- CEO
- Canh Huu Le
- Full Time Employees
- 160
- Sector
- Electronic technology
- Industry
- Electronic equipment/Instruments
- Address
- Haiphong Vietnam
- IPO Date
- Dec 23, 2009
- Business
- Hai Phong Electricity Water Machine Assembly Joint Stock Company (HNX: DNC) is a Vietnam-based utility and infrastructure engineering enterprise primarily engaged in electricity distribution, water management, and electromechanical construction. The company operates across multiple core business segments, providing products and services that include: transmission, distribution, and retail supply of electricity to rural and suburban power grids; extraction, treatment, and distribution of clean potable water for residential and industrial consumers; manufacturing of electrical wires, power transmission cables, fiber-optic cables, and electrical apparatus; fabrication of structural steel, pre-engineered buildings, and mechanical components; engineering, procurement, and construction (EPC) services for power stations, transformer substations, industrial civil works, and water drainage systems; and utility management solutions encompassing digital meter reading, online customer registration, and electronic billing services. Originally established in 1992 and equitized into a joint stock corporation in 2005, the company is headquartered in Hai Phong, Vietnam, and maintains operations and project footprints across Hai Phong, Quang Ninh, Hung Yen, and Phu Quoc. In recent corporate and operational developments, the company streamlined its utility portfolio in late 2024 through the planned restructuring and surrender of select local distribution and retail power licenses to municipal authorities. In September 2026, the company completed the deployment and operational acceptance of the enterprise-wide BRAVO 10 ERP management platform to digitize business operations, inventory control, and financial governance. Furthermore, the company strengthened its equity capitalization through successive stock dividend distributions approved and executed across 2025 and 2026.