10:20 | 18/11/2019 Companies
(VEN) - In recent years, while the contribution to Vietnam’s economic growth by the state sector is decreasing, that by the private sector has greatly increased. The private economic sector invested more than US$26.8 billion in the economy in the first nine months of this year, accounting for 45.3 percent of the total social investment capital.
According to the White Book on Vietnamese Businesses 2019 announced by the Ministry of Planning and Investment, non-state enterprises made total net revenues of VND11,700 trillion in 2017, accounting for 56.8 percent of revenues of all businesses in the country. That included VND10,460 trillion made by industrial, construction and service enterprises. In 2017, industry and construction businesses earned profit of VND519.6 trillion, accounting for 59.3 percent of profit earned by all enterprises in the country. These figures have shown the strong rise of private enterprises, especially in the field of industry and construction.
With its growing prestige, Delta Group has become a leading Vietnamese contractor and one of the first choices for such giant investors/economic conglomerates as Vingroup, Sungroup and Tan Hoang Minh Group. It participated and is participating in major construction projects in Vietnam, including Royal City, Keangnam Landmark Hanoi, Vinpearl resorts and hotels in Phu Quoc Island (Kien Giang Province), Hon Tre (in Khanh Hoa Province’s Nha Trang Gulf), Cua Hoi (Nghe An Province), and Vinhomes residential areas nationwide, among others.
Making it different from other contractors is something that persuades large investors choose Delta Group as their EPC (engineering-procurement-construction) contractor. Delta works closely with other contractors and shares its experiences with them to find out the best way to project implementation and ensure project pace and highest economic efficiency for investors, said Delta Group Chairman Tran Nhat Thanh.
Cooperating with and helping small businesses develop is the guidelines of Delta Group in all partnership projects. In project implementation, the group sets and applies five-star standards to technical assessment and valuation of the working environment and relations with investors and staff members to ensure professional, efficient performance.
Another difference by Delta Group is that the group has become a center of training staff members including engineers, commanders and project managers capable of working independently. At the club of young, potential engineers, group staff members can improve their knowledge and skills and learn from their predecessors’ experiences.
After a period of working in that environment, staff members of the group progress significantly and become capable of taking on difficult jobs including those related to construction techniques and foreign relations, among others.
For Delta Group, training young staff not only enhances the ability to perform the tasks of the group but also demonstrates predecessors’ responsibility of helping their successors improve personality, knowledge and technical skills.
Transparency takes the top priority at Delta Group, as it is crucial for successful operation and is the driving force for development. Transparency is found in all jobs done by the group, including contract signature with partners and job performance. Delta works with big investors like Vingroup, Sungroup, and Tan Hoang Minh to make transparency something that all staff members must ensure in order to create a healthy working environment. This is also a notable difference of Delta.
The group’s personnel authority worked very hard to learn about what workers wish in order to encourage them and arrange suitable jobs for specific positions, aiming to ensure smooth and efficient operations.
The above-mentioned differences and a high sense responsibility explain why many large investors have chosen Delta Group as their EPC contractor, and Delta has always gained customer trust.
With responsible steps forward that help create more sustainable developments for not only the group but also the community, large private enterprises like Delta not just think about great things but they have been realizing those great things for the community’s development. Delta Group is growing with its increasing prestige, sense of responsibility, differences and cooperation for mutual benefit to improve its position through increasingly-scaled projects.