RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN ĐẦU TƯ XÂY DỰNG RICONS), known simply as RICONS, is one of Vietnam’s most active and dynamic construction enterprises. Established on October 27, 2004, and operating under Business Registration Number 0303527596, RICONS has built a reputation for delivering high-quality civil and industrial construction projects across the country. The company is legally registered with the Ho Chi Minh City Department of Planning and Investment and has sustained over 20 years of operational excellence.

With its headquarters located at No. 96, Phan Dang Luu Street, Ward 5, Phu Nhuan District, Ho Chi Minh City, and additional offices in Hanoi and Dong Nai, RICONS has demonstrated its national reach and logistical depth. Operating as a publicly held joint stock company, RICONS is traded on the OTC market under the symbol RICONS, signaling transparency and investment potential for stakeholders.

RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY focuses primarily on the construction of civil engineering works, while also participating in the sale of building materials, investment in properties, and rental of construction equipment. The company’s registered business scope includes electrical installations, machinery manufacturing and repair, waste management, metal processing, and construction of specialized infrastructure such as telecommunications and hydraulic systems. This diversified portfolio underlines RICONS's strategic approach to growth and long-term resilience.

At the heart of RICONS’s leadership is Chairman Mr. Nguyen Sy Cong, supported by General Director Mr. Tran Quang Quan and Managing Director Mr. Nguyen Thanh Tam. All three are Vietnamese nationals, ensuring strong local insight while upholding professional standards. With a workforce of 850 employees, the company has been able to execute large-scale projects with precision and agility.

Financially, RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY reported impressive figures in 2024, achieving USD 329.14 million in total sales, a 5.77% increase over the previous year. Profit reached USD 6.53 million, a remarkable 91.99% year-on-year growth, while owner’s equity rose to USD 106.54 million. Although total assets slightly declined to USD 280.79 million, the company maintained a healthy working capital of USD 67.57 million and a solid net worth of USD 102.31 million, indicating robust financial health and liquidity.

Shareholder data reveals that COTECCONS CONSTRUCTION JOINT STOCK COMPANY holds a 14.43% stake in RICONS, while various foreign institutional investors, including entities from the British Virgin Islands and the Cayman Islands, account for over 10% of total ownership. The remaining shares are predominantly held by domestic investors, indicating a balanced investment structure with international appeal.

As one of Vietnam’s leading construction companies, RICONS CONSTRUCTION INVESTMENT JOINT STOCK COMPANY is not only a key contributor to national infrastructure but also a trusted partner in commercial, residential, and industrial projects. However, as the Vietnamese construction and investment environment becomes more complex and competitive, businesses, investors, and financial institutions increasingly rely on trusted sources for risk assessment and verification.

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