I used to be a young entrepreneur driven by a dream of bringing pho, a Vietnamese staple pronounced as ‘fuh’, to the rest of the world. I successfully realised this vision through the establishment of Pho24, a pho restaurant chain that thrived with 70 outlets across Vietnam, Indonesia, Singapore, the Philippines, Cambodia, Korea, Japan, and Australia in its peak year of 2010. During the expansion of Pho24 restaurant chain, I introduced a few foreign F&B concepts to the local market, including the Australian coffee chain Gloria Jean’s, the Singaporean bakery BreadTalk, and the Canadian dessert chain Yogan Fruz. This allowed me to wear two hats – serving as both the franchisor, selling the franchise system I created (Pho24 chain), and the franchisee, purchasing and learning from other franchise systems. Subsequently, in 2011, I successfully exited Pho24 and other F&B ventures. I relocated to Australia, where I dedicated more time to my other passion: teaching and inspiring younger generations. Today, I hold the role of Adjunct Professor at Western Sydney University in Australia. In 2019, I received the prestigious Honorary Doctor of Letters Award from the same university, recognising my contribution and achievements. In 2023, I returned to Vietnam and collaborated with the International School of Business at UEH University to introduce the unique LQT entrepreneurial program, Bachelor of Business. This program aims to complement the traditional academic curriculum by incorporating several soft and practical skill units that are crucial for aspiring entrepreneurs and leaders. One of the key features of the program is providing students with numerous opportunities to engage with the real business world through a series of LQT Talks delivered by influential and inspiring entrepreneurs and professionals. In addition to my business ventures, teaching and pioneering a new approach to entrepreneurship education, I have been an author for the past 15 years. I have published two books on franchising, one book on brand building for SMEs, one book on the restaurant business, one book for startups, an autobiography, and most recently, a book for those seeking business successes through differentiation. Most of my books have been reprinted several times, and two of them have become best-sellers.
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PresidentLqt Modern Entrepreneur Institute Sep 2023 - May 2024Ho Chi Minh City, VietnamI am the founder and lecturer of an unique entrepreneurial education program specifically crafted for university students.
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Honorary Senior AdvisorWestern Sydney University Sep 2020 - May 2024Parramatta, New South Wales, Australia -
Adjunct ProfessorWestern Sydney University May 2017 - Aug 2021Parramatta, New South Wales, Australia -
Senior Business AdvisorVnexus Capital Advisors Jun 2018 - Nov 2022Ho Chi Minh City Metropolitan Area
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Chief Executive OfficerAka Furniture Corporation Sep 2018 - Sep 2019Hcm City, Vietnam
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Managing DirectorNam An Group Feb 2001 - Jun 2013VietnamNam An Group owns and operates several successful food & beverage businesses in Vietnam. Besides the home grown brands, Nam An Group also brought international brands to Vietnam as master franchisees, including Gloria Jeans Coffee from Australia and Breadtalk from Singapore.
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Founder & CeoPho 24 Restaurant Chain Jun 2003 - Nov 2011VietnamIn 2003, founded Pho 24, a noodle restaurant chain which was pioneer in its business model as well as franchise concept in Vietnam. Pho 24 became the largest locally owned food chain in the country during its peak time in 2010. It has franchise stores in Indonesia, Singapore, the Philippines, Cambodia, South Korea, Hong Kong, Japan and Australia. Successfully sold the company in 2011 and in the same year, VnExpress readers voted me as one of the 50 game changers of the country.
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General ManagerSaigon Star Hotel May 1996 - Jun 2001VietnamIn charge of the the whole operations. Lead the hotel through the Asian economic crisis.
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Deputy General ManagerTecaworld Joint Venture Company Mar 1995 - Apr 1996Vietnam
Ly Qui Trung Skills
Ly Qui Trung Education Details
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Business Administration And Management, General -
Economics -
Hospitality Management -
Hospitality Management
Frequently Asked Questions about Ly Qui Trung
What is Ly Qui Trung's role at the current company?
Ly Qui Trung's current role is MA, PhD, Hon. Doctor.
What schools did Ly Qui Trung attend?
Ly Qui Trung attended Western Sydney University, University Of Cambridge, Griffith University, Western Sydney University.
What are some of Ly Qui Trung's interests?
Ly Qui Trung has interest in Teaching, Motivation Speaking, Oil Painting, Piano, Golf.
What skills is Ly Qui Trung known for?
Ly Qui Trung has skills like Public Speaking, Management, Entrepreneurship, Business, Franchising, Food Chain, Business Strategy, Negotiation, Strategic Planning.
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