Shark Hung is the longest-standing “shark” in Shark Tank Vietnam, from the first season to the present. He is known as the “living encyclopedia” due to his extensive knowledge in various fields, along with insightful analysis and advice for startups.
In addition to Shark Tank Vietnam, the “shark” also seeks many investment opportunities outside of the show. In a recent panel discussion, when asked “Where is your money?”, Shark Hung candidly shared about his investment portfolio.
He revealed that he is allocating about 30% of his investment capital to business activities. Specifically, Shark Hung is actively investing in and promoting the brand of Hacoocha tea, investing in raising Kobe cows, and investing in cultivating Ngoc Linh ginseng.
Furthermore, the “shark” is also a major investor in the craft beer company Ibiero. “This is a startup that I invested a very small amount of capital in, equivalent to only a few billion VND, but the enterprise value is now hundreds of billion VND,” Shark Hung said. Ibiero currently has a beer production plant in Phu Dien Industrial Zone, Co Nhue 2 Ward, Co Nhue, Bac Tu Liem, Hanoi, with a total area of 1000m2. In addition, the brand has 7 restaurants in Hanoi and Ho Chi Minh City.
This investor also doesn’t miss the trend of electric vehicles. Shark Hung attended the launch event of the Vietnamese market for Haval cars as a shareholder. Becoming a shareholder of Haval Vietnam marks Shark Hung’s return to the automotive industry after 20 years. Before becoming famous in executive positions at large enterprises, Shark Hung started as a service quality system staff of automobile companies. From 1996 to 1997, he was in charge of the Toyota Quality Service (TQS) system, under the Marketing Department of TOYOTA Motor Vietnam.
Shark Hung is introduced as a shareholder of Haval Vietnam
In the field of healthcare and aesthetics, Shark Hung has invested in a cosmetic center and a lab specializing in producing porcelain teeth and veneers. He remarked that Vietnam has the advantage of cheap labor, skilled craftsmanship for meticulous and artistic products. Moreover, these products are very expensive in foreign markets.
“When it comes to aesthetics, South Korea and Thailand are famous for making teeth, but dental work in Vietnam is also renowned in Asia. We own the technology to produce dental veneers, with the expectation of becoming a billion-dollar brand, exporting worldwide,” he said. “Vietnam has a great advantage in dentistry, it is rapidly growing and becoming one of the best dental destinations in the world. Not only overseas Vietnamese, but foreigners also come here for dental work. We provide it at a much cheaper price compared to the foreign market.” Shark Hung expects to open 1-2 labs in each country to produce directly and provide for dental offices in that territory.
In addition to business investment, Shark Hung allocates 15-20% of his investment capital to gold since the Covid period. “Regardless of natural disasters, epidemics, or wars, gold is always a safe-haven asset with high liquidity,” he said.
Shark Hung is also involved in stock investments. However, as Cen Land is currently listed on the stock exchange, he only invests in some stocks to “monitor the market.”
Meanwhile, even though he is the Vice Chairman of Cen Land – a large real estate brokerage company, Shark Hung revealed that he has nearly withdrawn all properties that do not generate sufficient cash flow in Vietnam.
