman received the Friendship Medal from the President of Vietnam, Mr. Nguyen Minh Triet, for his contributions into the economic, social developments, educational and training aspects of Vietnam. In the same year, the Hanoi City People’s Committee awarded him with the Capital Development Medal for his contributions to the economic and social developments of Hanoi Capital.With over 25 years of business experience in Vietnam, Salzman has been cited frequently in Vietnam’s domestic media as well as in international publications such as the New York Times, the Chicago Tribune, and the economist. A sought after advisor and keynote speaker, Salzman’s 20/20 hindsight offers a rare perspective on the do’s and don’t in succeeding in Vietnam. Salzman is a member of the New York based Council on Foreign Relations.Aside from his business interests, Salzman played a key role in the development of Vietnam’s education system, helping to found the first international school (United Nations International School) in 1993, sponsoring the first American training program at the Hanoi University of Technology (1994) and sponsoring Vietnamese students attendance at the International Mathematics Olympiad in the U.S. and United Kingdom. To further strengthen the Intellectual Property Laws in Vietnam, Salzman also sponsored study at Duke Law School for Vietnam’s lead Intellectual Property Negotiator (1994).

Anthony D. (Tony) Salzman's Current Company Details
V-TRAC Vietnam

V-Trac Vietnam

View
Co Founder and Chairman
Vietnam
Website:
v-trac.com
Employees:
14
Anthony D. (Tony) Salzman Work Experience Details
  • V-Trac Vietnam
    Co Founder And Chairman
    V-Trac Vietnam
    Vietnam
  • V-Trac Vietnam
    Co Founder & Chairman
    V-Trac Vietnam Jul 1994 - Present
    Ho Chi Minh City, Vietnam
    V-TRAC VIETNAMAmerican pioneer investor Anthony D. Salzman established V-TRAC in 1994. It was the first 100% foreign owned company permitted to operate a sales and service business in Vietnam. V-TRAC delivered the first western made construction and mining equipment ever sold in northern Vietnam. In 1995 Caterpillar Inc. (NYSE: CAT) became a shareholder. In the year 2000 a joint venture between V-TRAC and Australia's ANZ Banking Group (ASX:ANZ) established ANZ-V-TRAC International Leasing… Show more V-TRAC VIETNAMAmerican pioneer investor Anthony D. Salzman established V-TRAC in 1994. It was the first 100% foreign owned company permitted to operate a sales and service business in Vietnam. V-TRAC delivered the first western made construction and mining equipment ever sold in northern Vietnam. In 1995 Caterpillar Inc. (NYSE: CAT) became a shareholder. In the year 2000 a joint venture between V-TRAC and Australia's ANZ Banking Group (ASX:ANZ) established ANZ-V-TRAC International Leasing Company, the first 100% foreign owned financial leasing company in Vietnam. In 2003 V-TRAC became the first borrower in history approved by the U.S. government's OPIC to receive funds for a project in Vietnam. V-TRAC became the only distributor of American mining machines in Asia that achieved market leadership, enabling the Vietnamese national mining company to quadruple its coal production and win the nation's highest "Hero" award. By 2009 the V-TRAC group distributed numerous brands of equipment, engines, and automobiles. It had trained more than 15,000 Vietnamese skilled workers; annual revenue exceeded $100 million with more than 500 employees. In 2010 the company divested all of its labor-intensive service businesses, and restructured into an industrial property owner. Today, V-TRAC’s facilities support Komatsu (TYO:6301), the heavy equipment market leader in Vietnam, as well as Marubeni Corp (TYO:8002), the giant trading company responsible for Komatsu’s sales and service in Vietnam. V-TRAC is now developing a 2 million square foot (200,000m2) logistic hub that is part of Ho Chi Minh City’s explosive inbound distribution infrastructure. Show less

Anthony D. (Tony) Salzman Skills

Entrepreneurship International Business Leadership Cross Border Transactions Business Strategy International Relations Start Ups South East Asia Market Entry

Anthony D. (Tony) Salzman Education Details

Frequently Asked Questions about Anthony D. (Tony) Salzman

What company does Anthony D. (Tony) Salzman work for?

Anthony D. (Tony) Salzman works for V-Trac Vietnam

What is Anthony D. (Tony) Salzman's role at the current company?

Anthony D. (Tony) Salzman's current role is Co Founder and Chairman.

What is Anthony D. (Tony) Salzman's email address?

Anthony D. (Tony) Salzman's email address is to****@****.com.vn

What schools did Anthony D. (Tony) Salzman attend?

Anthony D. (Tony) Salzman attended Duke University School Of Law, Yale University.

What are some of Anthony D. (Tony) Salzman's interests?

Anthony D. (Tony) Salzman has interest in Human Rights, Environment, Children, Education.

What skills is Anthony D. (Tony) Salzman known for?

Anthony D. (Tony) Salzman has skills like Entrepreneurship, International Business, Leadership, Cross Border Transactions, Business Strategy, International Relations, Start Ups, South East Asia, Market Entry.

Who are Anthony D. (Tony) Salzman's colleagues?

Anthony D. (Tony) Salzman's colleagues are William Cao Nguyen, Michael Fogarty, Hcm-It-Phan Quyen, Jagadeesh Nagala, Hn-It-Nguyen Thinh, Trang Le, Mahe Dran.

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