September 25, in Sam Son city, Thanh Hoa province, Deo Ca Group held a board meeting under the direction of Mr. Ho Minh Hoang – Chairman of the Board of Management. The meeting focused on the development strategy of Deo Ca Transport Infrastructure Investment Company (stock code: HHV).

Deo Ca Group’s board meeting was chaired by Mr. Ho Minh Hoang – Chairman of the Board of Management.

Accordingly, the Board of Management affirmed that HHV’s development strategy is included in the overall centralized growth strategy of Deo Ca Group. HHV is oriented to become a leading enterprise in the country and toward the world with the mission of bringing a safer and better life for the people.

Deo Ca Group creates “real value”, together with HHV increases “real value” are participating in the Government’s target of completing 4,000 more kilometers of expressway by 2030 by specific methods such as promoting PPP projects; promoting decentralized decision making, assigning the local government to be the competent authorities; The State contributes to capital resources, encouraging investors to diversify capital sources such as capital increase, listing shares, issuing bonds, BBC, credit.

With the advantage of a comprehensive business ecosystem including project investment, consultant, construction and installation general contractor, material production, along with long experience in operating tunnel and expressway constructions and the parent company is preparing to implement major projects … the Board of Management has set forth a specific strategy: For the short term, become the leading construction general contractor for transportation infrastructure; For the medium term, promoting the strength of monopoly in management, exploitation and operation of tunnels and highways, participating in the investment and construction of transportation infrastructure; For the long term, handling difficult projects, participating in investment and development projects of real estate, rest stops, renewable energy, mobilizing capital through capital increase, listing shares, issuing bond, and investing in BCC contract.

The board meeting of Deo Ca Group also mentioned other issues such as: Adjusting the structure and duties of members of the Board of Management; The key tasks for the period of 2021 – 2022; Organizing the evaluation of the Board of Management.

At the meeting, Dr. Nguyen Duc Huong – Former Chairman of LienVietPostBank, Senior Advisor of Deo Ca Group said: “For many years, I did not participate in any business organization, but when I met Mr. Ho Minh Hoang, I found that he is a special person and I accepted to be a member of Deo Ca’s Advisory Council”.

With the motto “Think Different; Make difference, Deo Ca has applied 4 principles to become a large corporation as it is today:

– No small business

– No rivals, only partners

– No formalism – Create real value

– Not to put the busines’s profit above everything

Concluding the meeting, Mr. Ho Minh Hoang stated the responsibilities of the Board of Management, the Board of Directors and all staff in the Group. In which, the responsibility for the country is Aspiration and commitment; For the Group is Honesty, sharing and dedication; For shareholders is Creating real value, be transparent and optimize profits for shareholders; For partners is Cooperation for success, creating service supply chains and developing the ecosystem, optimizing profits; For the families is Responsible and love the small family; Adhering, sharing, gratitude and tolerance in the large family.

The goal of Deo Ca Group is “the golden road creating gold value” and “turning the people flow into cash flow”.

Immediately after the board meeting, Deo Ca Group signed two cooperation agreements. The first one is an agreement with Everest Securities Company (EVS) to provide corporate financial consulting services and capital arrangement consulting services; the second is the business cooperation contract (BCC) between DCG and partners to invest in Cam Lam – Vinh Hao expressway project. Those are the first steps in realizing new methods of capital mobilization for investment in transport infrastructure.

Mr. Nguyen Hai Chau, Chairman of the Board of Directors of EVS expressed his honor to cooperate with DCG: “Participating in building infrastructure foundation for the country future development is an inevitable trend in the current context. I was impressed by the development plans of Deo Ca Group. I can see the generosity and commitment of Mr. Hoang and Deo Ca people. We are ready to provide enough capital, accompany Deo Ca Group to participate in the Government’s plan to build 4000km by 2030…”.