Hoa Binh Group conferred Labour Order
Construction company, Hoa Binh Group was awarded the Labour Order, second class, last week by President Tran Dai Quang for its contribution to the sector and society over the last 30 years.
Construction company, Hoa Binh Group was awarded the Labour Order, second class, last week by President Tran Dai Quang for its contribution to the sector and society over the last 30 years.
Established in 1987, Hoa Binh has now become the leading construction company in the country, having completed 350 projects including many measuring thousands of square metres like German House, Estella Heights, Vinhome Landmark 4-5-6, Riviera Point, and Serenity Sky Villas.
The company is now trying to expand globally.
Le Viet Hai, its chairman, said: “Our strategy is to keep growing in the domestic market because this is our foundation. We will also explore opportunities to develop in foreign markets. Developing our foreign market is a good way for us to … upgrade our skills and competitiveness. It will also help us catch up with foreign standards. This is the best way to develop the domestic market.”
This year Hoa Binh targets revenues of VND16 trillion (US$571 million) and profit after tax of VND828 billion ($29 million).
On the occasion of its 30th anniversary the company recently launched the Hoa Binh Charity Fund. Together with the existing Le Mong Dao Education Support Fund, it will help disadvantaged people and support healthcare sector.
At the anniversary celebrations the company donated VND5 billion ($178,000) to build a Maison Chance in Dak Nong. Work on it started in May last year, and when finished it will be a centre providing healthcare and vocational traning to ethnic and disadvantaged people.
The company also handed over 1,000 healthcare insurance cards worth VND630 million ($22,5000) to the Red Cross.
Many other charity programmes, totally worth over VND6.4 billion ($228,5000), were also undertaken on the occasion of the company’s 30th anniversary. — VNS
