(VEN) -The years 2008-2009 saw turbulent economic fluctuation and recession that have greatly affected the construction industry. However, Saigon RDC managed to hold steady and remained firm despite several challenges, and it also managed to create achievements. Vietnam Economic News' Hai Yen spoke with Michael Williams, the general director of Saigon RDC Co., Ltd.
What are the critical factors leading to the success of Saigon RDC, a leading ready-mixed concrete and foundation supplier in Vietnam?
The fundamental values that have created success for Saigon RDC is the ability and commitment to supply efficient, smooth and consistent quality of ready-mixed concrete to its customers over the years. Starting-up in 1995, Saigon RDC perpetuated its hallmark effort by ceaselessly developing, manufacturing and supplying ready-mixed concrete that is of consistent good-quality for many high-rise buildings and infrastructure projects.
We have maintained a substantial truck fleet to ensure around-the-clock deliveries to our customers. Moreover, our fully-equipped concrete laboratory is evidence of our strong commitment to maintain quality concrete through strict control of raw materials and daily testing of concrete cube strength. In addition, our bored pile project team is ready to provide customers with an all inclusive service, which includes planning and development of cost-effective construction to put the building on a solid foundation. We are proud to be a bored pile specialist contractor that has built many reputable projects in Vietnam such as Times Square, Saigon View, The Vista and Tan Da Court. Furthermore, the company is managed by an experienced and dedicated team of highly recognized professionals. Due attention has been paid to improving staff competency through understanding of consumers’ demand and business trends, improving staff through training, taking multi dimensional approaches to problems and diversifying ways of approaching business. For this reason, Saigon RDC has attracted many customers and businesses over the years. These factors contributed tremendously to our success.
Where has the company gone so far from the years 2008-2009?
In 2008-2009, the worldwide financial and economic recession impacted the Vietnamese market; many plans/projects were halted; and some new projects could not start. Saigon RDC like other companies faced numerous difficulties and has also been influenced by the world economic downturn and slow development in the home market. Actually, this is not the first crisis that we faced with in the last 15 years. The Vietnamese market has ups and downs but it continues to be promising and it is a charm for foreign companies. As for Saigon RDC, the most important thing we have done to get through the challenges is to discuss with related parties, internal teams and customers, about the crisis, the reasons and the impacts it has. In this light, we have drawn-up clear strategies to cope with the crisis. Moreover, with a professional, dedicated team and a sound business strategy, Saigon RDC has overcome difficulties and achieved impressive results. The turnover came to US$ 30 million in 2009. With strengths, Saigon RDC expects to grow 30 percent, with turn over of US$45 million in 2010.
What targets do you have to keep up with the need for sustainable development?
To continue growing in a sustainable manner we have set up targets.
Saigon RDC will increase its size/capacity by building six more factories to include 12 batching plants in 2010.
As for customers, we always do our best to provide consistent and good quality concrete and stay abreast of the market to understand customers.
Besides, we also want to be a good corporate citizen. Our vision is to increase business, pay taxes and make valuable contributions to the economic growth and the people in Vietnam.
On the occasion of the Lunar New Year, I would like to wish prosperity and success to our staff, Vietnam Economic News readers, our clients, partners and friends./.
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