Hotline: 024.3540.2246

(DTCK) HVC Group: Strongly overcome the pandemic with a series of consecutive winning announcements

19/08/2021

(ĐTCK) At a time when the 4th wave of Covid-19 is becoming increasingly complicated, HVC Group (HOSE: HVH) has taken a remarkable "upstream" step by winning the most bids for large projects in a row.

During the epidemic season, there was a "new record" set.

According to an HVC Group representative, the most difficult time for most businesses appeared to be when HVC set its own "new record," when this was the time to win the most consecutive bidding packages so far.

In particular, since July 2021, HVC Group has received winning bids for major projects such as: Yoko Onsen Quang Hanh Resort Project of Sun Group, Sunshine Heritage Mui Ne of Sunshine Group, Danko City Thai Nguyen of Danko Group, NovaWorld Phan Thiet of Novaland Group; signed a contract with Apec Group at Mandala Wyndham Mui Ne project…

The content of the bidding package, in particular, continues to focus on the enterprise's strengths, such as the general contractor of M&E for infrastructure, the general contractor of M&E for commercial centers, and the general contractor of water park technology with the entire or majority of the project.

Sunshine Heritage Mui Ne project: HVC Group is the general contractor for the construction of electricity, lighting, and telecommunications infrastructure on a 65ha subdivision (on an 85ha total area).

HVC Group is the general contractor for the Yoko Onsen Quang Hanh project, supplying and installing complete hot and cold saunas for all villas.

Simultaneously, in many projects, HVC Group undertakes various bidding packages, with a diverse number of items, such as the Vinhomes Grand Park City project. Ho Chi Minh City: general contractor for Koi pond system construction and installation, general contractor for M&E system of tunnel A4 and high-rise building S7, general contractor for design and installation of Jacuzzi technology, swimming pool technology,...

In addition, the company is the preferred choice of reputable investors for super project chains in a variety of cities, including Sunshine Heritage, Apec Mandala, and others.

These positive signals not only demonstrate the business's capacity, ability, and experience, but also confirm investors' trust in HVC Group - who will accompany them in creating value and overcoming epidemic.

Persistence in achieving "dual goals"

According to a survey conducted by the Ho Chi Minh City Business Association in June 2021, up to 84 percent of small and medium-sized enterprises faced difficulties in this 4th Covid l9 re-epidemic, with 40 percent experiencing difficulties. In addition to a lack of business capital, over half of all businesses are hampered from operating due to social isolation measures...

However, even though HVC Group currently has almost no bank loans, the cash flow is relatively stable. This is considered a business highlight when the financial situation is still strong in the current difficult period.

NovaWorld Phan Thiet Water Park project with HVC Group as the general contractor for all water filtration and treatment technologies.

With the experience of dealing with Covid from the epidemics in 2020, HVC Group always proactively sets out plans to ensure continuous and uninterrupted production and business activities. Even before the social distancing directive, the entire office block implemented a rotating work schedule, ensuring the rules of epidemic prevention.

Currently, businesses still strictly comply with social distancing directives in Hanoi and Ho Chi Minh City. In Ho Chi Minh City, all transition employees work online instead of in person but still ensure daily workload, stay connected.

According to a business representative, HVC Group is continuing to negotiate with major investors in August 2021 to implement a number of projects to provide high-end entertainment equipment - the field that has given HVC its brand.

The Covid-19 pandemic is a significant challenge for the world, but it is also an opportunity for businesses to affirm their internal strength while also changing flexibly to find ways to adapt to real-world situations, creating their own  "antibodies" to themselves.

With the positive signals from signed contracts and the speed with which the Board of Directors makes decisions, it is reasonable to believe that the HVC Group will continue to develop sustainably, overcome the pandemic, and ensure that the plans are carried out according to schedule.

MEMBER COMPANY

Great partner

Thong ke