How does Dai Nam company of Nguyen Phuong Hang’s family do business?

On the evening of March 24, Ms. Nguyen Phuong Hang was prosecuted and detained for abusing democratic freedoms to infringe upon the interests of the State, rights and interests of individuals.

Ms. Hang is currently the General Director of Dai Nam Joint Stock Company, enterprise large scale in Binh Duong province. Hang’s husband, Mr. Huynh Uy Dung, an entrepreneur known as Dung “lime kiln”, is the chairman of this business’s board of directors.

Dai Nam Joint Stock Company was established in March 1996 business is real estate. This enterprise is famous for the 450-hectare Dai Nam tourist area project in Binh Duong province. This project started in 1999 and took nearly 10 years to complete to start welcoming guests.

At the same time, Dai Nam is also the investor of Song Than 1, 2 and 3 industrial zones in this locality. These 3 industrial parks have a total investment capital of 245 billion VND, 423 billion VND and 936 billion VND respectively, covering an area of ​​178 hectares, 313 hectares and 534 hectares, respectively.

In addition, the enterprise also invests in the projects of Di An City Administrative Center Urban Area, Dai Nam Residential Area, Song Than Residential Area, Song Than Commercial Service Urban Area, and Tan An 2 Residential Area. same many real estate project other.

Holding a large land fund, the business of Mr. Dung and Mrs. Hang in 2020 alone has paid more than VND 1,200 billion of land use levy to the State budget. This figure is equivalent to 15% of the total revenue from land in Binh Duong province.

In addition to Dai Nam Joint Stock Company, Ms. Nguyen Phuong Hang also joins her husband in many other businesses.

Ms. Hang is a founding shareholder holding 20%, equivalent to the share capital in Glove Dai Nam Company. This business was established in September 2020 with the main business of producing gloves, charter capital of 180 billion VND, chaired by Mr. Dung “lime kiln”. Mr. Dung himself owns 30% of Glove Dai Nam shares.

Dung and his wife Hang also co-founded Hang Huu Huynh Wastewater Treatment Joint Stock Company at the end of 2018 with a charter capital of 99 billion VND. Each person owns 15% of the company’s shares.