Mr. Le Viet Hai - Chairman of HBC, President of SACA: "It is time for Vietnam's construction industry to go abroad"

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There was quite a lot of interesting information at tỷ lệ bóng đá nhà cái hôm nay seminar "How to make tỷ lệ bóng đá nhà cái hôm nay construction industry a spearhead economic sector", organized by tỷ lệ bóng đá nhà cái hôm nay Association of Construction and Building Materials of Ho Chi Minh City (SACA) on its 30th anniversary (1991-2021).

There was quite a lot of interesting information at the seminar "How to make the construction industry a spearhead economic sector", organized by the Association of Construction and Building Materials of Ho Chi Minh City (SACA) on its 30th anniversary. However, the saying: "It's time for Vietnam's construction industry to go abroad" by Chairman of tỷ lệ soi kèo bóng đá (HBC) and SACA President Le Viet Hai made me have to meet him to hear more about his views.

* He said: "It's time for Vietnam's construction industry to go abroad", can it be understood that Vietnamese construction industry is not inferior to foreign countries?

- Right. Speed ​​is a factor to see tỷ lệ bóng đá nhà cái hôm nay strong development ability of Vietnam's construction industry. In tỷ lệ bóng đá nhà cái hôm nay past twenty years, Vietnam's construction industry has caught up with tỷ lệ bóng đá nhà cái hôm nay pace and surpassed many other countries. It is thanks to tỷ lệ bóng đá nhà cái hôm nay spirit of innovation, creativity, progressive spirit, learning from domestic contractors when participating in subcontracting for international contractors in large-scale, with very modern buildings. Therefore, it has brought Vietnam's construction industry from backward to rapidly developing. There was a time when large private contractors in Vietnam grew by 20-30% thanks to tỷ lệ bóng đá nhà cái hôm nay learning and application of advanced construction technology.

tỷ lệ bóng đá nhà cái hôm nay growth rate of Vietnam's construction industry can be seen most clearly when looking at tỷ lệ bóng đá nhà cái hôm nay figure in 1995, cement production was only 5 million tons, but now it is more than 100 million tons.

Mr. Le Viet Hai - Chairman of HBC, President of SACA:

* What evidence do you have that shows that domestic contractors have replaced foreign contractors, sir?

- Vietnam's construction industry has been developing explosively since 1995. From then to 2015 was tỷ lệ bóng đá nhà cái hôm nay period when domestic enterprises, especially private enterprises, developed rapidly and strongly.

From 1945-1975, we had to go through two wars to protect our country. From 1975-1995 was tỷ lệ bóng đá nhà cái hôm nay period of subsidies and embargoes. Thus, we have experienced 50 years of "stagnation", until later, only private construction companies have tỷ lệ bóng đá nhà cái hôm nay conditions to approach and learn from foreign construction enterprises, from which tỷ lệ bóng đá nhà cái hôm nay construction industry Vietnam was developing very fast. From an industry that is still backward, where there was no mechanical equipment for construction, workers did not have enough labor protection equipment, up to now, we have professionally organized in management, construction, technology mastery, techniques in tỷ lệ bóng đá nhà cái hôm nay construction industry, even applying international standards with a higher level than many countries in tỷ lệ bóng đá nhà cái hôm nay region.

Since 2014, when Hoa Binh Group won tỷ lệ bóng đá nhà cái hôm nay bid to build Saigon Center and then Coteccon with Landmark81, there have been no more foreign contractors in Vietnam. tỷ lệ bóng đá nhà cái hôm nay learning and rising has created great development steps and helped domestic contractors gradually replace foreign contractors in large-scale, modern buildings with very high technical and artistic requirements in Vietnam.

* In his speech at tỷ lệ bóng đá nhà cái hôm nay seminar "How to make tỷ lệ bóng đá nhà cái hôm nay construction industry a spearhead economic sector", he said: "Vietnamese construction contractors should not miss opportunities in foreign markets". If you seize this opportunity, it will surely bring a lot of benefits to businesses and tỷ lệ bóng đá nhà cái hôm nay country...

- With tỷ lệ bóng đá nhà cái hôm nay current growth rate, tỷ lệ bóng đá nhà cái hôm nay domestic construction market is gradually becoming crowded, saturated, and not enough works for businesses to bring into full play. Along with that, in tỷ lệ bóng đá nhà cái hôm nay trend of globalization of tỷ lệ bóng đá nhà cái hôm nay world economy, we cannot stand still and watch tỷ lệ bóng đá nhà cái hôm nay movement of tỷ lệ bóng đá nhà cái hôm nay world, but we need to make efforts to promote competitiveness in order to bring Vietnam's construction industry to tỷ lệ bóng đá nhà cái hôm nay foreign market - a market with a very large scale compared to tỷ lệ bóng đá nhà cái hôm nay domestic market ($12 trillion in 2019). I believe that, promoting overseas development, Vietnam's construction industry will make a great contribution to tỷ lệ bóng đá nhà cái hôm nay national economy and construction will soon become a spearhead economic sector.

If we don't do it this time, we will never do it again. This is a very precious period, when tỷ lệ bóng đá nhà cái hôm nay population size is approximately 100 million people, nearly 70 million people are of working age, called tỷ lệ bóng đá nhà cái hôm nay "golden population" period.

Countries that want to make breakthroughs in development often take advantage of tỷ lệ bóng đá nhà cái hôm nay "golden population" period. According to demographers, after 2034, Vietnam will no longer have a "golden population" period. Therefore, it is necessary to make three times more efforts to take advantage of this period to develop tỷ lệ bóng đá nhà cái hôm nay construction industry abroad.

Undeniably, construction is one of tỷ lệ bóng đá nhà cái hôm nay industries with great potential to help tỷ lệ bóng đá nhà cái hôm nay national economy develop rapidly. Therefore, it is necessary to come up with a clear strategy for tỷ lệ bóng đá nhà cái hôm nay development of tỷ lệ bóng đá nhà cái hôm nay construction industry. In my opinion, tỷ lệ bóng đá nhà cái hôm nay Ministry of Construction, tỷ lệ bóng đá nhà cái hôm nay Ministry of Planning and Investment together with associations, large construction enterprises need to sit together to define goals, map out tỷ lệ bóng đá nhà cái hôm nay way to go, how to overcome challenges and bring tỷ lệ bóng đá nhà cái hôm nay construction industry to develop not only in tỷ lệ bóng đá nhà cái hôm nay country but also to other countries.

tỷ lệ bóng đá nhà cái hôm nay size of tỷ lệ bóng đá nhà cái hôm nay domestic market is too small and tỷ lệ bóng đá nhà cái hôm nay contractors have to compete fiercely. Currently, there are not many foreign contractors coming to Vietnam to exploit anymore. This is also a limitation because we do not have tỷ lệ bóng đá nhà cái hôm nay opportunity to rub shoulders with them every day and do not have tỷ lệ bóng đá nhà cái hôm nay opportunity to learn much from them. We also do not have research centers on construction to come up with inventions and innovations. Therefore, Vietnam's construction industry is very likely to be left behind if it is slow to develop to foreign markets.

Mr. Le Viet Hai - Chairman of HBC, President of SACA:

* But tỷ lệ bóng đá nhà cái hôm nay key to going to foreign markets lies in combining tỷ lệ bóng đá nhà cái hôm nay construction service supply chain, not fragmenting. So in your opinion, how should tỷ lệ bóng đá nhà cái hôm nay construction industry service ecosystem be built?

- tỷ lệ bóng đá nhà cái hôm nay value chain of tỷ lệ bóng đá nhà cái hôm nay construction industry is currently very strong, but we should not continue to only retail construction materials or export labor It's a "gathering" economy.

If businesses build links with each other, they will certainly develop abroad and just set a very modest goal of capturing 1% of tỷ lệ bóng đá nhà cái hôm nay market share of tỷ lệ bóng đá nhà cái hôm nay international construction industry, they will generate huge revenue for tỷ lệ bóng đá nhà cái hôm nay company and for tỷ lệ bóng đá nhà cái hôm nay construction industry in Vietnam. It is important that tỷ lệ bóng đá nhà cái hôm nay construction industry deploy urgently and drastically to realize this goal, because tỷ lệ bóng đá nhà cái hôm nay decade of 2021 is Vietnam's golden opportunity.

Recently, a company in China wants to cooperate with Hoa Binh Group to build in tỷ lệ bóng đá nhà cái hôm nay US, with a turnover of 30 billion USD. This is also an opportunity, an advantage that we have not exploited ourselves. Therefore, it is necessary to set goals together with foreign contractors to go to foreign markets. When we have a specific roadmap and strategy, we will be able to do this.

* In addition to tỷ lệ bóng đá nhà cái hôm nay above advantages, are there any other advantages, sir?

- tỷ lệ bóng đá nhà cái hôm nay growth rate of industries in tỷ lệ bóng đá nhà cái hôm nay construction service supply chain is very high. From importing cement, Vietnam now ranks fifth, after China, India, tỷ lệ bóng đá nhà cái hôm nay US and Russia with a cement output of more than 100 million tons. tỷ lệ bóng đá nhà cái hôm nay field of wood and handicrafts also ranked first in exports to tỷ lệ bóng đá nhà cái hôm nay US in 2020, surpassing many countries such as China, Malaysia, Italy, and Canada.

Vietnam's interior and exterior decoration construction capacity is highly appreciated by foreign countries. Mr. Nguyen Quoc Khanh's AA Corporation overcame many leading companies in tỷ lệ bóng đá nhà cái hôm nay country to construct interior decoration for many 5-star, 6-star hotels and works requiring very high technical and fine art in 40 years in many countries and territories. In addition, tỷ lệ bóng đá nhà cái hôm nay level of craftsmanship and design in Vietnam is not inferior to that of foreign countries, many domestic architects such as Mr. Ngo Viet Nam Son, Mr. Vo Trong Nghia are often invited to lead tỷ lệ bóng đá nhà cái hôm nay design of key projects in many countries. It can be affirmed that tỷ lệ bóng đá nhà cái hôm nay human resources we have, now just need to link to create tỷ lệ bóng đá nhà cái hôm nay power of these service chains.

* But Vietnam's construction industry also has many limitations...

- Correct. We have many potentials and advantages, but there are also many limitations and challenges that must be overcome in order for tỷ lệ bóng đá nhà cái hôm nay construction industry to successfully implement tỷ lệ bóng đá nhà cái hôm nay strategic goal of overseas development. First of all, Vietnamese contractors have no experience in construction in tỷ lệ bóng đá nhà cái hôm nay international market, human resources are weak in foreign languages, in communication, and are psychologically "haven't been in tỷ lệ bóng đá nhà cái hôm nay water, so they don't dare to jump to practice swimming". Besides, our financial capacity is still limited compared to international contractors. Therefore, despite accumulated experience, it is difficult to reach a much larger market with fiercer competition.

We also have some limitations on tỷ lệ bóng đá nhà cái hôm nay ability to master tỷ lệ bóng đá nhà cái hôm nay technical standards and construction laws as well as tỷ lệ bóng đá nhà cái hôm nay skills and training of tỷ lệ bóng đá nhà cái hôm nay workers. Many of our workers are skilled but do not have a practicing certificate, so when they go abroad they require a certificate, it will be difficult. One important thing is that we do not have value chain linkage in tỷ lệ bóng đá nhà cái hôm nay construction industry, so it is very necessary to change.

Exporting construction general contractor services to foreign countries needs an ecosystem in which is tỷ lệ bóng đá nhà cái hôm nay supply chain of related businesses, such as production of building materials, interior and exterior equipment, construction design, financial services, banking, insurance, transportation, specialized subcontracting services etc. but when businesses are ready to join forces, surely Vietnam's construction industry will have a place in tỷ lệ bóng đá nhà cái hôm nay global building map.

* Thank you for sharing!

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