FECON (FCN) are officially listed on Hochiminh Stock Exchange (HOSE)

Founded in 2004, after eight years of operation, FECON is well-known as one of the leading companies of foundation engineering and underground construction in Vietnam with the charter capital is 138 billion VND, total assets is 1007 billion VND. FECON has an abundant human resource with 806 staff including 16 doctors, 36 masters and 122 engineers specialized in geotechnical engineering construction.

Scope of company business concentrates on foundation engineering construction with 3 core content following: 1. Soil investigation, foundation testing and geotechnincal consultancy. 2. Designing, manufacturing and constrcution for soft soil improvment. 3. Designing, manufacturing and pre-stressed concrete spun pile (PC/PHC) and piling works. In 5 recent years, the growth in revenue of FECON is 125% per year in average, reaching 914 billion VND in 2011 with 96 billion VND profit, increasing 180% compared with year 2010. In the first half of year 2012, it reaches 493 billion VND with profit of 50 billion VND, estimated 52% of year plan. Revenue growth and average return from now to 2015 is expected from 115% to 120% per year in the next few years.With the advantage of being a professional company in the foundation engineering and underground construction field and engineers specialized in soft soil and construction structure, FECON have chosen differentiation strategy of business scope and product and service chain, establishing high quality products and the maximum benefit for customers. - About the product and service orientation: FECON is continuing to strengthen the available products and services to provide the market with products of high quality, reasonable price. Also, we pay special attention to promote the strength of human resource in order to give customers the comprehensive optimal solutions of foundation construction. Those solutions have to ensure four criteria such as high quality, faster construction time, low cost and environmental friendliness. Besides, FECON is studying to approach tunnel and urban underground construction technology, especially underground construction in soft soil in order that in 2015, our engineer team can design and implement this item. Our key objectives are to reduce the cost of underground construction for the investors and the nation and to increase sales for the company. - About market orientation: FECON focuses on maintaining our no. 01 position in the north market of pre-stressed concrete spun piles, and gradually strengthening our no. 01 position in the market of soft soil improvement all over the nation. FECON will become the leading company of  the foundation engineering and underground construction in Vietnam. - About financial orientation: FECON implements gradually restructured capital structure with the aim of ensuring safety in payment, reduce expense of borrowed interest and increases the efficiency of investment to the shareholders, while creating the company strong financial status. Improve and maximize efficiency in the use of working capital. With the orientation and long-term development strategy of FECON, FECON Board of Management believe that FECON will be growing and contributing to improve the capacity of the contractors in Vietnam in the possession and application of modern construction technology and have great value in the important constructions of the country. FECON will also contribute to the industrilization and modernization of the country in the period of integration and development. As a listed company on the Stock Exchange, FECON commit to fulfill responsibilities and obligations of a listed public company with the management apartments and ensure maximum efficiency for the shareholders and the investors.