Dr. Vu Bang – Former Chairman of the State Securities Commission said: “The project implementation capacity of HHV has been confirmed in the market, along with strengths in management, human resources, training, technical facilities; In particular, the role and reputation of the head will be the basis for building trust and future development of HHV on the stock market.”

Dr. Vu Bang – Former Chairman of the State Securities Commission

– Recently, the stock code HHV of Deo Ca Transport Infrastructure Investment Joint Stock Company has had stable growth on the stock exchange, what do you think about this?

– HHV’s steady growth in the stock market proves the good appreciation of investors and the market for HHV. Stemming from the common perception about the future development of the transport infrastructure construction industry in the economic development trend of Vietnam, as well as HHV itself, has been and is becoming a reputable company in the successful and efficient implementation of many large traffic projects that require high technology, quality assurance and the company has always completed and brought those projects into use ahead of schedule.

In addition, HHV also has a long-term and positive development strategy, in line with the future development orientation of the transport industry. These results are concretized in the business results in the past time (revenue in the third quarter of 2021 increased by 53% over the same period, accumulated profit after tax in the first 9 months of the year was 3.4 times higher than the same period last year).

– In the context of the country’s highway development needs in the near future, the opportunity for businesses to invest in transport infrastructure is huge. Is HHV’s push to become a public company a suitable strategy and will HHV become a fertile land to attract shareholders? Sir!

– Infrastructure investment and development, including in the transport and energy sectors, are urgent and long-term issues in the next 20 years for Vietnam. Infrastructure must always be one step ahead and is an important driving force contributing to increasing labor productivity, promoting sustainable growth and increasing the country’s competitiveness.

In the past time, the Government has paid special attention to the field of infrastructure, many institutions, policies and documents have been issued and continuously improved, especially in the post-Covid context. Infrastructure development is also an important content of the support package of 800 trillion VND according to the report of the Ministry of Planning and Investment to the Government on the economic recovery and development program for the period 2022-2023.

In the coming time, the capital demand for infrastructure development will be very large, annually Vietnam needs about 7-10 billion USD, of which transport and energy account for a major proportion. While budget capital is still limited and tends to decrease in proportion, capital mobilized from the private sector will play an increasingly important role.

In such a context, HHV’s decision to go in the direction of becoming a public company and listing on the stock market is a right direction with a long-term strategy. Through the Stock Market, HHV can more easily access and attract long-term capital sources at home and abroad, thereby improving capacity and building a sustainable financial structure, investing in The list of projects is expanding in the near future.

On the other hand, the participation and listing on the stock market also promotes HHV to constantly improve its governance structure, enhance publicity and transparency, improve efficiency and quality of works, as well as invest stronger in physical and technical facilities, technology and human resources.

– In your opinion, what will be the future of HHV on the stock market?

The stock market is constantly developing and gradually becoming an important long-term capital channel for the economy. Along with the rapid expansion of market size and liquidity, traffic and highway construction enterprises have gradually become an important industry group both in terms of increasing supply and demand in the stock market and they are increasingly receiving the attention of the domestic and foreign investment community.

Along with the strong development of transport infrastructure, especially highways, HHV has affirmed its position through the completion of many important projects such as the chain of tunnels Deo Ca, Cu Mong, Hai Van, Bac Giang – Lang Son expressway, widening national highway 1 section through Khanh Hoa province, and soon a series of highways Trung Luong – My Thuan, Cam Lam – Vinh Hao, Dong Dang – Tra Linh have been preparing to invest…

HHV’s project implementation capacity has been confirmed in the market, along with its strengths in management, human resources, training, material and technical facilities; Especially, the role and reputation of the head will be the basis for building trust and future development of HHV on the stock market. Since then, HHV can deploy many different capital mobilization channels such as public offering of shares, private placement for domestic and foreign strategic investors, as well as issuing bonds to professional investors, forming infrastructure investment funds with the participation of large financial institutions and from the capital obtained from completed projects, at the same time, combined with credit capital with a reasonable structure from big banks will be a great advantage in accessing and implementing many important transport projects. The future of HHV will depend greatly on HHV’s own innovation and efforts.

BY DUC TRUONG