- CEO
- Hieu Tran Nguyen
- Full Time Employees
- 4
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Dong Nai Vietnam
- IPO Date
- Jul 30, 2010
- Business
- Sametel Corporation (HNX: SMT) is a Vietnam-based manufacturing and trading company specializing in electrical equipment, telecommunications infrastructure components, architectural building materials, and renewable energy solutions. Founded in 2006 as a spin-off from SAM Holdings Corporation (formerly SACOM) and headquartered in Long Thanh District, Dong Nai Province, the company operates across four primary business segments: Telecommunications, Electrical Equipment, Architectural Construction Materials, and Renewable Energy and Industrial Services.
The company's core product and service portfolio comprises telecommunications infrastructure hardware, including single-mode and multi-mode optical fiber cables, FTTH (Fiber-to-the-Home) drop wires, optical distribution frame (ODF) cabinets ranging from 24FO to 960FO capacities, optical splice closures, splitter boxes, patch cords, pigtails, and copper connectivity accessories; electrical power distribution equipment, including molded composite electrical meter boxes, low-voltage distribution cabinets, and cable management enclosures; architectural and building materials marketed under the proprietary SMT brand, including anti-corrosive aluminum ceiling tiles, suspended ceiling systems, and specialized sun louvers; renewable energy solutions, including solar photovoltaic panels, solar inverters, solar-powered lighting systems, and solar operations and maintenance (O&M) services utilizing robotic cleaning equipment; and industrial contracting and trading services, encompassing engineering, procurement, and construction (EPC) installation, telecommunications network integration, import-export consignment, and industrial facility leasing.
Sametel Corporation operates a 13,000-square-meter manufacturing facility situated within the Long Thanh Industrial Park in Dong Nai Province, supported by representative commercial offices in Ho Chi Minh City and Hanoi. The company distributes its products and engineering services throughout Vietnam, catering predominantly to major telecommunications carriers, including VNPT, Viettel, FPT Telecom, and CMC Telecom; state-owned utilities, notably Vietnam Electricity (EVN); commercial real estate contractors; and industrial infrastructure developers.
In recent developments, Sametel Corporation has undertaken comprehensive corporate and operational restructuring to streamline its cost structure and refocus on core manufacturing competencies following significant shareholder turnover and the divestment of Louis Capital. To address listing surveillance and warning classifications on the Hanoi Stock Exchange, the company has implemented financial remediation measures, including the divestiture and rationalization of underperforming solar energy assets at its Long Thanh facility, increased provisioning for receivables, and tighter working capital controls. Operationally, the company has re-emphasized its foundational electrical and telecommunications manufacturing lines while scaling industrial warehouse and factory space leasing. Furthermore, Sametel has refreshed its executive leadership and corporate governance framework and received shareholder approval to evaluate strategic alliances, joint ventures, and M&A opportunities in emerging sectors such as advanced materials, the Internet of Things (IoT), and artificial intelligence (AI).