The Board of Directors of RCC, a leading construction company, has appointed Mr. Vu Duc Tien as Chairman for the term 2025-2030. Alongside, Mr. Nguyen Duy Kien will take on the role of Vice Chairman.
Mr. Vu Duc Tien, born in 1973, previously served as the CEO of SHS, a reputable securities company. On the other hand, Mr. Nguyen Duy Kien, born in 1969, is the founder of Kita Group, a prominent real estate enterprise with a strong portfolio of projects across Vietnam.
According to the company’s 2017 white paper, RCC possesses an extensive land fund spanning from North to South Vietnam. This includes leased properties in Hue, Hanoi, and Quang Binh, as well as owned land in Dong Nai (now Binh Phuoc).
In terms of business performance, RCC reported a 27% year-over-year decrease in revenue for the first half of 2025, amounting to VND 229 billion. The company also incurred a post-tax loss of nearly VND 31 billion, compared to a profit of VND 2.6 billion in the same period last year.
Looking ahead, RCC aims to achieve VND 900 billion in revenue and VND 20 billion in pre-tax profit for the full year 2025, representing significant growth from 2024. To accomplish these goals, the company intends to actively participate in bidding processes, secure new contracts, and allocate resources to key railway projects such as the Lao Cai-Hanoi-Haiphong route and the North-South high-speed railway.
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