2023-07
25
25, 07, 2023

REPORT ON THE BUSINESS PLAN REVIEW FOR THE FIRST 6 MONTHS OF 2023

On July 24th, 2023, Newtecons held a report on the review of our business plan for the first 6 months of 2023. The event was attended by the Ecosystem-leadership Board, the Board of Management, Project Directors, Project Managers, and Department Managers.

The construction and real estate industry in Vietnam is facing a complex situation in 2023 and is predicted to enter a new cycle with comprehensive and unpredictable risks. However, despite the difficulties of the general market, in the report, Mr. Vo Thanh Liem – CEO of the company – announced that the revenue for the first 6 months of the year had exceeded the plan by over 10%.

In the first 6 months of the year, Newtecons implemented many large-scale projects, especially those related to transportation infrastructure and high-end real estate. This helped stabilize our workforce and achieve the set targets. In the second half of 2023, the Board of Management will focus on the key projects, determined to achieve the same revenue results as in 2022.

Besides business goals, Newtecons continues to develop the human resources, improving the quality of the professional staff through appropriate personnel adjustments and ongoing training activities aimed at developing a stronger workforce to be ready for new projects.

Mr. Nguyen Ba Duong, Founding Chairman, provided guidance and direction during the event.
Mr. Tran Kim Long, Chairman of the Board of Directors, shared at the event.

In the review program, besides the report from the Board of Management, Chairman Nguyen Ba Duong also provided his evaluation and guidance on the development strategy, operational activities, and staff development. It is believed that by adhering to the guidance of the Chairman and leveraging the resources of the Ecosystem, Newtecons will excel in achieving the set targets in 2023, further strengthening the position as the leading reputable general contractor in Vietnam.

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