MASTER ENTREPRENEUR CATEGORY
Nguyen Dinh Trung
Chairman
Information about Entrepreneur
Mr. Nguyen Dinh Trung — the Founder and Chairman of Hung Thinh Corporation was born in Thai Binh and grew up in a small town in Binh Dinh Province. After many career changes, Mr. Nguyen Dinh Trung and some fellow countrymen started working as brokers in the property development field. Realising the potential and opportunities for development in 2002, he officially established Dong Tien Consulting And Construction Joint Stock Company (presently known as Hung Thinh Land) which specialises in consulting, buying, selling and leasing real estate.
The early days of starting a business were full of adversities, but with great determination, he was able to implement his business strategy into the field of investment and development with the establishment of Hung Thinh Real Estate Business Investment Corporation (Hung Thinh Corporation). During the period of 2007 to 2013 when the real estate market was declining and falling into a deep bubble crisis, Mr. Nguyen Dinh Trung and Hung Thinh Corporation as well as Hung Thinh Land (the core member of Hung Thinh real estate ecosystem) acknowledged that only by understanding the market and providing quality products with real value will the market and the businesses grow healthily and sustainably. Therefore, the company remains its rapid resilience through the mergers and acquisitions (M&A) of frozen real estate projects and then revive a variety of projects, creating suitable products in Ho Chi Minh City, Khanh Hoa, Binh Dinh, Ba Ria - Vung Tau, Phan Thiet (Binh Thuan), Da Lat (Lam Dong).
After nearly 20 years of establishment, Hung Thinh Corporation, under the leadership of Mr. Nguyen Dinh Trung, has been highly trusted by the customers and become one of the leading real estate enterprises in Vietnam.
Other Interesting Facts about Entrepreneur
Mr. Nguyen Dinh Trung believes that respecting business ethics and creating real value for customers and society is the best way for an enterprise to develop sustainably. According to him, a business should sell what people really need and adjust the products to meet their customers’ demands. Realising that there are not enough real estate products in the market that people with real needs can afford, Mr. Nguyen Dinh Trung and Hung Thinh Corporation always strive to develop more products that have both good quality and reasonable pricing.
If you want to breakthrough, change your mindset
Company Achievements & Role as Entrepreneur
With Mr. Nguyen Dinh Trung’s management strategy and mindset, Hung Thinh Corporation has constantly developed and become one of the top real estate developers in Vietnam. Hung Thinh Corporation now has built an efficient and sustainable ecosystem with more than 100 member companies, 5 representative offices and 12 real estate trading centres nationwide.
Until now, Hung Thinh Corporation has introduced more than 56 projects in many provinces and the number of the land bank currently held has been invested more than 3,100 hectares, the possibility of a long-term expansion of the land bank is up to over 18,000 hectares. The estimated number of products sold per year is nearly 12,000 products (in the period of 2021-2026) with a diversified product portfolio, suitable for the real needs of Vietnamese families.
Not only is he famous for his M&A deals, but Mr. Nguyen Dinh Trung also demonstrates an excellent management vision through the transformation strategy of Hung Thinh into a group model with an integrated ecosystem. The new ecosystem will provide Hung Thinh Corporation with the flexibility to adapt to an ever-changing business environment and sustainable growth which secures its leading position in Vietnam's real estate market.
In the leadership role, Mr. Nguyen Dinh Trung has increasingly invested in technology and constantly standardised management tools to improve management capacity and customer experience. Moreover, with a people-centred management style, Mr. Nguyen Dinh Trung always strives to improve the salary and welfare system to meet employees' expectations and create the best conditions for them to comprehensively develop their professional knowledge and soft skills. Along with the exciting business activities, Hung Thinh Corporation always considers the activities for the community as a mission in parallel with the sustainable development strategy.
Vision, Mission, & Future Plans
Mr. Nguyen Dinh Trung always develops Hung Thinh Corporation with the following mission and vision of providing customers with the best quality products and services with real value; constant improvement so that Hung Thinh Corporation's works keep up with present standards and long-term value; actively contributing to the community and country's sustainable socio-economic development.
Mr. Nguyen Dinh Trung’s future plans for Hung Thinh Corporation will focus on 3 outstanding strategies which include diversifying real estate product lines, aiming to develop new, self-sufficient urban areas with diverse functions; applying digital transformation, innovation and smart solutions to develop a diversified, optimal and sustainable ecosystem; comprehensively cooperating with investment partners and strategic partners and promote M&A activities.
Mr. Nguyen Dinh Trung advised that "If an enterprise wants to achieve sustainable growth, it must first build its own credibility and know how to contribute to the society”, which is his definition of a sustainable business.
MASTER ENTREPRENEUR CATEGORY
Nguyen Dinh Trung
Chairman
Information about Entrepreneur
Mr. Nguyen Dinh Trung — the Founder and Chairman of Hung Thinh Corporation was born in Thai Binh and grew up in a small town in Binh Dinh Province. After many career changes, Mr. Nguyen Dinh Trung and some fellow countrymen started working as brokers in the property development field. Realising the potential and opportunities for development in 2002, he officially established Dong Tien Consulting And Construction Joint Stock Company (presently known as Hung Thinh Land) which specialises in consulting, buying, selling and leasing real estate.
The early days of starting a business were full of adversities, but with great determination, he was able to implement his business strategy into the field of investment and development with the establishment of Hung Thinh Real Estate Business Investment Corporation (Hung Thinh Corporation). During the period of 2007 to 2013 when the real estate market was declining and falling into a deep bubble crisis, Mr. Nguyen Dinh Trung and Hung Thinh Corporation as well as Hung Thinh Land (the core member of Hung Thinh real estate ecosystem) acknowledged that only by understanding the market and providing quality products with real value will the market and the businesses grow healthily and sustainably. Therefore, the company remains its rapid resilience through the mergers and acquisitions (M&A) of frozen real estate projects and then revive a variety of projects, creating suitable products in Ho Chi Minh City, Khanh Hoa, Binh Dinh, Ba Ria - Vung Tau, Phan Thiet (Binh Thuan), Da Lat (Lam Dong).
After nearly 20 years of establishment, Hung Thinh Corporation, under the leadership of Mr. Nguyen Dinh Trung, has been highly trusted by the customers and become one of the leading real estate enterprises in Vietnam.
Other Interesting Facts about Entrepreneur
Mr. Nguyen Dinh Trung believes that respecting business ethics and creating real value for customers and society is the best way for an enterprise to develop sustainably. According to him, a business should sell what people really need and adjust the products to meet their customers’ demands. Realising that there are not enough real estate products in the market that people with real needs can afford, Mr. Nguyen Dinh Trung and Hung Thinh Corporation always strive to develop more products that have both good quality and reasonable pricing.
If you want to breakthrough, change your mindset
Company Achievements & Role as Entrepreneur
With Mr. Nguyen Dinh Trung’s management strategy and mindset, Hung Thinh Corporation has constantly developed and become one of the top real estate developers in Vietnam. Hung Thinh Corporation now has built an efficient and sustainable ecosystem with more than 100 member companies, 5 representative offices and 12 real estate trading centres nationwide.
Until now, Hung Thinh Corporation has introduced more than 56 projects in many provinces and the number of the land bank currently held has been invested more than 3,100 hectares, the possibility of a long-term expansion of the land bank is up to over 18,000 hectares. The estimated number of products sold per year is nearly 12,000 products (in the period of 2021-2026) with a diversified product portfolio, suitable for the real needs of Vietnamese families.
Not only is he famous for his M&A deals, but Mr. Nguyen Dinh Trung also demonstrates an excellent management vision through the transformation strategy of Hung Thinh into a group model with an integrated ecosystem. The new ecosystem will provide Hung Thinh Corporation with the flexibility to adapt to an ever-changing business environment and sustainable growth which secures its leading position in Vietnam's real estate market.
In the leadership role, Mr. Nguyen Dinh Trung has increasingly invested in technology and constantly standardised management tools to improve management capacity and customer experience. Moreover, with a people-centred management style, Mr. Nguyen Dinh Trung always strives to improve the salary and welfare system to meet employees' expectations and create the best conditions for them to comprehensively develop their professional knowledge and soft skills. Along with the exciting business activities, Hung Thinh Corporation always considers the activities for the community as a mission in parallel with the sustainable development strategy.
Vision, Mission, & Future Plans
Mr. Nguyen Dinh Trung always develops Hung Thinh Corporation with the following mission and vision of providing customers with the best quality products and services with real value; constant improvement so that Hung Thinh Corporation's works keep up with present standards and long-term value; actively contributing to the community and country's sustainable socio-economic development.
Mr. Nguyen Dinh Trung’s future plans for Hung Thinh Corporation will focus on 3 outstanding strategies which include diversifying real estate product lines, aiming to develop new, self-sufficient urban areas with diverse functions; applying digital transformation, innovation and smart solutions to develop a diversified, optimal and sustainable ecosystem; comprehensively cooperating with investment partners and strategic partners and promote M&A activities.
Mr. Nguyen Dinh Trung advised that "If an enterprise wants to achieve sustainable growth, it must first build its own credibility and know how to contribute to the society”, which is his definition of a sustainable business.