Introduction

Company Name
VIETNAM ELECTRICITY CONSTRUCTION JOINT-STOCK CORPORATION

English Name
VIETNAM ELECTRICITY CONSTRUCTION JOINT-STOCK CORPORATION

Abbreviations VNECO

Address
344 Phan Châu Trinh, Bình Thuận Ward
Hải Châu District, Đà Nẵng City

Phone : + 84 236 356 2361

Fax: + 84 236 356 2367

Website: www.vneco.com.vn

Business No :
No 3203000819 issued by Planning and Investment Department of Da Nang city on December 1, 2005, the business registration changed on December 17 2015 on the 7th time, So, the Corporation operates under the Business Registration Certificate. and Tax Registration No. 0400101450 issued by Da Nang Planning and Investment Department

Authorized capital : 823.575.050.000 VND

Equity : 945.516.002.797 VND

Stock Symbol : VNE

Lĩnh vực hoạt động chính : 

POWER CONSTRUCTION CONTRACTOR

  • Construction of Aerial Electric Wire Up to 500kv
  • Construction and installation of substations up to 500kv
  • Underground cable construction
  • General contractor for construction of wind power plant

EQUIPMENT SUPPLY

  • Sản phẩm cao thế
  • Construction and installation of substations up to 500kv
  • Underground cable construction
  • General contractor for construction of wind power plant 

INDUSTRIAL PRODUCTION

  • Producing electric poles, mechanical processing – hot-dip galvanizing, steel structures, prefabricated building frames
  • Producing centrifugal concrete electric poles and all kinds of centrifugal concrete products 

POWER INVESTMENT

  • Power plant construction
  • Construction and installation of substations up to 500kv 

Consulting Services

  • Electrical system consultant

  • Consulting on construction of Aerial electric wire and substations

Our History

1988-1991

On February 22, 1988, Electrical Construction Company 3 was established under Decision No. 174 NL/TCCB of the Minister of Energy Department (now the Ministry of Industrial Department ) on the basis of merging two companies, namely Wire Construction Company and Station 3 and Wire Construction Company and Station 5.

In 1991, our company was honorably awarded the Second-class Labor Medal by the party and government for outstanding achievements in upgrading and building the Thanh Hoa - Quang Nam - Da Nang power transmission line (1987-1990).

1994-1997

Electrical Construction Company 3 is an independent accounting company under the Vietnam Electricity Corporation (now Vietnam Electricity).

Completed 531 km of North-South 500kV transmission electric line

Completed 40 km of 500kV Yaly – Pleiku transmission line

In 1994, the Party and Government honorably awarded the Second-class Independence Medal for outstanding achievements in building the North-South 500KV power transmission system.

1998

Vietnam Industrial Construction Corporation was established under Decision 90 TTG of the Prime Minister and Electrical Construction Company 3 is a member company of Vietnam Industrial Construction Corporation. The charter capital of the Corporation at that time was: 8,377 billion VND.

In 1998, our company was awarded the Third Class Independence Medal by the Party and Government for outstanding achievements in his work from 1993 to 1997, contributing to the cause of building socialism and defending the Fatherland .

2001

The Project of manufacturing and hot-dip galvanizing steel structures and steel columns Factory invested by the Company in Da Nang with a capacity of 10,000 tons per year had com e into operation

2002

Electrical Construction Company 3 was reorganized into a Government Parent Company of Industrial Department, piloting its operation under the model of Parent Company - Subsidiary under the Prime Minister's Decision No. September 30, 2002 and Decision No. 46/2002/QD-BCN of the Minister of Industry and Trade Department

Increasing charter capital to 74,780 billion VND and promoting following activities at the same time : construction and installation of electricity, construction of civil and industrial works, industrial production (steel poles, construction materials...), tourism development investment service schedule and investing in Hot dipped galvanized steel structure factory projects

Concentrating on reorganize affiliated units into subsidiary companies include Joint Stock Company and One Member Limited Company and converting one Member Limited Liability Company into Joint Stock Company at the same time.

2004

The investor of the project for Processing, manufacturing and hot-dip galvanizing factory, steel structure and steel columns in Ho Chi Minh City with a capacity of 15,000 tons/year; investor of Nha Trang Green Hotel project with 3-star standard; The investor of Nghe An Green Hotel project with 3-star standard; At the same time, renovating steel factories in Quy Nhon and Vinh into operation, raising the processing capacity of the Corporation to 35,000 tons/year.

Completed 488,582km of 6 500kV transmission lines Phu My – Nha Be – Phu Lam, Pleiku – Phu Lam, Pleiku – Doc Soi – Da Nang, Da Nang – Ha Tinh, Ha Tinh – Thuong Tin, Nha Be – O Mon.

2005

Vietnam Electricity Construction Joint Stock Company was established under Decision No. 3309/QD-BCN dated October 11, 2005 of the Minister of Industry on approving the plan and transferring Power Construction Company 3 (Government parent company) into Vietnam Electricity Construction Joint Stock Corporation.

Boosting investment activities in hydropower plants (Khe Dien, EaKrong Hnang, Dacpring, Chaval...), infrastructure business projects, housing business, real estate business and investing in tourism and service development; expanding and developing the construction and installation field of power grid systems, civil and industrial construction , industrial production (steel poles, construction materials...).

2007

The Company increased its capital from 150 billion dong to 320 billion dong in February 2007 and listed on the Ho Chi Minh Stock Exchange in August 2007 with a total number of listed shares are 32 million.

4 stars Green Hotel in Hue came into operation.

2008 – 2009

As an investor, The company implemented investment in service & tourism projects.

Completion of a 4-star luxury hotel project in Da Nang.

2010

In 4th quarter of 2010, the Corporation increased its charter capital from 320 billion VND to 637 billion VND.

On October 27, 2010, additional listing of 31,721,061 shares.

2015 

On March 18, 2015, the State Capital Investment Corporation (SCIC) completed the transfer for the whole 18.9 million VNE shares of Vietnam Electricity Construction Corporation, earning 255 billion VND. The above shares - equivalent to 30% of VNECO's shares - were transferred to Khai Toan Joint Stock Company (KTG) (17.17% shares) and Ms. Dinh Thi Bich Phuong (12.55%).

On May 25, 2015, the shareholders meeting of Vietnam Electricity Corporation, the General Meeting of Shareholders elected a Board of Directors consisting of 7 members: The Board of Directors appointed Mr. Dang Trong Ngon - Chairman of the Board of Directors and General Director of Khai Toan company (hereinafter referred to as KTG) to the position of Chairman of the Board, from 2015 to 2020. Along with this decision, the Resolution of the General Meeting of Shareholders approved the list of the Board of Directors and the Supervisory Board. Review as well as business plan for 2015 and the following years of VNECO.

Implementing the policy of increasing charter capital approved at the 2015 General Meeting of Shareholders, the Corporation has successfully issued 18,636,642 shares to pay dividends and issue to existing shareholders, increasing the Corporation's charter capital. from 637,210,610,000 VND to 823,575,050,000 VND

Implementing the policy of reorganizing and restructuring industries as well as rearranging member units, the Corporation has successfully completed divestment at member units: VNECO5, VNECO6, VNECO11, VNECO Construction and Consulting Company, Nghe An Green Tourism Joint Stock Company

Coordinating with Fuji Electric Japan to organize a seminar to introduce about transformers and Gis Station.

Signing a strategic cooperation agreement between VNECO and Fuji Electric Japan in August 2015.

Signing a memorandum of cooperation, becoming Ankura's strategic partner on submarine cables in Vietnam.

Years In Operation

Completed Projects

OUR ACHIEVEMENTS

Second Class Independence Medal

Third Class Independence Medal

First Class Labor Medal

Second Class Labor Medal

Third Class Labor Medal

OUR QUALITY POLICY

Improve product quality, minimize waste, ensure project handover schedule and construction safety

Focusing on training and fostering to improve management and professional skills for staff.

Regularly research and effectively apply scientific and technical advances to the Corporation's production and business practices.

VNECO leadership commits that this quality policy is considered as a measure of quality and service for customers and is disseminated to the Departments and Departments to establish the Corporation's quality goals. 

Vision – Mission – Values

Vision

VNECO wishes to become a leading corporation in the fields of engineering, construction and installation, supply of package equipment, technology transfer and investment in power sources projects, grid systems for the electricity industry. and infrastructure in Vietnam.

Sứ mệnh

  • Developing Vietnam's electricity industry.
  • Bringing electricity to all parts of the country.
  • Developing green energy. 
  • Contributing to national economic development.
  • Bringing opportunities for personal development, fully taking care of the spiritual and material life for employees.
  • Enhance shareholder value.

Value

Cultural values of all VNECO employees

  • Innovation: The spirit of learning, always improving to boost work efficiency.
  • Teammates : Team spirit, sharing, cooperation, synergy towards the common goal.
  • Dedication: The spirit of self-expression, contributing for society and the community through work.

Cultural values of management level

  • Ambition: Always have a goal and act with passion.
  • Integrity: The foundation for righteous decision making, not for personal purpose.
  • Intellect - Trust: Intelligence, insight, foresight, decisiveness and respect for prestige.

LEADER BOARD

Mr NGUYỄN ANH TUẤN

Chairman of the board

Mr TRẦN QUANG CẦN

CEO

Member of Management Council

Mr NGUYỄN TỊNH

Member of Management Council

Deputy General Manager

Mr ĐÀO NGỌC QUỲNH

Member of Management Council

Mr TRẦN VĂN HUY

Deputy General Manager

Mr LÊ VĂN KHÔI

Deputy General Manager

Mr PHẠM HỮU MINH HUY

Deputy General Manager

Mr PHẠM ĐỖ MINH TRIẾT

Chief accountant

ORGANIZATIONAL CHART

The Corporation is operated in the form of a joint stock company under the provisions of the Enterprise Law and the Corporation's charter. 

MEMBER UNITS

BUSINESS PARTNERS