In the first 8 months of 2022, Viettel Construction's civil construction (construction) field has a clear growth compared to 2021. SME&B2C construction work recorded VND 1,122 billion, up 99.2% compared to 2021. (△= 558.9 billion dong). For B2B construction, it was recorded at VND 1,215 billion, up 53.1% compared to 2021 (△= VND 421.3 billion).
The program of one construction project per commune of Viettel Construction: cumulatively implemented 1,678 communes, equivalent to 32% of the plan (5,304 communes), equivalent to 16% of the total number of communes in the country (10,609 communes). The district coverage rate reached 627 districts, equivalent to 89.4% of the total number of districts in the country (701 districts).
The chart shows the source of work in the construction industry by 2 target customer groups (Unit: million VND)
As for the prospects of the construction industry, it promises to be a potential market of Viettel Construction in the period of 2023-2025 when people tend to leave the city to live, renovate and expand their homes. homestay business model. Urban cities of class 2,3 (with 100,000 people or more) are becoming new investment destinations of many investors such as Apec Group, Eurowindow, DojiLand, etc.
In addition, according to a recent report by SSI Research, public investment will be the main growth driver from the second half of 2022, in which capital disbursement will focus on site clearance of projects. Public investment projects are being prioritized. After being approved at the National Assembly session in May, the Government quickly implemented public investment projects in the Economic Development and Recovery Program 2022-2023, including two ring road projects. belts in Hanoi and HCMC, and some expressways.
Report source: SSI Research
According to the report of the Ministry of Planning and Investment on disbursement of state budget investment capital in the first 6 months of 2022, the estimated payment by June 30, 2022 is VND 151,046.65 billion, reaching 27.86% of the Prime Minister's plan. assigned by the Prime Minister. The Ministry of Planning and Investment also proposed solutions to accelerate the disbursement of public investment capital in the last 6 months of 2022. To promote public investment, the Government is aiming to hand over 70% of the land area of the project. construction and installation bidding packages for projects before the second quarter of 2023, the rest to be handed over in the fourth quarter of 2023. Moreover, in order to speed up disbursement, the Government will also apply a reward mechanism for progressing contractors, as well as establish a national steering committee on transport infrastructure projects.
With the bright advantages of the market, it will become a potential opportunity for Viettel Construction to promote its existing capacity and competitive advantage.
In the first 8 months of 2022, Viettel Construction has signed and implemented many large projects across the country, typically such as:
– Vinhomes Dream City (Vinhomes Ocean Park The Empire):
- Investor: VINHOMES JSC (belonging to Vingroup)
- Construction site: Located in two communes Long Hung - Nghia Tru, Van Giang, Hung Yen.
- Viettel Construction executes reinforced concrete structure foundation, underground M&E,... a total of 286 adjacent villas.
Perspective of Vinhomes Ocean Park The Empire project
– Aqua WaterFront City Dong Nai project:
- Investor: Da Lat Valley Real Estate Company Limited.
- Construction site: Long Hung Commune, City. Bien Hoa, Dong Nai Province.
- Viettel Construction carries out structural construction, finishing & rough MEP of 124 low-rise villas in area 7A3 (64ha). Construction, finishing and rough MEP for 106 low-rise villas in area 7A2 (64 ha).
– Project of mixed-use urban area, high-class entertainment II-HH11 Bac Giang
- Investor: Joint venture between Tuta Group Joint Stock Company, Tuan Mai Trading Joint Stock Company and Golden Turtle Trading Joint Stock Company.
- Construction site: Southern urban area, Bac Giang city.
- Viettel Construction constructed the structure, architecture and finished plastering 171 Shophouse apartments. The project was officially started in February 2022.
– Louis City Hoang Mai urban area:
- Investor: Hoang Mai Urban Development Investment Joint Stock Company.
- Construction site: Location: Hoang Van Thu ward, Thinh Liet, Yen So, Hoang Mai district, Hanoi.
- Viettel Construction carried out the rough construction, finishing the exterior of the low-rise housing with 552 villas.
– Danko City Thai Nguyen project – Danko Group:
- Investor: DANKO Group Joint Stock Company Construction
- Construction site: Thai Nguyen city, Thai Nguyen province.
- Viettel Construction constructed rough construction and finished the exterior including 37 apartments in lots SH04, SH05, SH06A.
– Golden Hills Danang project:
- Investor: Trung Nam Joint Stock Company
- Construction site: Nguyen Tat Thanh Street, Hoa Hiep Nam Ward - Hoa Hiep Bac, Lien Chieu District, Da Nang City..
- Viettel Construction constructed the rough part and completed the exterior of 85 townhouses and villas in the front of the project.
– Project Hinode Royal Park Kim Chung – Di Trach
- Investor: Vietracimex Construction Trading Joint Stock Company.
- Construction site: Highway 32, the intersection between Kim Chung and Di Trach communes, Hoai Duc district, Hanoi city.
- Viettel Construction constructed the rough part, finishing the exterior of the low-rise area with 96 apartments, including adjacent lots LK03.29 to LK03.56; LK05.17 to LK05.32; LK08.20A to LK08.39.
The perspective of Hinode Royal Park project
- Tran Anh Project (Phuc An Asuka):
- Investor: Tran Anh Real Estate Trading Joint Stock Company.
- Construction site: Ton Duc Thang Street, Vinh My Ward, Chau Doc City, An Giang Province.
- Viettel Construction carries out the construction of the whole package of the rough part, finishing the outside of 200 townhouses.
- Dong Nai Green Land Project:
- Investor: Ha An Real Estate Business Investment Joint Stock Company.
- Construction site: Residential area Long Duc Commune, Long Thanh District, Dong Nai Province.
- Viettel Construction constructs the structure and completes the exterior of 82 adjacent apartments in the 92.2ha residential project.