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Is it true that Mrs. Nguyen Phuong Hang owns a “red book by weight”?

(Dan Tri) – The real estate block “holding in the hands” of Mrs. Nguyen Phuong Hang and her husband combined is said to be up to a thousand hectares. The land tax payable by Dai Nam Company in 2020 alone is more than 1,200 billion VND.

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 was born in 1971, real name is Nguyen Thi Thanh Tuyen, wife of Huynh Uy Dung (also known as Dung “lime kiln”). This woman is currently the General Director of Dai Nam Joint Stock Company and Mr. Dung is the Chairman of the Board of Directors of the enterprise.

The land fund “storks fly straight”, paying taxes is also 1,234 billion dong

Nguyen Phuong Hang once told on the livestream that her and her husband’s assets “diamonds and red books are in balance”. Before marrying Mr. Dung in 2010, Mrs. Hang business Real estate has a reputation and claims to “never fail”.

In fact, Dai Nam Company is said to own so many real estate projects and industrial parks (IZs) that the land tax payable in 2020 alone is up to 1,234 billion VND. According to the Tax Department of Binh Duong province, the revenue from this province’s land in 2020 is 8,078 billion VND, ie enterprise Mr. Huynh Uy Dung and Ms. Nguyen Phuong Hang contributed 15.3% of the total revenue from land in the province.

Dai Nam Joint Stock Company owns the area tourism Dai Nam has a scale of 450 hectares, which was once known as the largest tourist area in Southeast Asia. The project started construction in 1999 and it took 9 years to complete to open the door to welcome guests. Mr. Dung once revealed that the total construction cost was about 6,000 billion VND.

The enterprise is also the investor of many key real estate and housing projects in Binh Duong province such as Di An City Administrative Center Urban Area (66 ha), Song Than 2 Resettlement Area, Residential Area. in Song Than 2, Expanded Song Than 2 Residential Area, Song Than Commercial Service Urban Area, Dai Nam – Binh Phuoc Residential Area (105 ha) and Tan An 2 Residential Area.

Is it true that Mrs. Nguyen Phuong Hang owns a red book by weight?  - first

(Chart: Van Hung).

Dai Nam is also one of the first enterprises to pilot investment, construction and business in industrial zones in Binh Duong province. One of them is Song Than 1 Industrial Park with an area of ​​178 hectares, completed in 1995 with a total investment of 245 billion VND, making Mr. Dung’s name “lime kiln”.

This enterprise is currently the investor of two key IPs, Song Than 2 Industrial Park (313 hectares, total investment capital of 423 billion VND) and Song Than 3 Industrial Park (534 hectares, total investment capital 936 billion VND), classified as the largest industrial parks in Binh Duong province.

As of mid-2021, Binh Duong province has 29 industrial parks and 12 industrial clusters with a total scale of 10,000 hectares, thus, the industrial park land area owned by Mrs. Nguyen Phuong Hang and her husband occupies about 10 years. %.

In 2016, Phuong Hang and her husband invested in Dai Nam Racecourse. This project has an area of ​​about 60 hectares located right at the tourist area, of which about 30 hectares are reserved for a covered parking lot and a grandstand for guests to watch with a capacity of 50,000-60,000 spectators. Dai Nam estimates the investment capital for this project is about 100 million USD.

This racetrack has categories such as horse racing, dog racing, large displacement motorcycle racing, off-road racing, water motor racing with a designed track with a length of about 1,500 m.

Hundreds of billions of dong in revenue but reporting constant losses

Dai Nam Joint Stock Company, formerly known as Thanh Le Industrial Park Development Joint Stock Company, was established in March 1996 in Binh Duong. Currently, enterprises register for multi-industry business, in which real estate business, factories, investment and business in technical infrastructure of residential areas and industrial zones (following the planning) are the main ones.

Despite being the largest enterprise in Binh Duong province, the business of Mr. Huynh Uy Dung and Ms. Nguyen Phuong Hang continuously reported losses in the period 2016-2019.

Is it true that Mrs. Nguyen Phuong Hang owns a red book by weight?  - 2

(Chart: Van Hung).

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 manufacturing gloves, charter capital of 180 billion VND, chaired by Mr. Dung “lime kiln”. Mr. Dung himself owns 30% of Glove Dai Nam shares.

Mr. Dung and Mrs. 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.

(Synthetic)

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