- CEO
- Huy Manh Hoang
- Full Time Employees
- 61
- Sector
- Finance
- Industry
- Real estate development
- Address
- Ha Noi Vietnam
- IPO Date
- Mar 9, 2018
- Business
- Truong Thanh Energy and Real Estate Joint Stock Company (HOSE: TEG) is a Vietnam-based investment and infrastructure holding company primarily engaged in renewable energy project development, real estate and urban township development, construction and engineering, and commercial trading services. Founded in 2011 and headquartered in Hanoi, Vietnam, the company operates as a prominent member of the Truong Thanh Vietnam Group (TTVN Group) ecosystem, delivering energy, infrastructure, and property solutions across Vietnam.
The company organizes its business activities into four main operational segments: Renewable Energy, Real Estate Development, Construction and Engineering, and Commercial Trading and Services. In the Renewable Energy segment, the company invests in, develops, constructs, and operates utility-scale and distributed clean energy assets; its offerings comprise ground-mounted solar photovoltaic power plants, floating solar installations, commercial and industrial rooftop solar systems under long-term power purchase agreements, and onshore and nearshore wind power farms. In the Real Estate Development segment, the company develops and manages integrated urban residential areas, commercial housing projects, eco-tourism resorts, hospitality complexes, and industrial cluster infrastructure, with a strategic development focus in high-growth coastal and provincial markets including Binh Dinh, Phu Yen, and Quang Ngai. In the Construction and Engineering segment, the company delivers full-scope engineering, procurement, and construction (EPC) contracting; civil and industrial building construction; electrical substation and transmission line installation; municipal infrastructure development; and technical project management consultancy. In the Commercial Trading and Services segment, it supplies electrical equipment, industrial components, and construction materials, while also providing real estate agency, property leasing, and asset management services.
In recent operational developments, Truong Thanh Energy and Real Estate Joint Stock Company has executed strategic realignments and capital transactions to accelerate asset expansion across clean energy and property sectors. The company implemented equity financing initiatives and charter capital increases to fund equity commitments for utility-scale renewable energy assets and land-bank acquisitions. To enhance project execution and technological capability, the company deepened international strategic alliances and joint ventures with multinational clean energy conglomerates, including Thailand-based Sermsang Power Corporation and B.Grimm Power, collaborating on utility-scale projects such as the Tra Vinh wind power facilities and regional solar farms. Additionally, the company expanded its self-consumption and rooftop solar portfolio targeting manufacturing tenants in industrial zones, while advancing master planning, infrastructure construction, and pre-sales for mixed-use residential developments and industrial logistics clusters in Central and Southern Vietnam.