- CEO
- Thu Truong Cao
- Full Time Employees
- 356
- Sector
- Producer manufacturing
- Industry
- Building products
- Address
- Ho Chi Minh City Vietnam
- IPO Date
- Aug 2, 2018
- Business
- Fico Corporation - JSC (UPCoM: FIC), formerly known as Building Materials Corporation No. 1, is a Vietnam-based enterprise primarily engaged in the manufacturing, processing, trading, and distribution of construction materials, general construction contracting, and real estate investment. Founded in 1976 and headquartered in Ho Chi Minh City, Vietnam, the company operates across comprehensive industrial and commercial segments, offering a systematic portfolio of products and services that include cement and clinker manufactured and distributed under the Fico brand via major joint ventures such as Fico-YTL Cement; ready-mix concrete, precast concrete pipes and structures, and autoclaved aerated concrete (AAC) blocks; ceramic wall and floor tiles, polished granite tiles, and sanitary ware fittings; refractory materials and technical ceramics for industrial furnaces; mined and processed mineral resources, including silica sand, kaolin, clay, and crushed stone aggregates; commercial trading of coal, gypsum, and heavy construction equipment; civil, industrial, and urban infrastructure engineering and installation services; and real estate development encompassing residential housing, commercial leasing, and industrial park infrastructure. Fico Corporation serves commercial builders, civil engineering contractors, government infrastructure projects, and retail consumer markets across Vietnam, with selected building material and mineral exports to regional Southeast Asian markets such as Cambodia. In recent developments, the company has accelerated its corporate restructuring and operational optimization initiatives following state divestment transitions, consolidated its subsidiary network to focus resources on core manufacturing assets, invested in energy-efficient production lines to manufacture eco-friendly, low-carbon building solutions, and expanded its strategic alliance with YTL Cement to modernize grinding facilities, enhance domestic logistics capacity, and strengthen market penetration across Southern Vietnam.