Ho Chi Minh City skyline across the Saigon River, with the Thủ Thiêm 2 Bridge under construction

About Corvus

Nguyễn Đức Đạt, founder of Corvus Industries

Founder

Nguyễn Đức Đạt

Structuring Vietnam’s priority infrastructure for investment, working between public authorities, local operators and capital partners.

Focus

Infrastructure, structured for investment

Energy, industrial, real estate and marine assets in Vietnam. He looks for projects worth backing, confirms who holds the land, the rights and the approvals, and prepares them for capital partners across equity and debt.

REAL ESTATEENERGYINDUSTRIALMARINE & PORTS

Based

Ho Chi Minh City

Working across Vietnam’s provinces, from the Mekong Delta to Hanoi.

HCMCSAIGON RIVER

In brief

Nguyễn Đức Đạt is the founder of Corvus Industries, a Vietnam-focused infrastructure investment and advisory firm.

His background combines early entrepreneurial experience in California with several years of work on development proposals and commercial opportunities in Vietnam. His focus is on understanding what makes projects viable, identifying the requirements for investment, and bringing greater clarity to the decisions facing project owners and capital partners.

2020–2023 · Orange County, California

An early start

Đạt grew up in Orange County and started his first business in 2020. What began as small-scale electronics arbitrage during the pandemic grew, within a year, into a high-volume trading operation.

The business moved considerable volume on thin margins and was financed largely through short-term credit. Running it taught him how quickly financing costs and overhead erode returns, and how much depends on managing working capital well.

To formalise the operation, he took office space in Irvine in 2022, including a desk in a Class A office development on Jamboree. It added fixed costs before the economics fully supported them. It also gave him an early, close view of how institutional real estate is owned and managed, and some of the relationships from that time carried into his later work in finance and infrastructure development.

That period changed how he thought about enterprise. He became less interested in transactions for their own sake and more interested in what lets a business endure: sound economics, responsible financing, and the link between capital and productive assets.

His interest moved toward Vietnam, where those questions take a larger and more tangible form.

Corvus Industries grew out of that inquiry.

A street in the Old Quarter of Hanoi: shopfronts, overhead cables and parked motorbikes
Hanoi, Old Quarter · Richard Mortel · CC BY 2.0

2022 · Hanoi

Choosing Vietnam

He arrived without an established local network.

In 2022 Đạt moved to Vietnam, starting in the north, a part of the country quite different from the southern Vietnam he knew through family. He spent his first period on the ground studying the country and documenting what he learned.

He arrived thinking about trade and margins. The questions he found were larger: how roads, power, land, labour and institutions decide whether a business can grow at all. Vietnam has been the centre of his work ever since.

2023–2025 · The Mekong Delta and beyond

Learning how projects come together

One of his first major pieces of work was a proposal for a private general hospital in Sóc Trăng, in the Mekong Delta. It meant working through the land, the building, the medical equipment, the staffing and the financial case at the same time, and seeing how each one depends on the others.

Over the following years he worked on proposals in healthcare, agriculture, hospitality and energy. Several did not proceed. Some were not ready, some were not structured well, and some relied on commitments that did not materialise. Seeing those reasons up close shaped how he works.

He learned to separate the story around a project from where it actually stands: who holds the decision, what is documented, and what is still proposed. He also learned that a reputation rests on delivering what was promised.

The Cái Côn river between Sóc Trăng and Hậu Giang in the Mekong Delta
The Cái Côn river, Sóc Trăng. Location photograph.TUIBAJAVE · CC BY-SA 4.0

Today · Ho Chi Minh City

Building Corvus

Corvus Industries identifies and structures infrastructure opportunities in Vietnam’s energy, industrial, real estate and marine sectors. Đạt coordinates action between local authorities, project owners, operators, and stakeholders.

In practice that means defining the project, confirming who holds which rights, testing the commercial case and moving a clear piece of work toward a decision. Corvx, the firm’s technology division, takes on separately scoped digital and software work.

He is building Corvus to be a firm partners can rely on over many years, one engagement at a time.

DEFINESECTORSWHO DECIDESRIGHTS & APPROVALSCOMMERCIAL CASEDECISIONCORVXDELIVERED

Approach

Đạt came to this work without an institution behind him, and built the knowledge, the methods and the relationships himself.

His aim is to do work he can stand behind and to help build assets Vietnam will use for a long time.

Corvus Insights

What he keeps coming back to

Đạt writes to test his thinking. These are the questions he returns to most, each with the article where he worked through it.

All insights
LinkedIn

Tell us what you are building.

If you are working on a project or a company in Vietnam, Đạt would be glad to hear where it stands and what comes next.

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Inquiries

Start a conversation

Tell us what you are working on. We will reply personally to discuss how we can help you invest, enter, or grow in Vietnam.

Email us
NDD@corvusindustries.com
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