Following the unfortunate incident at Quoc Cuong Gia Lai JSC (QCG), CEO Nguyen Quoc Cuong, who is also the Chairman of C-Holdings, took the time to address customers’, investors’, and the media’s inquiries regarding the development strategies of the two companies he concurrently manages, at a recent event announcing C-Holdings’ new project in Binh Duong.
Mr. Cuong introduces C-Holdings’ third project to customers
“The two companies operate independently, and my role at QCG does not influence the separate entity in Binh Duong,” Mr. Cuong began.
Regarding QCG, Mr. Cuong shared that the company held its shareholder meeting in late July, where financial information was disclosed. He explained that he has not been actively involved in managing QCG for many years and is not a core member, so he now needs time to reacquaint himself with the company and formulate strategies for its next phase.
CEO Nguyen Quoc Cuong with C-Holdings’ leadership team and partners at the new project launch event in the center of Thuan An City, Binh Duong Province
Meanwhile, at C-Holdings, Mr. Cuong shared that since leaving QCG in 2018, he and his team have built their own brand, focusing on real estate development in Binh Duong Province. All activities, he assured, are separate and have their own distinct development strategies and paths. There has been no connection or constraint with QCG during this process.
After five years and several projects, the team at C-Holdings has gained significant experience and established their capabilities, earning trust from the market, partners, banks, and especially customers. As a result, Mr. Cuong believes there won’t be many challenges ahead for C-Holdings as the company has had a clear and professional direction from the start.
C-Holdings’ projects are gradually building trust with customers and investors
Mr. Cuong provided evidence of this by explaining how C-Holdings’ projects are geared towards delivering value to customers in terms of product quality, living environment, utilities, construction, and legal aspects. For instance, despite the challenges posed by the COVID-19 pandemic, the C-Sky View project was completed as promised, and customers received their pink books (land ownership certificates) just six months after the handover. The same can be said for the The Maison project, which will be handed over to customers within three years, with subsequent steps mirroring those of C-Sky View.
“As we undertake more projects, we gain a deeper understanding of our customers’ needs and desires for their future homes,” Mr. Cuong revealed, hinting at C-Holdings’ third project in the center of Thuan An City, Binh Duong Province.
CEO Nguyen Quoc Cuong speaks about C-Holdings
Mr. Cuong affirmed that this project offers the most competitive pricing in the Thuan An market, considering the amenities and product quality. Additionally, as the Land Law changed after August 1st, resulting in increased land use fees and taxes, C-Holdings had the foresight to complete the project’s legal paperwork before this date, and the developer has committed to maintaining the original pricing, ensuring that customers benefit the most.
Mr. Nguyen Quoc Cuong (born 1982, Gia Lai), graduated with a degree in Management and Business Administration from the University of New South Wales in Sydney, Australia, in 2003. At just 24 years old, he became the Vice President of QCG. However, in late 2018, after 13 years with the company, he decided to resign to focus on his own ventures, establishing Chanh Nghia Quoc Cuong Company, later renamed C-Holdings JSC, headquartered in Chanh Nghia Ward, Thu Dau Mot City, Binh Duong Province.
