AusCham is delighted to welcome FLC Group as a Corporate member in 2017/18
- To download the introductory pdf file which has more information, click onto FLC Introduction
FLC Group Joint Stock Company (FLC Group) was established in 2001 by the lawyer Trinh Van Quyet. Three letters in the name represent the core business segments of the company as Finance, Land and Commerce. The Hanoi-headquartered company also engages in other activities such as hotel and resort services, civil construction, trading on medical machinery and equipment, iron and steel, education and labor export, etc.
The $232 million company in charter capital posted a $16 million profit before tax in 2015, surging 255 percent over the previous year. As of January 2017, FLC Group employs 4,500 people and consists of 19 subsidiaries and affiliates. Listed on Ho Chi Minh City Stock Exchange since 2011, FLC Group stock (code: FLC) maintains its position in top VN30, which tracks the top 30 shares by market value and liquidity.
Real estate activities deployed by FLC Group are allocated along the country with the total area of 6.500 ha and 3.1 billion USD of investment, typically mega ecological resort project worth hundreds of millions of USD in Hanoi, Vinh Phuc, Quang Ninh, Thanh Hoa, Quang Binh, Binh Dinh, Khanh Hoa, Nghe An.
FLC Group’s project assets value is estimated at $3.8 billion by the international real estate consulting agency Savills. It is recognized as one of the 50 most valuable brands in Vietnam by Brand Finance in 2016.
Planning to strike the market with 2,500 condotels, 1,400 villas, 3,500 hotel keys and 4 golf links in 2017, FLC Group aims to become the leading resort real estate investor and developer in Vietnam.
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