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VIETNAM EXPRESSWAY CORPORATION
Active
Business ID 0101573511
84-24 / 36430275 / 74 / 66
Risk Score
VIETNAM EXPRESSWAY CORPORATION
Active
Business ID 0101573511
84-24 / 36430275 / 74 / 66
Risk Score
VIETNAM EXPRESSWAY CORPORATION
Active
Summary
VIETNAM EXPRESSWAY CORPORATION
0101573511
07 Jul 2010
Ha Noi Department of Planning and Investment
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
84-24 / 36430275 / 74 / 66
(84-24) 36430270
2019, 2020, 2021, 2022, 2023

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 LLCVEC 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.

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Contacts

+ PHAM H.Q

+ NGUYEN Q.B

+ NGUYEN V.N

+ NGUYEN T.C

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
84-24 / 36430275 / 74 / 66
(84-24) 36430270
Business Sector
Industry Sales Growth
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409

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0.0141%

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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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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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