- CEO
- Tien Huy Nguyen
- Full Time Employees
- 202
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Ha Noi Vietnam
- IPO Date
- Apr 22, 2010
- Business
- Viet Duc Welding Electrode Joint Stock Company (HNX: QHD), commercially known as VIWELCO, is a Vietnam-based industrial manufacturing enterprise primarily engaged in the development, production, and distribution of welding materials, consumables, and related mechanical equipment. Founded in 1967 as the Welding Electrode Factory under the Ministry of Heavy Industry and equitized in 2003, the company is headquartered in Thuong Tin District, Hanoi, Vietnam, with primary manufacturing plants located in Hanoi and Hai Phong. Viet Duc Welding Electrode JSC operates primarily in the industrial metallurgy and welding consumables sector, providing specialized welding solutions for structural fabrication, shipbuilding, infrastructure construction, automotive manufacturing and repair, machinery installation, and heavy engineering industries. The company's core product and service portfolio encompasses shielded metal arc welding (SMAW) covered electrodes, including mild steel electrodes (such as N46-VD and J421-VD models meeting AWS E6013 standards), high-tensile strength alloy steel electrodes, stainless steel electrodes (such as VD-308 series), cast iron electrodes, and hardfacing wear-resistant electrodes; gas metal arc welding (GMAW/MIG/MAG) solid and flux-cored welding wires; submerged arc welding (SAW) wires; fused and agglomerated welding fluxes; specialized chemical coatings; industrial welding accessories; as well as the trading of metallurgical raw materials and the provision of welding technical consulting and quality testing services. Geographically, the company operates an extensive nationwide distribution network across Vietnam comprising authorized distributors, wholesale agents, and direct enterprise sales, while exporting its products to more than 20 international markets. In recent operational and strategic developments, Viet Duc Welding Electrode JSC established a comprehensive strategic partnership with Hong Ky Mechanical Company to co-develop and distribute integrated welding systems that pair VIWELCO welding consumables with electronic welding machinery for domestic and export markets. In addition, the company has undertaken ongoing automation and technology modernization upgrades across its Hanoi and Hai Phong production facilities to enhance metallurgical precision and production efficiency, expanded its export channels across Southeast Asia, and maintained consistent capital distribution through recurring cash dividend approvals across its recent annual shareholder meetings.