Businessman Nguyen Dac Diem. Photo: Hung Ngan Group

Possessing many advantages in terms of economy, tourism, culture, plus abundant land fund and high profit potential, Lam Dong is a market that is receiving the attention of many real estate giants, such as Novaland, Him Lam, Van Phu, Dai Quang Minh or recently Hung Ngan Housing and Trade Investment Joint Stock Company (Hung Ngan Group).

Accordingly, in May 2021, Hung Ngan Group submitted a proposal on surveying, funding planning and implementing the Nam Song Da Nhim urban area to Lam Dong People's Committee. The project is proposed with a land use scale of up to 230 hectares, of which 45 hectares are located in Phu Hoi commune, Da Nhim district and 175 hectares will be located in Lien Nghia town with many proposed construction items such as: Hotels, commercial centers, services, residential areas, etc.

Hung Ngan's proposal to invest in a project of hundreds of hectares has attracted great attention from investors, but it should be known that Hung Ngan Group has previously been the investor of a series of prime projects stretching from North to South such as Cua Can Eco-tourism Area (Phu Quoc, Kien Giang), Hung Ngan Garden project (District 12, Ho Chi Minh City, 2.75 hectares, total investment of 1,880 billion); High-rise apartment residential area project in Go Vap District, Ho Chi Minh City (2.973 hectares, total investment of 2,140 billion); Hung Ngan Phu Quoc Tourist Area (20.4 hectares, total investment of 2,350 billion), financial and warehouse commercial area on both sides of the road leading to Bac Luan Bridge, Quang Ninh (181.38 hectares, total investment of 8,000 billion)...

Hung Ngan is also very active in developing projects in Yen Phong district, Bac Ninh province - the hometown of businessman Nguyen Dac Diem, founder of Hung Ngan Group with the Urban and Service Area Project in the West of Cho Town, Sub-area A (scale of 246.36ha, total project investment capital of more than 3,569 billion VND); the project to upgrade TL.286 from Cho Town to Do Lo Bridge, Yen Phong district, Bac Ninh province under the BT form with a total cost of more than 277 billion VND.

Hung Ngan Group was established in 2007, registered to operate mainly in the real estate business. As of April 24, 2018, this company had a charter capital of VND 1,500 billion, of which 96.82% of the charter capital was owned by Mr. Nguyen Dac Diem, while Mr. Diem's ​​son, Mr. Nguyen Dac Hung, held 1.59%.

Currently, the Hung Ngan Group ecosystem also includes a number of member companies operating mainly in the real estate business sector, namely Yen Hung Commercial Construction JSC, Road 286 Investment LLC, Thien Ngan Real Estate Management Services JSC (Thien Ngan Services), Hung Ngan - Phu Quoc LLC, Wastewater Treatment Investment LLC and Hung Ngan House JSC (Hung Ngan House).