The ceremony to honor the FAST500 Ranking & Top 10 prestigious companies in 2020: HVC Group received 02 prestigious awards

In the morning of September 15, 2020, on the online platforms of the Organizing Committee - Vietnam Report Joint Stock Company (Vietnam Report) and VietNamNet, HVC Group was officially honored and awarded certification for the following categories: TOP 5 prestigious electromechanical contractors and TOP 500 fastest growing enterprises in Vietnam (FAST500) - ranked 101st.

2020 is the tenth consecutive year that Vietnam Report cooperates with VietNamNet to announce the Top 500 fastest growing enterprises in Vietnam, and at the same time continue to announce the Top 10 prestigious companies (including the electromechanical industry). Due to the impact of the COVID-19 epidemic, the Charts Launching Ceremony is held with a completely new model: broadcasting online and interacting with units via digital platforms. This is a new potential for interactivity - social influence becomes more open; at the same time is a change of practical significance in the process of national digital transformation, promoting innovation revolution.

In the category of TOP 5 awards in the electromechanical industry, HVC Group is considered to be effective, having position in the industry, positively contribute to the overall development of the economy and the brand is trusted by many people in the Vietnamese market. HVC Group is currently the M&E contractor of the investors: Vingroup, Bitexco, An Lac .... with many large-scale projects such as Vinhomes Ocean Park; Vinhomes Smart City, urban project Van Canh - An Lac; 4-star high-class hotel under the My An Hot Mineral Resort project (Hue); F1 Hanoi racetrack ....

Meanwhile, in the FAST500 Ranking: HVC Group is surveyed and evaluated by Vietnam Report's good business performance, high growth potential, constantly exploring, creating, social responsibility and corporate responsibility. HVC Group has continuously grown rapidly in recent years, specifically: Sales of goods and services increased from 225 billion VND in 2016 to 242 billion VND in 2017, doubling in 2018 (490 billion VND). and reached 526 billion VND in 2019. Profit before tax increased in 4 years respectively: 8.2 billion, 19.3 billion, 64 billion and 58 billion. Total assets increased from 147 billion VND in 2016 to 380 billion VND in 2019.

The COVID-19 epidemic has caused the world economy to have a negative change. In Vietnam, COVID-19 also stagnates and disrupts many production and business activities and social activities. For the real estate industry, the market has suddenly slowed down, leading to a decrease in the supply of the Construction - Building Materials industry, reflected in the significantly reduced number of approved projects. In that context, the Vietnamese economy in general and the HVC Group in particular have been gradually moving to a new normal state, ensuring the recovery of production and business and safety in the unpredictable epidemic. . Especially, HVC Group has boldly invested in real estate field on the basis of experience accumulated in the process of construction, development and actual friction. With its industry position and brand position, HVC Group is constantly striving to overcome all difficulties, building a new future, a new development mark on the path of future creation.