Trinh Van Quyet

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Trinh Van Quyet
Trinh Van Quyet, President of FLC Group
Born	(1975-11-27) November 27, 1975 (age 46) Vĩnh Tường, Vĩnh Phúc, Vietnam
Occupation	chairman & CEO of FLC Group chairman of Bamboo Airways
Known for	Owner of FLC Group Owner of Bamboo Airways

Trinh Van Quyet (born November 27, 1975)^[2] is a Vietnamese entrepreneur and has become the second dollar billionaire in Vietnam's stock market since October 27, 2016 with the holding of 22.7 trillion dong ($1.02 billion).^[3]

Currently, Quyet is in possession of 108.86 million FLC and 279.5 million ROS shares.^[4] At the close on November 11, 2016, with the combined value of ROS and FLC shares, Quyet's holding amounted to over 31 trillion dong ($1.395 billion). Trinh Van Quyet has taken the place of the richest man in Vietnam's stock market, which originally belonged to Pham Nhat Vuong, Vingroup's Chairman for a substantially long time. However, with a surge in price, VIC shares have closed down the gap between Quyet's and Vuong's holdings. According to CafeF,^[5] the session will forever go down as the day of the "lightning fight" for the position of the richest man in the stock market.

At the close on November 11, 2016, the total holding of Quyet which amounted to $1.371 was only $31.86 million behind Vuong's.^[6]

In July, 2014, Forbes Vietnam has published the article "A lawyer doing business" focusing on Trinh Van Quyet^[7] who has attracted great attention with a series of major real estate projects. "A right time to invest and a right moment to get "risky" are what led to the successes of FLC Group's Chairman Trinh Van Quyet," states Forbes.^[8]

Family[]

Trinh Van Quyet was born and raised in , Vinh Tuong, Vinh Phuc. His father, Trinh Hong Quy, and mother, Do Thi Giap, were civil servants.^[9] "Studying at university, Trinh Van Quyet showed a great passion for business. In the second year of university, he founded the Tutor Office - one of the first tutor centers in Hanoi and gradually shifted to phone business. Phones or mobile phones back then were regarded as "hot" products generating fairly high profit which he used to support his sister's studying and open SMiC after graduating from university."^[10]

Contribution[]

Forbes has regarded FLC Group's incredible growth as "a rare story in the real estate sector" and considered Trinh Van Quyet as a role model in the new entrepreneur generation^[11]

"Last year, everyone is concerned if FLC Group can achieve what they promise. But this year, I see not a hint of worry. FLC Samson Beach & Golf Resort has greatly contributed to Thanh Hoa's tourism and the North Central Region," states Vice Chairperson of the Vietnamese National Assembly, Uong Chi Luu, at the inaugural ceremony of FLC Samson Beach & Golf Resort.^[12]

Awards[]

At the age of 41, as FLC Group Chairman and the General Director of SMiC Company, Trinh Van Quyet has received a series of awards from trusted organization and the government.^[13]

References[]