Construction

The construction industry is one of the industries with a long history as well as the largest scale in the world, serving basic needs such as accommodation, production, trade, tourism, military ...

The construction and installation industry plays an extremely important role in Vietnam's socio-economics, currently it is estimated that there are about 150 thousand companies, with a total of about 4.2 million employees, accounting for nearly 9% of the total number of workers in the country. In 2020, the total output of Vietnam's construction industry reached nearly 359 trillion VND, accounting for nearly 6% of Vietnam's GDP, with a growth rate of about 9%/year.

However, Vietnam's construction industry has a relatively low speed of new technology, which leads to the level of construction techniques. This puts the competitive pressure very fiercely, the average tax margin of businesses is below 5%.
 

GMC Software Solution Joint Stock Company has successfully consulted and implemented ExpertERP overall management solution for many enterprises in the construction, construction and real estate industries in Vietnam.
 

The Covid-19 pandemic greatly affects the socio-economic situation around the world, including Vietnam. The social simplifying policy of countries has caused a global supply chain disruption, pushing up the price of construction materials, especially iron and steel, greatly affecting the operation of Vietnam's construction-real estate industry.

On the other hand, the epidemic situation also greatly affects the progress of the project's construction due to labor shortages and limitations, suspension of transportation to and from epidemic areas. In addition, the approval of new projects that have been suspended or delayed from previous years also affects the industry, not to mention the administrative procedures for bidding, book issuance, lack of investment capital also cause difficulties for the construction and real estate industry today.

However, it is one of the three Asia-Pacific countries with a positive growth economy in 2020. FDI capital registered for investment in Vietnam reached 29 billion USD, of which 3.8 billion USD was invested in real estate, accounting for 14.8%.

Vietnam's economic growth in the recent epidemic period confirms that this is a convenient, safe investment location with high potential for profit in the future. Real estate segments that foreign investors invest in are also more diverse such as urban real estate, resort tourism, industry,...

The core activities of construction businesses and real estate investors are Construction project management from project bidding; Project planning; Project implementation management until Acceptance - Settlement - Liquidation & Project end.

For Sales Department:

• Manage customer information and project bidding requirements

• Analyze bidding requirements and build a quotation structure

• Contract management of the project

For the Project Management Board:

• Manage the Project Board & charter, project scope

• Build a total progress for the whole project, a set of project quality standards.

• Manage all project resources (people, supplies, machinery and equipment, ..)

• Develop and manage construction plans

• Comprehensive project control (progress, quality, supplies, actual costs, ...). Compare with the approved Plan for appropriate adjustments.

• Build & manage all project records and documents.

• Acceptance and Finalization of works

For Purchasing Manager:

• Develop a purchasing and supply plan according to the project construction plan

• Manage Suppliers; Transaction history; Price; Quality; Supplier evaluation;...

• Manage the delivery and acceptance of materials and goods.

For Human Resources Department:

• Manage all records, employee information

• Timekeeping management, payroll, types of insurance

• Manage & mobilize human resources to participate in the project

For Finance - Accounting Department:

• Manage capital, budget and actual costs incurred

• Advise the Board of Directors and the Management Board on issues related to costs and cash flows of the project.

• Manage arising business, calculate and allocate costs.

• Calculate profit and loss according to works, projects, contracts.