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Reunion Spring 2018: Hoa Binh Construction Group has rewarded over VND21 billion to the outstanding teams and individuals

On 5/2/2018, Hoa Binh Construction Group successfully held the year-end party with the theme of “Reunion Spring - Pioneer Torch”. There was the participation of 4,500 employees in 4 areas: Hanoi, Da Nang, Ho Chi Minh City, and Phu Quoc.



At the ceremony, Hoa Binh Construction Group honored and rewarded to the outstanding teams and individuals of 2017 including 27 projects, 08 departments, 05 member companies, 167 indirect employees, 76 semi-indirect employees and workers, and 07 finalized projectswith budget achievement in 2017. Total reward value is over VND21 billion.


At the ceremony, Mr. Le Viet Hai - Chairman cum CEO said that: "In 2017, Hoa Binh has taken a long step in the strategy of "International standardizing - Brand positioning". Hoa Binh has achieved the initial success in applying the KPIs system, initially taking a pioneering role in exporting general construction services abroad. They couldsignificantly contribute to the outstanding development of Vietnamese construction industry, as well asthe economic recovery of the country in order to make Vietnam become a new economic tiger in Asia."

According to the financial results, in 2017, Hoa Binh Construction Groupachieved a revenue of VND16,035 billion, a 49% increase compared to 2016, exceeding VND16,000 billion compared tothe target proposed by the General Meeting of Shareholders. In addition, the after-tax profit reached VND860 billion, increasing 51% compared with 2016, exceeding 4% compared with the plan of VND828 billion.

It is forecasted that the economy may occur many fluctuations in 2018. However, Hoa Binh still keeps its growth plan with the rate of 30%, the target revenue of VND21,000 billion, the target after-tax profit of VND1,100 billion.

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