CEO Group, a leading Vietnamese conglomerate, has recently announced its resolution to establish a new subsidiary.
As proposed by the CEO, the company’s board of directors has approved the investment in establishing an industrial park development company with a chartered capital of VND 450 billion. CEO Group will hold a 99% stake in the new company.
The new company’s primary business will be real estate and land-use rights trading. Mr. Cao Van Kien has been appointed as the legal representative of the new company, while Mr. Doan Van Binh will be the authorized representative managing the contributed capital.
CEO Group’s 2025 Annual General Meeting
In other news, CEO Group held its second Annual General Meeting for the year 2025 on May 8.
For the year 2025, the Group has set a target of VND 1,543 billion in consolidated revenue and VND 182 billion in consolidated after-tax profit, representing a 10% growth compared to 2024.
The meeting also outlined key tasks for the year, including cost control, service improvement in urban and resort areas, enhancing competitiveness, strengthening business operations, and efficient utilization of commercial spaces. The Group also aims to continue restructuring its organization towards a leaner and more effective structure, recruiting and training young leaders for both the Group and its member companies, and finalizing legal procedures for key projects in Quang Ninh, Hanoi, Ha Nam, Khanh Hoa, and Kien Giang provinces.
Notably, in 2025, CEO Group officially introduced Sonasea Sparkling to the market, a high-rise beachfront apartment complex within the Sonasea Van Don Harbor City complex.
The Group also plans to expand its land fund in potential locations with excellent infrastructure connectivity and abundant human resources. Priority will be given to developing mixed-use urban areas and industrial parks, as well as completing the Group’s resort chain. Ensuring sufficient financial resources for production and business activities, strengthening relationships with credit institutions, especially the Big4, and continuing collaborations with domestic and foreign partners are also key focuses. Furthermore, CEO Group will actively promote digital transformation and AI integration in governance and operations, along with the continued implementation of ESG initiatives.
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The Evolution of Vietnam’s Industrial Zones: Positioning for the ESG and Digital Transformation Era
The Vietnam Industrial Park Development Forum 2025 focuses on pivotal topics such as sustainable industrial park development orientations for the 2025–2030 period, promoting infrastructure investment linked to socio-economic development, and establishing eco-friendly and smart industrial park models.
Grab’s CEO Seeks Government Partnership to Advance an Issue of Special Interest to Vietnam: What Did the Prime Minister Propose?
“During his visit to Ho Chi Minh City, the CEO of Grab took an early morning coffee with drivers, starting at 4 am. This initiative showcases the company’s commitment to fostering stronger relationships with its partners and improving the quality of life for Vietnamese citizens. Grab’s CEO expressed his desire to further collaborate with the Vietnamese government, emphasizing the company’s role in positively impacting the lives of people across the country.”
