VNECO 3 Electricity Construction JSC
HHNX:VE310,900.00
VND
+700.00
(+6.86%)
VNECO 3 Electricity Construction JSC
HNX:VE3
(Hanoi Stock Exchange)
Recent
price
10,900.00
P/E
ratio
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div
yld
- -
ROIC.AI
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- Business
- VNECO 3 Electricity Construction JSC is a Vietnam-based company primarily engaged in the construction and installation of power transmission infrastructure and electrical engineering projects. The company provides a comprehensive portfolio of products and services across multiple business divisions, including: construction, erection, and installation of power transmission lines and transformer substations up to 500kV; civil, industrial, transportation, and municipal infrastructure construction; manufacturing and fabrication of galvanized steel towers, steel structures, precast concrete poles, and electrical components; wholesale trading of electrical equipment, mechanical hardware, and building materials; technical consultancy, topographical surveying, engineering design, and testing services for power network systems; and the leasing of specialized construction machinery, transport vehicles, and warehouse facilities. The company primarily caters to state-owned utility operators, including Vietnam Electricity (EVN) and the National Power Transmission Corporation (EVNNPT), as well as industrial and renewable energy facility developers across Vietnam, with core operations centered in central and southern regions. In recent operational developments, VNECO 3 Electricity Construction JSC has restructured its bidding and project management strategies to prioritize major national grid interconnection and renewable energy evacuation contracts, upgraded its construction equipment fleet for high-voltage transmission projects, and streamlined its operational workflows and corporate governance in alignment with parent company Vietnam Electricity Construction Joint Stock Corporation (VNECO). Originally established in 1993 and converted into a joint stock company in 2004, VNECO 3 Electricity Construction JSC is headquartered in Da Nang, Vietnam.