“The domestic growth space of Vietnamese real estate developers is still wide open, but it is not too early for foresight entrepreneurs to prepare for long-term baggage in the future. Hai Phat will be like big waves in the open sea coinciding with each other in order to bring the successful boat to new wharfs ”- Entrepreneur Do Quy Hai.
Rarely appearing in the newspaper, businessman Do Quy Hai is an unfamiliar name in the real estate market. He is the founder and leader of Hai Phat Invest – a leading real estate developer in Vietnam.
To the world of playing with trees and rocks, Mr. Hai is famous for not only the rare and poisonous plants, but also his philosophy of life he blew into the trees.
To the media, you seem to be a very silent person, although in the gossip, you are mentioned by the real estate business with the admiration because you are the person behind a series of big projects on the Hanoi market. Because you’re busy, accustomed to a peaceful way of life or something else?
I think I’m not a tight-lipped person. In the business world, I have a lot of friends, interact a lot but do not have the habit of talking too much about life.
It is not that I want to hide or have nothing to say but I only feel that private will belong to private. I’m not a showbiz person but is a businessman, so I think what I do will be more important than private.
Having contact with many friends, some are businessmen, some are officials, some also are ordinary people, so I think please share it reasonably, in the right time, and especially the right person. I say less do much,which really make them understand and trust me.
In fact, in many events of the Group, I also quite actively share views and how to run businesses with investors, financial organizations and institutions, and with my employees.
Here, all questions, all issues are directly addressed, they are explained thoroughly. I am not afraid to share my thoughts on all matters for everybody to understand what they do is right and bring real value.
From certain steps, Hai Phat Invest has gradually becomes a strong brand with many good projects which are trusted and welcomed by customers and investors.
At Hai Phat, I am also proud of a united and sustainable team, with a modern management model, competent and professional human resources system from top to bottom. With Hai Phat Invest, I often tell them that the land fund is an advantage, but people are the foundation for success.
During the past 16- year- establishment and development, we always focus on building a solid human resource foundation to implement plans, goals, visions for the next 5 years, 10 years, 15 years and even 20-30 years.
Everyone understands that people are the foundation for all success. However, to balance the ideal of dedication are very real stories, very existential about daily earning a living. In the context of the booming real estate market, talented people are always invited, even dragging, how can you keep them when having many opportunities outside, maybe even some has higher salary than Hai Phat?
You’re right, but I think it is not enough. Obviously, whatever you do, it is also for your life and for your family. However, for each person, besides the story of making a living, people also need both understanding and respect. When they arrive at work, in addition to material rewards, they must feel that they are working and being recognized. So, they are ready to be creative, ready to devote.
The bigger the scale, the more the business needs the employees’ creativity and dedication to the bigger and farther “targets”. Not to mention, the bigger the scale, the more the external factors impact, the more powerful the machinery is required to manage the growing amount of work.
Therefore, building a working environment and culture is extremely important. Why, with the same job, the same amount of work, there are other companies that pay higher salaries but they don’t apply. Simply, they found that this place is giving them the most comfort, giving them the most creative space, and ultimately the best promotion opportunity.
It is said that, not only a successful businessman, Mr. Hai is a very “connoisseur” in trees and rocks. Is it just a hobby or what do you think about human philosophy and corporate governance?
I do not understand what people say “connoisseur” means, but I have fun with trees and rocks and also spend a fairly long time to learn and study about it, despite being quite busy.
The “living” time with trees and rocks not only helped me to calm down, balance work pressure, but I also imbued with the philosophy that the “sages” left in this art.
Basic principles when playing bonsai, so as to grow healthy, it requires players to have a certain knowledge about plant varieties, about the growth and development cycle. In order for the tree to have the position and shape you want, it must have the pruning, bending orientation from the beginning. Shaping also must not be hasty, subjective, but should be careful, meticulous, suitable for each stage of development. The impatience, lack of knowledge about the development stage of a tree can lead to not creating the tree you want, even ruining the entire tree.
For businesses, too, in the process of business operations, leaders need to understand thoroughly each stage of development and market situation, from which make reasonable decisions, divide the “big target, long term” into small, short-term goals in stages with small and large sections appropriately.
Hai Phat with the 16- year construction and development, what can make investors and financial institutions trust Hai Phat Invest?
There are two elements we must think about, that is vision and people.
First, if we want to attract the investment of the world’s leading corporations, we must give them confidence, whose belief is first and foremost like reality, that is, they must have real land, and be capable of potential reality from soil.
And second, it also comes from that ability, how do we create the desired value for customers, for investment funds and for our own employees. That value includes the value in terms of profit and social value.
As consumers’ awareness level gets higher and higher, any enterprise is aware of both of these things, realizing it effectively and practically, that enterprise will receive more value in brand equity.
Since its establishment, in addition to creating ideal living spaces for customers, bringing valuable benefits to shareholders, Hai Phat Invest is also committed to the commitment to ensure the sustainable development of the environment.
We are responsible for the social, environmental and economic impact of our operations. That understanding of responsibility is a moral foundation for the company to develop business policies and practices that reflect the highest standards of transparency and sustainability. Hai Phat wants to develop harmoniously with the happiness index of residents in particular and social community in general.
The sustainable development strategy of Hai Phat is clearly shown in a series of projects invested by the company such as The Pride, Roman Plaza, 24h Commercial Street Van Phuc, HPC Landmark 105, or The Vesta Phu Lam, etc.
On the occasion of Vietnamese Businessmen Day 13/10, we wish you and Entrepreneurs always overcome all challenges, conquer all limits, seek and achieve their own achievements. I wish you always keep the passion to inspire entrepreneurship for everyone.