After many years of publication, the Top 10 prestigious companies in the Real Estate - Construction - Building Materials industry is the annual ranking, built based on independent research and evaluation by Vietnam Report. Experiencing many ups and downs and fluctuations, the businesses honored in the list are all effective representatives, experienced, are all pillars in the industry, have actively contributed to the overall development of the industry, and are trusted brands in the market. The enterprises honored on the chart are selected from the database of Vietnamese enterprises in the ranking studies of Vietnam Report in the building materials industry, with financial data updated to December 31, 2022, using the Media Coding method, surveying research subjects and stakeholders.
Stepping out of the COVID-19 pandemic, the business situation of businesses in the real estate industry in 2022 has a strong divergence. According to data from the General Statistics Office, by the end of last year, the number of enterprises in the industry had to be dissolved more than during the epidemic outbreak with nearly 1,200 enterprises; meanwhile, the number of enterprises dissolved in 2021, 2020, is 861, 978 respectively. According to the survey results of Vietnam Report, more than 70% of real estate businesses said that revenue and profit in 2022 decreased sharply compared to 2021, the purchasing power in the market also decreased sharply since April due to a series of oppressive difficulty. However, although many segments of the real estate market fall into bottlenecks, industrial real estate is still a bright spot when the occupancy rate of industrial parks is 85% or more.
After two years of stagnation due to the pandemic, there are high expectations of a recovery for the construction industry. In early 2022, many construction enterprises recorded strong growth in the value of signed contracts (backlog) and positive civil construction demand after the lockdown period. However, immediately after that, consecutive headwinds affected the financial health of businesses in the industry, including the Government's implementation of a series of measures to purify the bond market, tighten credit for For real estate, the price storm is getting more and more severe…
In that context, Sigma Engineering Joint Stock Company has always been the leading unit in the field of M&E service supply, installation and construction. Over 18 years of continuous growth and development, Sigma has affirmed its solid direction through a series of projects: wind power, factory, Grade A commercial and office complex, airport, hotels, resorts, international schools and hospitals, etc. to ensure absolute satisfaction from customers.
Mr. Kazayuki YUNOMURA (CFO), Mr. Duong Van The (Deputy Director) and Mr. Nguyen Ba Loi (Business Development Manager - Industrial Segment), representatives of Sigma Engineering JSC attended the ceremony
Being the 4th Enterprise in the Top 5 Prestigious M&E Contractors in 2023, Sigma is proud to increasingly assert its position in the market, committed to bringing quality and class products and the most professional and attentive customer service. This demonstrates an effective and impressive business strategy in the eyes of the public and investors, demonstrating solid financial capacity with stable financial capacity and good resilience in the context of many difficulties. Sigma's success today will be an important stepping stone for growth in the future, not only improving its position in the country but also opening the direction of development in the international market more effectively.
Mr. Kazuyuki YUNOMURA received the award of Top 5 Prestigious M&E Contractors 2023
The ceremony took place successfully with the participation of leaders of the Ministry of Information and Communications, leaders of Departments of Finance and People's Committees of provinces/cities, domestic and foreign economic experts, prestigious press agency - media and more than 300 typical representatives from large enterprises in Vietnam... Vietnam Report evaluates the ranking of Enterprises based on the criteria of revenue, profit, total assets, growth rate, labor size and media reputation were also used as additional factors for evaluation.
The ranking was built with the desire to improve the reputation and brand of the business, support businesses in attracting resources, approaching new business opportunities through increasing the trust of partners, investors, helping businesses improve their competitiveness and develop sustainably in the context of deepening economic integration.