Sigma continues to maintain the title of Top 5 Prestigious M&E Contractors 2024
25/04/2024
April 24, 2024, at the National Convention Center - Hanoi, Sigma - General M&E Contractor of many famous projects was honored to receive the title of Top 5 Prestigious M&E Contractors 2024. The program is coordinated by the Vietnam Evaluation Report JSC (Vietnam Report) jointly implemented with VietNamNet Newspaper - Ministry of Information and Communications.
After many years of publication, the Top 10 prestigious companies in the Real Estate - Construction - Building Materials industry is an annual ranking, built based on independent research and evaluation by Vietnam Report. Having gone through many ups and downs and fluctuations, the businesses honored on the list are all effective, experienced representatives, are all pillars in the industry, and have made positive contributions to overall development of the entire industry and is a brand trusted by many people in the market. Enterprises honored on the rankings are selected from the database of Vietnamese enterprises in Vietnam Report's ranking studies in the construction materials industry, with financial data updated until December 31, 2023. Using the Media Coding method (encoding press data in the media), surveying research subjects and relevant parties.
According to data from the General Statistics Office, by the end of 2023, the number of dissolved real estate businesses continues to increase, up to 1,286 businesses, an increase of 7.7% compared to 2022. Notably, in the business sector in the real estate sector, there are up to 3,705 businesses ceasing business for a certain period, an increase of 47.4% compared to 2022. However, entering 2024, experts believe that the real estate market has more positive signals but there will be differentiation between market segments. According to a survey by Vietnam Report, segments that serve industrial development needs, real housing needs, and are suitable for people's financial conditions will recover first; The housing, luxury apartment, and resort real estate segments will recover more slowly. 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 in the primary market in the North and South reached respectively 81.0% and 92.0%.
Located in the last link of the Real Estate - Construction - Construction Materials value chain, the Construction Materials industry is closely related to the industries in the chain above and is sensitive to the business cycle of the macro economy when these industries account for a large proportion of the GDP structure. According to industry experts, there cannot be a big "boost" for the construction materials industry in 2024. The signs of recovery for the market are still quite faint, mainly because the dependence on the Real Estate industry is still in a difficult period. However, the Government's efforts to promote public investment are becoming a major "push" for the market shortly.
In that context, Sigma Engineering JSC has always been the leading unit in the field of supply, installation, and construction of M&E services. After 19 years of continuous growth and development, Sigma has affirmed its solid direction through a series of projects: wind power, factories, commercial centers, and Grade A office complexes, airports., hotels, resorts, schools, and international hospitals... ensuring absolute satisfaction from customers.
According to data from the General Statistics Office, by the end of 2023, the number of dissolved real estate businesses continues to increase, up to 1,286 businesses, an increase of 7.7% compared to 2022. Notably, in the business sector in the real estate sector, there are up to 3,705 businesses ceasing business for a certain period, an increase of 47.4% compared to 2022. However, entering 2024, experts believe that the real estate market has more positive signals but there will be differentiation between market segments. According to a survey by Vietnam Report, segments that serve industrial development needs, real housing needs, and are suitable for people's financial conditions will recover first; The housing, luxury apartment, and resort real estate segments will recover more slowly. 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 in the primary market in the North and South reached respectively 81.0% and 92.0%.
Located in the last link of the Real Estate - Construction - Construction Materials value chain, the Construction Materials industry is closely related to the industries in the chain above and is sensitive to the business cycle of the macro economy when these industries account for a large proportion of the GDP structure. According to industry experts, there cannot be a big "boost" for the construction materials industry in 2024. The signs of recovery for the market are still quite faint, mainly because the dependence on the Real Estate industry is still in a difficult period. However, the Government's efforts to promote public investment are becoming a major "push" for the market shortly.
In that context, Sigma Engineering JSC has always been the leading unit in the field of supply, installation, and construction of M&E services. After 19 years of continuous growth and development, Sigma has affirmed its solid direction through a series of projects: wind power, factories, commercial centers, and Grade A office complexes, airports., hotels, resorts, schools, and international hospitals... ensuring absolute satisfaction from customers.
Mr. Yatsu Takabumi (Deputy General Director), Mr. Ting Joo Chian (Business Development Manager- Industrial Segment) and Mr. Nguyen Ba Loi (Business Development Manager- Industrial Segment), representatives of Sigma Company attended the ceremony
As the Contractor ranked 4th in the Top 5 reputable M&E contractors in 2024, Sigma is proud to increasingly affirm its position in the market, committed to providing quality, classy products, and services. The most professional and thoughtful customer care. This demonstrates an effective and impressive business strategy in the eyes of the public and investors, demonstrating strong financial capacity with stable financial capacity and good resilience in a difficult context. Sigma's success today will be an important “stepping stone” for a growth spurt in the future, not only enhancing its domestic position but also paving the way for more effective development in the international market.
Mr. Yatsu Takabumi received the award of Top 5 Prestigious M&E Contractors 2024
The ceremony took place successfully with the participation of leaders of the Ministry of Information and Communications, leaders of the Department of Finance and People's Committees of provinces/cities domestic and foreign economic experts, reputable press, and media agencies and more than 300 typical representatives from large enterprises in Vietnam... Vietnam Report evaluates Enterprise rankings based on the criteria of revenue, profit, total assets, growth rate, labor size and media reputation are also used as additional factors for evaluation.
The rankings were built with the desire to improve the reputation and brand of businesses, support businesses in attracting resources, and access new business opportunities through increasing customer trust.
Other articles
- Sigma continues to win the title of “Competent workers in Hoan Kiem District” in 2023 (12/06/2023)
- Sigma was hornored to win the title of Top 5 Prestigious Vietnamese M&E Contractors 2023 (18/05/2023)
- Sigma was grateful to receive the title of Top 5 Prestigious M&E Contractors 2022 (25/04/2022)
- Sigma was honored to receive the title of Top 5 prestigious M&E contractors in 2021 (28/04/2021)
- Sigma workers achieved the Certificate of Excellent Workers 2020 (12/01/2021)
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Address : 27th Floor, HUD Tower,No.37 Le Van Luong Street, Thanh Xuan District, Hanoi, S.R Vietnam
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Sigma Engineering JSC
Business license number 0101600518 issued by Hanoi Department of Planning and Investment on January 25, 2005
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