In the economic picture of Vietnam, the private economic sector plays an increasingly important role in creating jobs, promoting investment, urban development and contributing resources to the State budget. In that flow, Sunshine Group emerged with increasing operating scale and remarkable budget contribution.
According to just released data, Sunshine Group is in the group of private enterprises with the highest budget contribution, ranking second in the private enterprise sector. This result not only reflects the scale of the enterprise's operations but also shows the shift from a real estate development enterprise to a private economic group capable of implementing large-scale projects, creating economic value and contributing to society.
From project development to contribution to the economy
Real estate is an industry with a large spillover effect to many sectors of the economy. A large-scale project not only generates direct revenue for the budget but also entails the activities of construction, materials, finance, services, trade, transportation and a series of related industries.
With the orientation of developing large urban areas and large-scale projects, Sunshine Group is participating in the process of forming new urban spaces, while creating an accompanying economic - service ecosystem. From this perspective, budget contribution is not simply a financial figure. It is also a measure of the enterprise's ability to create value for the economy.
In the context of Vietnam entering a new stage of development, the role of private enterprises is being placed in an increasingly important position. The policy of promoting the private economy not only sets requirements for scale and competitiveness, but also requires businesses to improve social responsibility, comply with the law and make practical contributions to the country.
With Sunshine Group, being in the group of private enterprises contributing large budgets is a noteworthy milestone. This shows that the private sector can completely become one of the important revenue-generating forces for the State when the enterprise develops to a sufficiently large scale.
Doing real, investing real, creating real value and making real contributions are becoming increasingly important criteria to assess the role of businesses in the economy.
A project to be launched by the Sunshine Group consortium with the expectation of rebuilding the new Hanoi and lowering house prices.
It's not just the story of a corporation
The development of large-scale private enterprises is more meaningful than the scope of each enterprise. When enterprises expand investment, the budget has more revenue; workers have more jobs; supporting industries have more markets; urban areas have more infrastructure and services.
That is also the reason why budget contributions are increasingly becoming one of the important indicators to recognize the health and role of the business community.
With its position in the leading group in the private sector in terms of budget contribution, Sunshine Group is showing a noteworthy direction: Developing businesses associated with the responsibility of contributing to the economy and society.
In the period when Vietnam aims to become a developed country with a highly competitive economy, the growth of domestic private enterprises, along with the increasing ability to contribute to the budget, will be one of the important resources to realize the country's long-term development goals.
From a private enterprise to a large-scale corporation, Sunshine Group's journey is therefore not only measured by the projects that have been implemented, but also by the economic values that the enterprise creates and the contribution to the country.
