"When I go abroad, I have seen in them have many good things but many things they are not as good as us. Many times we underestimated our ability. This is not my subjective opinion, it is also an objective look from many international experts. " - Mr. Le Viet Hai said.

Mr. Le Viet Hair, Chairman of tỷ lệ cá cược bóng đá answered to the interview via phone call in a time Hoa Binh recently have a new CEO. His son – Le Viet Hieu, being assigned into the CEO position to replace Mr. Hai and continue the 33^rd year legacy. 

Mr. Hai said, cá cược bóng đá 88 young successor has one destiny which is to brought Hoa Binh to become cá cược bóng đá 88 reputable company globally after Mr. Hai finished his destiny to make Hoa Binh become cá cược bóng đá 88 number one contractor in Vietnam.

Going abroad is what Mr. Hai always wanted, it is also a breaking point of cá cược bóng đá 88 Vietnamese construction industry in Mr. Hai opinion because Covid – 19 created a big change in cá cược bóng đá 88 world order and Vietnam is in its golden population.

IT IS AN OPPORTUNITY FOR VIETNAMESE CONSTRUCTION INDUSTRY TO REPLACE CHINA

In Vietnam, cá cược bóng đá 88 first strike Covid – 19 had caused many obstruction for construction industry and Hoa Binh was taking a big hit. For this 2^nd strike, how are you facing it?

cá cược bóng đá 88 2^nd strike of cá cược bóng đá 88 Covid – 19 caused more damage to cá cược bóng đá 88 economy than cá cược bóng đá 88 first time. cá cược bóng đá 88 hardest industries that got hit are hospitality, tourism, high-rise construction… are facing many challenges, especially to cá cược bóng đá 88 hospitality, condotel, ocean villas, shophouse and tourism area which had a large market share. cá cược bóng đá 88 two toughest challenges are cá cược bóng đá 88 late payment from cá cược bóng đá 88 investors and many construction sites had stopped operated.

cá cược bóng đá 88 foreign activities also affected. cá cược bóng đá 88 project in Canada is about to start in this year, now it has delayed. 2 projects in Australia and NewZealand are also temporarily stopped. However, even though there is a pandemic, it is slowly progressing. We had completed all cá cược bóng đá 88 investment paper works.

However, we got cá cược bóng đá 88 supports from cá cược bóng đá 88 banks. Because of our reputation, cá cược bóng đá 88 banks allowed us to have our loan payments delay and our company has some policies regarding to cá cược bóng đá 88 salaries of our employees to lessen our company financial burden.

It is difficult, but I believe we can overcome this. Although this is cá cược bóng đá 88 2^nd strike from cá cược bóng đá 88 pandemic, we do not know if there will be cá cược bóng đá 88 3^rdor 4^th times it strike or get how long it will last, are we going to live in with it?

No matter what, we need to be ready. This pandemic demanded us to be creative because there were no pioneer. We need to find solutions in this trying time.

Many businessmen think that in this trying time, we need to find a new way, to overcome what we are doing now. How about cá cược bóng đá 88 construction industry?

cá cược bóng đá 88 government has some policies to lessen cá cược bóng đá 88 burden of cá cược bóng đá 88 paper works with their decision as for 10 types of projects that will not need a permit. cá cược bóng đá 88 project that belongs in cá cược bóng đá 88 first type does not need design exemption from cá cược bóng đá 88 official and many decision to stop checking, examining from cá cược bóng đá 88 natural resources & environment department with hundreds of projects in HCM city and many others provinces. Therefore, cá cược bóng đá 88 government need to lend cá cược bóng đá 88 support to cá cược bóng đá 88 construction industry to develop after cá cược bóng đá 88 pandemic, encouraging public investment, disentangle private investors.  

In reality, not only Vietnam, many other countries had a plan or already started to act with their economy stimulus by investing in public. They use construction industry to make a recovery.

However, this is one of cá cược bóng đá 88 element of opportunity for Vietnam. cá cược bóng đá 88 most important thing is after Covid, many western countries are afraid of China. Not only their materials, general goods, cá cược bóng đá 88 Chinese construction service was being evaded by many countries. Thereby, is it not cá cược bóng đá 88 time for Vietnam to go abroad?

If comparing Vietnam and other countries in this SEA such as, Indonesia, Thailand, Malaysia, Philippines, I think they are not ready to go abroad like Vietnam.

Why? Because they do not have an open mindset and cá cược bóng đá 88 tremendous growth for cá cược bóng đá 88 construction industry, or even maintaining cá cược bóng đá 88 growing pace like Vietnam. For such a long time, their construction industry has only been steadily grow for these past year for a few percent, comparing to Vietnam we are growing 2 digits. Not only that, our capabilities are more impressive than others SEA countries, especially housing.

From 2011, when I go abroad, I see that Malaysia has many interesting things but they are still lacking behind us. That is why they asked us to go to their country and become their manager.

I think we are for cá cược bóng đá 88 most time underestimate out capabilities. This is not my objective opinion, this is cá cược bóng đá 88 objective comment from many international experts.

I think this is a good chance for Vietnamese construction industry to replace China at many developed countries or developing countries.

cá cược bóng đá 88 ADVANTAGE OF cá cược bóng đá 88 FOLLOWER

How to replace China when our industry are inferior than them?

Then lets me talk about Hoa Binh’s journey.

I built Hoa Binh in 1987. Before that, we have a war lasted for 30 years (1945 – 1975) – it is cá cược bóng đá 88 most horrifying war at cá cược bóng đá 88 end of 20^th century with cá cược bóng đá 88 amount of ammunitions bombarded us that 3 times larger than World War 2. Then we have to experienced 20 years of close economy, until 1995 we started to have a normal relationship with cá cược bóng đá 88 US.

In 50 years, Vietnamese construction industry stopped progressing. In cá cược bóng đá 88 new age, we are very outdated. Everything we have to do, we do it by hand whereas many other countries are using automaton, steampunk many tools, and modern technology.

How can a private company with no funding, capital, or assets, everything is outdated and our knowledge is near to nothing? How can Hoa Binh office grow from a small office to a corporation on top of cá cược bóng đá 88 nation

When I started, I think If other people can do it we, as a Vietnamese, can also do it, cá cược bóng đá 88 problem is that we have to put more effort into it, approach new things and we have cá cược bóng đá 88 advantages of cá cược bóng đá 88 learner.

During cá cược bóng đá 88 past 25 years of intense boom, we have acquired experiences in cá cược bóng đá 88 construction industry from cá cược bóng đá 88 most advanced countries when they came to Vietnam to invest. And now it can be said, our construction industry is built on new technology, like building a solid reinforced concrete. There are many large foreign construction enterprises with 70-year and 100-year history built on a very old industry. Now, wanting to apply new technology is not easy.

When I went to Korea to visit cá cược bóng đá 88 Innovation Center of a long-standing construction corporation, I asked them how they apply BIM solution to projects, and what percentage of projects apply cá cược bóng đá 88 solution. 3D BIM for management? Then their company has an ERP system applied to manage all cá cược bóng đá 88 group's resources?

They answered that at present, 3D BIM solution only applies to about 5% of total projects. While Hoa Binh applied up to 30%. They also do not have an integrated system of all cá cược bóng đá 88 group's resources while Hoa Binh has built a comprehensive project management PMS system.

cá cược bóng đá 88 reason, when they build a management model, does not have strong IT technology today. They have to divide into many parts, separate cá cược bóng đá 88 construction of private houses, build their own industries, build their own civil, and have their own infrastructure, and also divide by regions to manage because construction is an industry - translation cá cược bóng đá 88 case is very complicated. So, now, if you want to "gather", you cannot concentrate because it is separated, so it is difficult to focus. When resources are managed dispersed, it is difficult to exploit optimally.

I am sharing this information to say that we should not be confident. Afterward, there is cá cược bóng đá 88 advantage of a follower, who can exploit that advantage, apply cá cược bóng đá 88 most modern technology to build his apparatus and model, it will be able to compete in cá cược bóng đá 88 global market.

cá cược bóng đá 88 25 years from backward to modern have proven that cá cược bóng đá 88 Vietnamese spirit of innovation is great. With that spirit, all industries can be used to compete in international markets.

For those who have a start-up idea, I want to say, I should put myself in a globally competitive environment, not just providing products and services for cá cược bóng đá 88 domestic market. Any idea should be directed to serving cá cược bóng đá 88 global market of 7.7 billion people, in order to have outstanding products.

I still see no answers for cá cược bóng đá 88 scale and your financial capability of your company?

If you know how to solve cá cược bóng đá 88 financial problem, you can develop it very quickly. For Hoa Binh, in 10 years, revenue increased 25 times, from 700 billion to 18,800 billion. 10 years later, if you solve cá cược bóng đá 88 financial problem to continue growing, cá cược bóng đá 88 revenue will likely turn into 20 billion dollars, right?

But how to solve cá cược bóng đá 88 financial problem? With public companies, you can mobilize capital from issuing bonds, stocks, setting up investment funds, borrowing from banks ... I need experts and financial institutions to help solve cá cược bóng đá 88 problem. If I can confirm that cá cược bóng đá 88 strategy is effective and feasible, I will have money.

I have to prove it and I have to do some work overseas to prove it. cá cược bóng đá 88 big projects I'm going to do to show I can execute cá cược bóng đá 88 strategy, not just talk.

IN cá cược bóng đá 88 NEAR FUTURE, WE WILL OVERCOME cá cược bóng đá 88 AVERAGE INCOME TRAP

When going abroad, what are cá cược bóng đá 88 problems Hoa Binh faced?

We go abroad to both invest, build, work as general contractor with cá cược bóng đá 88 method of partnership with local contractors, not subcontractors.

cá cược bóng đá 88 biggest difficulty we face is cá cược bóng đá 88 different business environment. Different laws, different technical standards, different customs, different languages ​​... But I have to adapt. Everywhere Vietnamese people go, they can adapt? They even brought their whole family to a new place to live, And we are a company, there's nothing we cannot overcome.

When going abroad, there are many other problems as well, but cá cược bóng đá 88 problems got solved. If Korea, Japan, and China able to do it, so can we?

You always talked about you must going abroad, Hoa Binh had been overseas for a few years, what did you learn from it?

I have learnt lots of experiences in during my time working in Vietnam, but I did not learn much in foreign countries. I went there, worked, got some lessons; but never enough, I had to continue studying. cá cược bóng đá 88 more developed countries are, cá cược bóng đá 88 more they will learn.

Their level of construction is not better than us but their entire industry goes further than we are, so they have to learn how they organize cá cược bóng đá 88 industry, company organization, each site ... Not to generalize all, I learn just ask cá cược bóng đá 88 quintessence. Going to many places will integrate many quintessence of cá cược bóng đá 88 world to have an outstanding ability.

In fact, working as a construction manager in Malaysia, we have taken advantage of some of their experiences in building structural works as well as completing architecture. They have different solutions, construction has more economic ways.

If every Vietnamese businesses together head out overseas like you said, what would cá cược bóng đá 88 future looks like?

According to cá cược bóng đá 88 report of cá cược bóng đá 88 Ministry of Construction in 2019, Vietnam's construction industry is only take 15.2 billion USD on cá cược bóng đá 88 market share, while according to cá cược bóng đá 88 report of international statistics organizations, cá cược bóng đá 88 size of cá cược bóng đá 88 world construction industry is 12,000 billion USD. If cá cược bóng đá 88 development of construction on to foreign markets is successful and only accounts for 1%, Vietnamese construction industry will become a key economic sector of cá cược bóng đá 88 country.

And when we have cá cược bóng đá 88 competitiveness as I said above, we can grow cá cược bóng đá 88 market.

Recently, I have written a book "cá cược bóng đá 88 Golden Decade – History’s New Page" about a precious opportunity that we cannot delay, that is when cá cược bóng đá 88 golden population structure of Vietnam is only 14 years. In cá cược bóng đá 88 period 2020-2030, we have cá cược bóng đá 88 optimal population structure to make a breakthrough.

According to cá cược bóng đá 88 research of economists, a country can only turn into a power during a period of golden population. Through cá cược bóng đá 88 golden population stage, it is very difficult to overcome cá cược bóng đá 88 middle income trap. We should be well aware of such opportunities for Vietnam.

PAID cá cược bóng đá 88 PRICE AND ACCEPTANT – FOR cá cược bóng đá 88 “NEW NORMAN” OF LIFE

Returning to cá cược bóng đá 88 star project in Vietnam has mostly been operated by foreign general contractors, Vietnamese contractors like Hoa Binh was a sub-contractor. What is your opinion about being a sub-contractor?

I think it was also a period in which I learned. Sometimes I find myself at a disadvantage.

Financial loss but other benefits, is cá cược bóng đá 88 accumulation of a lot of knowledge, lessons learned. Just one fair. It is important that I have contributed to cá cược bóng đá 88 success of cá cược bóng đá 88 project, is something to be proud of. I'm still happy about that.

Back then, although I was a subcontractor, I always believed that I would be cá cược bóng đá 88 main contractor.

Later, as cá cược bóng đá 88 main contractor, he bet on a "super high rise" project and then this project brought Hoa Binh a loss of 125 billion in 2015. At that time, how did you feel?

I have a headache, until now it has not been resolved. It is also considered an occupational accident, but it comes at a price.

Through such a superstar project, we have learned a lot of experience in building super-high-rise buildings and steel structures. Now, we have experts grasped those specialized problems to make projects with complex structures, outstanding height and depth.

Referring to cá cược bóng đá 88 crisis in 2008 - 2009, Hoa Binh fell into liquidity, having to sell Hoa Binh Tower with a loss of nearly 2 million USD. All these things he summed up in two words "acceptable".

It was also a difficult decision, but I think it was cá cược bóng đá 88 right one. cá cược bóng đá 88 crisis made cá cược bóng đá 88 company's financial situation very difficult, cá cược bóng đá 88 loss of $ 2 million was a large amount because its capital was also limited. But it is cá cược bóng đá 88 cutting loss that helps cá cược bóng đá 88 company have money through a period of crisis and then has grown very quickly after cá cược bóng đá 88 crisis. Finally, in cá cược bóng đá 88 five years from 2008 to 2013, cá cược bóng đá 88 revenue increased 5 times.

Once I have made that decision, I have no regrets, even cá cược bóng đá 88 damage caused by cá cược bóng đá 88 other superstar project is still cá cược bóng đá 88 price to pay for lessons learned. cá cược bóng đá 88 risks and difficulties make us forced to seek solutions and make us more mature.

I consider it a very normal thing in business, I cannot let it strained me out.

Empire city project

But that was hundred billions Vietnamese Dong, do you see you pay a high price?

Yes. But consider it a normal matter of life. Do not be arrogant when you are success, but do not feel down when you fail.

When Hoa Binh has become a leading contractor in Vietnam, what are cá cược bóng đá 88 difficulties of "lead role" in projects?

Currently, cá cược bóng đá 88 technical expertise of Hoa Binh is okay, but cá cược bóng đá 88 problem is that cá cược bóng đá 88 professionalism of domestic investors is not high. They don't manage projects well, so they sometimes make it difficult for me. We are cá cược bóng đá 88 main contractor, but cá cược bóng đá 88 investor divided many packages too, which is very unfavorable for us to have total control. Then they do not make payment properly, so it is also difficult for them to settle cá cược bóng đá 88 debt.

Debt is still something that I feel a bit worried about, but actually this problem is also common in all construction businesses.

What is "normal" like that, so for you, what is cá cược bóng đá 88 most difficult?

cá cược bóng đá 88 technical problems at cá cược bóng đá 88 construction site leading to occupational accidents are cá cược bóng đá 88 ones that I find most stressful. At that time, cá cược bóng đá 88 construction was suspended to investigate cá cược bóng đá 88 accident. Workers are injured, possibly even dead. In addition to cá cược bóng đá 88 pain, cá cược bóng đá 88 company has to solve all other problems, as it can lead to criminal liability.

One thing that I am quite happy about is that through every technical incident, we have improved cá cược bóng đá 88 safety management system. In cá cược bóng đá 88 past 3 years, cá cược bóng đá 88 safety management has been very tight, so there have been no serious occupational accidents. And it can be said that 180 million safe working hours, without serious occupational accidents, is a feat of cá cược bóng đá 88 construction industry.

How do you deal with cá cược bóng đá 88 pressures?

I thought to find cá cược bóng đá 88 solution. I consider cá cược bóng đá 88 problems posed as well as solving such a difficult problem or a difficult move, just like a game. Thinking that is comfortable, but always looking at cá cược bóng đá 88 problem.

It is also a joy when doing math but having solutions And cá cược bóng đá 88 solution is what makes me relieve stress immediately.

I love to solve math. When I was in school, I was in an excellent form when solving geometry problems. I can solve a problem that teacher fully writes on cá cược bóng đá 88 board in just a few dozen seconds.

Now looking back on his business career, what makes you most proud?

cá cược bóng đá 88 most proud thing can be said is "conquering cá cược bóng đá 88 summit peacefully". I have built up a very peaceful and humane corporate culture. With that culture, from a small office, Hoa Binh becomes a reputable, leading enterprise in cá cược bóng đá 88 construction industry.

Leading is not something to be proud of, but cá cược bóng đá 88 way to lead is peace, humanity is proud. There are durable values, I have included in my value declaration, summarized to build a corporate culture including Civilized Behavior - Conducting with integrity - Implementation of commitments - Compliance - Integrate quintessence - be creative - be cooperate.

And if I talk about a specific project, I want to mention Saigon Center, located in cá cược bóng đá 88 heart of Ho Chi Minh City. This is cá cược bóng đá 88 deepest work in cá cược bóng đá 88 city center with a depth of 28m, including 6 basements, 43 floors, contract value Hoa Binh signed is 154 million USD in 2014.

It is a work proving that, after nearly 10 years as a subcontractor for foreign investors in high-rise buildings to learn construction technology, Hoa Binh has enough capacity to perform cá cược bóng đá 88 role of general contractor in one Singapore's high standard project. Investor Keppel Land is very satisfied and they evaluate it as cá cược bóng đá 88 best management project in all aspects of their investment projects both domestically and internationally.

Your son has just assumed cá cược bóng đá 88 position of CEO of Hoa Binh at cá cược bóng đá 88 age of 29. It seems that you are preparing to transfer cá cược bóng đá 88 business to cá cược bóng đá 88 younger generation?

Right. But it can be said, in my case was lucky. cá cược bóng đá 88 candidate for cá cược bóng đá 88 position of General Director of Hoa Binh has many excellent people who can replace my son but luckily, his personality is very suitable.

It is like me, it can inherit my career and Hoa Binh culture. I think culture is cá cược bóng đá 88 root, without understanding and without inheriting culture, it is impossible to inherit cá cược bóng đá 88 enterprise.

In terms of capacity, of course my son would outperformed me because he was able to study abroad, study business administration more methodically, and I came from architecture, not yet learned business administration (laugh). Then he studied in America so English was good, and I was babbling English.

As such, it has many better things. Of course experience is obviously more time consuming and I will also help it shorten cá cược bóng đá 88 time to full independence. But it must be said that it is very active, has a very independent qualities, bravery and humility in thinking, not completely dependent on me.

My son loves Hoa Binh since his childhood. I sent my children abroad to study since high school. At that time, he said this: "Don't worry, I will definitely serve Hoa Binh tomorrow. But I do not want to depend on you dad, I will climb up by myself. When I return I will not abused my position and power, I will work from cá cược bóng đá 88 bottom, I will go to Vung Tau to make myself tan, so they will not know that I am your son, after that I will become cá cược bóng đá 88 worker, and climb up by my own hand.

When he came back, he was not as naive as he was when he was a child, he said he went to work in a foreign company for 2 years. Exactly 2 years for Shinhan Bank to learn how to organize and manage, he returned to Hoa Binh for 4 years, from being in charge of developing international business markets, then in charge of cá cược bóng đá 88 North area, deputy general. cá cược bóng đá 88 position of General Director is chosen by cá cược bóng đá 88 Board of Directors, not me personally.

I think it will continue to develop Hoa Binh, will write a new page of history for Hoa Binh, which is Hoa Binh in cá cược bóng đá 88 global market. In cá cược bóng đá 88 country, it seems that I have fulfilled my mission of making Hoa Binh a leading company. Now its mission is to turn Hoa Binh into a famous company in cá cược bóng đá 88 world.

If one day, cá cược bóng đá 88 young people who inherited his career wanted to change one of Hoa Binh's values, what would he do?

I think at that time it should go and make a new company, not in Hoa Binh.

Hoa Binh is only called Hoa Binh when it maintains its core values. If you want to go another way, you should set up another company.

But life will change, if we see new values ​​that are more relevant to cá cược bóng đá 88 times, should we change too?

Anything can be born or ceased, if it is no longer suitable, let it change its name as well, to be another business. But also known as Hoa Binh, there must be cá cược bóng đá 88 identity of Hoa Binh, cá cược bóng đá 88 core values ​​of Hoa Binh.

Thank you for sharing!

By Ngo My – Bach Duong

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