Vietnam Electricity Construction JSC
UUPCOM:VNE2,100.00
VND
+200.00
(+10.53%)
ISIN
VN000000VNE5
Return %
Stock
S&P 500
1Y
- -
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Can Quang Tran
- Full Time Employees
- 137
- Sector
- Industrial services
- Industry
- Engineering & construction
- Address
- Da Nang Vietnam
- IPO Date
- Aug 9, 2007
- Website
- vneco.com.vn
- Similar Companies
- Business
- Vietnam Electricity Construction Joint Stock Corporation, widely known as VNECO, is an engineering, procurement, and construction contractor and industrial manufacturer specializing in electrical power transmission infrastructure, renewable energy projects, and civil construction in Vietnam. Founded in 1988 and headquartered in Da Nang, Vietnam, the company operates across three primary business segments: Power Construction and Engineering, Industrial Manufacturing and Equipment Supply, and Real Estate and Tourism Development. Under its Power Construction and Engineering segment, the company provides turnkey engineering, procurement, and construction services for high-voltage and extra-high-voltage overhead transmission lines up to 500kV; installation of transformer substations and gas-insulated switchgear stations; underground and submarine power cabling works; balance-of-plant construction and civil engineering for solar photovoltaic farms, wind power plants, hydroelectric facilities, and thermal power stations; and testing, commissioning, repair, and technical maintenance services for energy facilities. Under its Industrial Manufacturing and Equipment Supply segment, the corporation produces and distributes centrifugal concrete electrical poles, foundation piles, and high-voltage steel lattice towers; hot-dip galvanized steel components and structural metal frames; prefabricated industrial buildings; and commercial distribution of power transformers, medium-to-high-voltage electrical cables, switchgears, and control systems. Under its Real Estate and Tourism Development segment, the corporation engages in civil engineering, commercial building construction, urban property development such as the My Thuong New Urban Area in Hue, and hospitality operations. VNECO primarily serves state utilities including Vietnam Electricity and the National Power Transmission Corporation, alongside independent power producers and commercial developers across Vietnam, operating through regional subsidiaries including VNECO 1 Electricity Construction JSC, VNECO 2 Electricity Construction JSC, and VNECO 9 Investment & Construction JSC. In recent developments, the corporation has undertaken a major restructuring initiative involving the strategic divestment of holdings across multiple non-core and underperforming subsidiaries to optimize capital allocation, reduce financial leverage, and reinforce liquidity. Following a transition from the Ho Chi Minh Stock Exchange to the UPCoM market under the ticker symbol VNE in mid-2026, the company is executing operational and financial adjustments aimed at restoring compliance for an eventual main-board relisting, while refocusing core contracting capabilities on high-voltage grid expansions under Vietnam's National Power Development Plan VIII and accelerating delivery on key infrastructure projects.