Nam Long Appoints First Female Acting CEO Amid Strategic Shift

Nam Long Investment Corporation (Nam Long), a prominent real estate developer in Vietnam, announced on July 28 the appointment of Ms. Nguyen Thanh Huong as its Acting Chief Executive Officer (CEO), succeeding Mr. Lucas Loh. Loh will step down from his CEO role effective September 1 but will continue to serve as a member of the Board of Directors. Ms. Huong is a seasoned executive with over 30 years of experience in investment, finance, and real estate. Prior to her current role at Nam Long, she held key executive, strategic, and investment positions at major corporations including Vingroup, Sovico Group, SSI, and HSBC. At Nam Long, she has been instrumental in leading international investment cooperation efforts, notably with Japanese partners. Mr. Nguyen Xuan Quang, Chairman of Nam Long's Board of Directors, stated that the board will collaborate with the Acting CEO to implement development strategies, enhance competitiveness, and create value for shareholders, customers, and stakeholders. During the transition period, Mr. Quang will directly oversee the direction of urban development and housing projects in his capacity as Chairman of the Board of Members of Nam Long Land Investment Co., Ltd. Mr. Loh had served as CEO of Nam Long since 2024. Previously, he amassed 30 years of experience working in developed markets such as Singapore and China. During his tenure, he championed Nam Long's integrated urban development strategy and its foray into the luxury real estate segment. He also focused on developing practical real estate products and driving ESG practices and digital transformation in management. Established in 1990, Nam Long has grown into one of Vietnam's leading real estate groups, possessing a substantial land bank primarily in Ho Chi Minh City, Tay Ninh, and Dong Nai provinces, with ongoing expansion into the northern regions. The company has recently launched numerous new phases within its large-scale urban developments like Waterpoint, Mizuki Park, and Izumi City, having provided housing solutions for over 31,000 families to date.