tỷ lệ bóng đá c1 real estate market is booming; tỷ lệ bóng đá c1 big companies in tỷ lệ bóng đá c1 construction industry have great expectationin 2018

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During 3 years 2015 - 2017, tỷ lệ bóng đá c1 construction industry has achieved good growth rate continuously. It is expected to continue in 2018.

Over tỷ lệ bóng đá c1 past three years, tỷ lệ bóng đá c1 construction and real estate industry have been one of tỷ lệ bóng đá c1 most exciting developments in tỷ lệ bóng đá c1 economy. According to tỷ lệ bóng đá c1 report of tỷ lệ bóng đá c1 Ministry of Construction, tỷ lệ bóng đá c1 revenue in tỷ lệ bóng đá c1 first 6 months of tỷ lệ bóng đá c1 year is estimated to be VND52,652 billion, equaling 48.4% of tỷ lệ bóng đá c1 plan in 2017.

According to tỷ lệ bóng đá c1 data of tỷ lệ bóng đá c1 Administration of Business Registration, in tỷ lệ bóng đá c1 first 10 months of 2017, there were more than 4,000 construction and real estate companies newly established. tỷ lệ bóng đá c1 growth rate was 62.5% compared to tỷ lệ bóng đá c1 last year. tỷ lệ bóng đá c1 amount of registered capital was also highest, about VND284,000billion.

These figures show that tỷ lệ bóng đá c1 construction and real estate industry is a very attractive business. Moreover, tỷ lệ bóng đá c1 construction and real estate enterprises are appraised to be potential for high profit growth in 2018.

In fact, in 2017, many large construction enterprises have achieved a brilliant year with high growth in tỷ lệ bóng đá c1 revenue over tỷ lệ bóng đá c1 quarters. In particular, in tỷ lệ bóng đá c1 first 9 months of 2017, Vinaconex's revenue reached VND6,624 billion, increased VND1,000 billion (18%)compared to tỷ lệ bóng đá c1 same period of last year. Total profit after tax in tỷ lệ bóng đá c1 first 9 months of 2017 reached VND 622.8 billion, increased 31% compared to tỷ lệ bóng đá c1 same period, and surpassed 40.5% of tỷ lệ bóng đá c1 year target set by tỷ lệ bóng đá c1 AGM (VND 443.3 billion).

In tỷ lệ bóng đá c1 first 9 months, Coteccons Construction JSC (CTD) recorded tỷ lệ bóng đá c1 revenue of VND18,185 billion, an increase of VND4,724 billion, equivalent to 35% increase compared to tỷ lệ bóng đá c1 same period of last year, and completed 67% of tỷ lệ bóng đá c1 year target (VND27,000 billion). Coteccons posted a net profit of VND1,190billion, nearly rose 24% compared to tỷ lệ bóng đá c1 same period of 2016. This is also tỷ lệ bóng đá c1 biggest profit growth in 9 months that Coteccons has achieved in recent years.

Meanwhile, tỷ lệ soi kèo bóng đá JSC (HBC) announced the revenue in the first 9 years is nearly VND11,000 billion, equaling to the revenue in whole 2016, and increased 57% compared to the first 9 years in 2016. In addition, HBC's profit after tax in the first 9 months of this year reached nearly VND616 billion, rising 93% over the same period, and achieving about 75% of the year target.

According to Mr. Le Quoc Duy - Member of tỷ lệ bóng đá c1 Board of Directors, Deputy CEO of HBC, it is able to achieve tỷ lệ bóng đá c1 business plan of tỷ lệ bóng đá c1 corporation in 2017 due to our impressive results. In particular, as of 30/11/2017, HBC's revenue reached VND14,500 billion. It is potential to achieve tỷ lệ bóng đá c1 revenue of VND17,000 billion at tỷ lệ bóng đá c1 end of 2017, exceeding 6% of tỷ lệ bóng đá c1 target (VND16,000 billion), growing 65% compared to tỷ lệ bóng đá c1 results in 2016. HBC's profit after tax in 2017 is able to exceed 15-20% of tỷ lệ bóng đá c1 target (VND828 billion).

Mr. Duy has shared thatthe high growth inrevenue and profit ofthe corporation at tỷ lệ bóng đá c1 final quarter of tỷ lệ bóng đá c1 year is due to tỷ lệ bóng đá c1 consolidation of several subsidiaries with strong business results, including Tien Phat Real Estate Investment JSC (handed over tỷ lệ bóng đá c1 large number of houses); Jesco Hoa Binh JSC (a joint venture holds 47.8% of tỷ lệ bóng đá c1 cooperatedcapital with Japanese partners).

"Recently, we have also won tỷ lệ bóng đá c1 tenders of 5 projects with tỷ lệ bóng đá c1 value of more than VND2,500 billion at Lim Tower 3 (VND941 billion)and Southgate Tower (VND610.4 billion). tỷ lệ bóng đá c1 construction package of Sun Premier Village Kem Beach Resort project has total value of VND505 billion. Two remaining projects are No. 1 Operation Management Center- Sai Gon Silicon Park(VND228.6 billion) and Housing project - Z756 Zone (Hado Centrosa Garden) (VND225 billion)", Mr. Duy has shared.

With tỷ lệ bóng đá c1 good results in tỷ lệ bóng đá c1 first 9 months of 2017, tỷ lệ bóng đá c1 big construction enterprises have tỷ lệ bóng đá c1 great expectation in 2018. Mr. Do Trong Quynh - General Director of Vinaconex said that in tỷ lệ bóng đá c1 period 2017-2012, tỷ lệ bóng đá c1 growth target in revenue and profit of Vinaconex is set at 10-15%. In addition, Splendora An Khanh project will be tỷ lệ bóng đá c1 focus of Vinaconex with tỷ lệ bóng đá c1 revenue of about VND2,000 billion and tỷ lệ bóng đá c1 profit of VND500 billion by 2020.

As for HBC, besides of tỷ lệ bóng đá c1 revenue from construction industry, HBC also expects tỷ lệ bóng đá c1 big revenue from tỷ lệ bóng đá c1 real estate investment. In particular, Tien Phat Real Estate Investment JSC is operating in tỷ lệ bóng đá c1 housing development industry. tỷ lệ bóng đá c1 company is developing 6 projects that could bring total revenue of nearly VND2,600 billion by 2019. tỷ lệ bóng đá c1 selling schedule is complying with HBC’s expectations.

According to a recent report of BSC, HBC's business plan is potential due to tỷ lệ bóng đá c1 enhanced construction capacity and increased human resource plan (adding 20% of staffs), tỷ lệ bóng đá c1 positive movements in tỷ lệ bóng đá c1 real estate market which help to ensure tỷ lệ bóng đá c1 cash flow from construction activities. At tỷ lệ bóng đá c1 same time, HBC's real estate projects have high liquidity due to their locations in tỷ lệ bóng đá c1 center of Ho Chi Minh City and tỷ lệ bóng đá c1 quick progress of tỷ lệ bóng đá c1 projects.

Mr. Le Viet Hai - Chairman of HBC said that HBC would develop to tỷ lệ bóng đá c1 international market based on its competitive advantages of civil construction in tỷ lệ bóng đá c1 coming time. "HBC will build up its competitive capacity in tỷ lệ bóng đá c1 housing sector with a large scale in tỷ lệ bóng đá c1 near future as exploring tỷ lệ bóng đá c1 markets of tỷ lệ bóng đá c1 countries in tỷ lệ bóng đá c1 area. This will help Hoa Binh to achieve thehigher revenue and profit than current large domestic competitors", Mr. Hai said.

tỷ lệ bóng đá c1 great expectations of tỷ lệ bóng đá c1 large enterprises in tỷ lệ bóng đá c1 construction industry is very potential because  tỷ lệ bóng đá c1 experts have appraised tỷ lệ bóng đá c1 year 2018 will be a vibrant year for tỷ lệ bóng đá c1 real estate market. Regarding to tỷ lệ bóng đá c1 real estate market in 2018, Mr. Vu Dinh Anh - tỷ lệ bóng đá c1 economist has theforecast that there will be many better factors in 2018due to many support factors and policies. Mr. Anh argues that tỷ lệ bóng đá c1 credit policy in 2018 will loosen tỷ lệ bóng đá c1 credit for tỷ lệ bóng đá c1 economy.

According to Ms. Duong Thuy Dung – Director of Market Research & Development Consultant of CBRE Vietnam, tỷ lệ bóng đá c1 market in 2018 will have tỷ lệ bóng đá c1 positive movements because tỷ lệ bóng đá c1 infrastructure is gradually improving; especially tỷ lệ bóng đá c1 metro system is nearly going to tỷ lệ bóng đá c1 operation. Additionally, there will be tỷ lệ bóng đá c1 increase in housing supply resource and tỷ lệ bóng đá c1 sold apartments will continuously rise by tỷ lệ bóng đá c1 end of 2017 and 2018.tỷ lệ bóng đá c1 development trend is more diversified, as well as tỷ lệ bóng đá c1 crowded center will cause tỷ lệ bóng đá c1 expansion trend increases at tỷ lệ bóng đá c1 surrounding districts. "

By Nguyen Minh

According to CafeF

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