Mr. Đinh Hồng Kỳ gives an interview to the newspaper Tuổi Trẻ Online on February 24, 2026
As the nation enters the roadmap to achieve its two 100-year milestones, the task ahead is to drive the economy toward double-digit growth over the next 20 years. This is not only a mission but also an opportunity for every individual and every business.
Mr. ĐINH HỒNG KỲ
(Chairman of the Board, Secoin Joint Stock Company)
A Golden Opportunity for Vietnam’s Construction Enterprises
Amid the boom in construction investment, opportunities are enormous. However, if domestic enterprises fail to improve financial management and transparency, there is a real risk that they will remain only subcontractors. In such a scenario, when large-scale infrastructure projects surge, international contractors and financially strong corporations will dominate the role of main contractors.
The strong increase in public investment presents a golden opportunity for the construction industry. Yet this is not merely a phase of building more projects—it is a critical moment for the industry to upgrade its financial strength and competitiveness.
Without sufficient working capital and stable access to credit, businesses can easily fall into a vicious cycle: cash shortages – construction – waiting for payments – cash shortages again. Achieving double-digit growth means a significant increase in project volume. Enterprises must shift from the mindset of “borrowing to build” toward a more sustainable capital structure: partnering with investment funds, issuing transparent project bonds, accessing green finance, and forming joint ventures to share risks.
Article link published on Tuổi Trẻ Online: https://tuoitre.vn/tim-co-hoi-cung-lam-giau-20260224084502749.htm
