Mr. Dang Nguyen Nam Anh, son of KBC Chairman Dang Thanh Tam, has been appointed as Deputy General Director in charge of project development at Kinh Bac Urban Development Corporation (KBC). Previously, Nam Anh led KBC’s representative office in Hanoi. He was present at the signing ceremony between Trump Organization and Hung Yen Investment Group in October 2024, a subsidiary of KBC.
KBC’s revenue last year was reported at 2.776 trillion VND, a decrease of 50.6%, with net profit dropping to 550 billion VND, down 79.5% compared to the previous year. However, the business plan for 2025 projects revenue of 10 trillion VND, 3.6 times that of 2024.
KBC is expected to thrive with numerous industrial projects underway, such as Trang Due 3 and Loc Giang, with support from banks and local authorities. KBC’s CEO announced that the company will attract significant investors in the near future.
Leave a Reply