The conversation between business man and Mr.Nguyen Hoang, Chairman and CEO of N&G Investment and Development Corporation (N&G Corp) turned out to be a bright, in contrast with the opening sentence story. The cold sky outside the windows appear sunshine

The first days of 2013 when Lunar New Year is coming very nearly, with large number of Vietnamese businesses, each day pass, anxieties are growing. Then history will record the year of 2012 as a year of events from politics, economy and society on the global scale. So, our story could not mention the word "crisis". Especially N&G Corp. is a real estate company.

ECONOMIC CRISIS LEAVE SCARS

Question: In my mind, you may be sitting on a fire because the real estate projects have not started yet? You started your project so how are you following?

Answer: In 2013, N&G Corp will begin construction of new residential project in Huynh Thuc Khang street (Hanoi), expected after 18 months to be completed. Beside the object of project to resettle for households, N&G Corp will use 6 floors for office and commercial center. In addition, the 2ha project in Sai Dong nearby an urban area invested by Malaysia which was planned to develop in housing model for low-income people.

Question: The comments from experts like next 10 years, Hanoi can be able to consume the amount of office floor, and we can’t predict when apartment markets thaw...it makes you feel cold because of overproduction?

Answer: N&G Corp. is not afraid of overproduction in the market, because in the complex project in Huynh Thuc Khang Street, most office area supports for expanding the branch of TienPhongBank, of N&G Corp. and Japanese enterprises who invest in Hanoi Southern Supporting Industrial Park. The low-income housing projects in Sai Dong will satisfy the needs of the most potential segment today.

Question: In the capital of Malaysia with the bare frame building contrast clearly with the skyscrapers buildings. It is as evidence of wrong investment. In Vietnam, do you think the crisis has helped to prevent "flood" real estate investment?

Answer: Mostly society adjust crisis from a negative perspective. For me, the crisis certainly leaves scars for the economy and the business ourselves. Every time I look these scars as a reminder to avoid bogged down in the trail vehicle. The fortune of N&G Corp. has escaped from the wild harsh return of many businesses desires grow as miracle. Whether the desire for profit also, N&G Corp. have dominated them due to the shareholders with too much experience in success or failure. So, in fact N&G Corp is the real estate business, but N&G Corp. has specialized in own way, investment into  Hanssip, large-scale industrial support, the first depth in Vietnam.

Question: If we consider the crisis as the expense, the lessons for N&G Corp and your personal?

Answer: I think that now enterprises know conquer their greed, not to follow the movement. A successful business has to know who you are as well as to find out the specific areas for investment.

 Conquer the greed and share opportunity

Question: A turbulent year has gone, a year with the forecast is not bright just started, how is your mood? With gray color cover, do you have anytime you want to give up?

Answer: I also sometimes feel tired. I have ever asked myself why I have had to overwork. I've ever wanted to let it run its course, but when I look at the mirror of Mr. Do Minh Phu, chairman DOJI Corporation, 60 year olds, he still devoted, still work hard and dare to venture into new fields such as investment in TienPhong Bank and Supporting Industry I find myself to be added strength in order to learn and come over difficult things. The most important thing is that I find the destination job that I am pursuing - contribute to the development of Vietnam supporting industry. When I aware this that means to find the resources for myself.

Question: There is a real estate investor complained to me that, if the pass time he could spend billion per day, now he has to think carefully before he spend million. How about N&G Corp is when it implements various projects in 2013, isn’t it?

Answer: Our order of priority, we will develop a meaningful thing to the community like investing completely in infrastructures for Hanssip by the end of this year to hand over available ground to Hanel Company that developer “Hanel supporting industries Complex", prior investing low-income houses for worker, taking over and operating the vocational training schools to provide labours for the industrial park and export labor to Japan. Especially, Hanssip will have orphanage where will willingly take care orphans.

Question: Do the corporation with DOJI –specifically TienPhongBank and Hanel help you feel more confident about funding?

Answer: I would like to share the opportunity with our strategic partners to the resonance strength. Hanel is the first business having experience as an investor of industrial zones in the north and still identified strategic objectives is high-tech investment, supporting industries. DOJI lead 500 enterprises in the ranking “Vietnam 500 Top Business 2012”. Practical experience from Hanel, performance ability from the N&G Corp; financial investments experience from DOJI and above all, the convergence of the wish promote the supporting industry which will support to create ornamental bond for links in order to ensure the success of Hanssip.

Question: But an enterprise supports for supporting industries that is required loans to invest into Hanssip through N&G Corp., if is there the spirit of fair competition?

Answer: DOJI identified to develop TienPhongBank as a specialized supporting industrial bank - businessman. We will be enlightened with the loan of supporting interest rate.

And the requirement business who working with N&G Corp. and invest in Hanssip is an efforts to control effectiveness loan.

Question: Do you agree with the statement, Vietnamese enterprises lack of links? And strength of the wand only exists in theory?

Answer: Yes, I do. But I believe from the success and failure in the business community's recently will find direction and invest effectively. The truth that Uncle Ho has concluded "The more solidary we make, the more successful we get"

Question: Do you think about replying this model after Hanssip? Or "export" this model to open countries which attract investment, lacks experience in developing infrastructure like Myanmar?

Answer: Vietnam has 280 industrial parks, contributing about 40% of the export value and industrial production value reached 35-40% of the total industrial production value of Vietnam. Unfortunately that 1/3 of them is empty or exploited inefficiently. Why do we have Hanssip? This is a specialized industrial park. We hope, from Hanssip’s experience, more than 100 vacant industrial park will have real business models to find out the way and invest efficiently. We also do not except investment opportunities and replicate Hanssip in different provinces. We have not counted yet to invest abroad because we see many opportunities in Vietnam which is still very enough for N&G Corp to pursue.

TRAINING ENTREPRENEURS WITH THE NATIONAL SPIRIT

Mr Hoang would like to share with Entrepreneurs about preoccupation how society will have different look: fairer as well as will add strength to build enterprises with the spirit of the old soldiers. What happen if we blow up enthusiasm in the business and create enterprises with the spirit of Vietnam?