In the wartime, he was a brave and circumvented soldier. In the peacetime, he is a dynamic businessman. He is Phan Van Quy, Chairman of Pacific Corporation. As a leader of a large corporation, businessman Phan Van Quy always thinks of how to diversify his company’s operations in the most sustainable approach and ensure best lives for all employees.
Building a multi-field group
He started to do business in 2000 with numerous difficulties. Without experience, his two companies went bankrupt. They were the first practical lesson for him to build the current Pacific Corporation.
Founded in 2001, after nearly 10 years of construction and development, Pacific Corporation has expanded its business scopes into real estate, finance, industry, commerce and education investment. The economic group, with a chartered capital of VND900 billion (US$48.6 million), has expanded its presence into three northern, central and southern regions of the country.
A strong foundation helped Pacific Corporation to live through the global economic crisis - the worst in many decades. Sharing efforts to lead the group out of general economic troubles, Mr Phan Van Quy said: “Pacific Corporation’s leaders have outlined many directions and invested in many areas to sail Pacific ship across the stormy sea.” The corporation joined hands with many domestic and international companies to share experience and interests for mutual development. Therefore, Pacific Corporation has made resounding successes in all projects it involved in, including Haiphong Urban Zone in Haiphong City, Mai Hac De Commercial Centre in Hanoi City, Vinh Tan 3 thermal power project and My Son thermal power project in Binh Thuan province. In early 2010, 2010, Pacific Corporation cooperated with Hong Kong partners to build a waste-to-power plant in Vietnam.
Priority for education investment
Not only making success on the marketplace, Pacific Group is also doing well social and cultural fields, especially education investment. This is also the aspiration of businessman Phan Van Quy for more contribution to the society and the community.
Education investment requires a strong financial capacity but it does not bring in profit in the short term. But, with his determination, Mr Phan Van Quy persuaded colleagues to work on this new field. He said: “Education investment does not bring a high rate of returns for me but it is immeasurably enormous to the entire community. The corporation is taking profits from financial and real estate businesses to invest in education.”
To make good preparation for education investment, since 2009, Pacific Group forged cooperation with leading schools in the United Kingdom where education is rated best in the world and suitable to the Vietnamese environment. Approaching and applying this education in Vietnam, Pacific Corporation will certainly provide a world-class learning and researching environment.
Every year, Pacific Corporation contributes large sums of money to social and charitable activities. These are also firm foundations for Pacific Corporation to sustain its development, strengthen the trust and expand cooperation with domestic and international partners.
Tran Trang
Vietnamese
