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FECON CORPORATION

Active

Business ID 0101502599

84-24 / 6269 0481

FECON CORPORATION

Active

Business ID 0101502599

84-24 / 6269 0481

FECON CORPORATION

Active

Summary

Name:

FECON CORPORATION

Business ID (TIN):

0101502599

Date of Registration:

18 Jun 2004

Registered Office:

Ha Noi City Department of Finance

Ticker:

FCN

Address:

15th Floor, CEO Tower, Lot HH2-1, Me Tri Ha Urban Area, Pham Hung Street, Ha Noi City, Vietnam

Phone:

84-24 / 6269 0481

Financial Statement:

2020, 2021, 2022, 2023, 2024

FECON Corporation is one of Vietnam’s leading engineering and infrastructure construction companies, specializing in foundation engineering, underground works, and structural solutions for high rise buildings, industrial facilities, transportation systems, and irrigation projects. Founded in 2004, FECON has grown into a national contractor with strong capabilities in geotechnical engineering and specialized construction services. Supported by a workforce of 1,421 employees, the company manages complex construction packages while expanding into infrastructure investment across transportation, energy, and urban development.

Beyond its core engineering activities, FECON maintains a broad registered business portfolio including electronic component manufacturing, warehousing, IT services, office administrative support, architectural consultancy, and project management services. A particularly notable feature of FECON is its established partnership with Japan’s Raito Kogyo Co., Ltd, a globally recognized leader in geotechnical engineering, underscoring the company’s regional integration and technical advancement within the sector.

Leadership and Shareholders

The company is led by Pham V. K., Chairman, who oversees corporate governance, strategic development, and long term investment orientation.
Operational leadership is managed by Nguyen T. T., General Director, who directs day to day construction delivery, project execution, and operational coordination.
Supporting them is Nguyen Q. B., Deputy General Director, who manages technical operations and internal project oversight.

Ownership is diversified across institutional and foreign investors.
Other shareholders collectively hold 50.03 percent.
Raito Kogyo Co., Ltd of Japan owns 25.51 percent, providing technical collaboration and strategic regional linkage.
HD Capital JSC holds 14.29 percent, while Red One Infrastructure Investment Fund owns 10.16 percent.

Financial Growth and Market Risks

FECON generated USD 118.3 million in revenue during 2023. Although total assets increased more than thirteen percent and revenue declined modestly, profit turned negative due to cost pressures, project delays, and margin reduction across several operating units. Equity declined slightly but remained substantial, reflecting FECON’s established capital base within the construction sector.

The company faces risks common to infrastructure contractors, including fluctuations in construction material prices, delayed project payments, high working capital requirements, and regulatory challenges in large scale infrastructure development. As projects grow more complex, managing subcontractors, ensuring cash flow efficiency, and maintaining financial discipline become increasingly important. Investors seeking a full view of solvency, credit behavior, liquidity strength, and multi year financial trends can access complete insights through the VNBIS Company Comprehensive Report.

Business Intelligence and Risk Outlook

Vietnam’s infrastructure and energy development continues to expand, supported by national investment and rising demand for modern transportation, urban improvement, and renewable energy. FECON is positioned to benefit from these long term opportunities due to its strong technical reputation, international partnerships, and established footprint in geotechnical engineering.

Short term performance will depend on project scheduling, material cost control, and contract execution efficiency. Long term outlook will be shaped by the company’s ability to adapt to evolving construction technologies, strengthen corporate governance, and secure recurring infrastructure projects. The company’s relationship with foreign technical partners provides competitive advantages in bidding for complex foundation packages.

VNBIS Support and Business Services

Vanguard Business Information LLC (VNBIS) offers a comprehensive suite of business intelligence services to support investors, contractors, and financial institutions assessing FECON Corporation.

VNBIS services include:

Company Credit Reports evaluating solvency, liquidity, and overall financial health
Risk Management Solutions analyzing exposure to construction cycles, material price volatility, and project risk
Business Verification and Due Diligence Reports confirming ownership structure, governance standards, and regulatory compliance

For clients requiring up to date financial statements, verified corporate information, and newly investigated insights, the VNBIS Company Comprehensive Report provides the most complete and authoritative assessment available. VNBIS supports transparent, informed, and data driven business decisions.

Legal Profile

English Name:

FECON CORPORATION

Vietnamese Name:

CÔNG TY CỔ PHẦN FECON

Short Name:

FECON CORP

Business ID (TIN):

0101502599

Date of Registration:

18 Jun 2004

Registered Office:

Ha Noi City Department of Finance

Ticker:

FCN

Ownership Status:

Publicly held

Operation Status:

Active

Contacts

Key Decision Makers:

+ PHAM V.K

+ NGUYEN T.T

+ NGUYEN Q.B

+ DO M.C

+ PHAM D.H

Address:

15th Floor, CEO Tower, Lot HH2-1, Me Tri Ha Urban Area, Pham Hung Street, Ha Noi City, Vietnam

Phone:

84-24 / 6269 0481

Business Sector

Key business lines:

VSIC:

4390 Other specialized construction activities

NACE:

43.9 Other specialised construction activities

NAICS:

2389 Other Specialty Trade Contractors

Industry Sales Growth

CAGR (2019 - 2023)

5.45%

YoY (2023)

9.71%

Companies by industry

Company distribution and propportions

4,668

0.1606%

Key Industry Players

Top 10 companies in other specialized construction activities industry

phu xuan construction and consultant joint stock company fecon corporation viettel construction joint stock corporation licogi 13 joint stock company (translated name) tan thinh construction company limited phuc loc group joint stock company deo ca investment joint stock company thoi binh construct trade joint - stock company an khanh construction material joint stock company huayue construction industry company limited

Payment History

Purchase the report to access company details.

Financial Performance

Assets	-85.54%
Owner’s Equity	6.87%
Working Capital	76.87%
Net Worth	-45.91%
Sales	-21.02%
Operating income	-75.03%
EBIT	-3.76%
Gross Profit Margin	60.82%
Debt to EBITDA	-31.92%

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Negative Payment Records

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Opinion from Analysts

Specific Questions About FECON CORPORATION

When did FECON CORPORATION start operating?

FECON CORPORATION was started in 18 Jun 2004

What industry does FECON CORPORATION operate in?

FECON CORPORATION is operating in "Other specialized construction activities" industry

How can I contact FECON CORPORATION?

FECON CORPORATION phone numbers is 84-24 / 6269 0481

What adverse news is there about FECON CORPORATION?

FECON CORPORATION’s has 5 bad news

What is stock symbol of FECON CORPORATION?

FECON CORPORATION’s stock symbol is FCN

Where is the location of FECON CORPORATION?

FECON CORPORATION is located at 15th Floor, CEO Tower, Lot HH2-1, Me Tri Ha Urban Area, Pham Hung Street, Ha Noi City, Vietnam

What is FECON CORPORATION’s business registration?

FECON CORPORATION business registration is 0101502599

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Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

VNBIS Support and Business Services

Company Profile Report

Company Standard Report

Comprehensive Report

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FECON CORPORATION

FECON CORPORATION

FECON CORPORATION

Leadership and Shareholders

Financial Growth and Market Risks

Business Intelligence and Risk Outlook

VNBIS Support and Business Services

Company Profile Report

Company Standard Report

Comprehensive Report

GET IN TOUCH FOR EXCLUSIVE DEALS!

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