Nguyen Ngoc Huyen My: Cuong Do La's younger sister, once in the top 8X richest billionaires in Vietnam

Despite being so famous, few people know that Cuong Do La also has a younger sister who is as rich as her older brother. She is one of the "right-hand women" of mother Nguyen Thi Nhu Loan.

Many people were quite surprised to learn that Ms. Nguyen Thi Nhu Loan also has a daughter in addition to her son Cuong Do La. This is easy to understand because when talking about Quoc Cuong Gia Lai, almost everyone only thinks of young master Cuong Do La with his hobby of luxury supercars. In fact, Cuong has a younger sister named Nguyen Ngoc Huyen My (born 1983), who is a famous businesswoman.

Huyen My is rarely mentioned because the shadow of Ms. Nguyen Thi Nhu Loan and Cuong Do La is too large. But in terms of ability, this girl is not inferior to her brother or mother, and is even better than Cuong.

Many newspapers have written that, when initially naming the business Quoc Cuong Gia Lai, businesswoman Nguyen Thi Nhu Loan placed a lot of expectations on her only son - Nguyen Quoc Cuong, but this seems to be the case. not very positive. The reason is said to be that Cuong could not stand the pressure of doing business and responding to customers. Cuong then officially withdrew from all positions in the family company and followed his own direction. At the same time, her youngest daughter Nguyen Tran Huyen My appeared as Ms. Loan's right hand.

Huyen My is considered an important figure of the Cuong Do La group as she always advises Ms. Loan in big deals. In 2013, although she did not hold a key position at Quoc Cuong Gia Lai, Huyen My was still considered a pillar of the group. Cuong Do La's younger sister owns 180,000 QCG shares (as of 2013). She also often participates in this group's "cash flow" transactions.

In addition, Cuong Do La's younger sister is also the name of a number of important businesses in the Quoc Cuong Gia Lai ecosystem, notably Quoc Cuong Land Investment Joint Stock Company with the role of developing and distributing real estate projects for Quoc Cuong Gia Lai.

According to Quoc Cuong Gia Lai's previous consolidated financial report for the fourth quarter of 2013 - As of December 31, 2013, Nguyen Ngoc Huyen My received an advance of 98.3 billion VND and paid an advance of 71.7 billion VND. QCG also had to receive an advance payment of up to 773 million VND.

Not only that, the most "huge" amount of money to mention is Huyen My's transaction with QCG amounting to nearly 191 billion VND. This amount is recorded as "advance payment".

In the second quarter of 2013, Huyen My was both a "debtor" and a "creditor" of this group. Specifically, Nguyen Ngoc Huyen My lent QCG more than 102.6 billion VND.

In 2020, Huyen My is the second largest shareholder in Quoc Cuong Gia Lai (only after Ms. Loan). At that time, she held nearly 39.4 million shares, equivalent to 14.3% of QCG capital. At the same time, Cuong Do La only held 0.2% of QCG capital.

Huyen My is currently the wife of Chinese businessman Lau Duc Duy (born 1980). Her husband is behind Dai Nam Investment Trading and Services Company Limited, which owns a series of famous real estate properties in District 1, Ho Chi Minh City such as: Lavender Hotel, Lavender Shop, Amena Apartment, Central Lavender Hotel. Not only that, Huyen My and her husband also regularly give money up to thousands of billions of dong to their family business without any interest, becoming a major creditor of Quoc Cuong Gia Lai.

Ms. Nguyen Thi Nhu Loan's daughter was in the Top 10 richest 8X businessmen in Vietnam in 2015, Top 100 richest people on the stock market.

Despite playing a major role at Quoc Cuong Gia Lai and being one of the most successful young businesswomen in Vietnam, Nguyen Ngoc Huyen My rarely appears in front of the press. However, in the rare images previously revealed, it can be seen that Cuong Do's sister possesses a beautiful appearance that is not inferior to any other beauty.

On July 19, the Ministry of Public Security said that the Police Investigation Agency had prosecuted the suspect and detained him; search warrant for Ms. Nguyen Thi Nhu Loan (General Director of Quoc Cuong Gia Lai Joint Stock Company) for "Violating regulations on management and use of State assets causing loss and waste.

It is known that the above decision is in the process of the Ministry of Public Security investigating the case that occurred at Vietnam Rubber Industry Group, Dong Nai Rubber Company, Ba Ria Rubber Company, Ministry of Natural Resources and Environment and related units.

The same morning, dozens of mobile police, investigators and prosecutors executed a search warrant at Ms. Loan's residence at the villa on Tran Quoc Thao Street, District 3; with many boxes of documents and papers seized to serve the investigation.

The Police Investigation Agency of the Ministry of Public Security is consolidating documents and evidence regarding the violations of the defendants who have prosecuted, and at the same time, continuing to expand the investigation of the case, clarifying other violations of the Company. Quoc Cuong Gia Lai Joint Stock Company and related units and individuals, apply legal measures to thoroughly recover assets for the State.

Before this information, brothers Cuong Do La - Huyen My kept silent and did not share any related information. On social networks, Dam Thu Trang and her husband also hide all posts and block comments on their personal pages. This is said to be a move to "avoid the storm" by Ms. Nguyen Thi Nhu Loan's children during a sensitive time.

Cường Đô La lộ diện sau khi mẹ bị bắt, diện mạo gây chú ý sau loạt động thái lạ Nguyễn Kim09:17:39 31/07/2024Mới đây, Cường Đô La lần đầu lộ diện sau những ồn ào liên quan đến mẹ là bà Nguyễn Thị Như Loan và công ty Quốc Cường Gia Lai. Trước đó, nam doanh nhân và vợ là Đàm Thu Trang cũng gây chú ý với động thái lạ trên mạng xã hội.