HVC Group - a new factor with much surprise of the M & E market

Cited from News Online stock investment dated Monday, 29/10/2018  Detail Click here

(OSI) The value of the M & E package accounts for 25-40% of the volume of a project, thus the M&E sector is considered as one of the key economic sectors associated with the construction industry.

M & E - a potential market,  the advantage belongs to the "big guys"

In recent years, the speed of urbanization has been increasing, especially in the context that industrial, construction and real estate development is very fast, it has led the M&E sector to a "breakthrough " outlook, M & E becomes a potential market.

However, the M & E sector presents many challenges for contractors because it requires a large amount of capital to invest in infrastructure, machinery and equipment, contractual reciprocal capital; It also requires good quality human resources with specialized technical expertise.

The complex M & E sector requires experienced contractors

In Vietnam, foreign M & E contractors and some local firms with strong financial strength, high expertise dominate the market.

These enterprises are often given priority to the implementation of government projects and large real estate projects. Some of the leading companies valued as famous brands in this industry are Refrigeration Electrical Engineering Corporation (REE), SEAREFICO REFRIGERATION INDUSTRY CORPORATION (SRF), Hawee Mechanical and Electrical Joint Stock Company, etc.

The battle for market share in the M & E market is dominated by "the Giant", new and small M & E businesses face difficulties and challenges which are not easy to overcome.

M & E contractors need qualified technical human resources.

HVC Group - A new factor with early maturity of the M&E market

Despite having just been “a tenderfoot” in the M&E market at the end of 2016, HVC Group has become a familiar name in the final list of big investors such as Vingroup, Sun Group, Muong Thanh, Delta and so on.

HVC Group's construction capabilities span a wide range of segmentation ranging from M&E of infrastructure industry, commercial centers, offices to high-end condominiums and resorts.

With only nearly 2 years of operation in the field of M & E, HVC Group has been listed on the list of major projects such as Vinhomes Riverside, Vinhomes The Harmony, Vinhome Imperia Hai Phong, Vinhomes Golden River, Vinpearl Nam Hoi An.

From a minor contractor taking chare of small category, the HVC Group has been assigned by the investor as a general contractor to supply equipment and execute many M & E projects such as Ha Long Vinschool, Project of Van Phuc Office and Trade Center Complex for traditional trade villages development, Vincom Mong Cai,...

Vincom shophouse Mong Cai – a project which HVC is M & E general contractor

The reason why HVC Group has grown up in the field of M & E is due to the fact that the HVC brand has been early recognized as: Vietnam's leading brand in the field of high-end entertainment equipment. Brand prestige is the key for HVC to be entrusted by the investors with the implementation of M&E general contractor.

In addition, HVC Group has strong financial resources to invest in equipment, update new technology for each project. According to the Audited Financial Statements, for many years, HVC Group does not have to use financial support from a bank, but self-control finance in doing business and govern corporate.

Especially, HVC Group puts the human element (the "human" in the combination of the name "HVC") into what constitutes the success of the business. Here, HVC Group focuses deeply on recruiting experienced personnel, training and developing welfare policies to retain employees.

Vinhomes Golden River (Ho Chi Minh City) - one of the super projects which HVC involved in M&E contractor.

Until now, HVC is confident with well qualified human resources with loyalty and readiness to "boom".

Step by step realizing the goal of becoming the top M & E brand in Vietnam, HVC Group has established HVC M&E general contractor company limited with clear strategic orientation for development and professional operation.

With the rapid growth of HVC, hopefully Vietnam M & E market will have a new factor: strong and reliable.

MD