At the annual General Meeting of Shareholders, leaders of Viettel Construction said that taking on low-rise projects will help Viettel Construction to recover capital faster, despite having a license to build apartments up to 30 floors, but the It is difficult for the company to compete with specialized enterprises, not to mention the slow rate of capital recovery.
Most recently, on March 7, 2022, Viettel Construction and Tran Anh Group signed a construction contract to build nearly 200 villas under Phuc An Asuka project in An Giang, the total contract value is up to 110 billion VND. . This is a pioneer project in the city. Chau Doc, built in the segment of multi-utility urban areas, Japanese style in the center of the festival city.
In addition, Viettel Construction is currently constructing many typical large projects such as: Southern Bac Giang Urban Area (Investor of a joint venture between Tuan Mai Trading Joint Stock Company, TuTa and Golden Turtle), Aqua City (Novaland Investor). , Hinode Royal Park (WTO), Louis City (VFI), Apec Golden Valley Muong Lo – Yen Bai,…
In the field of civil construction, Viettel Construction has 12 years of experience, the company itself has previously constructed many Viettel buildings and barracks (198/BTL Brigade, 887th Battalion, 151st Rada Battalion) /Region 1 navy,…) or big projects like Vinhomes Dragon Bay (Quang Ninh), FLC (Vinh Phuc, Quang Ninh, Binh Dinh,...).
As an enterprise in the ecosystem of Viettel Group, Viettel Construction will have certain advantages when participating in the civil construction segment. Especially the integration of technological equipment after construction. This makes it easy for investors to choose Viettel Construction because of its ability to provide services according to the ecosystem, optimizing the entire project management cycle.
Viettel Construction currently owns a large staff of up to 11,000 people widely distributed in 63 provinces. Entering the construction market will help the company make the most of available resources. According to recently announced information, Viettel Construction has developed a plan and roadmap to become a company with billions of dollars in revenue by 2025 (in which, becoming the leading civil construction contractor in Vietnam with a large scale of business). revenue reached 15,000 billion dong).
According to BMI, the growth rate of the housing construction sector in Vietnam will average 7.1% annually. The housing market is divided into two segments: project housing in urban areas (villas, apartments, townhouses) and private houses of households. The market for housing construction for households is a very large market, with 200,000 billion/year. This is an open market segment and is usually carried out by small-scale (informal) private entities. However, with the strong growth of Vietnam's economy (GDP per capita is increasing), consumption trends have changed a lot. This is a great opportunity for large construction companies, including Viettel Construction.
In general, in 2021, Viettel Construction recorded a revenue of 7,454 billion VND and profit after tax of 375.76 billion VND, an increase of 17% and 37% respectively compared to the previous year, this is also the largest profit figure of Viettel Construction. achieved since its founding.
Về cơ cấu doanh thu năm 2021, mảng Xây lắp công trình tăng trưởng tốt đạt 1.951 tỷ đồng (tăng trưởng 21% so với năm 2020), công ty liên tục ký kết thi công nhiều dự án lớn.