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SOL E&C INVESTMENT CONSTRUCTION JOINT STOCK COMPANY

Active

Business ID 0313541575

84-28 / 3820 3555

SOL E&C INVESTMENT CONSTRUCTION JOINT STOCK COMPANY

Active

Business ID 0313541575

84-28 / 3820 3555

SOL E&C INVESTMENT CONSTRUCTION JOINT STOCK COMPANY

Active

Summary

Name:

SOL E&C INVESTMENT CONSTRUCTION JOINT STOCK COMPANY

Business ID (TIN):

0313541575

Date of Registration:

19 Nov 2015

Registered Office:

Ho Chi Minh City Department of Finance

Address:

No. 96, Phan Dang Luu Street, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3820 3555

Financial Statement:

2020, 2021, 2022, 2023, 2024

SOL E&C INVESTMENT CONSTRUCTION JOINT STOCK COMPANY (CÔNG TY CỔ PHẦN ĐẦU TƯ XÂY DỰNG SOL E&C) is a prominent Vietnamese construction contractor with a growing reputation for delivering large-scale projects across Vietnam. With over nine years in operation, SOL E&C has evolved into a trusted name in civil engineering and infrastructure development.

Legal Status and Corporate Identity

SOL E&C is a joint stock company registered under Business ID and Tax Code: 0313541575, with its head office at No. 96, Phan Dang Luu Street, Ward 05, Phu Nhuan District, Ho Chi Minh City, Vietnam. The company is privately held and was officially incorporated on November 19, 2015, with its registration managed by the Ho Chi Minh City Department of Planning and Investment.

SOL E&C operates branches in Dong Nai (Nhon Trach Textile and Garment Industrial Park) and maintains a representative office in Hanoi at the Embassy Garden Urban Area, reflecting its strategic geographical reach.

Executive Leadership

At the helm of SOL E&C is Mr. Ngo Thanh Phong, who serves as Chairman and holds an 11.48% ownership stake. The executive team includes Mr. Le Chi Trung as General Director and Mr. Nguyen Ba Duong, a key figure in the company’s strategic planning. Together, they lead a workforce of 550 employees, fostering a balance between technical expertise and executional discipline.

Business Activities

SOL E&C functions as a general construction contractor providing end-to-end solutions, including design, construction, and MEP services (Mechanical, Electrical, and Plumbing). Its core business line is building houses not to stay, a segment that encompasses high-rise buildings, commercial complexes, and urban infrastructure.

In addition to construction services, the company is registered to engage in the manufacture of concrete, metal products, structural steel, wastewater treatment, machinery repair, and materials recovery—positioning itself as an integrated player in Vietnam’s infrastructure supply chain.

Financial Performance and Growth Trajectory

As of the fiscal year ending December 31, 2023, SOL E&C recorded:

Total assets of USD 99.95 million
Total sales of USD 172.11 million
Net profit of USD 2.15 million
Owner’s equity of USD 19.43 million
Working capital of USD 9.17 million

Despite a slight decline in sales and profit compared to 2022, SOL E&C maintained strong equity growth, up 12.42%, and demonstrated a steady balance sheet expansion of 36.37% in total assets. This performance illustrates operational efficiency and strategic capital management during a challenging year for the construction sector.

Shareholding Structure

SOL E&C has a well-diversified shareholder base. The largest shareholders—Nguyen Quang Thuy, Huynh Nhat Minh Chau, and Nguyen Minh Quan—each hold 24.59% of shares. Chairman Ngo Thanh Phong and investor Tran Van Tien each hold 11.48%, with remaining shares owned by other minority stakeholders.

Due Diligence and Risk Assessment

For businesses, contractors, or investors looking to collaborate with SOL E&C, conducting a full company verification is essential. VANGUARD BUSINESS INFORMATION LLC (VBI) provides comprehensive services such as:

Business Verification Services
Vietnam Company Reports
Private Financial Data Reviews
Litigation Checks
Risk Management Services

These services ensure that partners have access to accurate, up-to-date data before making strategic decisions or entering into contractual engagements.

Conclusion

SOL E&C INVESTMENT CONSTRUCTION JOINT STOCK COMPANY is a resilient and fast-expanding player in Vietnam’s construction industry. With solid leadership, diversified services, and strong financial footing, the company is well-positioned to support Vietnam’s rapid urbanization and infrastructure goals. For clients, investors, and industry stakeholders, SOL E&C represents both opportunity and value—but as always, due diligence is the first step toward building confidence and minimizing risk.

For more verified company insights, visit VANGUARD BUSINESS INFORMATION LLC (VBI) and request a detailed company report.

Legal Profile

English Name:

SOL E&C INVESTMENT CONSTRUCTION JOINT STOCK COMPANY

Vietnamese Name:

CÔNG TY CỔ PHẦN ĐẦU TƯ XÂY DỰNG SOL E&C

Short Name:

SOL E&C

Business ID (TIN):

0313541575

Date of Registration:

19 Nov 2015

Registered Office:

Ho Chi Minh City Department of Finance

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ NGO T.P

+ LE C.T

Address:

No. 96, Phan Dang Luu Street, Ho Chi Minh City, Vietnam

Phone:

84-28 / 3820 3555

Branch:

Nhon Trach Textile and Garment Industrial Park, Dong Nai Province, Vietnam

Representative office:

Suite No. LKC29, Embassy Garden Urban Area, Hoang Minh Thao Street, Ha Noi City, Vietnam

Business Sector

Key business lines:

VSIC:

4102 Building houses not to stay

Industry Sales Growth

CAGR (2019 - 2023)

7.81%

YoY (2023)

5.18%

Companies by industry

Company distribution and propportions

8,478

0.2916%

Key Industry Players

Top 10 companies in building houses not to stay industry

vinata international co., ltd obayashi vietnam corporation construction and investment joint stock company no 18.3 delta construction group company limited sol e&c investment construction joint stock company hop luc construction joint stock company jianxing vietnam construction development company limited fujita corporation vietnam zyf viet nam construction company limited zyf vietnam construction company limited - quang ninh branch

Payment History

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Financial Performance

Assets	97.52%
Owner’s Equity	-99.58%
Working Capital	88.98%
Net Worth	-14.17%
Sales	-76.24%
Operating income	-70.88%
EBIT	-97.36%
Gross Profit Margin	-31.40%
Debt to EBITDA	-32.20%

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Owner's Equity

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Management and Directors

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Negative Payment Records

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Litigation Records; Negative News

Financial Ratios

Balance Sheet

Profit and Loss Statement

Cash Flow Statement

Opinion from Analysts

Specific Questions About SOL E&C INVESTMENT CONSTRUCTION JOINT STOCK COMPANY

When did SOL E&C INVESTMENT CONSTRUCTION JSC start operating?

SOL E&C INVESTMENT CONSTRUCTION JSC was started in 19 Nov 2015

What industry does SOL E&C INVESTMENT CONSTRUCTION JSC operate in?

SOL E&C INVESTMENT CONSTRUCTION JSC is operating in "Building houses not to stay" industry

How can I contact SOL E&C INVESTMENT CONSTRUCTION JSC?

SOL E&C INVESTMENT CONSTRUCTION JSC phone numbers is 84-28 / 3820 3555

What adverse news is there about SOL E&C INVESTMENT CONSTRUCTION JSC?

SOL E&C INVESTMENT CONSTRUCTION JSC’s has no negative news

What is stock symbol of SOL E&C INVESTMENT CONSTRUCTION JSC?

SOL E&C INVESTMENT CONSTRUCTION JSC is not listed company

Where is the location of SOL E&C INVESTMENT CONSTRUCTION JSC?

SOL E&C INVESTMENT CONSTRUCTION JSC is located at No. 96, Phan Dang Luu Street, Ho Chi Minh City, Vietnam

What is SOL E&C INVESTMENT CONSTRUCTION JSC’s business registration?

SOL E&C INVESTMENT CONSTRUCTION JSC business registration is 0313541575

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SOL E&C INVESTMENT CONSTRUCTION JOINT STOCK COMPANY