2023-12
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20, 12, 2023

NEWTECONS – STRATEGIC PARTNERS CONFERENCE 2023

The “Strategic Partners Conference 2023” was effectively arranged by Newtecons Construction Investment Joint Stock Company in the morning of December 5, 2023. The Newtecons Board of Directors and over 100 strategic partners, including suppliers and subcontractors in the South, were attending the meeting.

Each project’s success for Newtecons is a result of the company’s internal strength as well as the invaluable assistance and companionship of subcontractors and construction workforce. These have been with Newtecons at every turn, acting as both dependable allies and close friends. Annual meetings with typical suppliers and subcontractors are arranged by Newtecons in an effort to preserve and grow that strategic connection.

Strategic partner conference 2023

During the event, General Director Mr. Vo Thanh Liem expressed gratitude to the suppliers and subcontractors who have consistently supported Newtecons in the past and reaffirmed his commitment to keeping the core of construction in mind. In addition to discussing the company’s upcoming strategic direction and the production and business situation in 2023, he also mentioned how Newtecons is being improved to become more competitive in the Vietnamese market and maintain its leading position by building a more standardized, streamlined and effective operational management system. Key partners of Newtecons must also undertake extensive enhancements throughout the year-end sprint phase in order to collaborate with the company and provide outstanding work.

Mr. Vo Thanh Liem – General Director

During the meeting, the Board of Directors received reports and direct responses to all of the difficulties and issues raised by the suppliers and subcontractors during the building phase. These kinds of conversations will help the partners and the Board of Directors of Newtecons find ways to work together toward shared objectives, with the goal of fostering a cooperative partnership that will yield longer-lasting, more robust advantages in the future.

Representatives of Subcontractors and Suppliers shared problems.

At the Conference, Vietnam Technological and Commercial Joint Stock Bank (Techcombank) also introduced the Factoring Program to partners, which is a form of collaboration and value resonance for three parties: Newtecons – Techcombank – Subcontractor/Supplier. This is a program offered by Techcombank to Newtecons’ partners to help with payments to Subcontractors who work with the Company.

Techcombank representative shared about the program.

In 2023, Newtecons with a series of ongoing projects extending from North to South, the cooperation and companionship of the Subcontractor system plays an enormously essential part in the Company’s development path. To build confidence and long-term cohesion, Newtecons constantly develops cooperation policies for mutual development based on a Win-Win deal for Subcontractors and Suppliers.

 

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