Hung Thinh Incons receives the award of Top 10 ASEAN Strong Brands for the consecutive second time

Posted: 23-04-2022

On April 23, 2022 morning, Hung Thinh Incons Joint Stock Company (Hung Thinh Incons – Ticker symol: HTN) was honored in Top 10 ASEAN Strong Brands 2022. Mr. Tran Tien Thanh - General Director of Hung Thinh Incons was also honored to receive the ASEAN Typical Leader 2022 Award. The award was presented by the Asia Information Promotion Association (AIPA), the Asia Center for Business Development Research within the framework of the Announcement Ceremony of ASEAN Strong Brands 2022.


Mr. Tran Tien Thanh - General Director of Hung Thinh Incons received the award of Top 10 ASEAN Strong Brands 2022.


This is the 6th time the ASEAN Strong Brands Award 2022 has been held, with the aim of honoring prestigious Vietnamese brands in the Asia-Pacific region. Honored enterprises must pass a rigorous evaluation based on the criteria of productivity, quality and effectiveness in contributing to the national and regional economies.


Certificate and Campaign Medal of Top 10 ASEAN Strong Brands 2022 for Hung Thinh Incons.



Overcoming difficulties during the Covid-19 pandemic period, innovating and creating in a non-stop manner, HTN is one of the enterprises that maintain outstanding growth momentum: the company's new signing value in 2021 is nearly VND 14,000 billion, raising total accumulated forward contract value (backlog) to VND 29,841 billion at the end of 2021. The abundant contract value can help increase revenue significantly in 2022. The company is expected to submit to the General Meeting of Shareholders for approving the business plan 2022 with revenue and profit after tax increasing by 31% and 19%, respectively, over the same period in 2021.


HTN is the general contractor of the MerryLand Quy Nhon mega project in Hai Giang peninsula, Binh Dinh.


Regarding construction, in 2021, HTN was a general contractor of MerryLand Quy Nhon mega project with total investment capital of phase 1 up to VND 57,000 billion (about USD 2.5 billion), with a scale of 695 hectares. In addition, HTN was also awarded with contracts to execute many big projects such as Richmond Quy Nhon, New Galaxy Nha Trang, Moonlight Center Point, handed over and completed two projects Lavita Charm, District 7 Boulevard, topped off Quy Nhon Melody project... It is expected that in the second quarter of 2022, HTN will continue to hand over Q7 Saigon Riverside Complex project, expand the receipt of bidding for projects outside the ecosystem of Hung Thinh Corporation.


Mr. Tran Tien Thanh - General Director of Hung Thinh Incons received ASEAN Typical Leader Award 2022.



Certificate and Campaign Medal of ASEAN Typical Leader 2022 awarded to Mr. Tran Tien Thanh - General Director of Hung Thinh Incons.


In the role of an executive leader, Mr. Tran Tien Thanh has led HTN to successfully conquer many projects, ensure smooth and flexible operation and offer solutions to adapt to the market’s difficulties. In 2022, he and HTN's Board of Management will implement many plans, notably the active expansion of bidding for projects, along with the orientation to expand markets and industries from civil and industrial construction to infrastructure, transport, basic building materials and new material technology.


Q7 Saigon Riverside Complex – the project implemented HTN as the general contractor is planned to be handed over in the second quarter of 2022.


In addition to the award received today, before April 22, 2022, HTN was also honored to be in Top 10 prestigious construction contractors 2022. Through the recognition of prestigious organizations and many awards, noble title along with the continuous improvement of the entire Board of Management and employees, HTN continues to take firm steps, affirming the correctness in its comprehensive development strategy, and at the same time achieving its goal of becoming one of the leading enterprises in the field of general construction contractor in Vietnam.

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