According to Vietnam Report, Hoa Binh Group is in the first place in top 10 best reputable contractors in 2020

According to the recent announcement for the list top 10 reputable construction companies - construction Materials Joint Stock Company of Vietnam Assessment Report (Vietnam Report), Hoa Binh Group is ranked No. 1 Top 10 reputable Contractors in 2020.

This is an independent research result of Vietnam Report carried out annually, built on the principles of science and objectivity. The reputation of companies is assessed based on the study of the influence of three factors including finance, corporate image in the media and evaluation of industry experts.

COVID -19 pandemic in early 2020 is considered as a "reagent" for enterprises in general and enterprises in construction industry in particular. Facing this general difficult situation, Hoa Binh Group has launched three groups of major solutions to overcome the crisis caused by the Covid - 19 in order to maintain company operations and employment sources for laboring up to thousands of people, these three groups of solutions include: Restructuring Management System; Human resource restructuring and Financial restructuring. At the same time,

With the efforts and initiative in coping with risks, the construction sites of Hoa Binh are still very active, and it had been completed plus handed over a series of projects on schedule. Last May, Vinhomes Ocean Park subdivision 2 project, Vinhomes Grand Park subdivision 1 project, Ecopark, Bai Tram Estates Resort, Celadon City, ... respectively completed and handed over to the investor.

Survey results of Vietnam Report also show that most businesses think that 2020 will be a difficult year. However, the market prospect will be active again in the second half of the year after the epidemic ends and the government's stimulus packages will be effective. With positive signs of the market and brand reputation, Hoa Binh has recently won consecutive projects: General Contractor of Design and Construction of Sky Oasis Residence, the design package Vu Phuc social housing project and main contractor of Cobi Tower 1 & 2.

Facing the double impact of the market expectation in 2020, business leaders have always determined that they need to be strong in overcoming difficulties, creating momentum for the development of the next stage, the key to turning "risk" into "chance" is brand development, reputation building.

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