ĐẠI HỌC QUỐC GIA HÀ NỘI KHOA QUẢN TRỊ VÀ KINH DOANH --------------------- NGUYỄN VĂN ANH BUILDING BUSINESS STRATEGY IN REAL ESTATE FOR COMPANY 59, THE MINISTRY OF DEFENCE XÂY DỰNG CHIẾN LƯỢC KINH DOANH BẤT ĐỘNG SẢN CÔNG TY 59, BỘ QUỐC PHÒNG LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH HÀ NỘI - 2018 TIEU LUAN MOI download : skknchat@gmail.com ĐẠI HỌC QUỐC GIA HÀ NỘI KHOA QUẢN TRỊ VÀ KINH DOANH --------------------- NGUYỄN VĂN ANH BUILDING BUSINESS STRATEGY IN REAL ESTATE FOR COMPANY 59, THE MINISTRY OF DEFENCE XÂY DỰNG CHIẾN LƯỢC KINH DOANH BẤT ĐỘNG SẢN CÔNG TY 59, BỘ QUỐC PHÒNG Chuyên ngành: Quản trị kinh doanh Mã số: 60 34 01 02 LUẬN VĂN THẠC SĨ QUẢN TRỊ KINH DOANH NGƯỜI HƯỚNG DẪN KHOA HỌC: TS. TRẦN HUY PHƯƠNG Hà Nội - 2018 TIEU LUAN MOI download : skknchat@gmail.com COMMITMENT The author undertakes that the results of the study in the dissertation are the results of the author's own work primarily obtained during study and research and not yet published in any other research by others. Research results and other people's materials (quotations, tables, formulas, graphs and other materials) used in this dissertation have been approved by the authors and cited in detail. I am fully responsible to the scientific council on thesis defence, Hanoi School of Business and Management and the law for the above commitments.
Student Nguyen Van Anh TIEU LUAN MOI download : skknchat@gmail.com ACKNOWLEDGEMENT During my study and thesis writing process, I received valuable guidance from lecturers at the Hanoi School of Business and Management – Vietnam National University, Hanoi. First of all, I would like to thank the leaders and lecturerer for their hard work. I would like to thank for the heartedness of Ph. Tran Huy Phuong to instruct me in the preparation of graduation thesis.
I also sincerely thank the staff of Company 59 to support, provide information and facilitate me for completion of my research. I give my thanks to my wife and two lovely children for their spiritual support motivating me to complete the dissertation at the time of busy and pressure from many factors. With the supports from many sides, I also made great efforts to complete the thesis in the best way but due to certain limitations on knowledge, time and information, the work has certainly existed shortcomings. I hope to receive the sympathy, contributions and supports of lecturers and readers to complete the topic.
Thanks and best regards. TIEU LUAN MOI download : skknchat@gmail.com TABLE OF CONTENTS LIST OF TABLES. i LIST OF FIGURES. Overview of the research status.
Objectives of the research. Subjects of the research. Scope of the reseach. Methods of the research .5 CHAPTER 1: THEORETICAL BASIS OF BUSINESS STRATEGY IN REAL ESTATE.
The general theories of business strategy. Concept of strategy and business strategy. Characteristics of business strategy. The role of business strategy.
The levels of strategy. The process of building business strategy of enterprises. Identification of the mission, the current business objectives of the business. Assessment on the external environment of the business.
Analysis on the internal business environment. Development of strategic options .23 TIEU LUAN MOI download : skknchat@gmail. Analysis and selection of strategy. The concept of real estate and property characteristics.
Real estate concept. Characteristics of real estate business. Impact of real estate business characteristics on building business strategy. CURRENT SITUATION OF THE COMPANY'S REAL ESTATE BUSINESS STRATEGY AT COMPANY 59 OF MINISTRY OF DEFENSE.
About the Company 59 of Ministry of Defense. Introduction of Company 59 of Ministry of Defense. Organizational structure of company 59, Ministry of Defense. Functions and missions of the Company 59 under Ministry of Defense.
Objectives and core values of the company 59 under Ministry of Defense36 2. Business results of the company 59 under Ministry of Defense. Analysis of the external business environment of company 59, Ministry of Defense. Macro-environmental analysis.
Micro-environment analysis (sectoral environment). Identification of opportunities - challenges. Analysis of internal environment of company 59, Ministry of Defense. Human resources of company 59.
Other intangible resources. Determining of strengths and weaknesses .64 TIEU LUAN MOI download : skknchat@gmail. BUILDING BUSINESS STRATEGY IN REAL ESTATE FOR COMPANY 59, THE MINISTRY OF DEFENSE AT THE STAGE OF 2018-2022 AND RECOMMENDATIONS. Defining of the mission, goals, vision of the business.
Development of strategic options. Analysis and selection of strategic options. Recommendations of implementation of the strategy. Marketing mix solution.
Human resource solutions. Solutions on raw materials. Some recommendations to the management level .defense TIEU LUAN MOI download : skknchat@gmail.defense LIST OF TABLES Table 1. SWOT matrix - Strengths - Weaknesses - Opportunities - Risks.
Quantitative Strategic Planning Matrix - QSPM. Matrix of Strategic Business Review. Major business lines of the company 59. List of typical works have been implemented.
List of capacity of technical workers. Summary of financial data. Comparison table between units. Comparision of revenue between company 59 and CC1.
Opportunities and challenges. Statistics of the land fund allocated for management use. Strengths and weaknesses. SWOT matrix proposed business strategy for Company 59.
Matrix quantitative strategic planning .defense TIEU LUAN MOI download : skknchat@gmail.defense LIST OF FIGURES Figure 1. The process of building business strategy of enterprises. Model of external environment analysis (business environment). PESTEL model of macro environment analysis.
Model 5 Competitive Force M. Business Strategy Evaluation Matrix. Vietnam's GDP over the years. Total state budget revenue 2017.
Total budget of 2017. Speed of urbanization in Vietnam. Real estate market in Vietnam 2016. Survey the sales team through survey questionnaire form 1.
Survey the sales team through survey questionnaire form 2. Survey qualifaction of management and leadership through survey questionnaire form 1. Survey of technological capacity in group 1 .defense TIEU LUAN MOI download : skknchat@gmail. Overview Vietnam's economy has developed with high growth rate strongly and sustainably.
A series of outstanding events taking place in the world and in domestic strongly impact on our economy as Vietnam joined the WTO in late December 2006 to be in tune with the world and take many advantages, which have made Vietnam become an attractive investment destination in the region for domestic and foreign investors. Or the fact that Vietnam has been voted by non- permanent members of the United Nations has shown the trust of its friends in the world with Vietnam, its belief in Vietnam's economy and the political stability of our country. And in the most recent, Vietnam became an official member of the Trans-Pacific Partnership Agreement - TPP in February 2016. With the potential economy, there has already been many real estate investment projects in Vietnam.
The types of investment are very diverse such as high-end apartment buildings, office buildings for rent, shopping centers, etc., creating a tremendous impetus for social and economic development and changing the face of urban in Vietnam. However, real estate has been a very specific business area that requires special conditions such as strong financial resources, ability to raise capital, good relationships with specialized regulatory authorities, orientation as well as long- term vision of business leaders. In addition, the real estate business is cyclical, thus the risk is very large so in the recent years, a series of businesses operating in this field went bankrupt owing to bank debt, lack of capital, no output and others. Company 59 of the Ministry of Defense is a state-owned enterprise under the Ministry of General Staff has many years of implementation and trading real estate projects.
Like other real estate businesses, the company is facing many challenges that affect the company's business. The real estate sector is the spearhead and dominates almost all activities of other fields such as construction consultancy, construction and installation and others. Therefore, the difficulty of this scetor shall pull a series of other business areas of the affected company. The management of 1 (LUAN.defense TIEU LUAN MOI download : skknchat@gmail.defense the company has assessed and seen the demand for housing, buildings, offices and types of vacation resort is still high, especially in developed cities such as Hanoi, Da Nang, Ho Chi Minh City and new urban areas such as Phu Quoc, Nha Trang and others also urgently review their internal capabilities to build a complete real estate business strategy - in line with the current situation.
Starting from that demand, the research topic: “Building business strategy in real estate for Company 59, the Ministry of Defense” is very necessary for the development of the company. Overview of the research status Real estate business has only grown since the early 1990s, but the business is now an important economic sector in the country. Because real estate business is directly related to a tremendous amount of assets in terms of scale, nature and value of the aspects of the national economy. Real estate shares account for about 40% of the country's wealth, while real estate-related activities account for 30% of total economic activity.
In developed countries, the amount of money that a bank lends through mortgages through real estate accounts for over 80% of the total loan portfolio. Therefore, real estate investment and development plays an important role in transforming assets into abundant financial sources for socio-economic development, especially development investment. the infrastructure of the economy. Due to the above reasons, many researches related to this field have been published.
Below, I would like to mention some case studies: Competitive environment of real estate sector - strategy of Binh Chanh Construction Investment Shareholding (BCCI) for the period of 2010 - 2015; Author’s group of the University of Economics Ho Chi Minh City (2010). In this study, the authors focus on the real estate market in Vietnam when Vietnam becomes an official member of the World Trade Organization. The real estate market gradually followed the trajectory, the real estate market of Vietnam from the non-ranked transparency index has risen in the top of the transparent market. Commitment to WTO accession has helped real estate developers such as Savills, Collier, CBRE and others develop.
In addition, the author analyzes 2 (LUAN.defense TIEU LUAN MOI download : skknchat@gmail.defense competency and, more importantly, analyzes the SWOT matrices of Binh Chanh Construction Investment Shareholding to point out strengths, weaknesses, risks and external challenge. This will help the company to discover and gain a competitive edge in the real estate market. However, the authors have not evaluated the construction of real estate business strategies in the company so the solutions that the authors have not put into practice the situation of the company. Preparation of a real estate investment strategy at Vinapol Joint Stock Company; Cao Xuan Cuong (2010) In the implementation of the research, the author has achieved the following objectives: systematizing the theoretical basis of real estate investment strategy and assessing the current ability of the business, explore the investment opportunities on real estate market and conduct analysis of the opportunities for challenge.
Based on the theory of the author applied the strategy of real estate investment of Vinapol Joint Stock Company in the next 10 years. The author then proposed to develop solutions to effectively implement the established strategies. In addition to the above mentioned objectives, the research still has limitations, including the author has not conducted external matrix analysis and internal matrix analysis, so the opportunities and challenges as well as strengths and weaknesses that the author analyzes in the SWOT matrix is sketchy and undetailed.