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HHV Receives Certificate of Merit from the Prime Minister

DEOCA Traffic Infrastructure Investment Joint Stock Company (stock code: HHV) has been honored with a Certificate of Merit from Prime Minister Pham Minh Chinh for its outstanding achievements in the emulation movement “Promoting the development of a synchronized, modern transport infrastructure system, practicing thrift, and preventing waste.”

On the morning of August 19, a ceremony marking the groundbreaking and inauguration of 250 projects nationwide was held online from The Grand Expo (the central hub) to 79 locations across 34 provinces and cities. DEOCA Traffic Infrastructure Investment Joint Stock Company was honored to receive a Certificate of Merit from Prime Minister Pham Minh Chinh for its outstanding achievements in the emulation movement “Promoting the development of a synchronized, modern transport infrastructure system, practicing thrift, and preventing waste”.

Vice Chairman of the Board Nguyen Huu Hung received the Certificate of Merit from the Prime Minister.

With over 50 years of history and development, HHV and DEOCA Group have built numerous projects of real value, contributing to a safe and prosperous life for the people and the nation of Vietnam. 

Notable works include the series of Deo Ca – Co Ma tunnels, Cu Mong tunnel, Hai Van 2 tunnel, Phu Gia – Phuoc Tuong tunnel, which eliminated accident black spots along dangerous mountain passes in the Central region. The company has also overcome numerous difficulties and challenges to complete the Bac Giang – Lang Son, Trung Luong – My Thuan, and Cam Lam – Vinh Hao expressways ahead of schedule and under budget. 

On behalf of the company, Mr. Nguyen Huu Hung, Vice Chairman of the Board of Directors of HHV, stated: “We sincerely thank the Party and State leaders for their trust and support, as well as the enthusiastic assistance from our partners, shareholders, and employees over the years. The Prime Minister’s Certificate of Merit is a tremendous motivation for HHV and DEOCA Group to stay committed to our focused growth strategy within our circle of competence, overcoming challenges, and fulfilling our assigned tasks.” 

In terms of investment, HHV and DEOCA Group are researching investments in nearly 400 km of new expressways with a total capital of over 4.56 billion USD. They are also proposing to expand the North – South expressway under the PPP model. 

In terms of construction, the company is also accelerating construction on key projects, such as Dong Dang – Tra Linh and Quang Ngai – Hoai Nhon expressways, which are scheduled to be completed by the end of 2025. This will contribute to the national goal of having 3.000 km of expressways from Cao Bang province to Ca Mau province. 

In terms of operation management, HHV is managing and operating 472 km of expressways and national highways, more than 31 km of road tunnels, and 21 toll stations across the country safely and smoothly. 

In terms of business performance, for the first half of 2025, HHV recorded consolidated revenue of over 64 million USD and post-tax profit of 12.3 million USD, representing increases of 12% and 33% year-on-year, respectively. Total assets reached 1.6 billion USD. 

The company’s achievements are the result of clear strategy from the Board of Directors, decisive management from the Executive Board, the solidarity of its workforce, together with financial capacity and operational capabilities. 

With a transparent and well-defined investment strategy, along with a favorable policy environment, HHV is aiming to reach further. It not only affirmed its leading position in domestic infrastructure construction but also gradually expanded its reputation internationally.

Linh Sang