In the second leg of the 2024 ASEAN Cup final against Thailand on the evening of January 5, player Nguyen Xuan Son (1997) was seriously injured and had to leave the field in the 34th minute and was immediately taken to the ambulance. Nam Dinh Club's manager Nguyen Van Thien immediately called Xuan Son to share his feelings and said he would treat and provide the best treatment for Xuan Son so that this player could return soon. This is good news for Xuan Son as well as his fans.

Mr. Nguyen Van Thien is the Chairman of Xuan Thien Group - the main sponsor of Nam Dinh Club, accompanying the team from Thanh Nam with an amount of 200 billion VND from 2022-2025. This is a rather secretive group, but owns many very large-scale projects.

Big guy with billion dollar projects

Xuan Thien Group, formerly Xuan Thien Ninh Binh Company Limited, headquartered in Ninh Binh, was established in 2000, and by January 2022 had transformed into a corporation model. This is an enterprise with many large projects and the ambition to invest tens of billions of USD in many fields, from energy, construction materials, high-tech agriculture, logistics, real estate, resort hotels, etc.

Xuan Thien specializes in investing in clean energy production (hydropower, wind power, solar power). To date, Xuan Thien Group has more than 20 power projects with a total capacity of nearly 2,000 MW.

Major projects of Xuan Thien Group include: Suoi Sap hydropower cluster (capacity 180MW), Khao Mang hydropower cluster (180W), Thac Ca - Dong Sung hydropower cluster, Song Lo hydropower cluster, Hang Dong A and B hydropower cluster (320MW.

This group is investing in building a green steel factory and heavy industry complex with a capacity of 9.5 million tons/year, with a total investment of hundreds of thousands of billion VND in Nghia Hung district, Nam Dinh province.

In the construction materials sector, Xuan Thien is also famous for cement, owning many big brands such as: Xuan Thanh Cement, with 5 factories, the largest capacity in Vietnam, total 16.8 million tons of cement/year (target 30 million tons by 2030).

Factories include: Xuan Thanh Quang Nam Cement, Long Thanh Ha Nam Cement, Xuan Thanh Khanh Hoa Cement, Xuan Thanh Binh Phuoc Cement. Xuan Thanh Cement has 300 distributors, 15,000 agents, exporting to more than 20 countries and territories in all 5 continents.

Xuan Thien Group has invested in agricultural development in depth with projects: livestock complex with the initial target of reaching an output of 100,000 sows, providing nearly 3 million pigs/year; animal feed factory, capacity of 1 million tons/year and raw material area complex, fruit juice factory with a total capacity of 1 million tons/year.

Nguyen Xuan family with a huge ecosystem

Xuan Thien Group is known as a giant in the field of renewable energy (solar power, wind power) and is among the top renewable energy companies in Vietnam, typically the Xuan Thien Ninh Thuan solar power plant cluster with a capacity of 256MWp, put into operation in April 2020.

In particular, Xuan Thien - Ea Sup solar power plant cluster phase 1, in Ea Sup district, Dak Lak province, was put into operation by Xuan Thien in November 2021 with a capacity of 831MWp. This is introduced as the largest solar power plant cluster in Southeast Asia at that time. Here, Xuan Thien also owns and operates a 500kV transformer station with a transmission capacity of up to 1,200MAV.

Phase 2 of the Xuan Thien - Ea Sup solar power plant cluster is expected to be invested by Xuan Thien with a capacity of up to 1,400MW.

Regarding wind power, Xuan Thien Group is implementing the construction of Soc Trang 11 Wind Power Plant project with a capacity of 100MW. In addition, the group's planned wind power investment portfolio is very large, up to tens of GW both onshore and offshore.

Xuan Thien Group is the business of tycoon Nguyen Van Thien. He is a second generation businessman of the founder of Xuan Thanh Construction Company - Mr. Nguyen Xuan Thanh (born in 1950).

Mr. Thien is the older brother of Mr. Nguyen Duc Thuy (born in 1976), currently Chairman of the Board of Directors of LPBank.

In recent years, Xuan Thien has emerged with Nam Dinh Club - a famous football team with the largest and most enthusiastic fan base in Vietnam.

Mr. Nguyen Van Thien's family has 6 siblings. Each of them owns businesses with capital of thousands of billions.

The Board of Directors for the 2023-2028 term of LPBank also includes Mr. Nguyen Van Thuy (1981). Mr. Thuy is the younger brother of Chairman of the Board of Directors Nguyen Duc Thuy. Mr. Thuy has been Vice Chairman of LPBank since April 2023. Mr. Thuy is also known as the owner of Xuan Thanh Insurance.

Another younger brother of Mr. Thien, Mr. Nguyen Van Thuyet (1986), used to participate in the management of Thaiholdings (TDH). Mr. Nguyen Xuan Thuy (1988) is the General Director of Xuan Thanh Cement Company.

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