Vietnam Construction and Import - Export Joint Stock Corporation SWOT Analysis & Company Profile by BusinessReview

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									Vietnam Construction and Import - Export Joint Stock Corporation

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Vietnam Construction and Import - Export
Joint Stock Corporation: SWOT Analysis &
Company Profile


Reference code: CN0123CP

Published: Dec 2010




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Vietnam Construction and Import - Export Joint Stock                                Page 1
Corporation - SWOT Profile
Vietnam Construction and Import - Export Joint Stock Corporation

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Vietnam Construction and Import - Export Joint Stock Corporation - Company Overview

Vietnam Construction and Import - Export Joint Stock Corporation (Vinaconex JSC) is engaged in diversified businesses,
principally operating in construction contracting, engineering and real estate development and investments. The company
is also engaged in production of industrial and construction material products, design consultancy and manpower export.
It also deals with other businesses such as financial investments, training and education institutes, and trading and other
leisure and tourism services. The company operates along with over 90 subsidiaries and affiliates. Vinaconex JSC
principally operates in Vietnam and is headquartered in Hanoi.


Financial Performance

The company reported revenue of VND13,017.2 billion during the fiscal year ended December 2009. The company's
revenue grew at a CAGR of 35.91% during the period 2007-2009 with an annual growth of 35.8% over fiscal year 2008.
During the fiscal year 2009, its operating margin was 4.3% as against the operating margin of 1.1% in fiscal year 2008.
During the fiscal year 2009, the company registered a net margin of 0.04% as against the net margin of 4.2% in the fiscal
year 2008.




Vietnam Construction and Import - Export Joint Stock Corporation - Key Facts

Vietnam Construction and Import - Export Joint Stock Corporation, Key Facts

                                  Vinaconex Building, Hanoi, , ,
                                                                    Ticker Symbol, Stock       VCG (Hanoi Securities Trading
Corporate Address:
                                  Vietnam                           Exchange                   Center)



Telephone                         + 84 4 2249206                    No. of Employees           40,000



Fax                               + 84 4 2249208                    Financial Year End         December



URL                               www.vinaconex.com.vn              Revenue (in VND Million)   13,017,167.63



Industry                          Construction                      Revenue (in USD Million)   561.97



Locations                         Vietnam

Source: Annual Report, Company Website, Primary and Secondary Research




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Vietnam Construction and Import - Export Joint Stock Corporation                                                      Page 2
- SWOT Profile
Vietnam Construction and Import - Export Joint Stock Corporation

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Vietnam Construction and Import - Export Joint Stock Corporation - Business Description

Vietnam Construction and Import - Export Joint Stock Corporation (Vinaconex JSC) is engaged in providing construction
and engineering, and real estate services. The company principally operates under the brand Vinaconex through its
subsidiaries and affiliates spread across Vietnam.

The operations are carried out in following divisions - Construction, Real Estate Investment and Development, Industrial
and Construction Material Products, Design Consultancy, Manpower Export, Financial Investments, Training and
Education, and Trading and Services.

In the Construction division, it is engaged in providing contracting services for developing roads, bridges, dams, airport,
harbor, irrigational facilities, underground structures, water supply and drainage network, waste treatment facilities,
industrial and other utility facilities, sport, leisure and entertainment and tourism amenities. It also provides services for
construction of hotels, office buildings, schools, hospitals, post offices and residential and urban areas. The service
portfolio ranges from design, engineering and procurement to construction and project delivery. The operating
subsidiaries in the Construction division include Quyet Thang Construction and Import – Export Joint-stock company
(VINACONEX Quyet Thang), Vinaconex Traffic development investment Joint-stock company, Vinaconex Machinery,
Engineering and Construction Joint-stock company (VIMECO), Underground works Construction Joint-stock company
(VINAVICO) and Vinaconex Service and Construction Joint-stock company (VISCO).

In Real Estate Investment and Development division, the company develops real estate properties including high rise
buildings, condominiums, mixed use properties, office and retail facilities and other properties. It also invests in land and
property portfolios. The company’s project portfolio include development of Trung Hoa Nhan Chinh, a new urban area
development in Hanoi; North An Khanh, a township development in Hanoi ; Cai Gia – Cat Ba, an ecological urban area
development in Hai Phong; and Thao Dien high-rise complex in Ho Chi Minh city in Vietnam. The operating subsidiaries in
the division include Vinaconex – Hoang Thanh Urban Development and Investment Joint-stock company, Sai Gon – Tay
Bac City development Joint-stock company (SCD), Thao Dien Investment Joint-stock company, Cho Buoi Joint-stock
company and VINACONEX Sai Gon Joint-stock company.

The Industrial and Construction Material Production division of Vinaconex JSC is a supporting arm of the group for
supplying various materials to projects. The products manufactured and supplied by the division include cement, stone,
fiber glass and plastic pipes, safety glass, commercial and pre-cast concrete and interior furniture. It also supplies clean
water, electricity, and agricultural and forest products for various projects of the company and its subsidiaries. The
operating subsidiaries in the division include Cam pha Cement Joint-stock company, Yen Binh Stone Joint-stock
company, Yen Binh Stone Joint-stock company, Yen Binh Cement Joint-stock company, Vinaconex Packing Joint-stock
company (VIPACO) and Vinaconex Luong Son Hoa Binh Cement Joint-stock company.

In the Design Consultancy division, the company provides architecture and designing solutions, project planning,
environmental and structural consultancy services for clients in residential, commercial, office and recreation sectors,
among others. These services are delivered by the subsidiaries of Vinaconex JSC that include Vinaconex R&D Joint
Stock Company (VINACONEX R&D), Vinaconex Construction Consultant Joint-stock company (VINACONSULT) and
Vinaconex Consultant and Investment Joint-stock company.

The Manpower Export division provides and manages construction specialists and workers employed abroad. The
company provides human resource support for construction projects across several countries including Libya, Iraq,
Algeria, Japan, South Korea, Taiwan, Czech Republic, the UAE, Qatar and Lao PDR. The division’s export activities are
accredited with quality standard ISO 9001:2000 and certified by BVQI. The operating subsidiaries in the division include
Vinaconex Trading and Manpower Joint-stock company and Vietnam Manpower Supply and Commercial Joint-stock
company.

Vinaconex JSC is engaged in investments in financial markets and it is a funding shareholder in several companies
including Bao Minh Insurance JSC and Post and Telecommunication Insurance JSC. In addition, it partners for
investments with other companies that include Bank for Investment and Development of Vietnam. Furthermore, the
company operates two colleges providing vocational training to technical workers, namely, Xuan Hoa Construction
Technical College and Bim Son Construction Technical College. These colleges provide education and training to meet
the need of the company’s personnel and other companies. It also operates schools. The operating subsidiaries in the
Financial Investment and Education and Training divisions include Vinaconex – Viettel Finance Joint-stock company,
Vietnam Infrastructure Development and Financial Investment, Ly Thai To Private Secondary and High school, Ly Thai To
Private Primary school and Ly Thai To Private Kindergarten school.

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