
Vinaconex Construction Consultancy Joint Stock Company, formerly known as the Design Consultancy Center under Vietnam Construction Import-Export Corporation - Vinaconex, was established in 1997. In 2004, the company moved to operate under the model of a joint-stock company with an initial charter capital of VND 3 billion. The company has raised capital once through an offering to more than 100 investors at a price of 12,000 VND/share, increasing capital to 11 billion VND. The main business of the company is consulting in the field of construction. The design of hydropower projects and technical infrastructure works is a traditional product and a strength of the company. Many large projects have been implemented by the company such as Ngoi Phat hydropower (57 MW), Nam Chim I hydropower (16 MW),... irrigation works such as Ba Be canal project, Cai Gia tourist urban area, Cua Dai irrigation lake... Currently, the company has expanded its cooperation with foreign partners such as the US, Germany, Spain, Japan, and South Korea to deploy large-scale projects with high technical requirements.
VCT currently has a market capitalization of roughly VND 9 billion, placing it in the small-cap group on the Vietnamese stock market. Its current P/E of 26,9x is 7% below its own 3-year average (28,8x), suggesting the stock is trading cheaper than its historical norm. In 2025, revenue fell 83% year-on-year while after-tax profit fell 487%.
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Unit: VND billion. Growth (%) vs. previous period.
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Unit: VND billion. Year-end values; current year uses latest session.
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