Bird's nest scandal over 13,000 VND/jar; businessman Ho Nhan passes away

Controversy over bird's nest over 13,000 VND/jar advertised by TikToker Quyen Leo Daily

Recently, the online community has been buzzing about bird's nest products sold through livestream sessions (online sales) by a famous couple on the TikTok platform with the account Quyen Leo Daily - real names La Quoc Quyen and Nguyen Lan Anh.

Accordingly, in many livestream sessions in recent months, this TikToker couple often livestreams to advertise the sale of bird's nest-related products such as broken bird's nest, pre-cooked bird's nest...

Notably, the combo product of 33 jars of fresh bird's nest ready to be cooked with a capacity of 70ml is priced at 699,000 VND, equivalent to only about 21,000 VND/jar. Or the combo of 20 jars is priced at 500,000 VND, equivalent to 25,000 VND/jar.

There was even a time when some consumers said they bought this product on the couple's livestream for 658,000 VND/box of 50 bottles, equivalent to just over 13,000 VND/bottle. The product is often advertised by Quoc Quyen as 35% bird's nest (the percentage of pure bird's nest used in the product - PV).

The product advertised by this TikToker is "35% bird's nest" but the selling price is only over 13,000 VND/bottle (Photo: Screenshot).

With a super cheap price of just over 13,000 VND/bottle containing 35% bird's nest, many consumers expressed doubts about the product quality. The price of this item is also much cheaper than products sold on the market by some big and long-standing brands on the market.

For example, the Khanh Hoa Sanest bird's nest drink product produced by Khanh Hoa State-owned One Member Limited Liability Company has a listed price of VND338,000/box of 8 bottles, equivalent to more than VND42,000/70ml bottle. According to the ingredients published on the website, this product contains 21% bird's nest.

According to research, the products that Quyen Leo Daily advertised belong to the brand name The Gioi Yen Sao - Nguyen Thuy. The product label states that it is manufactured by The Gioi Yen Sao Group Investment Joint Stock Company, manufactured in Ben Cat City, Binh Duong; the product is of Thuy The Gioi Yen Sao Business Household, with Ms. Nguyen Thi Thuy as the legal representative. Ms. Thuy is also the legal representative of The Gioi Yen Sao Group Company Limited (Tan Binh District, Ho Chi Minh City).

However, currently, on the TikTok Shop cart of the account The Gioi Yen Sao - Nguyen Thuy has removed all pre-cooked bird's nest products, only selling self-cooked bird's nest sets. Some videos advertising this product on the TikTok channel of Quyen Leo Daily and his wife are also inaccessible.

Businessman Ho Nhan - son-in-law of Son Kim family passed away

Businessman Ho Nhan, Chairman of the Board of Directors of Nanogen, the man behind the Nanocovax vaccine and son-in-law of the Son Kim family, passed away suddenly.

On the evening of May 12, Ms. Nguyen Thi Son - founder of Son Kim Group and also mother-in-law of Mr. Ho Nhan - shared a status on social media, commemorating her son-in-law: "I know you are a young man with many ambitions in your career, with many wishes to contribute to society, and you have proven that you can do it... Goodbye son-in-law Ho Nhan".

According to research, Mr. Ho Nhan was born in 1966, is a Vietnamese American, grew up in New York, graduated with a PhD in biotechnology from the University of Arizona (USA). Before returning to Vietnam to settle in 2006, he spent nearly 20 years researching and working in the international biomedical industry, participating in many mergers and acquisitions in the pharmaceutical, hospital and medical equipment sectors.

He also led the healthcare stock valuation team of an investment fund in Hong Kong (China), with a scale of up to billions of USD.

In September 1997, Mr. Ho Nhan founded Nanogen Pharmaceutical Biotechnology Joint Stock Company and held the role of Chairman of the Board of Directors and General Director for many years. He is known as the "father" of the Nanocovax vaccine - one of the first Covid-19 vaccine candidates researched and developed by Vietnam.

Businessman Ho Nhan (Photo: Nanogen).

According to updated information on the National Enterprise Information Portal, from December 29, 2021, Mr. Ho Nhan is no longer the legal representative of Nanogen. The positions of Chairman of the Board of Directors and General Director were transferred to Ms. Nguyen Thi Hong Van - Mr. Nhan's wife, currently the General Director and legal representative of the company.

However, Ms. Nguyen Thi Son shared with the media and said that Mr. Ho Nhan is still the Chairman of the Board of Directors of Nanogen.

Ms. Nguyen Thi Hong Van is the eldest daughter of the Son Kim family. She is the daughter of Ms. Nguyen Thi Son - the founder of Dai Thanh, a famous textile and garment enterprise since the 1950s.

Later, the third generation of the family developed into SonKim Group (since 1993), expanding its operations into real estate, retail and media, managing many international brands in the Vietnamese market.

In addition to the biotechnology sector, Mr. Ho Nhan also participates in financial investment. He was a member of the Board of Directors of Vina Securities Company (VinaSecurities) from April 2013 to September 2017. He was also a major shareholder of One World Services Joint Stock Company (ONW), owning up to 15.8% of shares as of November 2016.

Billionaire Vuong establishes company to develop $61 billion high-speed railway project

On May 14, VinSpeed ​​High-Speed ​​Railway Investment and Development Joint Stock Company officially registered to invest in the North-South high-speed railway project. The project has an investment capital of about 1.5 million billion VND (equivalent to about 61.35 billion USD), excluding compensation costs, relocation support, and resettlement for site clearance.

Of which, the enterprise is responsible for arranging 20% ​​of the total investment capital of the project, equivalent to 312,000 billion VND (about 12.27 billion USD). For the remaining 80% (excluding compensation costs, relocation support, and resettlement for site clearance), VinSpeed ​​proposes to borrow State capital without interest within 35 years from the date of disbursement.

VinSpeed ​​High-Speed ​​Railway Investment and Development Joint Stock Company was registered on May 6. Information from the National Business Registration Portal shows that Vinspeed has a charter capital of VND6,000 billion.

The 6 founding shareholders include organizations and individuals, including: Vingroup Corporation contributed 600 billion VND, owning 10% of shares; Vietnam Investment Group Joint Stock Company contributed 2,100 billion VND, owning 35% of shares; Ms. Pham Thuy Hang (Vice Chairwoman of Vingroup Corporation) contributed 180 billion VND, owning 3% of shares; Mr. Pham Nhat Vuong contributed 3,060 billion VND, owning 51% of shares; Mr. Pham Nhat Minh Hoang and Pham Nhat Quan Anh each contributed 30 billion VND, owning 0.5% of shares.

Mr. Pham Nhat Vuong is the General Director and Legal Representative of VinSpeed. In addition to VinSpeed, billionaire Pham Nhat Vuong directly holds controlling shares in a number of other companies such as VinRobotics, VinEnergo, and Xanh SM.

Mr. Nguyen Quoc Cuong: I am lucky to be Mrs. Loan's son.

On the afternoon of May 17, Quoc Cuong Gia Lai Joint Stock Company (stock code: QCG) held its 2025 annual general meeting of shareholders. The meeting was attended by Ms. Nguyen Thi Nhu Loan - the company's founder.

Speaking to shareholders, Mr. Nguyen Quoc Cuong - General Director - said he was fortunate to have been present for about 15 years in the company's 30-year journey. He also expressed his luck as Mrs. Loan's son, having witnessed many of her sacrifices for Quoc Cuong Gia Lai over the past 30 years.

Mr. Cuong even said that even when flying, Ms. Loan only flew economy class instead of business class. Ms. Loan devoted her whole life to Quoc Cuong Gia Lai, sacrificing her personal time and freedom.

This year, Quoc Cuong Gia Lai sets a target of net revenue of VND2,000 billion and pre-tax profit of VND300 billion, respectively increasing by 274% and 306% compared to last year.

Mr. Nguyen Quoc Cuong - General Director of the company (Photo: Khong Chiem).

He also outlined specific plans for the company's ongoing and upcoming projects such as Marina Da Nang, project 6B in Binh Chanh district (HCMC), Lavida Plus apartment building in district 7 (HCMC)...

In addition, Quoc Cuong Gia Lai is implementing investment legal procedures for the 9.4ha Pham Gia project on National Highway 50, Binh Chanh (HCMC) and the Saigon River Apartment. These two projects have been 100% compensated and are applying for a pilot project under Resolution 171 in the list of projects to be removed early by HCMC.

In addition, the Phuoc Kien project (related to the amount of VND 2,882 billion to be paid to Ms. Truong My Lan - Van Thinh Phat) was also mentioned by Mr. Cuong. Regarding the payment plan for this amount, Mr. Cuong said that there are many solutions, including dividing it into many installments, taking place from the third quarter of this year and ending in the first half of 2027. If the cash flow is stable, the company can pay earlier.

New bridge construction, approach road subsidence in Tay Ninh: "Familiar" contractor profile

At around 4am on May 11, the road leading to Hoa Binh Bridge (Hoa Hoi Commune, Chau Thanh District, Tay Ninh) suddenly collapsed, creating a hole about 3m deep. More than 2 weeks earlier, Hoa Binh Bridge had just been inaugurated.

According to a report by the People's Committee of Chau Thanh district and the Department of Construction of Tay Ninh province, the cause is predicted to be a local mud bag located under the bridge approach road that slid, causing subsidence of the roadbed and surface.

According to information from the Chau Thanh District Electronic Information Portal (Tay Ninh), the contractor for the Hoa Binh Bridge - the project that recently collapsed - is Vu Hoan Company Limited. This unit won the bid for the bridge construction and traffic assurance during the construction process with a winning bid price of 24.4 billion VND, to be implemented in 360 days. The bid package uses the provincial and district budgets.

According to the National Business Registration Portal, Vu Hoan Company Limited, located at Tan Hoa Hamlet, Tan Binh Commune, Tay Ninh City, Tay Ninh Province. The company was established in December 2008, with Mr. Vu Ngoc Hoan (born in 1977) holding the position of Chairman of the Board of Directors, Director and legal representative. The main business line is building houses for housing.

It is noted that in the past 5 years, Vu Hoan Company Limited has increased its charter capital many times. From 4 billion VND (2016), the company's charter capital has increased 50 times to 200 billion VND (2024).

Specifically, before March 2016, the company had a charter capital of 4 billion VND. Of which, Mr. Vu Ngoc Hoan contributed 3.2 billion VND, equivalent to 80% of the capital contribution, Mr. Vu Dinh Thiem contributed 800 million VND, equivalent to 20% of the capital contribution.

By the end of March 2016, the company increased its capital 5 times to 20 billion VND. The capital contribution ratio remained unchanged. Accordingly, Mr. Hoan contributed 16 billion VND, Mr. Thiem contributed 4 billion VND.

By July 2019, Vu Hoan Company Limited increased its capital to 60 billion VND. Of which, Mr. Vu Ngoc Hoan contributed 48 billion VND, equivalent to 80% of the capital contribution, Mr. Vu Dinh Thiem contributed 12 billion VND, equivalent to 20% of the capital contribution. By February 2021, the enterprise increased its capital to 80 billion VND, the capital contribution ratio remained the same.

Most recently, in January 2024, the company increased its capital from VND 80 billion to VND 200 billion. The shareholders contributing capital are still Mr. Hoan, contributing VND 160 billion, and Mr. Thiem, contributing VND 40 billion. Mr. Vu Ngoc Hoan still holds the position of Chairman of the Board of Directors, Director, and is the legal representative of the enterprise.

To date, local authorities have not yet announced the conclusion of the collapse of the Hoa Binh bridge approach road. Experts say that the responsibility does not necessarily lie with the construction contractor but should consider the possibility of errors in the survey and technical design stages.

Source: https://dantri.com.vn/kinh-doanh/lum-xum-yen-sao-hon-13000-donghu-doanh-nhan-ho-nhan-qua-doi-20250518015118886.htm