HVC Group "Takes off" due to its unique and unusual business fields

Cited from Cafe F online News published on 26-09-2018. Detail click here

Selecting the rare business in the market (general contractor of high-end entertainment equipment), succeeding with an impressive growth rate (profit doubled over the years), HVC Investment and Technology Joint Stock Company - HVC Group) has continued to affirm its leading position in the Vietnam market and in the region as welll.

From the choice of unique and unusual business

Founded in 2011, started up the business of supplying swimming pool and spa equipment, but within a very short time of only 8 years, till now, HVC Group has gradually asserted its position and then make a quick breakout to become a No 1 Company in Viet Nam in the fields of import, distribution and installion of swimming pools. At the same time, from being the first company in Vietnam to design, supply and install high-end entertainment equipment (ice skating rinks, ocean aquariums, water parks ...). HVC Group is now at the top position in this field.

This is evidenced by the fact that, each year, HVC Group perfected hundreds of large swimming pools at the projects of Vingroup, Sun Group. HVC 's distinctive mark in choosing a particular industry and its success are shown clearly in water park constructions from the North to the South; the top ice skating rinks in Vietnam, the ocean aquariums ... .The works can be named as: Nam Hoi An Water Park, Vinpearl Phu Quoc Water Park, Ha Long Ocean water park, Vietnam's largest ice rink at Landmark 81 building, at Vincom Thao Dien - Ho Chi Minh City, Da Nang, Can Tho; Ocean Aquariums in Time City Trade Center and Vinpeal Phu Quoc.

In addition to the above-mentioned fields, HVC also conducts business in a number of rare professional fields including: Consulting, supplying and installing technology of water treatment equipment such as waste water treatment system, water supply system and Pool water treatment system; Design consulting, supplying and installing all kinds of aquarium equipment, fountains; Spa equipment, Jacuzzi,

...To strongly “Take off”

According to statistics for the last two years, HVC Group's revenue has increased from 225 billion in 2016 to 246 billion in 2017 and is expected to increase to 350 billion in 2018. After tax profit from VND 6.4 billion (in 2016) has jumped to VND 15.5 billion (as of December 2017), and is expected to reach VND 32 billion in 2018.

 Expected revenue and profit of HVC Group will continue to grow as the company continuously win large projects and will soon be listed on the stock market at the beginning of fourth quarter of this year.

….and prospect of outreach

Internally considered, with the growth rate of more than 50% over the years together with the trust of VinGroup, Sun Group, Muong Thanh .... to assign HVC as the General Contractor of large entertainment works, HVC Group's future prospects are already drawn.

Macro-economically, according to the Tourism Law of 2017 approved by the National Assembly, the tourism industry will be planned to become a key economic sector in the future, creating momentum for the resort real estate industry thank to the support policies and investment preferential, etc. This has rejuvenated the market of real estate market, resort tourism and recreation entertainment driving investors in bulk carry out for many projects to seize the development trend of the Vietnamese tourist resort industry. The development prospects of the resort real estate industry increases the demand for HVC Group's business. Taking this opportunity, the selection of "unusual and unique" field of HVC Group will have more opportunities for development.