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How is the partnership to build an airport in Vung Tau?

Created On: 18/10/2019 09:47:48

According to the interim consolidated financial statements reviewed by Deloitte, on June 30, Van Phu - Invest (VPI) had total assets of over 7,800 billion dong, owning nearly 2,500 billion dong.

Liên danh xin xây sân bay ở Vũng Tàu có năng lực thế nào?Illustration.

As BizLIVE reported, the People's Committee of Ba Ria - Vung Tau Province has just sent documents to relevant units about the proposal of the joint venture of Van Phu - Invest Investment Corporation and VCI Investment Joint Stock Company. studying, planning and investing Go Gang Airport; studying, planning and proposing investment projects at the old airport land area in Vung Tau city.
According to BizLIVE, VCI Investment Joint Stock Company (VCI) is located at 13 Trung Kinh, Trung Hoa Ward, Cau Giay District, Hanoi.
This business was licensed on March 5, 2010, operating mainly in the field of specialized construction. The legal representative is Mr. Bui Duc Lam.

VCI is currently the investor of the 13-hectare VCI Mountain View urban area in Vinh Yen (Vinh Phuc) with a total investment of VND 1,500 billion, which reflects the construction of the project that has "killed" the lives of people. During the past.
Specifically, Tien Phong Newspaper on June 8 reflected that for nearly a year, the households living near the VCI urban area were miserable because of construction activities at the construction site.
Accordingly, in the first quarter of 2018, in the process of leveling the project, the investor of the project is VCI Investment Joint Stock Company, which changed the status quo, damaged the drainage system, caused mud and mud. flood into people's homes.

Notably, after the incident, Dinh Trung commune authorities made a record of the situation and stated the reason due to heavy rains and mud from the construction site that VCI Company was constructing into the house.
For Van Phu - Invest, this is an emerging business in the real estate market with many projects already built in Hanoi and Ho Chi Minh City through the implementation of a series of BT projects.
The predecessor of Van Phu Invest is the Hanoi branch of Quang Ninh Housing Investment and Construction Company owned by the State, operating independently in the fields of investment, business and construction consultancy. construction and real estate development.
In 2008, Quang Ninh Housing Investment and Construction was privatized, transformed into a joint stock company and changed its name to Van Phu - Invest Investment Joint Stock Company.

This business operates in the fields of investment, project development, real estate management and business, investment consulting, design, construction, supervision of civil, industrial and delivery projects. pine and irrigation, production and trading of construction materials, manufacturing and trading of wooden furniture and construction furniture. The Chairman of the BOD is Mr. Tô Như Toàn.
According to the interim consolidated financial statements reviewed by Deloitte Auditing Company, by June 30, Van Phu - Invest (VPI) had total assets of over 7,800 billion dong, up 1.1 trillion dong compared to with the beginning of 2019; in which, short-term assets are 5,500 billion, long-term assets 2,359 billion. This enterprise currently owns nearly 2,500 billion dong of equity.
Remarkably, out of the total of 7,800 billion dong of assets that this enterprise owns, there are up to 5,400 billion dong of liabilities, increasing correspondingly (1.1 trillion dong) with the increase of total assets. with early 2019; in which short-term debt is 2,300 billion dong, the rest is long-term debt.
 
 

Total assets and liabilities of VPI until June 30, 2019.

According to the research, VPI is the investor of a series of mid-range real estate projects in Hanoi, such as: Home City Apartment, Van Phu Urban Area, Terra - Hao Nam Project, Van Phu - Victory Project. , ...
Notably, prominent among the projects of Van Phu must be the Home City Trung Kinh project. This can be said to be the first project of this business when entering the real estate market. Currently the project has been completed and put into use.
However, over the past few years, in this apartment building, the dispute between the customer and the investor has been going on continuously when the investor blocked the walkway at 177 Trung Kinh and moved people to a temporary walkway. on Nguyen Chanh street.

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