The world is entering an era in which technology has become a core foundation, reshaping the entire construction and building operation industry toward smarter systems, automation, and greater operational efficiency.

In Vietnam, rapid urbanization, rising demands for improved quality of life, and the strong development of infrastructure and industrial real estate are creating substantial opportunities for integrated technology solutions. At the same time, this has become a ‘golden opportunity’ for businesses to seize market potential and strengthen their position within the value chain.

The launch of the 11th member company stands as a clear affirmation of the Group’s transformative strategy: rather than remaining solely within the scope of traditional construction, the Group is evolving into a diversified technology ecosystem capable of meeting the increasingly demanding standards of a new era.

Mr Pham Van Tai delivering remarks upon assuming his new role.

Speaking at the ceremony, Phạm Văn Tài, Chief Executive Officer of Minh Duc SE, stated: “Minh Duc SE will fully inherit the customer base, partnerships, and reputation that Minh Duc Construction Group has built over the past 16 years. Our orientation is to develop a deep, value-driven sector that focuses on long-term value for each project, rather than providing fragmented products.”

The ribbon-cutting ceremony marking the establishment of Minh Duc SE Company.

Minh Duc SE is positioned as a provider of integrated smart technology consulting and implementation solutions, built on two core pillars: First, Smart Home solutions, designed to lead the trend of modern living; Second, Elevator systems, offering intelligent transportation solutions that ensure safety and optimize user experience.

With a solid foundation, Minh Duc SE aims to become one of the Top 10 leading companies in Vietnam within the next 3 to 5 years in the field of smart technology solutions and elevator system design and installation.

The presence of Minh Duc SE serves as a ‘technology nucleus’, contributing to the completion of a value chain that spans from construction and installation to automation, thereby optimizing operations for large-scale projects. The 16-year milestone, together with the establishment of this new member company, sends a strong message of Minh Duc Group’s continuous growth, reaffirming its pioneering position in the Industry 4.0 era.