Van Hanh Mall owner makes shocking decision after 3 consecutive incidents, pitying 1000 employees

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Mr. Tran Le Nguyen (born in 1968) is known to many people as the main investor of Van Hanh Mall - a large commercial center located in District 10, Ho Chi Minh City. Besides, he also holds leadership and key positions in many corporations.
Van Hanh Mall is one of the largest and most famous shopping centers in Ho Chi Minh City located in District 10. Van Hanh Mall has a total construction area of up to 90,000 m2, commercial area of 55,000 m2 with many famous brands.
The main investor of this center is Mr. Tran Le Nguyen (born in 1968), General Director of KIDO. This is also the second center that Mr. Nguyen has invested in, after the Hung Vuong Plaza commercial center project.
Currently, Mr. Tran Le Nguyen is holding leadership and key positions in many corporations such as: General Director of KIDO Group, Chairman of the Board of Directors of Tuong An Vegetable Oil Joint Stock Company, member of the Board of Directors of KIDO Real Estate Joint Stock Company and KIDO Frozen Food Joint Stock Company.
Mr. Tran Le Nguyen studied Business Administration at the University of Economics, Ho Chi Minh City. In the 1990s, Tran Le Nguyen was a young man working at a food processing factory in District 1 (Ho Chi Minh City). Seeing confectionery from Thailand and other countries flooding the domestic market, but with prices that were too expensive for consumers, Mr. Nguyen also had a desire to develop a career in the food industry.
Before starting her business, Tran Le Nguyen spent many years studying baking in high school and 5 years at a food processing factory. After many successes and making a mark on the market, from a family business, Kinh Do transformed into a public company in 2002 and listed its shares on the stock market.
In addition to the confectionery business, KIDO Group has also expanded its operations into the real estate sector with its first product being Hung Vuong Plaza, and then Van Hanh Mall. In its development strategy, the company aims to become a multi-industry corporation including food, real estate, finance and retail.
In May 2023, KIDO's report said that while the economy was in recession and people were tightening their spending, in the first 4 months of the year, Van Hanh Mall still reached nearly 1 million visitors per month, double that of 2019. After 3 years of the pandemic, Van Hanh Mall still operated well, with high revenue and 100% occupancy rate.
At the same time in 2023, Mr. Tran Le Nguyen announced that he had taken over the premises that Parkson rented at Hung Vuong Plaza, with the expectation of creating a second Van Hanh Mall. The project has 7 floors from the 1st to the 7th floor, with a commercial floor area of 30,000m2. Of which, the rental area is 25,000m2, with entertainment space accounting for 16%, the Food court accounting for 31% and Retail - Services accounting for the largest with 53% of the total area of the center. The total investment capital for this project is 200 billion VND.
Get along with your brother
Few people know that the person accompanying Mr. Tran Le Nguyen to steer the family business is his real brother - Tran Kim Thanh (born in 1960) - Chairman of the Board of Directors of KIDO Group. Many people often think that business brothers working together in the market will often find it difficult to get along, but with this pair of brothers, there are many special things.
Brothers Tran Kim Thanh and Tran Le Nguyen started their career in the confectionery industry while working in a small family bakery.
It can be said that it was a long and arduous process to build the current "empire" of the two business brothers. During the time working together, Mr. Tran Kim Thanh and Mr. Tran Le Nguyen often heard from outsiders that they were surprised that a pair of brothers could work together smoothly for so many years in the business world.
Sharing about this, Mr. Tran Le Nguyen said that there were conflicts when working together, but fortunately, the two brothers each had their own role. While Mr. Nguyen was more inclined towards strategic research, exploiting and developing new products, his brother was strong in administration, internal operations, training, coaching employees as well as building systems, processes, operations, etc.
The personalities of the two brothers are also somewhat opposite, as Mr. Nguyen is an ambitious person who wants to go fast and expand continuously. Meanwhile, his brother - Mr. Tran Kim Thanh is the one who "steps on the brakes", wanting to slow down. However, Mr. Tran Le Nguyen once revealed that the combination of the two helps KIDO avoid many risks and over the past few decades, the older brother has always been the one to give in and follow his younger brother's wishes more.
This pair of business brothers also have times when they confide in each other and have a promise, a commitment that needs to be kept since their mother was still alive. That is when doing business, in the company there may be conflicts, arguments with each other to reach the final result, but in real life, both of them always maintain their brotherly love, closeness, and mutual protection.
It is known that in addition to his brother Tran Kim Thanh, Mr. Tran Le Nguyen also has two younger brothers, Tran Vinh Nguyen and Tran Quoc Nguyen. Mr. Tran Quoc Nguyen is currently a member of the Board of Directors, Deputy General Director of Kido Group and CEO of Tho Phat. However, these two younger brothers are quite secretive and do not often appear in the media.
Quiet, talented wife
In addition to his brother Tran Kim Thanh, who also built a leading food corporation, Mr. Tran Le Nguyen also has the companionship and support of his wife.
Ms. Vuong Ngoc Xiem is one of the founding members, currently a member of the Board of Directors and Deputy General Director of KIDO Group. Ms. Xiem has more than 20 years of experience in operating retail chains and franchising Bakery chains. Therefore, she has contributed a lot to the management and operation of the business since its early days. Currently, she also plays a key role in the management team and has helped the Group develop and succeed over the past decades.
Mr. Tran Le Nguyen and his wife have 3 children, the most prominent of which is daughter Tran Tuyet Van (born in 1996). She studied abroad in the US, then returned to Vietnam to study and develop the family business. However, both Mr. Nguyen's wife and children are very private, rarely appearing in public.
Information about Ms. Vuong Ngoc Xiem mainly revolves around her ownership of shares in the Group. In addition, stories related to the daily life of the Van Hanh Mall owner and his wife are not published.
As of early 2025, Ms. Vuong Ngoc Xiem owns nearly 4.6 million KDC shares, equivalent to 1.58% of capital.
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