'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

Construction giant Deo Ca partners with Denmark firm to build first wind tunnel lab in Vietnam

Construction giant Deo Ca partners with Denmark firm to build first wind tunnel lab in Vietnam

Vietnam’s construction giant Deo Ca Group said Tuesday that it was teaming up with Denmark’s SOH Wind Engineering to build the nation’s first wind tunnel lab.

Companies - Tue, October 24, 2023 | 8:01 pm

'My destination is on the horizon': Deo Ca Group chairman

'My destination is on the horizon': Deo Ca Group chairman

Deo Ca Group's capabilities extend beyond being a leader in road tunnel construction. They also build expressways, sea bridges, and are even researching technologies for cable-stayed bridges, high-speed railways, etc. The larger the scale, the greater the challenges. On the occasion of Vietnam Entrepreneurs' Day, October 13, The Investor talks to Ho Minh Hoang, chairman of Deo Ca Group, about his business.

Executive Talk - Fri, October 13, 2023 | 8:10 am

Transport infrastructure firm Deo Ca prioritizes core business

Transport infrastructure firm Deo Ca prioritizes core business

Deo Ca Traffic Infrastructure Investment JSC (HHV) plans to continue focusing on transport infrastructure development despite its modest profit margin of 15%, said chairman Ho Minh Hoang.

Companies - Tue, April 25, 2023 | 4:02 pm

'Tunnel King' proposes $115 mln ‘tourist’ expressway in central Vietnam

'Tunnel King' proposes $115 mln ‘tourist’ expressway in central Vietnam

The Deo Ca Group has proposed building a six-lane, 20-km road as a “tourist route” linking Dong Hoi town with the Phong Nha-Ke Bang National Park in Quang Binh province.

Infrastructure - Fri, December 2, 2022 | 2:02 pm