- CEO
- Kien Thanh Vu
- Full Time Employees
- 35
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Ha Noi Vietnam
- IPO Date
- May 31, 2019
- Business
- Vinaconex PVC Construction Investment JSC, operating as Vinaconex 39 Joint Stock Company (UPCoM: PVV), is a Vietnam-based engineering, construction, and property development enterprise primarily engaged in civil, industrial, and infrastructure contracting, real estate development, and technical engineering services. Founded in 2007 and headquartered in Hanoi, Vietnam, the company conducts its operations across Vietnam with a primary concentration in the northern and central regions, serving government bodies, industrial enterprises, commercial developers, and individual homebuyers. The company operates through several core business segments: Construction and Installation; Real Estate Investment and Development; Engineering and Technical Consultancy; Industrial Manufacturing and Materials Trading; and Auxiliary Commercial Services. In its Construction and Installation operations, the company provides general contracting and specialized engineering for high-rise residential complexes, commercial towers, industrial facilities, transport networks, and irrigation systems; installation of electrical networks and substation infrastructure up to 35 kV; site clearance, ground leveling, earthworks, and foundation treatment; and architectural finishing and interior and exterior decoration. Through its Real Estate Investment and Development division, the company invests in, develops, leases, and sells residential apartments, office complexes, and urban developments, with notable developments including the CT2A and CT2B residential buildings in Co Nhue New Urban Area, the 60B Nguyen Huy Tuong commercial-office-residential complex, and the PVV Vinapharm mixed-use tower. In Engineering and Technical Consultancy, the company offers construction supervision; urban planning, architectural, and structural design; project feasibility studies; bidding advisory; and end-to-end construction project management. Through its Industrial Manufacturing and Materials Trading operations, the company produces and distributes construction materials, aggregates, and building supplies; assembles, sells, and repairs commercial vehicles, construction machinery, and industrial spare parts; and distributes emergency rescue and safety equipment. In Auxiliary Commercial Services, the company provides road transport and logistics; vehicle and construction equipment leasing; landscaping and tree cultivation; and commercial hospitality and restaurant operations. In recent developments, the company has undergone extensive corporate and financial restructuring following the complete capital divestment of former parent entities Vinaconex and PetroVietnam Construction (PVC) and the subsequent transfer of its shares to the UPCoM exchange under ticker PVV. To stabilize operations and improve financial solvency, the company has focused on debt restructuring, resolving legacy real estate project liabilities, rationalizing its non-core asset base, and refocusing core operational capacity on traditional civil contracting and infrastructure execution.