Real Estate Trading and Service Joint-Stock Company Hoang Quan (Hoang Quan Real Estate, stock code: HQC) has just announced the decision to dismiss and appoint a new CEO effective June 9th.

Accordingly, Mr. Nguyen Long Trieu (born in 1984) was appointed as the new CEO of Hoang Quan Real Estate, replacing Mr. Nguyen Thanh Phong.

Mr. Phong had been the CEO of Hoang Quan Real Estate since 2020.

Social housing project by Hoang Quan Real Estate

According to the company’s announcement, Mr. Nguyen Long Trieu, a native of Kien Giang, has a background in finance and banking. He served as Deputy CEO of Hoang Quan Real Estate since mid-2018 and was directly in charge of business operations.

Mr. Trieu also used to be the CEO of Hoang Quan Can Tho Real Estate Investment Company, a linked company in which Hoang Quan holds 39% of the capital.

At the annual shareholder meeting held last month, Hoang Quan Real Estate set a target of VND 1,000 billion in revenue, with 80% coming from a project of 1,642 social housing units in Tay Ninh Province, and a profit target of VND 70 billion – the highest in the last 10 years.

Mr. Truong Anh Tuan, Chairman of the Board of Hoang Quan Real Estate, stated that this year and in the coming years, the company will have many opportunities to develop as the Government has been promoting social housing.

Hoang Quan Real Estate plans to complete at least 5,000 social housing units in 2025 and invest in other projects, prioritizing the purchase and merger of legally-compliant projects. In addition, the company also seeks to renovate old apartments in Ho Chi Minh City and neighboring provinces.

You may also like

A New Era for Dia Oc Hoang Quan: Unveiling Our Dynamic CEO Transition

As of June 9, 2025, Hoang Quan Trade Service Real Estate Consulting Joint Stock Company (HOSE: HQC) has appointed a new President and CEO.

The New Housing Boom: Accelerating Social Housing in Khanh Hoa

“Khanh Hoa accelerates the deployment of the Government’s 1 million social housing scheme with the approval of the detailed planning proposal for the Hung Phu II Social Housing Project.”

The New Income Rule and Its Impact: Why It’s Harder to Buy Social Housing

“The notion that only those earning less than 15 million VND per month are eligible for social housing is outdated and unrealistic. In today’s economic climate, this income threshold cannot be considered high, and many argue that it is no longer a suitable qualifier for social housing initiatives.”

Unlocking Homeownership: Empowering Young Buyers with Credit Solutions

Introducing an exciting opportunity for young homebuyers: Nine leading banks are now offering exclusive loan packages with unprecedented interest rates for those under 35 looking to purchase social housing. This is a game-changer for aspiring homeowners, offering a pathway to secure their dream home with unparalleled financial support.

The Ultimate Student Hub: A Glimpse Into Hanoi’s Futuristic Township.

The recent merger will result in the creation of 126 new wards and communes in Hanoi, with two exceptions: Dai Mo and Yen So, which currently lack official premises. It is proposed that Dai Mo will utilize the Trung Van Commercial Center, while Yen So will occupy the Phap Van – Tu Hiep Dormitory Facility.