{"id":6787,"date":"2016-08-16T09:48:19","date_gmt":"2016-08-16T02:48:19","guid":{"rendered":"http:\/\/yup.edu.vn\/?p=6787"},"modified":"2026-10-01T01:20:21","modified_gmt":"2026-09-30T18:20:21","slug":"cau-chuyen-khoi-nghiep-cua-ong-chu-he-thong-sieu-thi-kids-plaza","status":"publish","type":"post","link":"https:\/\/yup.edu.vn\/en\/cau-chuyen-khoi-nghiep-cua-ong-chu-he-thong-sieu-thi-kids-plaza\/","title":{"rendered":"The startup story of the owner of the Kids Plaza supermarket chain"},"content":{"rendered":"<p><span style=\"font-size: 12pt;\"><strong>Starting with a small shop upstairs from a fashion store to save on rent, after nearly seven years, \u0110\u1ed7 V\u0103n Tu\u1ea5n, CEO of the Kids Plaza supermarket system, owned a nationwide mother-and-baby supermarket chain that ranked among Vietnam's largest.<\/strong><\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-size: 12pt;\"><a href=\"http:\/\/yup.edu.vn\/wp-content\/uploads\/2016\/08\/do-van-tuan-kids-plaza.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-6788\" src=\"http:\/\/yup.edu.vn\/wp-content\/uploads\/2016\/08\/do-van-tuan-kids-plaza.jpg\" alt=\"do van tuan kids plaza\" width=\"620\" height=\"405\" srcset=\"https:\/\/yup.edu.vn\/wp-content\/uploads\/2016\/08\/do-van-tuan-kids-plaza.jpg 620w, https:\/\/yup.edu.vn\/wp-content\/uploads\/2016\/08\/do-van-tuan-kids-plaza-300x196.jpg 300w\" sizes=\"(max-width: 620px) 100vw, 620px\" \/><\/a><\/span><span style=\"font-size: 12pt; line-height: 1.5;\">\u0110\u1ed7 V\u0103n Tu\u1ea5n, CEO of the Kids Plaza chain<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">He said his journey began in a \u201cblue ocean,\u201d and before that ocean turned red, Kids Plaza needed to create its own distinctive business values to retain customers. His chosen strategy for his brainchild was to accelerate chain expansion while investing heavily in \u201ckidsers,\u201d the people helping Kids Plaza grow stronger.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Meeting the owner of the 38-supermarket Kids Plaza chain in Ho Chi Minh City, the first impression of this northern entrepreneur is simplicity. Not only his clothes but also his way of speaking and sharing his ambitions for domestic e-commerce are sincere.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">A graduate of the Information Technology department at Hanoi Pedagogical University 2, \u0110\u1ed7 V\u0103n Tu\u1ea5n only smiled when asked why he went into business instead of teaching. Seeing Vietnam\u2019s enormous e-commerce potential and already possessing technological knowledge, he decided to apply it, beginning by building a brand on forums.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">In 2007, the Rich Dad Poor Dad book series was translated into Vietnamese and attracted a huge following. The series also had a considerable influence on \u0110\u1ed7 V\u0103n Tu\u1ea5n. Unlike other readers, however, he found a business opportunity beyond its pages.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">He recounted: \u201cThe book series mentions \u2018Game Cashflow,\u2019 which is sold at a fairly high price abroad. Knowing most Vietnamese people could not access it despite their interest, I commissioned domestic producers to make it and sold it online. At the time, I did not see this as a business opportunity; I simply wanted more people, including myself and my relatives, to practice the knowledge in the game.\u201d<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Meeting market demand precisely, all 5,000 \u2018Game Cashflow\u2019 sets produced sold out. Yet the market's reception and resulting profits did not satisfy \u0110\u1ed7 V\u0103n Tu\u1ea5n. He felt troubled because he knew what he was doing was wrong: infringing copyright and exploiting someone else's intellectual property. \u2018I decided to stop. It was not an easy decision, weighing profit against self-respect,\u2019 he confided.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">After closing his \u201cCashflow Game\u201d business, \u0110\u1ed7 V\u0103n Tu\u1ea5n returned to paid employment while continuing to search for his own path. He was then fortunate to receive a book from a member of the \u201cRich Dad\u201d forum<em>Blue ocean strategy <\/em>by authors W. Chan Kim and Ren\u00e9e Mauborgne. That book was the guiding compass that led him to establish Kids Plaza.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Back then, although he was not yet married, \u0110\u1ed7 V\u0103n Tu\u1ea5n was always fascinated by children\u2019s products at a nearby shop specializing in imported goods. Observing the market, he saw that most children\u2019s products in Vietnam at the time were not only very poor in quality but also carried many risks. Most toys, food and supplies were Chinese goods, while domestic products were of low quality\u2026<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">This reality opened a clear path for him: selling safe products for mothers and children. While continuing his job, Tu\u1ea5n bought mother-and-baby products in streets specializing in goods brought in from overseas and advertised them on his website. Gradually, he expanded the range.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">However, even when buying online, customers' greatest demand was to visit a store and choose for themselves. After three months experimenting with e-commerce, this need prompted Tu\u1ea5n and his friends to invest in a traditional store. \u201cOnly those who dare to think and act can become wealthy!\u201d he said.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">In the Early Days, Kids Plaza Was Just a Small Room Measuring Less Than 30m<sup>2<\/sup>, on the third floor at 22 Th\u00e1i Th\u1ecbnh, yet crowds came to buy. \u201cI successfully applied what I learned from dayconlamgiau.com to my sales website www.mevabe.com and later www.kidsplaza.vn,\u201d Tu\u1ea5n shared.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">After 8 months working in this room, he and his partner decided to rent the entire apartment. The address 22 Th\u00e1i Th\u1ecbnh became Kids Plaza\u2019s first \u201cbase.\u201d Kids Plaza Th\u00e1i Th\u1ecbnh reached VND 1 billion in sales in June 2010. That was when \u0110\u1ed7 V\u0103n Tu\u1ea5n began looking for more locations, starting the journey of turning Kids Plaza into a chain\u2026<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><strong><em>* You intended from the outset to apply your technology knowledge to e-commerce, yet Kids Plaza's current operations still seem traditional?<\/em><\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt;\">\u2013 It is true that I initially operated exclusively through e-commerce. But the more I interacted with customers, the more I saw that shopping in person still played a major role. Even now, with the internet influencing daily life, Vietnamese people still prefer to \u2018see and touch\u2019 products. I thought I should combine e-commerce with traditional retail. That decision enabled Kids Plaza to achieve breakthrough growth after its early days of online-only sales, laying the foundation for me to pursue more boldly my dream of developing Kids Plaza into a supermarket chain.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><strong><em>* After nearly seven years in business, what has enabled Kids Plaza's rapid growth?<\/em><\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt;\">\u2013 Not only Kids Plaza but other supermarkets selling mother-and-baby products are growing quickly. A feature of Vietnam\u2019s current demographic development is that the generations born in the 1970s and 1980s, which make up a large share of the population, are entering marriage and parenthood, creating a \u2018golden moment\u2019 for the market in safe mother-and-baby products.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Demand for these products is currently very high and will keep growing in the coming years. This is an opportunity not every country enjoys, and Vietnam may have to wait a very long time for another moment this favorable. Despite rapid growth, brands in this field continue investing heavily in expansion. Kids Plaza is no exception.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Besides market factors, empathy and sincerity toward users will be key to brands\u2019 competitiveness. Everyone knows that mothers and babies are the customers who need the greatest care and understanding.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">When Kids Plaza began operating, many people were surprised that we could offer free delivery for orders over VND 400,000 or allow easy exchanges and returns.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Mothers with young children naturally have little time to run to a store or find it difficult to carry purchases home. Children's development and preferences vary enormously, so products for them cannot always fit exactly. Kids Plaza listens to these needs to make shopping at our stores as comfortable as possible.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">The final factor is price. Mothers with young children often delight in buying something cheaper than others, even by just a few thousand dong. Accepting slightly lower profits in return allows Kids Plaza to win over the majority.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">We grow through small but highly practical \u201ctactics\u201d like these. Market power belongs to buyers, not sellers. Be sincere with your customers, and they will help you grow\u2014that is my belief!<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><strong><em>* Initially, Kids Plaza won customers with highly safe products imported from demanding markets such as the US, Japan, and Germany\u2026 But now brands from neighboring countries appear to dominate?<\/em><\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt;\">\u2013 Customers now think very differently, and the premium segment is not large. Focusing only on this group means business owners lose opportunities for themselves.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Although we welcome brands from South Korea, Taiwan, and elsewhere, I personally select each product, consider it carefully, and make sure its quality is good before bringing it into our network.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Before being an entrepreneur, I am a father who is \u201caddicted\u201d to his children. My children use the products I distribute, so I must ensure the best for these little customers. That is why Kids Plaza puts safety first when importing products.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Besides products from Taiwan and South Korea\u2026, we distribute many \u201cMade in Vietnam\u201d products. We can have sufficiently good manufacturing if we take product quality checks seriously.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Over the past year, I experimented with producing products under my own Kiza label. Kiza clothing, bassinets, cribs, and baby carriers have been very well received because I draw on Vietnam's strengths in garment manufacturing and wood production and processing.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">Kiza also has electronic product lines, such as milk warmers and bottle sterilizers, manufactured to order in the \u2018workshop of the world.\u2019 As mentioned, I do not emphasize where a product is made; I prioritize checking its quality before it reaches users.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">The current global business trend is cutting out intermediaries. Amazon and Walmart both work directly with manufacturers. I think I will develop in this direction.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><strong><em>* In 2015 alone, Kids Plaza added 37 stores nationwide. Was this too fast? Did you have enough time to prepare management for such rapid growth?<\/em><\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt;\">\u2013 Growth is indeed Kids Plaza's greatest pressure today. Growing too quickly without good management can cut you, because it is a double-edged sword. However, I believe every business goes through a period of rapid growth. Pressure is good because it pushes people to strive harder and surpass themselves.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">If my capacity is one, I set a target of three so I can give all my strength to achieve it. If I fail to reach three, at least I will achieve more than one, meaning I have surpassed myself.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">My goal for 2016 is for Kids Plaza to add 70 more stores. We are working extremely hard to achieve it.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><em><strong>* But that goal develops your business, while employees are merely wage earners\u2026<\/strong><\/em><\/span><\/p>\n<p><span style=\"font-size: 12pt;\">\u2013 Kids Plaza still lacks the resources to pay high salaries, but we are rich in optimism. The greatest benefit \u2018kidsers\u2019 gain from joining the Kids Plaza family is positive thinking and a spirit of continual striving. To foster this, I often sponsor employees\u2019 courses so they can broaden their awareness and skills.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">I also regularly spend time attending courses and sharing sessions by successful entrepreneurs to learn more about management and operations\u2026 I then share what I learn during staff gatherings. Running a company is like fielding a football team: every member needs real ability for the team to score.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><strong><em>* Besides caring for Kids Plaza, what personal plans do you have?<\/em><\/strong><\/span><\/p>\n<p><span style=\"font-size: 12pt;\">\u2013 One goal I always pursue is developing my own awareness. Investing in a project may succeed or fail, but investing in the mind is never wasted. Everything else will follow if you have knowledge and the desire to work.<\/span><\/p>\n<p><span style=\"font-size: 12pt;\">I keep telling employees that when we no longer want to learn, that is when we fall behind. My two children are still too young to understand this, but it will be what I tell them most often as they grow up.<\/span><\/p>\n<p style=\"text-align: right;\"><span style=\"font-size: 12pt;\">Collected<\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/article\/\">&gt;&gt; Great Articles on Entrepreneurship<\/a><\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/x-startup\/\">&gt;&gt; Business Startup Course<\/a><\/span><\/p>\n<p><span style=\"font-size: 12pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/ceo-coach-chuong-trinh-tu-van-kinh-doanh\/\">&gt;&gt; Business Consulting Program<\/a><\/span><\/p>\n<p data-seo=\"yup-program-link-20261001\"><strong>Ch\u01b0\u01a1ng tr\u00ecnh li\u00ean quan t\u1ea1i YUP Education:<\/strong> <a href=\"https:\/\/yup.edu.vn\/en\/x2\/\">X-ScaleUp \u2013 kh\u00f3a h\u1ecdc qu\u1ea3n tr\u1ecb doanh nghi\u1ec7p \u00abNh\u00e2n R\u1ed9ng \u0110\u00fang \u0110\u1eafn\u00bb<\/a> \u00b7 <a href=\"https:\/\/yup.edu.vn\/en\/journey\/\">The Journey \u2013 l\u1ed9 tr\u00ecnh ph\u00e1t tri\u1ec3n doanh nh\u00e2n<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>B\u1eaft \u0111\u1ea7u t\u1eeb m\u1ed9t c\u1eeda h\u00e0ng nh\u1ecf, n\u1eb1m \u1edf t\u1ea7ng tr\u00ean c\u1ee7a m\u1ed9t c\u1eeda h\u00e0ng th\u1eddi trang \u0111\u1ec3 c\u00f3 th\u1ec3 ti\u1ebft ki\u1ec7m chi ph\u00ed m\u1eb7t b\u1eb1ng, sau g\u1ea7n b\u1ea3y n\u0103m, \u0110\u1ed7 V\u0103n Tu\u1ea5n, Gi\u00e1m \u0111\u1ed1c \u0110i\u1ec1u h\u00e0nh H\u1ec7 th\u1ed1ng si\u00eau th\u1ecb Kids Plaza, \u0111\u00e3 s\u1edf h\u1eefu chu\u1ed7i si\u00eau th\u1ecb \u0111\u1ed3 d\u00f9ng m\u1eb9 v\u00e0 b\u00e9 lan [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[134],"tags":[],"class_list":["post-6787","post","type-post","status-publish","format-standard","hentry","category-article"],"_links":{"self":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/6787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/comments?post=6787"}],"version-history":[{"count":3,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/6787\/revisions"}],"predecessor-version":[{"id":18054,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/6787\/revisions\/18054"}],"wp:attachment":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/media?parent=6787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/categories?post=6787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/tags?post=6787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}