Nam Long Investment Corporation (NLG) is one of Vietnam’s most prominent publicly listed real estate developers, with a track record of over 19 years in delivering large-scale residential and urban projects. Established on December 27, 2005 and headquartered in Ho Chi Minh City, NLG has grown into a billion-dollar enterprise with strong financial performance and a diversified real estate portfolio.

Strong Financial Growth and Performance

As of the end of 2024, Nam Long Investment Corporation reported:

• Total Assets: USD 1.25 billion (up 6% YoY)

• Owner’s Equity: USD 598.53 million (up 7.69% YoY)

• Sales Revenue: USD 295.63 million (up 126.19% YoY)

• Net Profit: USD 57 million (up 73.32% YoY)

The company’s 2024 results mark a strong rebound from the previous year, particularly in revenue and profit growth, underscoring its ability to execute projects efficiently and respond to market demand.

Core Business Activities

Nam Long specializes in real estate investment and development, focusing on residential projects such as:

• Urban residential areas

• Apartment complexes

• Condominiums

Its registered business activities extend to real estate consultancy, brokerage, construction services, infrastructure projects, engineering, and specialized design. The company also engages in the wholesale of construction materialsand installation supplies, strengthening its vertical integration in the property sector.

Leadership and Governance

The company’s leadership is anchored by seasoned industry professionals:

• Chairman: Nguyen Xuan Quang

• Deputy Chairman: Tran Thanh Phong

• General Director: Tran Xuan Ngoc

Nam Long is publicly traded on the Ho Chi Minh Stock Exchange (HOSE) under the stock symbol NLG, with a charter capital of USD 158.07 million and a workforce of over 800 employees.

Shareholding Structure

Major shareholders include both domestic and international investors:

• Nguyen Xuan Quang – 11.03%

• Ibeworth Pte. Ltd. (Singapore) – 8.15%

• Tran Thanh Phong – 4.24%

• Thaibinh Group – 3.61%

• Nguyen Thi Bich Ngoc – 3.6%

This mix of strategic shareholders reflects NLG’s strong market credibility and cross-border investment appeal.

National Presence

Beyond its headquarters in Ho Chi Minh City, Nam Long maintains:

• A branch in Can Tho City

• A representative office in Hanoi

This nationwide presence supports its mission to deliver high-quality housing solutions across Vietnam’s fast-growing urban centers.

Outlook

With a robust capital base, diversified business lines, and a history of delivering sustainable housing solutions, Nam Long Investment Corporation is well-positioned to capture opportunities in Vietnam’s booming real estate market. Its recent surge in revenue and profit signals strong demand and effective project execution, setting the stage for continued growth in the years ahead.