Viet Nam Industrial Construction Corporation
UUPCOM:VVN3,300.00
VND
0.00
(0.00%)
Viet Nam Industrial Construction Corporation
UPCOM:VVN
(Unlisted Public Company Market)
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3,300.00
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- Viet Nam Industrial Construction Corporation (VINAINCON) is a Vietnam-based engineering, procurement, construction, and manufacturing enterprise primarily engaged in industrial construction, mechanical engineering, and infrastructure development. Established in 1998 and headquartered in Hanoi, Vietnam, the corporation operates as a general contractor delivering integrated solutions across industrial, civil, energy, and commercial sectors. The company operates through several core business segments, including Construction and Installation, Mechanical Manufacturing and Fabrication, Engineering Consultancy, and Commercial Trading and Real Estate. Its core products and services comprise the construction and installation of thermal, hydro, and renewable power plants; the erection of high-voltage transmission lines and transformer substations up to 500kV; general contracting for industrial manufacturing facilities, including chemical, metallurgical, mining, and cement plants; civil, commercial, and urban infrastructure construction; the design, fabrication, and assembly of heavy steel structures, pre-engineered buildings, industrial boilers, pressure vessels, non-standard mechanical equipment, and electrical distribution systems; the production of construction materials including industrial concrete and masonry products; engineering design, technical appraisal, geotechnical surveying, and project management consulting; and the commercial trading and import-export of industrial equipment, machinery, and real estate leasing. The corporation serves state-owned enterprises, industrial manufacturers, utility providers, and private commercial developers across Vietnam and neighboring Southeast Asian markets. In recent developments, Viet Nam Industrial Construction Corporation has been executing comprehensive corporate and financial restructuring initiatives aligned with state capital divestment plans directed by the Ministry of Industry and Trade. The corporation has focused on divesting non-core capital holdings and consolidating subsidiary operations to strengthen its balance sheet and enhance operational efficiency. Operationally, the company has intensified its deployment on national priority energy projects, including critical transmission packages for Vietnam's 500kV Circuit 3 power grid expansion, while strategically expanding its technical capabilities into renewable energy engineering, industrial environmental systems, and grid modernization contracts.