- CEO
- Quynh Nhu Tu
- Full Time Employees
- 12
- Sector
- Finance
- Industry
- Real estate development
- Address
- Co Giang Ward Vietnam
- IPO Date
- Jul 26, 2010
- Business
- VRC Real Estate and Investment Joint Stock Company is a Vietnam-based investment and real estate enterprise primarily engaged in property development, infrastructure management, and strategic equity investments. Established in 1980 as the Vung Tau - Con Dao Construction Enterprise and later converted into a joint stock entity before adopting its current corporate identity in 2017, the company is headquartered in Ho Chi Minh City, Vietnam, and trades on the Ho Chi Minh Stock Exchange under the ticker symbol VRC. The company operates primarily across the southern economic region of Vietnam, including Ho Chi Minh City, Ba Ria - Vung Tau Province, and Long An Province.
The company organizes its business operations into three main segments: Real Estate Development, Port and Maritime Logistics Services, and Financial Investments. Its core products and services comprise: residential property development, including apartment complexes, mid-to-high-rise residential towers, and low-rise landed properties such as the Babylon Garden development and the ADC Residential Area in District 7; master-planned urban area and township development, featuring large-scale land subdivision and infrastructure projects such as the 90-hectare Nha Be New Urban Area and the ADC Long An residential zone; commercial real estate leasing, land acquisition, and project legal consultancy services; seaport operation, maritime logistics, vessel repair, and shipyard support services conducted through its affiliate My Xuan Port Services and Shipyard Joint Stock Company; and corporate mergers and acquisitions, capital placement, and short-to-medium-term investment asset management.
In recent developments, VRC Real Estate and Investment Joint Stock Company has implemented major corporate restructuring and asset portfolio optimization strategies aimed at strengthening capital liquidity and streamlining project execution. The company has restructured holdings within its core subsidiary, ADEC Joint Stock Company, advancing plans to divest selected project components, including Lot H of the ADC Residential Area project in District 7, while actively seeking strategic joint-venture partners to co-develop the Nha Be New Urban Area. Concurrently, the company has prioritized legal regularization and land-use certificate completion for the ADC Long An project. On the governance front, the company completed executive leadership transitions with the appointment of Tran Thi Van as General Director and legal representative, while maintaining adjusted capital allocation strategies across its core affiliate, My Xuan Port Services and Shipyard Joint Stock Company.