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Viettel Construction and FECON shake hands for strategic cooperation and ecosystem resonance

On February 26, 2021, Viettel Construction and FECON signed a strategic cooperation agreement in the field of construction and investment in Vietnam. This event opened a new bright spot in the construction market by taking advantage of the strengths of two large enterprises in the industry.

VIETTEL CONSTRUCTION EMPLOYEES BRAVELY SAVED GIRL IN THE HORROR LANDSLIDE IN HA GIANG

Mr. Nguyen Duc Tai recounted the moment when he and his nephew tried to run as fast as possible, behind them were thousands of blocks of rock and soil falling and the panicked screams of people during the terrible landslide in Ha Giang.

PEOPLE ARE ALLOWED TO SELL SOLAR ELECTRICITY BELOW 10% OF CAPACITY

Deputy Prime Minister Tran Hong Ha requested the Ministry of Industry and Trade to soon present a plan for people to resell excess rooftop solar power, but not more than 10% of capacity.

[06T.2024] Viettel Construction production and business news

Cumulatively in the first 6 months of 2024, Viettel Construction completed 45% of the revenue plan and 46% of the profit plan. The Corporation signed many telecommunications construction and installation projects, public investment, civil construction projects,... of great value. Fortune magazine ranked Viettel Construction in the Top 500 largest companies in Southeast Asia.

FOR THE 3RD CONSECUTIVE YEAR, VIETTEL CONSTRUCTION REACHED THE TOP 50 BEST LISTED COMPANIES IN VIETNAM (FORBES)

Forbes Vietnam magazine has just announced the list of 50 best listed companies in 2024. Based on the revenue and profit rankings, Viettel Construction increased 2 places compared to 2023.

FORTUNE HONORS VIETTEL CONSTRUCTION IN THE TOP 500 LARGEST COMPANIES IN SOUTHEAST ASIA

Recently, the famous Fortune magazine announced the Top 500 largest companies in Southeast Asia in 57 fields, based on revenue criteria for the fiscal year 2023.

Pictures of the cooperation agreement between Viettel Construction and FECON

With 25 years of experience in construction and development, Viettel Construction is currently the leading enterprise providing smart services on technical platforms, operating on 5 key pillars: civil construction, infrastructure investment, operating operations, integrated solutions, and information technology. 

In 2020, Viettel Construction impresses with revenue of more than 6400 billion VND, of which solar energy (under Integrated Solutions) achieves breakthrough results when directly consulting, designing, and installing many projects. large solar power across the country such as Thuan Minh solar power project 50MWP - Binh Thuan, Textile Dong Quang solar power 10MWP - Long An, Thang Long Group 10MWP - Phu Yen, ... and many residential roof voltage projects other across 63 provinces.

About FECON, from a construction enterprise that specializes in the underground foundation, foundation, and works, FECON is expanding its scale and is strongly becoming a prestigious infrastructure, energy, and industrial contractor in Vietnam. . In 2020, FECON achieved an impressive number of newly signed contracts of up to 6,000 billion VND, notably a series of wind power projects in the South Central, Southwestern provinces and the Metro line 3 project in Hanoi. (FECON is in charge of assembling and operating the TBM tunneling robot). Trong lĩnh vực đầu tư dự án, tháng 1 vừa qua, FECON vừa được UBND tỉnh Bà Rịa – Vũng Tàu cho phép thực hiện nghiên cứu lập hồ sơ dự án nhà máy điện gió trên biển với tổng công suất dự kiến 500MW.

The strategic cooperation event between Viettel Construction and FECON is the result of similarities in many aspects, from business to market culture. According to the signed document, the two enterprises will cooperate in the construction of infrastructure projects, industrial parks, real estate, and general contractors for energy projects. Together evaluate potential investment opportunities for the partnership in the shortest time.

Attending the signing ceremony, Mr. Pham Dinh Truong - General Director of Viettel Construction happily expressed: “The association between the two businesses will bring more value to customers, helping the society to develop more and more. based on core competencies that both parties possess. Viettel's strength is in understanding telecommunications construction, applying high technology, and building smart urban and industrial zones; FECON also has a deep understanding of foundations, foundations, underground works, and construction of special structures. The two businesses will work together to become a general contractor, the main contractor in many projects in the future ”.

Mr. Pham Dinh Truong - General Director of Viettel Construction expressed his opinion to FECON

Affirming the close cooperation of both parties in the future, Mr. Pham Viet Khoa - Chairman of FECON's Board of Directors shared:

As can be seen, the 6 development pillars of Viettel Construction are currently the pieces of the puzzle with the current FECON. For example, in the construction segment, FECON can participate in the foundation and infrastructure items in civil projects; Construction of heavy and raw parts in industrial projects ... Similar to the investment segment, Viettel Construction can provide equipment and operating technology in industrial parks and green urban areas that FECON is researching. research and development, contributing to the increase in real estate value when applying digital technology ".

Mr. Pham Viet Khoa - Chairman of the Board of Directors of FECON

The combination of Viettel Construction and FECON promises to be a new weight handshake in the market at the beginning of 2021, opening up strong development opportunities for both parties in the future.

VIETTEL CONSTRUCTION EMPLOYEES BRAVELY SAVED GIRL IN THE HORROR LANDSLIDE IN HA GIANG

Mr. Nguyen Duc Tai recounted the moment when he and his nephew tried to run as fast as possible, behind them were thousands of blocks of rock and soil falling and the panicked screams of people during the terrible landslide in Ha Giang.

PEOPLE ARE ALLOWED TO SELL SOLAR ELECTRICITY BELOW 10% OF CAPACITY

Deputy Prime Minister Tran Hong Ha requested the Ministry of Industry and Trade to soon present a plan for people to resell excess rooftop solar power, but not more than 10% of capacity.

[06T.2024] Viettel Construction production and business news

Cumulatively in the first 6 months of 2024, Viettel Construction completed 45% of the revenue plan and 46% of the profit plan. The Corporation signed many telecommunications construction and installation projects, public investment, civil construction projects,... of great value. Fortune magazine ranked Viettel Construction in the Top 500 largest companies in Southeast Asia.

FOR THE 3RD CONSECUTIVE YEAR, VIETTEL CONSTRUCTION REACHED THE TOP 50 BEST LISTED COMPANIES IN VIETNAM (FORBES)

Forbes Vietnam magazine has just announced the list of 50 best listed companies in 2024. Based on the revenue and profit rankings, Viettel Construction increased 2 places compared to 2023.

FORTUNE HONORS VIETTEL CONSTRUCTION IN THE TOP 500 LARGEST COMPANIES IN SOUTHEAST ASIA

Recently, the famous Fortune magazine announced the Top 500 largest companies in Southeast Asia in 57 fields, based on revenue criteria for the fiscal year 2023.

VIETTEL CONSTRUCTION EMPLOYEES BRAVELY SAVED GIRL IN THE HORROR LANDSLIDE IN HA GIANG

Mr. Nguyen Duc Tai recounted the moment when he and his nephew tried to run as fast as possible, behind them were thousands of blocks of rock and soil falling and the panicked screams of people during the terrible landslide in Ha Giang.

PEOPLE ARE ALLOWED TO SELL SOLAR ELECTRICITY BELOW 10% OF CAPACITY

Deputy Prime Minister Tran Hong Ha requested the Ministry of Industry and Trade to soon present a plan for people to resell excess rooftop solar power, but not more than 10% of capacity.

[06T.2024] Viettel Construction production and business news

Cumulatively in the first 6 months of 2024, Viettel Construction completed 45% of the revenue plan and 46% of the profit plan. The Corporation signed many telecommunications construction and installation projects, public investment, civil construction projects,... of great value. Fortune magazine ranked Viettel Construction in the Top 500 largest companies in Southeast Asia.

FOR THE 3RD CONSECUTIVE YEAR, VIETTEL CONSTRUCTION REACHED THE TOP 50 BEST LISTED COMPANIES IN VIETNAM (FORBES)

Forbes Vietnam magazine has just announced the list of 50 best listed companies in 2024. Based on the revenue and profit rankings, Viettel Construction increased 2 places compared to 2023.

FORTUNE HONORS VIETTEL CONSTRUCTION IN THE TOP 500 LARGEST COMPANIES IN SOUTHEAST ASIA

Recently, the famous Fortune magazine announced the Top 500 largest companies in Southeast Asia in 57 fields, based on revenue criteria for the fiscal year 2023.

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