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A 28-Year Quest for A Convenient and Beneficial Ecosystem
14:00 | 01/02/2024

​Guided by the principle of "conducting business with an objective of enhancing community well-being and addressing societal issues," TNG Holdings Vietnam has made significant strides and accomplishments over the course of its 28-year journey.

Three "paving-the-way" instances and strategies to establish a convenient and beneficial ecosystem

“Over the course of 28 years, we have consistently expanded into new business sectors, innovated in product and service offerings, and established an interconnected ecosystem. Only then can TNG achieve the initial aim of providing 'a convenient and beneficial life' for Vietnamese people and customers," said Ms. Nguyen Thi Nguyet Huong, Chairwoman of the Board of Directors of TNG Holdings Vietnam.

When discussing TNG Holdings Vietnam's efforts to establish a prominent multi-industry corporation in Vietnam, it is essential to highlight the three strategic initiatives that are vital in creating an increasingly convenient and beneficial ecosystem.

The first strategic initiative took place in 1996, when the organization's founder made her initial mark on Vietnam's economic landscape. In 1996, Ms. Nguyen Thi Nguyet Huong, who had spent several years studying and conducting business in Russia, came back to her native country and, together with her colleagues, established Nam Thang Joint Stock Company - the first precursor of TNG Holdings Vietnam. Nam Thang Joint Stock Company specializes in investing in the shoe processing industry for the purpose of exporting.




The founder of the group justified this move by stating, "In 1996, we conducted a survey which revealed that approximately 7% of urban workers were experiencing underemployment. In order to address the labor issue and meet the growing demand for exported goods, we made the decision to go into a new investment sector. This move has resulted in the employment of 3,000-3,500 workers and generated an average annual income of around VND 20 billion for the company as a whole."

TNG Holdings Vietnam's second strategic initiative was documented throughout Vietnam's involvement in international trade accords spanning from 2001 to 2017. TNG Holdings Vietnam quickly took advantage of the chance to increase their investment in industrial real estate. Thus far, the organization has possessed 14 industrial parks, enticing over 500 investors from 22 nations and territories. Furthermore, it has significantly contributed to the establishment of secure employment opportunities, enhancing the convenience and overall well-being of hundreds of thousands of people in the regions involved in project investment.

In 2014, TNG Holdings Vietnam achieved a significant milestone by commencing the construction of residential real estate projects. This initiative aimed to establish a comprehensive range of products and services under the TNR Holdings Vietnam brand, with the goal of enhancing the convenience and quality of life for people throughout Vietnam. This event also signifies the third strategic initiative. TNR Holdings Vietnam has rapidly established itself as a prominent real estate investor and developer, offering the market a wide range of almost 20,000 housing products and over 300 projects around the nation.

In addition to the three strategic goals, there are a set of action decisions aimed at enhancing the convenience and benefits of the ecosystem on a daily basis.

Towards the goal of sustainable development

Upon the arrival of 2024, significant transformations persistently unfold at TNG Holdings Vietnam. The leadership has prioritized developing operations on a sustainable path, considering the rapid expansion of the technology revolution and the many community and environmental challenges. The organization's leadership prioritizes management techniques, cultural consolidation and development, and repositioning.

With the orientation of promoting key business areas, the organization continues to maintain its strengths in real estate activities, financial investment, and service fields such as hotels, asset management, human resources services, information technology, and other areas in an in-depth direction with all of its existing advantages and upgrades to make a difference.




Particularly in a globalized corporate climate where Vietnam is becoming more closely integrated with the rest of the world, the copyright of the brand is recognized, and the brand itself becomes an asset of great value to the organization. As a matter of fact, we have witnessed a great number of local and international companies making adjustments to their trademarks in order to better accommodate their scale and development direction.

In the opinion of industry professionals, brands play a significant part in the process of establishing a company's reputation, which in turn assists businesses in attracting brilliant individuals and establishing trust among customers. Professor Rita McGrath, an American specialist on corporate governance, previously underlined that in the 4.0 age, brand is a fundamental element that delivers efficiency in business operations, producing numerous different marks for organizations in the market.

The brand strategy of TNG Holdings Vietnam is going to undergo significant transformations as we go into the year 2024. Traditional values will continue to be promoted, while at the same time, creativity and innovation will be encouraged.

"As we fortify the new path of development in the organization's partnership with customers, partners, and employees, business combined with the objective of bettering community life and resolving social issues will remain a steadfast compass," declared the leader of TNG Holdings Vietnam.

TNG Holdings Vietnam has been steadily expanding its convenient and beneficial ecosystem for the past 28 years. A spokesperson from TNG Holdings Vietnam stated that the organization consistently gathers internal resources in order to be prepared to take advantage of chances, progress, and achieve new objectives.

TNG Holdings Vietnam is confident in awaiting new chances for the betterment of the lives and future of the Vietnamese people, given the accomplishments made in the path of building and development.

 


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