Hung Thinh Corporation | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards
parallax background
parallax background

CORPORATE EXCELLENCE CATEGORY

Hung Thinh Corporation

Information about the Company
Founded in 2002, Hung Thinh Corporation is one of the leading real estate enterprises in Vietnam with more than 100 member companies, 5 representative offices, 12 real estate trading centres and a diversified product portfolio in many provinces nationwide.

The existing ecosystem of Hung Thinh Corporation with real estate as the core business has been completed and expanded into many fields such as real estate project development, general contractor, real estate trading—platform, investment in ecosystem development and technology for the ecosystem. This ecosystem helps Hung Thinh bring the best experience to customers, expand operations quickly and operate in the most efficient way to develop a sustainable business and bring prosperity to the community.

Hung Thinh Corporation always strives to create the most favourable conditions for customers to own the products that are suitable for their needs. In addition, Hung Thinh Corporation has successfully “revived” a series of “frozen” real estate projects bringing new products to the market by implementing the mergers and acquisitions (M&A) strategy. Moreover, Hung Thinh Corporation is developing a unique real estate transaction platform applying some of the most modern technology in Vietnam. Aside from bringing value to the customers and the industry, Hung Thinh Corporation also creates jobs for thousands of employees nationwide with attractive welfare regimes and actively takes part in various voluntary activities to help people in need.

Company Culture & Company Activities
In nearly 20 years of establishment and development, Hung Thinh Corporation’s Board of Directors has always orientated the company to be an ideal workplace with unique corporate culture. All employees of Hung Thinh Corporation are offered numerous attractive welfare and remuneration policies, which aims at motivating them to contribute and helping them best take care of themselves and their families.

Additionally, Hung Thinh Corporation regularly organises many internal activities and sharing sessions to enhance the connection between the management board and employees, as well as between departments. Each employee is also imbued with the spirit of the company. They consider the company as a big family and are always encouraged to participate in the development of Hung Thinh Corporation. The Board of Directors not only pays great attention to encouraging internal communication, building an internal code of conduct, labour rules, etc. but also inspires employees with a positive image and great motivation. Besides, Hung Thinh Corporation has also devoted a lot of enthusiasm to charity, humanitarian and social activities. This devotion is reflected in the company's motto from the very first day of its establishment: "For a prosperous community".

Achievements & Impact
Thanks to the trust and support of customers with its current strengths, Hung Thinh Corporation has achieved positive results recently. Until now, Hung Thinh Corporation has invested and developed more than 56 projects in many provinces, such as Ho Chi Minh City, Binh Duong, Dong Nai, Ba Ria - Vung Tau, Binh Thuan, Khanh Hoa, Binh Dinh and Hanoi. Its current land bank invested is more than 3,100 hectares, and the possibility of a long-term expansion of the land fund is up to more than 18,000 hectares. The estimated number of products sold per year in the period of 2021 to 2026 is 12,000 products.

Hung Thinh Corporation also accounted for 4% of the housing real estate market share in Vietnam, ranked 2nd in the whole market (in the period from 2016 to the first half of 2020, according to Vietcombank Securities (VCBS)’s report). Hung Thinh has also affirmed its position in the field of real estate distribution with a system of 12 real estate trade centres nationwide and over 2,000 sales staff. Hung Thinh Incons (HTN), a member company of Hung Thinh Corporation is in the Top 5 construction companies listed on Ho Chi Minh City Stock Exchange (HOSE). In 2020, HTN's stock price increased by more than 190% compared to the closing session of 2019. HTN was also in the top 15 stocks with the highest price increase on HOSE.

Future Direction
In order to develop the business and promote operation excellence, Hung Thinh Corporation will focus on 3 outstanding strategies.

Firstly, the company plans to diversify real estate product lines, aiming to develop new, self-sufficient urban areas with diverse functions such as tourism, commerce, resort, etc.

Secondly, it aims to apply digital transformation, innovation and smart solutions to develop a diversified, optimal and sustainable ecosystem.

Lastly, the company seeks to comprehensively cooperate with investment partners and strategic partners and promote M&A activities.

CORPORATE EXCELLENCE CATEGORY

Hung Thinh Corporation

Information about the Company
Founded in 2002, Hung Thinh Corporation is one of the leading real estate enterprises in Vietnam with more than 100 member companies, 5 representative offices, 12 real estate trading centres and a diversified product portfolio in many provinces nationwide.

The existing ecosystem of Hung Thinh Corporation with real estate as the core business has been completed and expanded into many fields such as real estate project development, general contractor, real estate trading—platform, investment in ecosystem development and technology for the ecosystem. This ecosystem helps Hung Thinh bring the best experience to customers, expand operations quickly and operate in the most efficient way to develop a sustainable business and bring prosperity to the community.

Hung Thinh Corporation always strives to create the most favourable conditions for customers to own the products that are suitable for their needs. In addition, Hung Thinh Corporation has successfully “revived” a series of “frozen” real estate projects bringing new products to the market by implementing the mergers and acquisitions (M&A) strategy. Moreover, Hung Thinh Corporation is developing a unique real estate transaction platform applying some of the most modern technology in Vietnam. Aside from bringing value to the customers and the industry, Hung Thinh Corporation also creates jobs for thousands of employees nationwide with attractive welfare regimes and actively takes part in various voluntary activities to help people in need.

Company Culture & Company Activities
In nearly 20 years of establishment and development, Hung Thinh Corporation’s Board of Directors has always orientated the company to be an ideal workplace with unique corporate culture. All employees of Hung Thinh Corporation are offered numerous attractive welfare and remuneration policies, which aims at motivating them to contribute and helping them best take care of themselves and their families.

Additionally, Hung Thinh Corporation regularly organises many internal activities and sharing sessions to enhance the connection between the management board and employees, as well as between departments. Each employee is also imbued with the spirit of the company. They consider the company as a big family and are always encouraged to participate in the development of Hung Thinh Corporation. The Board of Directors not only pays great attention to encouraging internal communication, building an internal code of conduct, labour rules, etc. but also inspires employees with a positive image and great motivation. Besides, Hung Thinh Corporation has also devoted a lot of enthusiasm to charity, humanitarian and social activities. This devotion is reflected in the company's motto from the very first day of its establishment: "For a prosperous community".

Achievements & Impact
Thanks to the trust and support of customers with its current strengths, Hung Thinh Corporation has achieved positive results recently. Until now, Hung Thinh Corporation has invested and developed more than 56 projects in many provinces, such as Ho Chi Minh City, Binh Duong, Dong Nai, Ba Ria - Vung Tau, Binh Thuan, Khanh Hoa, Binh Dinh and Hanoi. Its current land bank invested is more than 3,100 hectares, and the possibility of a long-term expansion of the land fund is up to more than 18,000 hectares. The estimated number of products sold per year in the period of 2021 to 2026 is 12,000 products.

Hung Thinh Corporation also accounted for 4% of the housing real estate market share in Vietnam, ranked 2nd in the whole market (in the period from 2016 to the first half of 2020, according to Vietcombank Securities (VCBS)’s report). Hung Thinh has also affirmed its position in the field of real estate distribution with a system of 12 real estate trade centres nationwide and over 2,000 sales staff. Hung Thinh Incons (HTN), a member company of Hung Thinh Corporation is in the Top 5 construction companies listed on Ho Chi Minh City Stock Exchange (HOSE). In 2020, HTN's stock price increased by more than 190% compared to the closing session of 2019. HTN was also in the top 15 stocks with the highest price increase on HOSE.

Future Direction
In order to develop the business and promote operation excellence, Hung Thinh Corporation will focus on 3 outstanding strategies.

Firstly, the company plans to diversify real estate product lines, aiming to develop new, self-sufficient urban areas with diverse functions such as tourism, commerce, resort, etc.

Secondly, it aims to apply digital transformation, innovation and smart solutions to develop a diversified, optimal and sustainable ecosystem.

Lastly, the company seeks to comprehensively cooperate with investment partners and strategic partners and promote M&A activities.