Vietnam Electronics And Informatics Joint-Stock Corporation
UUPCOM:VEC28,700.00
VND
+3,600.00
(+14.34%)
Vietnam Electronics And Informatics Joint-Stock Corporation
UPCOM:VEC
(Unlisted Public Company Market)
Recent
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28,700.00
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yld
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ROIC.AI
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- Business
- Vietnam Electronics And Informatics Joint-Stock Corporation (Viettronics) is a Vietnam-based enterprise engaged in the manufacturing, assembly, distribution, and system integration of consumer electronics, information technology hardware, industrial equipment, and mechanical-electrical engineering solutions. The company organizes its operations across several key business divisions: Consumer and Household Electronics, providing audio-visual systems, amplifiers, speakers, karaoke equipment, induction cookers, and household appliances under brands including VITEK, VTB, BELCO, and CERANO; Information Technology and Computing Systems, delivering personal computers, networking infrastructure, peripheral devices, software integration, and technical maintenance services; Industrial, Telecommunications, and Specialized Electronics, manufacturing and supplying medical electronics, communication devices, electronic components, and automated industrial control systems; Mechanical and Electrical (M&E) Engineering Services, executing turnkey design, installation, and maintenance of heating, ventilation, and air conditioning (HVAC) systems, fire protection infrastructure, power distribution networks, and building automation systems for commercial and industrial facilities; Energy Infrastructure Solutions, providing engineering consultancy, technical supervision, and equipment procurement for power transmission lines, transformer substations, and power plant projects; and Real Estate and Ancillary Services, managing commercial property leasing, facility operations, and professional vocational training in informatics and electronics. Founded in 1970 and headquartered in Hanoi, Vietnam, the corporation operates throughout Vietnam with a network of regional subsidiaries, assembly facilities, and service centers in major economic hubs. In recent developments, the corporation is undergoing comprehensive strategic restructuring in coordination with the State Capital Investment Corporation (SCIC) divestment program, which targets the auction and transfer of the state's controlling equity interest to strategic commercial investors. Concurrently, the company is rationalizing its asset portfolio, resolving land-use valuation governance, and realigning core operations to expand high-value mechanical-electrical engineering contracting and industrial technical services.