Hoa Binh Construction Group JSC | APEA - Asia Pacific Enterprise Awards

CORPORATE EXCELLENCE CATEGORY

Hoa Binh Construction Group JSC

Company Introduction
Established in 1987, Hoa Binh Construction Group is a construction company dealing mainly in large scale works like civil construction and industrial and infrastructure projects.

In its 33 years, Hoa Binh has made great strides, from a unit specializing in construction of housing projects, to become one of the leading general contractors in Vietnam. From the role of a subcontractor, Hoa Binh has asserted its brand as a contractor of projects of international scale and stature. The Hoa Binh brand has gained a reputation in the construction industry for the quality and safety of its projects, including design of structure, architecture and electro mechanical, interior and landscape.

Hoa Binh has completed more than 400 projects, including iconic projects like the Saigon Centre, Celadon City, the 5-star Le Meridien Hotel, T2 International Terminal, Tan Son Nhat Airport, JW Marriott Phu Quoc, and Flora Mizuki Park. The Hoa Binh brand is present in 47 of 63 provinces and cities nationwide and in 5 countries outside Vietnam — Cambodia, Malaysia, Myanmar, Kuwait and Canada.

Setting up clear goals of attaining international standard and building up a brand name for the period 2015-2024, Hoa Binh has gradually built up a reputation not only in Vietnam but also in foreign markets. Hoa Binh has an ambitious strategy to progress from a domestic construction business to an international construction business, bringing the Vietnamese brand to the global market.

Corporate Culture
Hoa Binh Construction Group has always focused on fortifying its internal strength to add value. All activities of Hoa Binh are based on the Group’s "seven core values” to ensure transparency and integrity in operations to bring quality and professional products to customers.

All employees are guaranteed a safe working environment and respected as an important link in a team. Hoa Binh's corporate culture is also reflected in its responsibility for community activities to contribute to the long-term and sustainable development of the society. These activities include donations and support for underprivileged people and victims of natural disasters and cultural activities to promote the national identity of Vietnam.

Achievements and Impact
Hoa Binh Construction Group has steadily grown recording total consolidated revenue of VND 696 billion in 2008, VND 3,432 billion in 2013 and VND 18.29 billion in 2018. Recently, Hoa Binh Construction Group has been ranked in the Top 10 of the list of Top 50 Best Growth Businesses in Vietnam in FAST500 - Top 500 businesses in 2020. Hoa Binh is the only general construction contractor in the Top 10 growth businesses list.

From 2018 till now, Hoa Binh Construction Group has set a record for itself and considered a miracle company in Vietnam’s construction industry, reaching over 180 million hours of work without accidents.

Future Direction
In line with the government’s aspirations to encourage new Foreign Direct Investments in Vietnam, Hoa Binh is developing its network and increasing its resources to participate in projects. The Group has also promoted the Contractor Design and Build method and promoted market development in Houston, USA and other OECD countries including Canada, Australia and Qatar to bring Vietnam's construction industry to the world.

CORPORATE EXCELLENCE CATEGORY

Hoa Binh Construction Group JSC

Company Introduction
Established in 1987, Hoa Binh Construction Group is a construction company dealing mainly in large scale works like civil construction and industrial and infrastructure projects.

In its 33 years, Hoa Binh has made great strides, from a unit specializing in construction of housing projects, to become one of the leading general contractors in Vietnam. From the role of a subcontractor, Hoa Binh has asserted its brand as a contractor of projects of international scale and stature. The Hoa Binh brand has gained a reputation in the construction industry for the quality and safety of its projects, including design of structure, architecture and electro mechanical, interior and landscape.

Hoa Binh has completed more than 400 projects, including iconic projects like the Saigon Centre, Celadon City, the 5-star Le Meridien Hotel, T2 International Terminal, Tan Son Nhat Airport, JW Marriott Phu Quoc, and Flora Mizuki Park. The Hoa Binh brand is present in 47 of 63 provinces and cities nationwide and in 5 countries outside Vietnam — Cambodia, Malaysia, Myanmar, Kuwait and Canada.

Setting up clear goals of attaining international standard and building up a brand name for the period 2015-2024, Hoa Binh has gradually built up a reputation not only in Vietnam but also in foreign markets. Hoa Binh has an ambitious strategy to progress from a domestic construction business to an international construction business, bringing the Vietnamese brand to the global market.

Corporate Culture
Hoa Binh Construction Group has always focused on fortifying its internal strength to add value. All activities of Hoa Binh are based on the Group’s "seven core values” to ensure transparency and integrity in operations to bring quality and professional products to customers.

All employees are guaranteed a safe working environment and respected as an important link in a team. Hoa Binh's corporate culture is also reflected in its responsibility for community activities to contribute to the long-term and sustainable development of the society. These activities include donations and support for underprivileged people and victims of natural disasters and cultural activities to promote the national identity of Vietnam.

Achievements and Impact
Hoa Binh Construction Group has steadily grown recording total consolidated revenue of VND 696 billion in 2008, VND 3,432 billion in 2013 and VND 18.29 billion in 2018. Recently, Hoa Binh Construction Group has been ranked in the Top 10 of the list of Top 50 Best Growth Businesses in Vietnam in FAST500 - Top 500 businesses in 2020. Hoa Binh is the only general construction contractor in the Top 10 growth businesses list.

From 2018 till now, Hoa Binh Construction Group has set a record for itself and considered a miracle company in Vietnam’s construction industry, reaching over 180 million hours of work without accidents.

Future Direction
In line with the government’s aspirations to encourage new Foreign Direct Investments in Vietnam, Hoa Binh is developing its network and increasing its resources to participate in projects. The Group has also promoted the Contractor Design and Build method and promoted market development in Houston, USA and other OECD countries including Canada, Australia and Qatar to bring Vietnam's construction industry to the world.