- CEO
- Dung Viet Nguyen
- Sector
- Finance
- Industry
- Real estate development
- Address
- Ha Noi Vietnam
- IPO Date
- Jan 10, 2008
- Business
- Song Da No. 19 JSC is a Vietnam-based company primarily engaged in civil, industrial, and infrastructure construction, building materials production, and mineral mining. Founded in 2007 and headquartered in Yen Bai Province, Vietnam, the company originally operated as a member enterprise of Song Da Corporation before its equitization. Song Da No. 19 JSC organizes its business activities into several core operational segments: construction and engineering services, comprising the general contracting, construction, and installation of hydroelectric power plants, irrigation systems, transport networks, bridges, power transmission lines, and civil and industrial buildings; building materials manufacturing and trading, including the production, processing, and commercial distribution of ready-mix concrete, crushed stone, construction sand, bricks, and prefabricated concrete structures; mining and mineral exploitation, involving the quarrying, processing, and wholesale of construction stone and non-metallic aggregates; and industrial services, encompassing the leasing of heavy construction machinery, specialized equipment, transport vehicles, and commercial warehousing facilities. The company primarily serves state-owned enterprises, private industrial developers, public works authorities, and commercial contractors across northern and northwestern Vietnam, including Yen Bai, Son La, Hoa Binh, and Hanoi. In recent developments, Song Da No. 19 JSC has undergone comprehensive corporate and operational restructurings following the broader divestment strategy of the Song Da Group, maintaining its public trading status on the UPCoM exchange under the ticker SJM. In response to shifting macroeconomic conditions and construction demand, the company has implemented measures to optimize operating costs, restructure legacy liabilities, streamline heavy machinery utilization, and reorient operational focus toward high-margin aggregate quarrying and selective regional infrastructure subcontracts.