The Vietnamese Family Drinks Firm That Turned Down Coca-Cola

“After Discussions, We Realised That We Had Different Visions, ” Thanh Said. “We Needed a Partner Who Can Support the Development of Thp and Together, Grow Faster. Money Wasn’t the Deciding Factor. There’s No Regret. ”

Story Behind World’s Top Energy Drink: How Thailand Created Red Bull

Thanh Said He Does Not Plan to Retire Any Time Soon, but Is Focused on Finding a Successor. for Now, He Is Grooming His Two Daughters but Insists He Is Also Open to a Capable Executive Who’s a Not a Family Member.

Vietnamese Tea Maker That Rejected Coca-Cola Buyout Seeks Us$3 Billion to Rival Red Bull

By Robert Thorne

• Oct 8, 2026 • 4 min read

Vietnamese Tea Maker That Rejected Coca-Cola Buyout Seeks Us$3 Billion to Rival Red Bull

Direct Answer • Key Takeaway

“It’s Crucial to Find the Right Partner with the Same Vision, ” Said Thanh, 66, Who Runs the Firm with His Two Daughters. “We Don’t Need Money. We Are Looking for Industry Expertise So We Can Develop Together. ”

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.

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