SVA Financial Group was established on May 12, 2005 with five initial member companies. Thus far, the group has more than member companies, including joint ventures and partnerships with Malaysia, Germany and South Korea. The group has made nationwide business presence with the guideline of SVA sustainable development, creative thought!
Starting with financial investments into community projects, credit payment support and mining, SVA Financial Group has to date become a prestigious brand name in real estate, agriculture, culture, education, renewable energy, construction of bridges, ports, highways, railways, urban zones, five-star hotels and tourism complexes of international standards. Vietnam Business Forum has exclusively interviewed Mr Nguyen Minh Son, President of the Board of Directors of SVA Financial Group, on his group’s business.
Currently, SVA is known as a dynamic and creative multi-sector business group. What are SVA’s secrets to success?
Before we decided to establish SVA Financial Group, we had studied all models of world-acclaimed business groups. With the goal of building and developing an exemplary multi-business corporation model of Vietnam in the process of global economic integration. The group’s leaders have defined right orientations and roadmaps to achieve successes.
SVA Financial Group has chosen to walk on a professional way. Each member company of SVA Financial Group is allowed to specialise in only one field so as to cash in on its strengths. Only after five years of construction and development, SVA Financial Group has set up a system of creative and scientific business strategy based on the standard principles in personnel management, business, finance and corporate governance. The group has sparing no effort to make the SVA Financial Group trademark to outshine on both domestic and international markets.
What is your most favourite field?
Each business SVA Financial Group decides to invest in is the effort and determination of all leaders and employees. However, financial investment is our primary business SVA has become a trusted bridge for attracting FDI and ODA capital sources from potential markets in the world into Vietnam. When we have a strong financial position, we will more easily expand to other areas like agriculture, mining, real estate and education. Thus far, we have initially succeeded in realizing this orientation.
On the occasion the ASEAN Business and Investment Summit (ASEAN BIS 2010) will be held in Vietnam, would you mind revealing your remarks on opportunities of Vietnamese enterprises in general and of SVA in particular in accessing and cooperating with foreign corporations through this conference?
Attending the ASEAN BIS 2010, SVA Financial Group in particular and Vietnamese businesses in general will have an opportunity to talk with ASEAN leaders, leading corporations and other economic experts in ASEAN and in the world. Accompanying President Nguyen Minh Triet during Laos and Cambodia tours in late August, I would like to reassert that the cross investment inside ASEAN will help Vietnam to achieve the complete integration. This largely depends on the growth of small businesses in our country, including SVA Group Finance. Currently, SVA Financial Group has invested US$250 million in Laos.
Especially, when SVA Financial Group leaders accompanied President Nguyen Minh Triet to attend the United Nations Summit and ASEAN - US Leaders Summit in September, I see the international cooperation expansion is a strategic choice of my group for business development. Therefore, the ASEAN BIS 2010 is a bridge SVA Financial Group to achieve new opportunities. From our accomplishments, we will approach and create the trust of regional and global partners through this conference.
What are your plans to consolidate and develop the SVA trademark to be a leading multi-business economic group in Vietnam and in the region?
After five years of establishment, we have a strong brand name. SVA Financial Group will never quit expanding its multi-sector business model. We are building our group into unified, professional business concern.
Apart from business front, SVA Financial Group is also known to its active participation in social and community development activities. Could you provide some information about this aspect?
Currently, all SVA member companies use a part of their profits for social works. Thus, in addition to business front, SVA Financial Group has actively supported many society-driven programmes.
After five years of operation, the biggest reward that SVA Financial Group has received is the support, trust and facilitation of the State authorities, friends and partners in the region and in the world. We are determined to add effort to become a more professional, sustainable financial and economic group.
Reported by Tam Nguyen
Vietnamese
