Portrait of Cuong Do's powerful mother: "Screaming fire" in the marketplace, home revealing another personality

Nguyen Thi Nhu Loan is a famous businesswoman of Vietnam, currently serving as Chairman of Quoc Cuong Gia Lai. Ms. Loan is active in timber production and real estate business.

Ms. Nguyen Thi Nhu Loan (SN 1960, Phu Yen) currently holds the position of Chairwoman of Quoc Cuong Gia Lai. She only finished grade 12, did not have a university degree but is still a respectable "female general" in the Vietnamese market.

In 2011, she was voted as one of 100 people honored as typical Vietnamese businesswomen and received the Golden Rose trophy. She also ranked in the top 15 richest people, top 50 richest women on the Vietnam stock exchange in 2010 and 2011.

At one time, Nguyen Thi Nhu Loan and Bau Duc were one of the two largest timber traders in Gia Lai province. In fact, she embarked on the field of processing, creating wood after graduating from high school, gradually "encroaching" on real estate. Not choosing to study at university but starting a business with little borrowed money, she immediately opened a wood processing workshop in Gia Lai.

In 1994, Ms. Loan's main field of activity was exploitation and processing of wood for export. In addition, this is also a place to buy, sell and sell agricultural, forestry and coffee products with more than 500 employees. She then switched to the fertilizer business, but this business was fraught with risks and ups and downs. When a client owed her fertilizer money and repaid it with a plot of land, she turned to real estate.

In 2005, she started her turn to real estate business in Ho Chi Minh City. Ho Chi Minh. In March 2007, Ms. Nhu Loan was active in many fields, mainly including: real estate, rubber, hydropower, timber and construction.

According to the financial report in early 2020, Quoc Cuong Gia Lai of Ms. Nguyen Thi Nhu Loan has achieved revenue of VND 1,028 billion, up 79% compared to previous years. Consolidated profit after tax reached VND 48.4 billion, up 31% over the same period last year. With this business result, VND 128 billion has been exceeded compared to the set revenue plan, fulfilling 50% of the profit target.

However, she sometimes found it difficult and difficult to follow this path. "The difficulties in the real estate sector are no one who can help me. Many nights I wondered why I as a woman chose such a hard-working industry," she said.

Loan puts a lot of effort into her work, working a day from 9 a.m. to 9 p.m., even 2-3 a.m. the next morning. She said it was quiet time, easier to focus on work.

In addition to real estate business, Ms. Nhu Loan has many other businesses, typically construction. Every year, her unit builds floors to build all kinds of products of apartments, townhouses, villas ... By 2008, the female giant invested in rubber plantation, encroaching on the field of hydropower. In 2012, the company generated power from 3 units of Iagrai 1 hydropower project with a capacity of 10.8MW.

Thanks to many business industries, Ms. Nhu Loan has accumulated a huge fortune that makes many people admire. According to market data in 2021, Ms. Nguyen Thi Nhu Loan is the 109th richest person on SCK Vietnam with assets worth up to VND 616 billion (because she holds 101,922,260 GCG shares).

Rich as it is, Cuong Do's family is quite secretive, and even Nhu Wan's husband and daughter have never appeared in the media. In addition to being a "female general" in the market, when she comes home, Ms. Nguyen Thi Nhu Loan is a woman - a mother who always cares and loves her children and grandchildren. On weekends she always spent time with her home and that was the happiness of a powerful woman.

However, the frequency of appearances of Ms. Nhu Loan with her son is not much, some of them are the ceremony of her son and the cradle party of grandson Suchin.

In 2019, the moment Cuong Do's biological mother, Nhu Loan shed tears during her son's ceremony after giving gifts to her daughter-in-law Dam Thu Trang touched many people. This is a rare occasion when Ms. Nhu Loan appears with the couple and expresses such feelings.

In addition to Cuong Do, she has a rather private daughter named Nguyen Ngoc Huyen My (born in 1983), she used to study in the US but the information about her is still very mysterious. She is in the Top 10 richest 8X entrepreneurs in Vietnam in 2015, Top 100 richest people on the stock market...

It is only known that she is now married to a Chinese businessman named Lau Duc Huy. The couple is in the accommodation business, owning a series of modern luxury hotels in the center of District 1, Ho Chi Minh City.

As for the "partner" of the female giant, according to the management report of the corporation, there is no mention of Ms. Nhu Loan's husband. However, the images recorded at the time of the wedding of businessman Nguyen Quoc Cuong partly revealed the man who was accompanying the female giant. Specifically, Mr. Lai The Ha - Vice Chairman of the Group and Ms. Nhu Loan appeared as representatives of the boy's house. This is more evident in the wedding invitation of the couple Cuong Do and Dam Thu Trang.

It is known that Mr. Lai The An was born in 1956, 4 years older than the female giant. He has been with her since the corporation was just a private enterprise and became her "support" many years ago.

Cuong Dola, on behalf of his biological mother, to pay off his trillion-dollar debt, suddenly mentioned Ms. Truong My Lan Minh Lợi14:52:32 31/07/2024Quoc Cuong Gia Lai Joint Stock Company (Quoc Cuong Gia Lai) held its annual General Meeting of Shareholders (AGM) in 2024. Cuong Dola replaced his mother to find the source of money to repay debt, and at the same time mentioned Ms. Truong My Lan.