Final Chiaphua Presentation

Introduction of Chiaphua Group Vietnam
 CGV is a subsidiary of Chiaphua Group of companies was founded in 1992
 One of the largest privately held company groups based in Hong Kong
 Investment in mental production , manufacturing and property development
 In early 1990s, CGV is going to invest in real estate development industry of Vietnam

Introduction of Chiaphua Group Vietnam
 CEO , Raymond Cheng has good negotiation skill and reputation with his constituent as a detail oriented project manager at the beginning.
 In 1998 – 2004 , he was an active member & past chairman of the property subcommittee of Vietnam
Business Forum.

CHG Group

Meyer Group
(Hong Kong,
Southern China
Italy, Thailand)
Kitchen Aid
Cookware
Prestige
Silver Stone
Circulon
Fujimaru
Select
Meyer

CIG Group

CWG Group

(Southern China)

(Vietnam
Hong Kong
North America)

Electric Motors
Health Care Products
Telecommunication
Equipment
Power Tools Black &
Decker

CVG
(Vietnam)
Real estate development  CGV’s reputation for transparency and integrity

 Have to seek non-family financing to

 CGV became an influential player to shake

create a different set of obligations and

ongoing real estate law and reforms.

responsibilities.

 CGV has a strong financial capital background.

Hire International Expatriates(It’s

 CGV has First Mover Advantage in Vietnam

constraint from the aim of localized

 Opened and transparent relationship with the

management)

government.

 New common investment law(CIL) and

S

W

O

T

Unified Enterprise Law made equal treatment for all Investors
 Vietnamese have no significant barrier to international communication.
 Vietnam and China have similar political background  Property market was still under developed in early 1990.

 International funding will be existing as competitive context.
 Among all changes, Vietnam administration skills remained very weak
 Construction charges exceeded the estimates because of the requirement of