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About Ricons

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OVERVIEW

Ricons was established in 2004 and quickly made its mark on the market, especially in the field of real estate investment. Along with constantly increasing its scale, Ricons ventured into the construction industry and settled it as its core business.

Over 20 years of establishment and development, Ricons has delivered construction projects throughout the country, from high-rise buildings, hotels, resorts to factories and infrastructure. As a brand born from great social aspirations, Ricons wishes to make a difference by providing quality products and services, thus contributing to the development of the community and society.

On the basis of solid internal resources, the vision of Ricons is becoming a symbol of Vietnam’s Construction industry and setting up Global influences.

VISION

BECOMING A SYMBOL OF VIETNAM’S CONSTRUCTION INDUSTRY AND SETTING UP GLOBAL INFLUENCES

Ricons will cooperate fully with project owners and developers to deliver works of the best quality, the grandest and the classiest ever in Vietnam. Ricons' goal is not only to become a symbol of Vietnam's construction industry but also to establish a global outreach in the near future.

MISSION

SHAPING THE FUTURE OF VIETNAM’S CONSTRUCTION SECTOR WITH DEDICATION AND RESPONSIBILITY

Ricons, with its core competence in construction, will shape the outlook of Vietnam through safe, high-quality, large-scale projects and harmonize economic, environmental, social interests to reach the goal of sustainable development.

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HISTORY

2004 – 2007

2008 – 2015

2016 – 2020

2021 – now

MADE ITS DEBUT ON THE MARKET, WITH INVESTMENT AS ITS PRIMARY INDUSTRY
2004 – 2007

MADE ITS DEBUT ON THE MARKET, WITH INVESTMENT AS ITS PRIMARY INDUSTRY

Ricons (formerly Phu Hung Gia Construction Investment Joint Stock Company) debuted on the market, focusing on real estate investment as its primary industry.

The Company has undertaken a number of real estate investments during this phase, the most notable of which is the Botanic Towers luxury flats, which have sparked a lot of interest in the market.

EXPANDED AND DEFINED THE CORE INDUSTRY AS CONSTRUCTION
2008 – 2015

EXPANDED AND DEFINED THE CORE INDUSTRY AS CONSTRUCTION

The Company established the Construction Division. In a short time, with the focus on enhance human resources, equipment and technologies, the Company continuously won project package bids to execute large scale and high-quality projects such as Hyatt Regency Da Nang Resort, Dai Phuoc Lotus, Foster Factory Da Nang and Dorco Hung Yen Factory

ENHANCE RESOURCES AND BOOSTED BRANDING
2016 – 2020

ENHANCE RESOURCES AND BOOSTED BRANDING

Ricons affimed the new brand on the market as Ricons Construction Investment JSC. As a brand growth in the market, Ricons was trusted to execute many large projects, thus experiencing rapid growth in revenue and profit.

For many consecutive years, Ricons has solidly held the position in Top 3 of the most reputable contractors in Vietnam.

STRENGTHENING KEY BUSINESS AREAS AND EXPLORING NEW HEIGHTS
2021 – now

STRENGTHENING KEY BUSINESS AREAS AND EXPLORING NEW HEIGHTS

The Company has identified construction as the core business and focused on bidding for large-scale projects to improve construction capacity.

Ricons consistently reinforces brand position through numerous prestigious awards, both nationally and internationally: Top 3 Reputable Construction Contractors in Vietnam, Top 10 Best Places to Work in Vietnam, Top 100 Sustainable Development Enterprises in Vietnam, International award at “Design & Make 2024” – BIM competition, Top of Vietnam and Southeast Asia at “Autodesk ASEAN Innovation Awards 2024”.

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PHAM QUAN LUC

Chairman

As Chairman of the Board of Directors, Mr. Pham Quan Luc will work closely with the Executive Board in shaping Ricons’ long-term development goals. With his management experience and strong sense of responsibility, he is expected to join the Executive Board in enhancing the Company’s competitiveness and driving Ricons toward continued stability and sustainable growth in Vietnam’s construction market.

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TRAN QUANG QUAN

Chairman of the Strategic Advisory Board

With more than 30 years of experience in the construction industry, Mr. Tran Quang Quan is a hands-on leader who upholds credibility and consistently honors his commitments. Backed by extensive experience gained from landmark projects such as Landmark 81, The Grand Ho Tram, Casino Nam Hoi An and others, in his role as Chairman of the Strategic Advisory Board, he will work alongside the Executive Board to continue taking Ricons to new heights.

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NGUYEN HIEU

General Director

Having been with Ricons since the early days of his career, Mr. Nguyen Hieu has spent more than 15 years accompanying the Company’s development journey and leaving his mark on a series of large-scale projects. With hands-on management experience, strong project execution capabilities, and an in-depth understanding of the Company’s operations, in his role as General Director, Mr. Nguyen Hieu will continue to work alongside the Executive Board to lead Ricons in enhancing operational efficiency, strengthening team capabilities, and closely pursuing its growth objectives in the new development phase.

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HO VAN THAO

Operations Director

With 24 years of experience in the construction industry, Mr. Ho Van Thao has held key positions at leading enterprises in Vietnam. He has served as the Project Director for numerous large-scale, technically complex developments worth trillions of VND, including Landmark 81, The Nexus, Celadon City Diamond Brilliant, Celadon City Diamond Alnata Plus, significantly enhancing Ricons' brand reputation.
With a calm yet decisive leadership style, he has earned the trust of both domestic and international partners.

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NGUYEN THANH TAM

Operations Director

Mr. Nguyen Thanh Tam, with 27 years of experience in the construction industry, has held senior leadership roles at Ricons since 2008. As one of the founding members instrumental in establishing the company’s construction division, he has been deeply involved with Ricons since its early days.
He has directly managed major projects such as West Gate, The Grand Manhattan, À La Carte Ha Long Hotel and Park City.
With his extensive expertise, strategic mindset, and pioneering spirit, Mr. Nguyen Thanh Tam remains committed to driving Ricons toward greater achievements.

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TRAN THE PHUONG

Operations Director

Bringing 26 years of experience in the construction industry, Mr. Tran The Phuong has held key leadership roles at Vietnam’s top construction firms before joining Ricons as Operations Director in 2022. His strategic vision and expertise have significantly contributed to the company’s expansion.
He has led numerous large-scale projects, including Akari Hoang Nam, Elysian, Brotex, Waterpoint – Vam Co Dong Southgate, Phu My 3 Industrial Park Warehouse and Eco Retreat Long An. Known for his deep market understanding and decisive leadership, he focuses on optimizing operations and developing a high-performing team, ensuring Ricons continues the trajectory of excellence.

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TRAN VAN MUOI

Operations Director

With 27 years of experience in the construction industry, Mr. Tran Van Muoi has held key positions at major corporations before being appointed Operations Director at Ricons in 2022. He oversees core departments, particularly the Technical Division—the company’s “heart”—ensuring that every project meets the highest technical and quality standards.
Under his leadership, the Technical Division and BIM Department have made significant strides, earning prestigious awards such as the Autodesk ASEAN Innovation Awards 2024 and The Design & Make 2024 in the U.S. His expertise in tendering, construction methodologies and technical execution enables Ricons to deliver optimal value, superior quality, and a professional edge across all projects.

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PHAN VINH PHUC

Operations Director

Recognized as an Operations Director with a decisive leadership style, strong enthusiasm, open-mindedness and creative thinking, Mr. Phan Vinh Phuc has accompanied Ricons through many important stages of development. Throughout his career, he has held various positions and taken on key responsibilities in project management and project execution, consistently demonstrating a strong sense of responsibility, solid professional expertise, and the leadership capability to guide teams in successfully achieving assigned objectives.

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NGUYEN MINH TUNG

Chief Accountant

With over 13 years of experience in Finance and Accounting, Mr. Nguyen Minh Tung is highly regarded by the leadership team, colleagues, and partners for his composure, professionalism and integrity.
As Chief Accountant, he continuously leverages his expertise and accumulated experience while embracing challenges with determination. His rigorous financial management and commitment to excellence position him as a key contributor to Ricons' long-term growth and stability.