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VIETNAM EXPRESSWAY CORPORATION

Active

Business ID 0101573511

84-24 / 36430275 / 74 / 66

VIETNAM EXPRESSWAY CORPORATION

Active

Business ID 0101573511

84-24 / 36430275 / 74 / 66

VIETNAM EXPRESSWAY CORPORATION

Active

Summary

Name:

VIETNAM EXPRESSWAY CORPORATION

Business ID (TIN):

0101573511

Date of Registration:

07 Jul 2010

Registered Office:

Ha Noi Department of Planning and Investment

Address:

Floor 2,3,4,5 Tower A, CENTRAL POINT Building - No. 219 Trung Kinh Street, Yen Hoa Ward, Cau Giay District, Ha Noi City, Vietnam

Phone:

84-24 / 36430275 / 74 / 66

Fax:

(84-24) 36430270

Financial Statement:

2020, 2021, 2022, 2023, 2024

VIETNAM EXPRESSWAY CORPORATION (TỔNG CÔNG TY ĐẦU TƯ PHÁT TRIỂN ĐƯỜNG CAO TỐC VIỆT NAM), commonly known as VEC, is a state-owned enterprise with a vital role in Vietnam’s infrastructure development. Formed as a one-member limited liability company on July 7, 2010, and registered under tax code 0101573511, the corporation is fully owned by the Ministry of Transport of Vietnam. Its headquarters is located at Floors 2–5, Tower A, CENTRAL POINT Building, No. 219 Trung Kinh Street, Yen Hoa Ward, Cau Giay District, Ha Noi City, Vietnam.

The corporation is managed by PHAM H.Q, serving as General Director, with deputies NGUYEN T.C and NGUYEN Q.B supporting executive functions. With around 100 employees, the company's operations span investment and construction of expressways, infrastructure projects, and auxiliary services such as highway service stations, restaurants, and technical consulting.

According to verified Company Financial Data from VANGUARD BUSINESS INFORMATION LLC, VEC reported total assets of USD 3.73 billion in 2023, down slightly by 1.25% compared to the previous year. However, equity surged 201.32%, reaching USD 1.61 billion, largely due to capital restructuring or revaluation. While sales increased to USD 196.63 million, showing 15.82% year-over-year growth, net profit declined sharply by 62.14%, falling to USD 25.17 million. This highlights a critical point in risk management, as revenue growth was not matched by consistent profitability.

The company's working capital position is positive at USD 262.57 million, suggesting healthy short-term liquidity. Still, given the scale of capital involved, stakeholders should apply careful due diligence, particularly as the enterprise undergoes ongoing legal adjustments to its business registration profile.

As a 100% government-owned corporation, VIETNAM EXPRESSWAY CORPORATION holds significant strategic importance. However, the volatility in profitability—even with a massive infrastructure footprint—raises concerns regarding operational efficiency, cost management, and return on investment.

Through its comprehensive Company Report services, VANGUARD BUSINESS INFORMATION LLC helps investors, contractors, and institutional stakeholders assess both the potential and risks of engaging with VEC. These reports include insights into financial trends, capital structure, ownership control, and governance transparency—critical elements when working with a key infrastructure operator.

In conclusion, VIETNAM EXPRESSWAY CORPORATION remains a cornerstone of Vietnam’s highway network development. But for informed decisions, especially involving long-term contracts or investment partnerships, professional Company Financial Data analysis and ongoing risk assessments from VBI are essential.

Legal Profile

English Name:

VIETNAM EXPRESSWAY CORPORATION

Vietnamese Name:

TỔNG CÔNG TY ĐẦU TƯ PHÁT TRIỂN ĐƯỜNG CAO TỐC VIỆT NAM - CÔNG TY TNHH MỘT THÀNH VIÊN

Short Name:

VEC

Business ID (TIN):

0101573511

Date of Registration:

07 Jul 2010

Registered Office:

Ha Noi Department of Planning and Investment

Ownership Status:

Privately held

Operation Status:

Active

Contacts

Key Decision Makers:

+ PHAM H.Q

+ NGUYEN Q.B

+ NGUYEN V.N

+ NGUYEN T.C

Address:

Floor 2,3,4,5 Tower A, CENTRAL POINT Building - No. 219 Trung Kinh Street, Yen Hoa Ward, Cau Giay District, Ha Noi City, Vietnam

Phone:

84-24 / 36430275 / 74 / 66

Fax:

(84-24) 36430270

Business Sector

Key business lines:

VSIC:

4210 Construction of roads

Industry Sales Growth

CAGR (2019 - 2023)

YoY (2023)

Companies by industry

Company distribution and propportions

408

0.0140%

Key Industry Players

Top 10 companies in construction of roads industry

vietnam expressway corporation thanh hung investment and construction company limited 610 civil engineering construction joint stock company road construction no. 1 ha tinh joint stock company (translated name) thang long mechanical and construction joint stock company tran tran company limited dong bac one member limited liability company nhật minh company limited. (translated name) tien tien general construction company limited (translated name) branch of truong thinh group joint stock company in quang tri province

Payment History

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Financial Performance

Assets	-91.69%
Owner’s Equity	61.60%
Working Capital	10.81%
Net Worth	42.48%
Sales	5.74%
Operating income	66.51%
EBIT	95.15%
Gross Profit Margin	78.08%
Debt to EBITDA	94.33%

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Negative Payment Records

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Litigation Records; Negative News

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Opinion from Analysts

Specific Questions About VIETNAM EXPRESSWAY CORPORATION

When did VIETNAM EXPRESSWAY CORPORATION start operating?

VIETNAM EXPRESSWAY CORPORATION was started in 07 Jul 2010

What industry does VIETNAM EXPRESSWAY CORPORATION operate in?

VIETNAM EXPRESSWAY CORPORATION is operating in "Construction of roads" industry

How can I contact VIETNAM EXPRESSWAY CORPORATION?

VIETNAM EXPRESSWAY CORPORATION phone numbers is 84-24 / 36430275 / 74 / 66

What adverse news is there about VIETNAM EXPRESSWAY CORPORATION?

VIETNAM EXPRESSWAY CORPORATION’s has 1 bad news

What is stock symbol of VIETNAM EXPRESSWAY CORPORATION?

VIETNAM EXPRESSWAY CORPORATION is not listed company

Where is the location of VIETNAM EXPRESSWAY CORPORATION?

VIETNAM EXPRESSWAY CORPORATION is located at Floor 2,3,4,5 Tower A, CENTRAL POINT Building - No. 219 Trung Kinh Street, Yen Hoa Ward, Cau Giay District, Ha Noi City, Vietnam

What is VIETNAM EXPRESSWAY CORPORATION’s business registration?

VIETNAM EXPRESSWAY CORPORATION business registration is 0101573511

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