Construction trio keen on building $1.5 bln expanded expressway in southern Vietnam

Construction trio keen on building $1.5 bln expanded expressway in southern Vietnam

Three construction majors in Vietnam are interested in building an expanded expressway connecting Ho Chi Minh City with the Mekong Delta provinces of Long An and Tien Giang for an estimated VND38.6 trillion ($1.52 billion).

Infrastructure - Tue, November 19, 2024 | 8:18 pm

Deo Ca-led consortium wins $44.4 mln bidding package for northern Vietnam expressway

Deo Ca-led consortium wins $44.4 mln bidding package for northern Vietnam expressway

A consortium led by “tunnel king” Deo Ca Group has won a VND1.1 trillion ($44.4 million) bidding package to construct the Hoa Binh-Moc Chau expressway linking the two northwestern provinces of Hoa Binh and Son La.

Infrastructure - Fri, October 4, 2024 | 9:21 am

Transport heavyweight Deo Ca fulfils 90% of year profit target after nine months

Transport heavyweight Deo Ca fulfils 90% of year profit target after nine months

Deo Ca Transport Infrastructure Investment JSC, a subsidiary of “tunnel king” Deo Ca Group, had fulfilled about 90% of its 2024 after-tax profit target after nine months, up 17% year-on-year.

Companies - Wed, October 2, 2024 | 10:16 pm

Transport infrastructure builder Deo Ca achieves 55% of 2024 net profit target

Transport infrastructure builder Deo Ca achieves 55% of 2024 net profit target

Deo Ca Traffic Infrastructure Investment JSC, a subsidiary of “tunnel king” Deo Ca Group, has fulfilled 55% of its 2024 net profit target in the first half of the year.

Companies - Tue, July 9, 2024 | 3:24 pm

'Tunnel king' Deo Ca makes five-year roadmap for listing, double capital base by 2025

'Tunnel king' Deo Ca makes five-year roadmap for listing, double capital base by 2025

Deo Ca Group JSC, also known as the “tunnel king” for its leading position in Vietnam’s transport construction sector, has devised a five-year roadmap for going public and will proceed at an appropriate time, said an executive.

Companies - Thu, June 27, 2024 | 9:18 am

Deo Ca eyes 11% profit hike, plans $4.7 bln for expressway projects

Deo Ca eyes 11% profit hike, plans $4.7 bln for expressway projects

Deo Ca Traffic Infrastructure Investment JSC, a subsidiary of “tunnel king” Deo Ca Group, is targeting a 17% increase in revenue and an 11% jump in net profit for 2014, according to its 2024 AGM held on Friday.

Companies - Sat, June 1, 2024 | 7:50 pm

'Tunnel king' Deo Ca plans to invest over $3.7 bln in building roads

'Tunnel king' Deo Ca plans to invest over $3.7 bln in building roads

“Tunnel king” Deo Ca Group plans to build about 400 km of highways and ring roads with a total investment of more than VND94,000 billion ($3.7 billion) by 2030.

Companies - Sat, April 27, 2024 | 5:17 pm

Transport heavyweight Deo Ca estimates Q1 profit up 33%

Transport heavyweight Deo Ca estimates Q1 profit up 33%

Deo Ca Transport Infrastructure Investment JSC, a subsidiary of “tunnel king” Deo Ca Group, expects its revenues and profit in the first quarter of 2024 to reach VND674 billion ($26.8 million) and VND109 billion ($4.34 million), up 25% and 33% year-on-year, respectively.

Companies - Fri, April 5, 2024 | 9:52 am

New Year sees work begin on $589-mln expressway to China border gate

New Year sees work begin on $589-mln expressway to China border gate

Construction of the first phase of an expressway linking with a China-linked border gate kicked off Monday, the first day of 2024, under the public private partnership (PPP) format.

Infrastructure - Mon, January 1, 2024 | 6:47 pm

Tunnel king Deo Ca, S Korean firm to build two railway tunnels

Tunnel king Deo Ca, S Korean firm to build two railway tunnels

A consortium of Vietnam construction giant Deo Ca and South Korea’s IlSung Vietnam Co., Ltd has won a VND552 billion ($22.7 million) contract to build two tunnels on the Hanoi-Ho Chi Minh City railway route.

Infrastructure - Wed, December 27, 2023 | 3:11 pm

Transport heavyweight Deo Ca estimates 2023 profit 9% higher than target

Transport heavyweight Deo Ca estimates 2023 profit 9% higher than target

Deo Ca Transport Infrastructure Investment JSC, a subsidiary of “tunnel king” Deo Ca Group, expects its 2023 profit to reach VND370 billion ($15.2 million), up 24% year-on-year and exceeding the plan by 9%.

Companies - Wed, December 20, 2023 | 4:08 pm

Deo Ca Group-led consortium invests in northern Vietnam expressway

Deo Ca Group-led consortium invests in northern Vietnam expressway

A consortium led by Deo Ca Group has been selected as the investor to implement the first phase of the Dong Dang-Tra Linh Expressway project connecting Lang Son and Cao Bang provinces in northern Vietnam.

Infrastructure - Wed, December 6, 2023 | 10:19 pm

Transport infrastructure development a huge opportunity for Deo Ca: exec

Transport infrastructure development a huge opportunity for Deo Ca: exec

Deo Ca Group foresees huge business opportunities in transport infrastructure development in Vietnam for the company and other private investors, said general director Ngo Truong Nam.

Infrastructure - Thu, November 2, 2023 | 12:05 pm

Vietnam, Laos to boost connectivity via ports, railways, roads

Vietnam, Laos to boost connectivity via ports, railways, roads

Vietnam and Laos have agreed to boost their connectivity by implementing several key projects including seaports, roads and railway routes.

Infrastructure - Wed, October 25, 2023 | 2:46 pm