Vietnamese businessman buys smallest US town

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Pham Dinh NguyenA Vietnamese businessman has bought the smallest town in the US in an auction and now wants to transform it into a trading hub for Vietnamese coffee, local media reported.

Pham Dinh Nguyen paid $900,000 for the entire small Wyoming town of Buford located on Interstate 80 between Laramie and Cheyenne. The town, consisting of a convenience store, gas station and modular home on 4 hectares of land, was put up for sale by its only inhabitant Don Sammons who owned the land since 1992.

Buford was established in 1866 and it once had a population of 2,000 when the Transcontinental Railroad was built nearby. But since the railroad was re-routed, the population has shrunk to just one.

Ngyuen’s intention is now to rename the town PhinDeli, the brand name of his Vietnamese style coffee, and to convert the town’s convenience store into a PhinDeli cafe, retailing both “deluxe” and “super-clean” coffee beans. Additionally, he said, the cafe will “serve coffee free-of-charge for visitors.” PhinDeli will also distribute through Amazon, and eventually if things go right, Walmart and other big retailers.

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Reading Time: 1 minute

A Vietnamese businessman has bought the smallest town in the US in an auction and now wants to transform it into a trading hub for Vietnamese coffee, local media reported.

Reading Time: 1 minute

Pham Dinh NguyenA Vietnamese businessman has bought the smallest town in the US in an auction and now wants to transform it into a trading hub for Vietnamese coffee, local media reported.

Pham Dinh Nguyen paid $900,000 for the entire small Wyoming town of Buford located on Interstate 80 between Laramie and Cheyenne. The town, consisting of a convenience store, gas station and modular home on 4 hectares of land, was put up for sale by its only inhabitant Don Sammons who owned the land since 1992.

Buford was established in 1866 and it once had a population of 2,000 when the Transcontinental Railroad was built nearby. But since the railroad was re-routed, the population has shrunk to just one.

Ngyuen’s intention is now to rename the town PhinDeli, the brand name of his Vietnamese style coffee, and to convert the town’s convenience store into a PhinDeli cafe, retailing both “deluxe” and “super-clean” coffee beans. Additionally, he said, the cafe will “serve coffee free-of-charge for visitors.” PhinDeli will also distribute through Amazon, and eventually if things go right, Walmart and other big retailers.

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