MASTER ENTREPRENEUR CATEGORY
Pham Thanh Tung
Chairman
Information about Entrepreneur
Pham Thanh Tung was born in 1979, and he is the Chairman of the Board of Directors of Tri Viet Group (T-Corp). He used to be a lecturer at Banking Academy before he switched to starting the business.
In 2005, Pham Thanh Tung received a Master’s of Business Administration in Finance from the University of Birmingham (UK). With the wish to contribute the most to society, Tung struggled between choosing the path of becoming a university lecturer and an entrepreneur. In the end, instead of returning to the Banking Academy as a lecturer, he was determined to establish a career and choose the Vietnamese stock market as a place to demonstrate his ability towards building a large financial institution in the market. Later on, he could continue his education career through the opening of training institutions.
Pham Thanh Tung’s name appeared on the stock market after the first successful deal, the acquisition of Pacific Securities Joint Stock Company—an enterprise established in 2006. By 2012, the second deal was completed with the Thuy Duong Trading Joint Stock Company which was developed into Tri Viet Asset Management Corporation (TVC).
Other Interesting Facts about Entrepreneur
For Chairman Pham Thanh Tung, the name "Tung Tri Viet" has a very special meaning. He once shared, "Tung Tri Viet—this name has followed me for more than ten years and will stick with me forever."
“Tung Tri Viet has no personal achievements because all Tung's enthusiasm is to build the foundation for the organisation and society based on the undying belief in the Vietnamese spirit, the Vietnamese human intelligence. Tung has one passion—the only passion is to work in happiness.”
That passion is the foundation for his current success which is based on accumulation, concentration and focus. Intelligence, Pioneering and Integrity are the personal values of Chairman Tung Tri Viet and are also the three pillars to ensure the prosperity of T-Corp's organisation and investors.
President Tung's real dream is to become a teacher. Becoming an entrepreneur is a choice, a cumulative step to serve one’s lifelong efforts for training, where generations of Vietnamese intellectual entrepreneurs are incubated.
Never lower the standard just to fit the situation but always strengthen the belief to do more great things.
Company Achievements & Role as Entrepreneur
Despite the complicated developments of the COVID-19 epidemic in 2020, the two group companies, including TVC and TVB, still had impressive growth results while under the leadership of Chairman Pham Thanh Tung and the Board of Directors. TVC surpassed VND 100 billion in after-tax profit while TVB brought VND 72 billion profit to shareholders.
In particular, the earnings per share (EPS) of the two companies has increased strongly since the beginning of 2020. By the end of the second quarter of 2021, TVC's trailing 4 quarters of EPS reached VND 6.182 per share and TVB is VND 3.054 per share—the profitability is among the TOP leading companies in the finance-securities industry in Vietnam.
With positive business performance, TVC is receiving the attention of many VIP investors and major shareholders in the plan to increase VND 150 billion of new capital by private placement at the price of VND 13,500 per share. It is expected that by the end of October, TVC will complete this plan, raising its charter capital to nearly VND 1,200 billion. At TVB, its charter capital has also surpassed VND 1,000 billion in August 2021.
Vision, Mission, & Future Plans
With a vision and strategic management capacity, Pham Thanh Tung has led Tri Viet Group to become a pioneer in Asset Management with Vision, Mission, and Value in the role of Chairman of the Board of Directors. Its vision is to pioneer the development of a closed asset management model in Vietnam; its mission is to use the position and prestige gained to bring Prosperity to Customers, Partners, etc.; its core values are Safety - Intelligence - Pioneering - Integrity - Prosperity.
Chairman Pham Thanh Tung confidently built the TOP 3 position for Tri Viet Group in two service areas that the Vietnamese stock market has not yet developed, namely investment trust services and asset management services. At the same time, he identified VIP as the target customer, wishing to develop a V.I.P partner ecosystem to experience with Tri Viet on ways to create new values in the mergers and acquisitions (M&A) market, towards the common prosperity goal.
With the qualities of a teacher, President Pham Thanh Tung constantly ponders and wishes to contribute to expanding the field of training in Vietnam. Tung estimates that Tri Viet's idea of training development can be implemented after 2023.
To fellow entrepreneurs and enterprises, Pham Thanh Tung advised, “We may have hundreds of years to live but only one life, let's dream and strive to do all we want and live it to the fullest.”
MASTER ENTREPRENEUR CATEGORY
Pham Thanh Tung
Chairman
Information about Entrepreneur
Pham Thanh Tung was born in 1979, and he is the Chairman of the Board of Directors of Tri Viet Group (T-Corp). He used to be a lecturer at Banking Academy before he switched to starting the business.
In 2005, Pham Thanh Tung received a Master’s of Business Administration in Finance from the University of Birmingham (UK). With the wish to contribute the most to society, Tung struggled between choosing the path of becoming a university lecturer and an entrepreneur. In the end, instead of returning to the Banking Academy as a lecturer, he was determined to establish a career and choose the Vietnamese stock market as a place to demonstrate his ability towards building a large financial institution in the market. Later on, he could continue his education career through the opening of training institutions.
Pham Thanh Tung’s name appeared on the stock market after the first successful deal, the acquisition of Pacific Securities Joint Stock Company—an enterprise established in 2006. By 2012, the second deal was completed with the Thuy Duong Trading Joint Stock Company which was developed into Tri Viet Asset Management Corporation (TVC).
Other Interesting Facts about Entrepreneur
For Chairman Pham Thanh Tung, the name "Tung Tri Viet" has a very special meaning. He once shared, "Tung Tri Viet—this name has followed me for more than ten years and will stick with me forever."
“Tung Tri Viet has no personal achievements because all Tung's enthusiasm is to build the foundation for the organisation and society based on the undying belief in the Vietnamese spirit, the Vietnamese human intelligence. Tung has one passion—the only passion is to work in happiness.”
That passion is the foundation for his current success which is based on accumulation, concentration and focus. Intelligence, Pioneering and Integrity are the personal values of Chairman Tung Tri Viet and are also the three pillars to ensure the prosperity of T-Corp's organisation and investors.
President Tung's real dream is to become a teacher. Becoming an entrepreneur is a choice, a cumulative step to serve one’s lifelong efforts for training, where generations of Vietnamese intellectual entrepreneurs are incubated.
Never lower the standard just to fit the situation but always strengthen the belief to do more great things.
Company Achievements & Role as Entrepreneur
Despite the complicated developments of the COVID-19 epidemic in 2020, the two group companies, including TVC and TVB, still had impressive growth results while under the leadership of Chairman Pham Thanh Tung and the Board of Directors. TVC surpassed VND 100 billion in after-tax profit while TVB brought VND 72 billion profit to shareholders.
In particular, the earnings per share (EPS) of the two companies has increased strongly since the beginning of 2020. By the end of the second quarter of 2021, TVC's trailing 4 quarters of EPS reached VND 6.182 per share and TVB is VND 3.054 per share—the profitability is among the TOP leading companies in the finance-securities industry in Vietnam.
With positive business performance, TVC is receiving the attention of many VIP investors and major shareholders in the plan to increase VND 150 billion of new capital by private placement at the price of VND 13,500 per share. It is expected that by the end of October, TVC will complete this plan, raising its charter capital to nearly VND 1,200 billion. At TVB, its charter capital has also surpassed VND 1,000 billion in August 2021.
Vision, Mission, & Future Plans
With a vision and strategic management capacity, Pham Thanh Tung has led Tri Viet Group to become a pioneer in Asset Management with Vision, Mission, and Value in the role of Chairman of the Board of Directors. Its vision is to pioneer the development of a closed asset management model in Vietnam; its mission is to use the position and prestige gained to bring Prosperity to Customers, Partners, etc.; its core values are Safety - Intelligence - Pioneering - Integrity - Prosperity.
Chairman Pham Thanh Tung confidently built the TOP 3 position for Tri Viet Group in two service areas that the Vietnamese stock market has not yet developed, namely investment trust services and asset management services. At the same time, he identified VIP as the target customer, wishing to develop a V.I.P partner ecosystem to experience with Tri Viet on ways to create new values in the mergers and acquisitions (M&A) market, towards the common prosperity goal.
With the qualities of a teacher, President Pham Thanh Tung constantly ponders and wishes to contribute to expanding the field of training in Vietnam. Tung estimates that Tri Viet's idea of training development can be implemented after 2023.
To fellow entrepreneurs and enterprises, Pham Thanh Tung advised, “We may have hundreds of years to live but only one life, let's dream and strive to do all we want and live it to the fullest.”