Surprised by Shark Binh's huge assets

Lục Giang |

Owning a technology ecosystem and an extensive investment portfolio, Shark Binh's assets are currently estimated at several hundred billion VND.

NextTech Group ecosystem with the goal of valuing billions of USD

Mr. Nguyen Hoa Binh started his career in 2001 with Hoa Binh Software Solutions Joint Stock Company (PeaceSoft), initially developing software for businesses and then switching to e-commerce. After only three years, PeaceSoft is valued at about 6 million USD, of which Shark Binh owns about 2 million USD.

A major turning point came in 2013 when PeaceSoft restructured into Future Technology Investment and Development Company Limited - the predecessor of NextTech Group Joint Stock Company (NextTech Group). Mr. Binh holds the role of Chairman of the Board of Directors and legal representative, the goal of NextTech is to build a technology complex worth billions of USD, and is expected to be " Alibaba of Vietnam".

According to the announcement, NextTech invests in about 20 enterprises in four areas: financial technology, e-commerce, electronics logistics and education - society.

In particular, financial technology has familiar names such as Ngan Luong, Vimo, AlePay, mPOS, NextPay; e-commerce including Bot Ban Hang, Cnvloyalty, Coolmate, Ladipage, Myspa; electronic logistics including Boxme, HeyU, FastGo; education - society are TopCV, Schola and Tick.com.

Ngan Luong and NextPay are considered two pillars. Ngan Luong Payment Portal was established on September 10, 2012, and has increased its capital many times from VND 52.7 billion to nearly VND 370 billion before reducing it to VND 52.7 billion in early 2024.

In the 2017-2022 period, two e-wallets Vimo and NextPay continuously reported interest, in contrast to most other e-wallets on the market. In 2022, NextPay recorded a profit of more than 165 billion VND.

During the period of strong development, Shark Binh's ecosystem was reported by the media to be valued at up to 1 billion USD.

Introducing real estate, blockchain

Along with expanding investment, NextTech also underwent many changes in capital and ownership structure. In 2020, the charter capital increased from VND 100 billion to VND 500 billion, then decreased sharply to VND 4.2 billion in October 2023. Mr. Nguyen Hoa Binh still maintains an ownership ratio of 70%.

Ngan Luong Payment Intermediary Portal Joint Stock Company also had similar developments: capital increased to nearly 370 billion VND and then returned to the original level of 52.7 billion VND in early 2024.

Not only in the technology field, Mr. Binh also expanded to real estate when he established Nextland Real Estate Investment and Trading Company Limited in February 2021, with a charter capital of 20 billion VND. After just over a year, the capital increased to 150 billion VND, but by September 2025, it decreased to 73 billion VND. The legal representative is Mr. Dao Manh Dung - Chairman of the Board of Directors and General Director.

NextTech's website currently has no products related to cryptocurrencies, but in 2021, this ecosystem strongly promoted the blockchain field.

In 2021, Mr. Binh announced an investment of 2.5 million USD in the AntEx blockchain project through the Next100Blockchain fund and held the role of strategic consultant. However, token AntEx quickly plummeted, losing up to 99% of its value; the website and official communication channels also stopped operating. In March 2023, AntEx changed its name to Rabbit (RAB) but the new token was still down more than 95% compared to its peak. This project is currently under investigation by the police.

The "billion-dong deals"

In addition to the pillar companies, Mr. Binh was the legal representative of many enterprises established in the period of 20122020 such as Taxially Vietnam, Weship Vietnam, Shippchung Vietnam, Hoa Binh Technology Solutions, O2O Vietnam Distribution Technology, Vietnam Financial Technology Services and 12Trip. Most of these enterprises have now ceased operations or dissolved.

NextTech also operates the Next100 investment fund and the Next100Blockchain branch specializing in pouring capital into early-stage startup projects, especially in the Web3 field.

Mr. Nguyen Hoa Binh's public image is associated with his role as a "shark" in the Shark tank Vietnam program through 5 seasons of broadcasting. He has closed dozens of deals, notably Coolmate (500,000 USD), Banh Mi Xin Chao (500,000 USD), Caty Foods - Dragon fruit noodles (1 million USD) and Kalo Toys (1 million USD, co-invested with Shark Minh Beta). In season 7 of 2024, Shark Binh is considered one of the investors with the most deals.

From the technology ecosystem to the adventure investment fund and television deals, the assets associated with Mr. Nguyen Hoa Binh can be divided into three classes, including: capital contribution and ownership ratio at core legal entities such as NextTech, Ngan Luong, NextPay...; second is the value at enterprises he once invested in; and third is the investments with commitments in the Shark tank program and the operation of the Next100 fund.

Not to mention other assets such as real estate or supercars that have appeared many times with this "shark". In total, the value of the assets that Shark Binh is holding is estimated at several hundred billion VND.

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