As part of the research program on "innovation, creativity and innovation" conducted by Investment Newspaper in collaboration with Viet Research, 50 businesses with effective business results and good growth potential were selected by the Organizing Committee. select. Viettel Construction is honored to become the only member company to appear in the ranking in 2023, led by the Military Industry - Telecommunications Group (Details of the ranking at https://vie50.vn/)
Military Industry - Telecommunications Group (Viettel) leads the ranking
For the Real Estate - Construction - Building Materials industry, the Top 50 Innovative and Effective Enterprises in 2023 ranked 03 companies, including: Vingroup, Viettel Construction and Cau Duong Investment JSC. CII.
Viettel Construction is in the Top 3 typical companies in the Real Estate - Construction - Building Materials industry
After two years of turmoil and crisis caused by the Covid-19 pandemic, businesses are gradually starting to aim for growth again. Most VIE50 businesses are actively seeking growth in the pre-pandemic golden age. Innovation and innovation continue to be the top priorities of businesses during this period.
In terms of industry structure of VIE50 enterprises, most of them are concentrated in 05 main groups of industries: Processing and manufacturing; Technology – Telecommunications; Financial banking; Healthcare and Logistics with the respective proportions of 28.0%, 14.0%, 12.0%, 10.0% and 8.0%. This is also a group of businesses promoting international integration, competitive pressure in the industry, increasing investment in technology and human resources in the new economic context.
VIE50 enterprises have clearly demonstrated their business efficiency as well as their ability to innovate and innovate in their operations, especially in the difficult period of the market. The production and business efficiency of VIE50 enterprises is reflected in the average growth rate of revenue and profit in the period of 2020-2022, reaching 14.91% (revenue) and 43.55% (profit). .
Evaluation of innovation activities and business efficiency of some enterprises VIE50
Creative forms of innovation bring success to businesses VIE50
In fact, Viettel Construction has applied creativity and innovation flexibly in the context of the volatile macro market, turning "danger" into "opportunity" to help the Corporation continuously complete and exceed the proposed plan. go out. In addition to continuously expanding distribution products nationwide, Viettel Construction also improves processes according to ISO standards, focuses on building corporate culture, innovating promotional activities to help customers reach customers. be informed and choose to sign.
In the period from 2017-2022, Viettel Construction has grown its revenue 2.84 times to 9,398 billion VND, a compound annual growth rate of 23%. Profit after tax had a growth rate of 3.77 times to VND 443 billion, a compound annual growth rate of 30%.