HVCgroup project progress update at the end of Q3 2026

Alongside securing new contracts in the fields of MEP general contracting and high-end entertainment equipment, HVC made significant progress in the third quarter of 2026, completing and handing over several major projects, including Phenikaa University and CNCTech Glory. At ongoing construction sites, HVC continued to accelerate construction activities, closely adhering to project schedules and investors' requirements.

Happy Home Trang Cat

At the Happy Home Trang Cat project, HVC continued to accelerate the implementation of its MEP general contracting package across five nine-storey buildings. To date, all MEP provisions and embedded works in these buildings have been completed.

On site, HVC is focusing on rough-in MEP installations across the five buildings and one basement level, including electrical conduits, cable pulling, HVAC systems, fire protection systems, and water supply and drainage systems. Approximately 30% of the rough-in MEP works have been completed.

CNCTech Dream

According to the Project Management Team, HVC continued construction works at factory buildings No. 22, 23, and 24 during the third quarter.

At factory building No. 22, structural construction works are nearing completion, while fire protection system installation is underway. Meanwhile, structural erection works are continuing at factory buildings No. 23 and 24.

Sailing Club Residences Ha Long Bay

At this project, HVC is simultaneously implementing several packages, including hotel MEP systems, infrastructure MEP systems, and technology systems for the lazy river and swimming pools.

For the hotel MEP package, approximately 80% of the rough-in installation works have been completed. HVC has also begun installing finishing fixtures and equipment, including lighting fixtures and sanitary ware.

Regarding the infrastructure MEP package, HVC has completed underground cable installation, installed electrical distribution cabinets, and finalized electrical connections. The construction team is currently erecting street lighting poles.

Meanwhile, HVC is installing equipment in the plant rooms for the lazy river and swimming pool technology systems.

Vinhomes My Lam

HVC serves as the general contractor for the entire Onsen technology system, covering Onsen pools, Jacuzzi systems, therapeutic steam rooms, saunas, snow rooms, and other specialized facilities. To date, approximately 90% of the infrastructure works and technical tunnel systems have been completed. The plant room works have reached 30% completion, with equipment delivery to the site pending for subsequent installation.

For the sauna system, construction progress has reached approximately 60%, with equipment installation yet to commence.

Phenikaa Tower Hoa Lac

During the third quarter, HVC completed rough-in MEP installations in the apartment and corridor areas from the 2nd to the 10th floors.

Construction activities are currently underway from the 11th to the 21st floors, with MEP installations having progressed to the 17th floor.

Alongside the rough-in works, HVC has begun installing equipment and fixtures on the show floor, preparing for the next stages of project completion.

Sun Urban City Ha Nam

At Sun Urban City Ha Nam, HVC has completed approximately 70% of the internal stormwater drainage package in Zones 1 and 2.

Meanwhile, the infrastructure MEP package in Zone 2 has also reached approximately 70% completion.

Eurowindow Light City

Along Bac Song Ma Boulevard, HVC has completed 100% of the MEP works within its contracted scope.

In internal Zone 1.2, construction teams are continuing to implement the remaining sections of the infrastructure network.

Crystal Holidays Harbour Van Don

Recently, HVC completed the handover of the all-season swimming pool on the 5th floor of Buildings A and B to the investor.

For the penthouse swimming pools, HVC is currently awaiting site handover to resume construction activities.

Sonasea Premier Nha Trang

Under the package for the supply and installation of water park technology systems and amusement equipment, HVC has completed the installation of all amusement equipment.

The company is currently finalizing the plant rooms to proceed with the installation of the water supply and filtration systems.

All remaining works are expected to be completed by the end of October 2026, paving the way for final inspection, acceptance, and handover.

Vuon Vua Resort & Villa

During the third quarter, HVC completed the installation of the technical plant room serving the swimming pool and Onsen Jacuzzi at villas BT33.01-02.

The company also handed over the technical plant rooms for the swimming pool, Onsen Jacuzzi, and fish pond at villas BT33.01-02 to the investor.

In the new De Lien Kim Hai area, HVC is installing and completing the swimming pool plant rooms at BT28.20-21 and BT28.26-27, serving 12 villas.
In addition, HVC is carrying out embedded underground piping works for swimming pool systems, mineral water supply, and domestic water supply to individual villas.

In the Japanese Village area, HVC is installing embedded underground infrastructure pipelines for villas BT35.01 and BT35.02.

Alluvia City

At the Alluvia Onsen subdivision, HVC is responsible for the construction and completion of the power supply and extra-low-voltage (ELV) infrastructure systems.

To date, material approvals, procurement arrangements, and shop drawings have been substantially completed.

HVC is currently awaiting site handover from the investor to commence construction works.