- CEO
- Con Thanh Ho
- Full Time Employees
- 112
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Vung Tau Vietnam
- IPO Date
- May 23, 2023
- Business
- UDCons Construction Investment Corporation, formerly known as Ba Ria - Vung Tau Urban Development and Construction Joint Stock Company (UDEC), is a Vietnam-based enterprise engaged in civil engineering, infrastructure construction, real estate development, and building materials manufacturing. Founded in 1995 and headquartered in Vung Tau City, Vietnam, the company operates primarily across southern Vietnam. The corporation delivers products and services across five primary business segments: Construction and Engineering, Real Estate Development, Industrial Manufacturing, Logistics and Port Operations, and Hospitality Services. In its Construction and Engineering division, the company provides general contracting, structural installation, and project management for civil works; public administration buildings; transportation infrastructure; and hydraulic and municipal works. In its Real Estate Development segment, the company invests in, develops, and manages urban residential zones; apartment complexes; commercial housing; and industrial park infrastructure. In its Industrial Manufacturing division, operated through dedicated production enterprises, the company manufactures and supplies hot-mix asphalt concrete; ready-mix cement concrete; cement-stabilized crushed stone aggregate; and precast concrete components. In its Logistics and Port Operations segment, conducted through member units such as Thanh Chi Joint Stock Company, the company provides inland waterway port management; dry port and warehouse leasing; post-port logistics services; and freight forwarding. In its Hospitality division, through subsidiaries including UDC Phu My Company Limited, the corporation operates hotel accommodations, restaurants, and tourism services. In recent strategic developments, the company transitioned its trading to the UPCoM exchange under the ticker symbol UDC and executed a corporate rebranding to UDCons Construction Investment Corporation. In addition, under the oversight of the Ba Ria - Vung Tau Provincial People's Committee, the corporation has been implementing a comprehensive corporate and financial restructuring program to optimize capital structure, streamline governance across operational subsidiaries, resolve distressed asset obligations, and refocus construction resources on core urban infrastructure and residential development projects.