Upper-level fluctuations and charter capital
Mr. Nguyen Hoa Binh (Shark Binh) started his business in 2001 with Hoa Binh Software Solutions Joint Stock Company (PeaceSoft). Initially, the company operated in the field of software for businesses, then switched to e-commerce and expanded to many other fields.
By 2013, PeaceSoft was restructured into Future Technology Investment and Development Company Limited - the predecessor of NextTech Group Joint Stock Company (NextTech Group) - focusing on investing in the fields of financial technology, e-commerce, electronic logistics and education - society. When established, Mr. Nguyen Hoa Binh (Shark Binh) held the position of Chairman of the Board of Directors and legal representative.
Since then, the enterprise has changed its registration information on charter capital and senior personnel many times. In 2020, NextTech's charter capital increased from VND 100 billion to VND 500 billion, with shareholders including Mr. Nguyen Hoa Binh contributing VND 350 billion (70%), Mr. Nguyen Huy Hoang contributing VND 50 billion (10%) and Mr. Dao Minh Phu contributing VND 100 billion (20%). Mr. Binh also holds the position of Chairman of the Board of Directors and General Director.
However, by October 2023, NextTech's charter capital decreased sharply to 4.2 billion VND. Similarly, a business in the NextTech ecosystem is Ngan Luong Payment Intermediary Portal Joint Stock Company - started with a capital of 52.7 billion VND, Ngan Luong has increased its capital many times, at one point to nearly 370 billion VND. However, by January 2024, the charter capital decreased to VND 52.7 billion.
Along with the fluctuations in charter capital at NextTech, executive power is also gradually shared as the position of General Director and legal representative changes continuously. From 2022, this title will be transferred to Mr. Dao Minh Phu, then to Mr. Dao Manh Dung from April 2024.
Mr. Dao Manh Dung took on the position of General Director and legal representative not long after Phuc An Hai Investment Company Limited appeared in the shareholder structure of NextTech, holding 0.5% of charter capital since the update in November 2023.
Phuc An Hai Investment Company Limited was established in August 2023 with a charter capital of VND 3.8 billion, with Mr. Dao Manh Dung as Director and legal representative. By July 2024, this enterprise increased its capital sharply to 127 billion VND. Currently, on the official website of the enterprise, Mr. Nguyen Hoa Binh is introduced as the founder, Chairman and Corporate Director of NextTech Group.
Revealing the surprise of the General Director of NextTech Group
According to business registration data, Mr. Dao Manh Dung is also or has been the legal representative of many other companies such as: Nextland Real Estate Investment and Trading Joint Stock Company, Univest Financial Technology Joint Stock Company, Nextfin Investment Joint Stock Company, Love Nest Vietnam Pharmaceutical and Cosmetic Services Trading and Trading Joint Stock Company and MD Management Services Company Limited.
In which, Nextland has a predecessor, Nextland Real Estate Investment and Trading Company Limited - established by Shark Binh in February 2021 with a charter capital of 20 billion VND. By March 2022, the enterprise converted to a joint stock company, including three shareholders: Mr. Doan Van Tuan contributed 8 billion VND (40%), Ms. Nguyen Ha Thuy contributed 4.8 billion VND (24%) and Ms. Le Thi Quyen contributed 7.2 billion VND (36%).
In March 2022, Nextland increased its capital to 70 billion VND, then to 150 billion VND in April of the same year. Mr. Dao Manh Dung holds the position of Chairman of the Board of Directors, General Director and legal representative. By December 2024, the charter capital had decreased to 142 billion VND; in June 2025, it had decreased to 86 billion VND and in September 2025, Mr. Dung continued to hold the executive position with 73 billion VND.
Meanwhile, other enterprises such as Love Nest Vietnam, Univest and Nextfin have stopped operating. MD Management Services Company Limited - established in April 2023 with a capital of VND 500 million - is currently temporarily suspended from business for a period of time.
