FECON’s Chairman: To pass through cá cược bóng đá online crisis, “Luck” is cá cược bóng đá online most important factor

Success = Luck + Right Business Choice Helping cá cược bóng đá online company overcome cá cược bóng đá online storm of economic crisis during 2008-2010 with cá cược bóng đá online steady revenue growth rate over 35%, cá cược bóng đá online Board Chairman of FECON – Pham Viet Khoa supposed that : cá cược bóng đá online main factors to pass all cá cược bóng đá online difficulties are luck and right business choice. “Our business is quite advanced technique and necessary for all types of projects such as civil construction, industrial construction, infrastructure construction and irrigation works. For that reason, we know that there are a lot of works for us to do if we do them well.” Foundation engineering & underground construction, “cá cược bóng đá online interference between Buildings & cá cược bóng đá online Earth” as Mr.Khoa said, are cá cược bóng đá online particular fields of  cá cược bóng đá online construction industry that requires all cá cược bóng đá online engineers a deep understanding of both building structure and soil mechanics. * In cá cược bóng đá online construction industry, Turnover rate is quite high.  A recent survey showed that 73% respondents considered that a good company is a high salary paying one. With its distinct business field, does FECON pay high salary to retain cá cược bóng đá online talents? Salary is cá cược bóng đá online necessary factor while company culture is cá cược bóng đá online sufficient factor. Vietnamese companies cannot compare with foreign ones about cá cược bóng đá online salary. Whereas, all cá cược bóng đá online engineers from FECON are good at English, have both technique standard and competences to work in cá cược bóng đá online international working environment. Thus, it is very hard for FECON to keep cá cược bóng đá online talents if cá cược bóng đá online engineers only care about cá cược bóng đá online salary but not see in cá cược bóng đá online long future. In terms of income, although FECON’s salary is lower than that of foreign companies in cá cược bóng đá online same field, we believe that cá cược bóng đá online income of all cá cược bóng đá online employees will increase and ensure their long-term career development together with cá cược bóng đá online growth of our company. Beside cá cược bóng đá online production activities and R&D, building corporate culture has become one of cá cược bóng đá online most important missions of FECON. In such a construction company, especially in foundation engineering & underground construction field where cá cược bóng đá online works are extremely hard, in order to keep cá cược bóng đá online talented people, we need to have spiritual engagement to create an environment for cá cược bóng đá online employees to chase their passion, express themselves & contribute to cá cược bóng đá online society. * More than 10 years as cá cược bóng đá online Chairman of FECON, which stage have you seen as cá cược bóng đá online most difficult one? cá cược bóng đá online most difficult stage to businessman, I think, is cá cược bóng đá online world & Vietnamese economic crisis one, from 2008 to 2011, when a series of real estate projects, industrial zones, factories…were postponed or even cancelled. In that stage, FECON experienced such a very hard time to do business. Luckily, FECON had some intimate partners, large bidders from Japan, who helped us to participate in many Japanese FDI projects in Vietnam, so we could maintain cá cược bóng đá online cash flow, business…. * Looking back to that period, what are cá cược bóng đá online main factors to help FECON overcome cá cược bóng đá online difficulties in your opinion? I think cá cược bóng đá online most important factor is Luck. One more thing is our business choice, FECON has been consistent to specialize in our main field, neither expanding nor spreading. * In 2014, although cá cược bóng đá online revenue & net profit was seen to increase, cá cược bóng đá online numbers only reached 90, 3% respectively & 91% planned. There were some fears that FECON will get cá cược bóng đá online difficulties in achieving cá cược bóng đá online revenue target of VNĐ 1, 800 billion in 2015… FECON is confident to achieve cá cược bóng đá online set target. Not 100% sure at this time but with all cá cược bóng đá online awarded projects as well as approaching ones, we believe that we can reach our 2015 business goal. Up to now, cá cược bóng đá online total value of signed contracts has been 2,040 billion VNĐ with a series of projects to be completed such as Thai Binh 1 Thermal Power Plant (over 200 billion VNĐ), Samsung Bac Ninh (over 80 billion VNĐ), Long Phu 1 Thermal Power Plant – piling works (over 70 billion VNĐ) & Dai Quang Minh Soil improvement project (over 180 billion VNĐ). Moreover, we are also approaching some projects in HCMC with hopes of good results. * FECON has set cá cược bóng đá online goal to become cá cược bóng đá online leading corporate group in infrastructure in 2020. Is it out of reach when only 5 years left? Targets are always set more highly than reality to be reached. It must be located at cá cược bóng đá online boundary between cá cược bóng đá online impossible and possible things to motivate ourselves. In order to achieve our goal, FECON has been implementing a number of strategic actions as follows: cá cược bóng đá online first is sales growth: To increase sales, FECON has invested heavily in machinery, equipment for cá cược bóng đá online core service and carried out some M&A at cá cược bóng đá online same time to enrich sources for cá cược bóng đá online system, ready for great opportunities. cá cược bóng đá online second is restructuring financial foundation: In order to participate in cá cược bóng đá online bidding and implement some major projects, cá cược bóng đá online capital from cá cược bóng đá online issue of convertible bonds will be used for cá cược bóng đá online investment, asset growth as well as cash flow to strengthen financial capacity. Besides, FECON has strongly urged foreign partners to invest in projects in Vietnam and then become cá cược bóng đá online main investor and local bidder to have cá cược bóng đá online abundant financial resources. cá cược bóng đá online third is constantly improving management capacity In cá cược bóng đá online period of 2014-2015, FECON has had several actions to consolidate cá cược bóng đá online system and enhance cá cược bóng đá online management capacity. We will have been continuing to carry out for cá cược bóng đá online next few years. * In cá cược bóng đá online infrastructure field, there are a number of big companies like Cienco, Tasco, CII…So, what are cá cược bóng đá online advantages of FECON while doing cá cược bóng đá online same business? Our prominent advantage is able to supply optimized & overall solutions for cá cược bóng đá online projects, especially for ground & foundation engineering ones, which help cá cược bóng đá online project to save money, ensure cá cược bóng đá online quality and shorten cá cược bóng đá online progress, thereby increasing its efficiency. Each project will need its own specific alternative solutions especially ground & foundation engineering projects that have high safety factor (FS) in design, but FECON can help our customers to save money up to 30% thanks to our understanding of soil mechanics, ground & foundation engineering. With transport infrastructure projects, whose cost of ground & foundation engineering often accounts for 40-60% construction value, saving money up to 30% is equivalent to 15-20% savings for cá cược bóng đá online total cost of cá cược bóng đá online project.  * FECON has justsigned with Vault Investment Fund (UAE) onstrategic co-operation about investment of an entertainment sports park complex spanning 175ha at Phu Quoc Island (Kien Giang province). Does this project contribute to cá cược bóng đá online 2020 roadmap goal? This project has been in research stage, not investment. If cá cược bóng đá online authorities & investors approve, FECON will invest in. It only plays a part for cá cược bóng đá online roadmap to cá cược bóng đá online goal 2020. We have planned to be a local investor for foreign ones with some projects relating to real estate as well as transport infrastructure. Up to now, we have achieved some remarkable success in a number of projects.