Just in a short time, Viteccons continued winning bid 4 projects in Ho Chi Minh City, Phan Thiet, Ben Tre, Binh Phuoc. Not only is the good news for a construction trying to assert itself but also signals a new journey of Viteccons in its 10th anniversary.

Trúng thầu 4 dự án trong vòng 1 tháng

While the construction business has reduced the number of contracts to about 30-50% (according to Ho Chi Minh City Real Estate Association – HoREA), the success of Viteccons winning many projects within 1 month is considered as remarkable signal in the industry.

After a stable development period (2014-2019), Viteccons achieved an average revenue growth of 40%/year; average asset growth is 37% and average capital growth is 38%. In the near future, Viteccons will enter a period of strong acceleration when setting a target of Viteccons revenue in the next 3 years to increase 5 times.

This goal is predicted to be feasible because according to Mr. Phan Huy Vinh – General Director of Viteccons, The Company is capable of undertaking challenging working. More importance, Investor are knowledgeable about construction market and internal of power contractors.

Typically, after a number of project assigned to big contractors for construction, to recent projects such as The 67 Building (BS7), The Graces (BS5), Beautiful Sai Gon Company has transferred to Viteccons as a General Contractor for these projects.

Knowing that, Beautiful Sai Gon Company is an Investor from Korea specialize in Real Estate projects in the Sai Gon South area through series A office such as: BS1, BS2, Capri, Ibis…

Alliance One Apparel belong Liberty Inter Group (Thai Lan) entrusted to Viteccons as general contractor (D&B) for A1A Office Building of Alliance One in Ben Tre Province – application according international standard and LEED Green architecture .

Viteccons làm Tổng thầu thiết kế và thi công (D&B) dự án Alliance one - A1A (Bến Tre) theo tiêu chuẩn LEED

Besides that, Viteccons also wined for bidding 2 projects as role Main Contractor at Summerland Resort Phan Thiet and Khoi Nguyen Paper Factory in Binh Phuoc Province.

Viteccons also promoted to work with big customers such as Vingroup, Novaland, Phuc Khang, Khang Dien, Nam Long… some foreign investors such as Central Group, Phu My Hung or Investors from Taiwan, Singapore, Hong Kong, Korea, China, Thailand… started to establish cooperation in some of projects.

Choose of Investor

In the eye of Investors, Viteccons emerged as a new factor. With human resources, Viteccons bring together highly qualified and specialized personnel with extensive management experience from the leading construction companies in Vietnam. In fact, the team of engineers, architects, experts… in Viteccons has reached more than 200 people.

Mr. Phan Huy Vinh affirmed: “ The company has and will give priority to human resource development. Everyone working at Viteccons according to their expertise, abilities, strengths, frankly presented all personal opinions and views. Viteccons aims to collectively benefit, share thoughts with each other’s and work to build a happy working environment.”

Mr. Vinh added, Viteccons has also organized a monitoring system and built an appropriate management model

In each different period, Viteccons will design different models to help the company operate most effectively. The year of 2019 marked a lot of changes when Viteccons improved it financial capacity, increased capital, invested in equipment, added high level personnel, promoted the brand repositioning strategy in the construction market.

Project of The Graces Office  in TP.HCM by Viteccons as General Contractor

Viteccons always focuses on technological factors such á applying BIM Model, built according to LEED standards… to optimize solutions and meet the best quality as required by the investor. Viteccons has become the D&B general contractor of projects: Sai Gon 3 Jean, Phuong Nam Panel Insulation Factory, The 67…

General in 10 years operation, Viteccons construction hundred projects in all country with many multiform such as: Rivera Point Complex, Lake View City, Ecopark building…(building construction); Da Lat Big C, Nguyen Kim Trading Central, Nha Trang Plaza, Indochina Plaza… (Business – Office).

Nha Trang Fusion Resort… (Hotel – Resort); Vinamilk factory, P&G Factory, Heineken Factory, Bibica Factory.. (Industry); SIS International School System as SIS Ha Noi Gamuda Garden , SIS Ha Long, SIS Can Tho, Binh Dinh… (Culture – Medical – Education).

Recently, Viteccons upgraded its ME Department to Vireeco Refrigeration Electrical Engineering Corporation. In addition to ME, Vireeco is free to create and expand its operations. These are potential preparatory steps for Viteccons to transform itself in the next 3-5 years.

N.T 
According Securities Investment  -  https://tinnhanhchungkhoan.vn/chuyen-dong-doanh-nghiep/viteccons-lien-tiep-trung-thau-4-du-an-304968.html