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President & General Director of The 36 Corporation JSC Honored at the Asia Pacific Entrepreneurship Awards 2019

HO CHI MINH, VIETNAM�-�Media OutReach�-�21 October 2019 -�Twenty-six outstanding Vietnamese business leaders and organisations
were honored at the recently concluded Asia Pacific Entrepreneurship Awards
2019 or APEA 2019 at Sofitel Saigon Plaza, Ho Chi Minh, Vietnam.

An initiative by Enterprise Asia, the leading non-governmental
organization for entrepreneurship in Asia, APEA is the largest regional
recognition program, with over 3,000 nominations received each year, and less
2than one tenth of that receiving the awards in all 14 markets. With the theme
of 'Promoting Inclusive Economic
Development Through Sustainable Entrepreneurship',
over 300 attendees were
present at the by-invitation only event, comprising of industry leaders and
dignitaries.

About Mr. Nguyen
Dang Giap

Born and
raised in Nghe An province, Vietnam in 1954, Nguyen Dang Giap has joined the
army force since very early age of 18. The period before the ending of Vietnam
War, from 1972 to 1975 he took part in the battlefield no.559. Shortly after
the Fall of Saigon in 1975, Captain Giap continuously served in the army force
and conducted the international army missions in Laos from 1975 to 1986.

In 1987 Mr.
Giap returned Vietnam and worked for The Corps no.11 based in Hanoi. At that
time, he was promoted to Lieutenant Colonel and assigned as Assistant Equipment
Manager and then Deputy Director of Subsidiary no.37 that belonged to the Corps
no.11. In 2003, Mr. Giap was mobilized from the Subsidiary no.37 to the
Subsidiary no. 36, a member of the Corps no. 11, and designated to be the
Director. At the time of the handover of the previous business, it was highly
likely to go bankrupt. Shortly after the designation as the Director of the
Subsidiary, Mr. Giap undertook a revolution, crafting and implementing a new
strategy that aimed to save the company and take it to greater heights. Mr Giap
lead The Subsidiary no.36 and achieved excellent performance. Not only was the
financial loss was bounced back but also the revenues has been increasing
consecutively.

In 2008, the
recession of the world that stemmed from the US heavily affected Asian region
and Vietnam, resulting in several companies experienced hardships especially
construction enterprises. Mr. Giap showed his enterprising characteristics and
excellent management by proactively changing the strategy to adapt the emerging
situation. Consequently, "The 36" did not only overcome difficulties but also
was brave to merge the Company no.56, a member of Thanh An Corporation, that
was going bankrupt with a tremendous net loss of 130 billion VND. The
reasonable decision of his, prevented 1.400 employees from unemployment. This
initiative depicts the being humanistic and long-term vision of Mr. Giap.
Furthermore, he invested more than 700 billion VND to buy 600 modern
construction machines, creating technically competitive advantages. Thanks to
his innovation in management and directing, "The 36" was entrusted to implement
a lot of large-scale, important and complicated infrastructure construction
projects.

Mr. Giap
believed that "The 36" that has impressive achievements, advantages of an army
enterprise, and disciplined people would grow best if it is governed by a
privatize mechanism, which individuals'

responsibilities
and permission are defined clearly. Mr. Giap again showed his enterprising
characteristics and excellent management by proactively changing the strategy
in order to create future competitiveness. In 2014, Mr. Giap led The 36
Corporation planning for privatization process, transforming the state-owned
company into private company. The transformation was comprised of tailoring a
new strategy, an effective management system, and establishing a strong
corporate culture that emphasizes an effective autonomy, and innovation. This
revolution was unprecedented within the organizations of the Ministry of
National Defence.

About Asia Pacific Entrepreneurship Awards

Launched in 2007, the Asia Pacific Entrepreneurship Awards is the
region's most prestigious awards for outstanding entrepreneurship, continuous
innovation and sustainable leadership. The Award provides a platform for
companies and governments to recognize entrepreneurial excellence, hence
spurring greater innovation, fair business practices and growth in
entrepreneurship. As a regional award, it groups together leading entrepreneurs
as a powerful voice for entrepreneurship and serves as a by-invitation only
networking powerhouse. The program has grown to encompass 14 countries and
markets all over Asia. For further information, visit www.apea.asia.

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