VC9 - No 9 Construction Join Stock Company
HHNX:VC94,300.00
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VC9 - No 9 Construction Join Stock Company
HNX:VC9
(Hanoi Stock Exchange)
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4,300.00
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- No 9 Construction Joint Stock Company (Vinaconex 9), listed on the Hanoi Stock Exchange under the ticker VC9, is a Vietnam-based engineering, construction, and real estate enterprise. Founded in 1977 and headquartered in Hanoi, Vietnam, the company provides comprehensive contracting and development solutions across civil, commercial, industrial, and infrastructure sectors throughout Vietnam. The company organizes its business activities into four principal segments: Construction and Installation, Real Estate Development, Building Materials Manufacturing and Trading, and Technical Consultancy and Equipment Leasing. Its portfolio of products and services includes general contracting and construction engineering for high-rise residential buildings, mixed-use urban complexes, commercial office facilities, industrial factories, logistics warehouses, and public utility projects; infrastructure construction, including municipal road networks, transport bridges, water supply and wastewater treatment systems, and power substation infrastructure; real estate investment, project development, and property management for residential urban zones and commercial assets; the manufacture, processing, and distribution of construction materials, including commercial ready-mix concrete, precast concrete components, quarry stone aggregates, and structural steel fittings; and the provision of architectural design consultancy, construction project supervision, surveying, and heavy construction machinery and equipment leasing services. In recent corporate developments, No 9 Construction Joint Stock Company has executed significant operational and financial restructuring initiatives aimed at strengthening its market competitiveness and capital efficiency. Following equity ownership changes and the divestment of capital by its former parent entity, Vietnam Construction and Import-Export Joint Stock Corporation (Vinaconex), the company completed key leadership and board transitions to enhance corporate governance. Operationally, the company has refocused its bidding strategy on large-scale public infrastructure, industrial EPC contracts, and logistics facilities, while optimizing its balance sheet through debt restructuring and the divestment of non-core asset holdings. Furthermore, the company has established strategic supply chain and subcontracting alliances to improve material procurement efficiency, control input costs, and accelerate project execution across its domestic construction portfolio.