Son of BIM Group’s deceased chairman takes the reins

By Hai Yen
Tue, November 26, 2024 | 6:41 pm GMT+7

BIM Group, one of Vietnam’s largest multi-sector corporations, has appointed Doan Quoc Huy as new chairman following the passing of his father and predecessor, Doan Quoc Viet.

Prior to this appointment, Huy served as vice chairman and general director of BIM Group. He holds an MBA from Stanford University and has completed a master’s program in construction management at the University of Southern California.

Doan Quoc Huy, new chairman cum general director of BIM Group. Photo courtesy of the firm.

Doan Quoc Huy, new chairman cum general director of BIM Group. Photo courtesy of the firm.

Born in 1984, Huy has been with BIM Group for nearly 20 years, overseeing the company’s core sectors, including real estate, renewable energy, agriculture, and trade services.

On November 7, Huy’s father, Doan Quoc Viet, the founder of BIM Group, passed away at the age of 70.

Currently, BIM Group is one of the 10 leading real estate developers in Vietnam by output. It is known for many projects like Park Hyatt Phu Quoc Residences, Regent Phu Quoc, InterContinental Phu Quoc Long Beach Resort, Fraser Suites Hanoi, Sailing Club Residences Ha Long Bay, and Holiday Inn & Suites Vientiane (Laos).

It also produces salt on a 2,500-hectare field in the south-central province of Ninh Thuan, which reportedly accounts for 60-70% of Vietnam’s industrial salt output.

At the salt field, BIM Group built a 500 MW solar and wind power complex that has been put into commercial operation since the end of 2021.

The corporation has invested VND12 trillion ($474.8 million) in projects in Ninh Thuan, aiming to develop at least 1 GW of wind and solar power by 2025.

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