In this year’s prestigious list, Ms. Nguyễn Thị Huyền Thương stands as the sole female entrepreneur in the refrigeration industry, recognizing her exceptional leadership and the enduring achievements she and her team have cultivated over the years.
Steering Through a Fiercely Competitive Market
Joining Nagakawa in its early years, Ms. Thương has been integral to the group’s core operations. She officially took the helm as CEO in 2020, playing a pivotal role in strategic planning and shaping the company’s competitive edge.

Nagakawa’s CEO at the brand repositioning event, showcasing a youthful, modern, tech-driven, and reliable image.
Over the past five years as CEO, Ms. Thương has not only enhanced modern management capabilities but also driven Nagakawa’s sustainable growth. The company has achieved double-digit revenue growth, consistently ranking among the Top 50 fastest-growing enterprises and ascending in the Top 500 largest Vietnamese companies. In the residential air conditioning market, Nagakawa has risen to the top in sales volume at Điện Máy Xanh – Thế giới di động. In the commercial sector, Nagakawa has outpaced international brands, becoming the choice for hundreds of key projects nationwide, solidifying its position as a leading Vietnamese air conditioning brand. Industry experts attribute Nagakawa’s recent success to its persistent investment in central air conditioning systems, VRF, and Chiller technologies, a strategy demanding high-tech expertise and robust resources in knowledge, experience, core technology, and finance.
Pursuing Sustainability and Digital Transformation
As CEO, Ms. Thương emphasizes three core development pillars: operational efficiency, digital transformation, and sustainable development.
In 2022, she established the Nagakawa Technology Center, launching a comprehensive digitalization strategy spanning internal management to supply chain operations. Driven by a commitment to self-improvement, Nagakawa developed AnERP, an enterprise management platform for SMEs, facilitating easier digital transformation for Vietnamese businesses.

Ms. Nguyễn Thị Huyền Thương chairing the “Promoting Sustainable Green Digitalization” seminar.
In sustainability, Nagakawa actively participates in HCFC phase-out projects with the World Bank and the Ministry of Natural Resources and Environment, aligning with emission reduction and energy efficiency trends. The company also invests heavily in technology innovation and eco-friendly product development, supporting Vietnam’s Net-Zero 2050 roadmap.
Additionally, Ms. Thương actively promotes gender equality, partnering with UN Women to empower women in business and inspire career and leadership development. This reflects the consistent implementation of ESG principles in the group’s governance.

Nagakawa’s CEO (second from right in red áo dài) steadfastly pursuing gender equality goals.
The recognition of a female leader in the refrigeration industry, passionate about technology and engineering, as an Outstanding Young Vietnamese Entrepreneur underscores the company’s long-term development strategy. This award not only honors Ms. Thương’s personal journey but also celebrates the stature of Vietnamese brands in the refrigeration sector.
Established in 2002, Nagakawa Group is a diversified conglomerate specializing in refrigeration, household appliances, and high-end kitchen equipment. In 2009, Nagakawa listed on the Hanoi Stock Exchange (HNX) under the code NAG. The brand has consistently been honored in the Top 500 largest Vietnamese companies and the Top 50 fastest-growing enterprises for five consecutive years.
For more details, visit: https://nagakawa.com.vn/ Hotline: 1900 54 54 89.
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