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Vinaconex aims to become a powerful economic group
The Vietnam Construction Import-Export Joint Stock Corporation (Vinaconex) should make more effort to become a powerful Vietnamese economic group, said Deputy Prime Minister Hoang Trung Hai.
Addressing a ceremony in Hanoi on September 7 to mark the corporation’s 20th anniversary, Mr Hai praised Vinaconex for its remarkable contributions to the country during the Doi Moi (renewal) process, stating that the corporation has taken the lead in various areas, ranging from conducting scientific research to upgrading its technology and implementing projects.
However, he said that construction businesses are facing a number of challenges, as the country’s infrastructure has not yet kept pace with national socio-economic development. He expressed his belief that Vinaconex will sharpen its competitiveness to make its brand more well known both inside and outside the country.
Since its establishment in 1988, Vinaconex has implemented thousands of projects, including national ones such as the International Conference Centre and the National Convention Centre in Hanoi. It has also built the Cam Pha Cement Plant and Bai Chay Bridge in Quang Ninh province, Buon Kuop hydro-electric power plant in Dak Lak province, the Cua Dat hydro-electric-irrigation project in Thanh Hoa province and a number of new urban areas in Hanoi and Ho Chi Minh City.
According to Vinaconex CEO Nguyen Van Tuan, the corporation will diversify its services focusing on civil engineering, industrial production, building materials, investment in business services, consultancy, project management, human resources training and education.
In recognition of its contributions to national development, the State has decided to present the title “Labour Hero” to the corporation. State Vice President Nguyen Thi Doan pinned the Labour Hero badge on the corporation’s flag at the ceremony.
VNA
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