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VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

Active

Business ID 0104753865

+84 1800 9355 / 1800 9377 / 1800 9388

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

Active

Business ID 0104753865

+84 1800 9355 / 1800 9377 / 1800 9388

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

Active

Summary

Name:

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

Business ID (TIN):

0104753865

Date of Registration:

09 Jun 2010

Registered Office:

Ha Noi City Department of Finance

Payment History:

Click to view

Ticker:

CTR

Address:

No. 6, Pham Van Bach Street, Cau Giay Ward, Ha Noi City, Vietnam

Phone:

+84 1800 9355 / 1800 9377 / 1800 9388

Financial Statement:

2020, 2021, 2022, 2023, 2024

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION (TỔNG CÔNG TY CỔ PHẦN CÔNG TRÌNH VIETTEL): Sustained Growth from Vietnam’s Leading Infrastructure Contractor

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION, known widely as VIETTEL CONSTRUCTION, is one of Vietnam’s most prominent construction and infrastructure solution providers. Founded in 2010 and headquartered in Hanoi, the company is a joint stock entity operating under Business ID and Tax Code 0104753865. It is majority owned by Viettel Group, Vietnam’s state-run telecommunications and technology conglomerate, giving it substantial institutional backing and strategic integration into national development projects.

VIETTEL CONSTRUCTION is publicly listed on the Ho Chi Minh Stock Exchange (HOSE) under the ticker CTR, and has evolved beyond a telecom-focused contractor into a diversified national player in civil, industrial, and high-tech construction. The company’s strategic direction is set by Chairman Do Manh Hung and executed by General Director Pham Dinh Truong, supported by a workforce of over 12,700 employees nationwide.

Financial Performance: Healthy Growth Across the Board

In 2023, VIETTEL CONSTRUCTION recorded USD 464.19 million in revenue, up 19.35% from the previous year. The company’s net profit reached USD 21.19 million, marking a 13.33% increase over 2022. These gains reflect its consistent ability to scale operations and manage costs effectively.

The company’s total assets climbed to USD 284.12 million, and owner’s equity reached USD 81.67 million, both posting double-digit annual growth. Importantly, working capital stood at USD 44.3 million, a healthy indicator of short-term financial flexibility and operational resilience in a competitive market.

Operations and Business Model

VIETTEL CONSTRUCTION’s origins lie in the development and maintenance of Viettel’s telecommunications infrastructure. Today, its activities span:

Construction and operation of telecom infrastructure (BTS stations, transmission lines)
Civil and industrial construction
Mechanical and electrical (M&E) engineering
Site preparation, demolition, electrical installation, and equipment repair
Manufacturing of cement, refractory materials, and metal components

This vertically integrated model supports project control from engineering to execution, offering end-to-end infrastructure solutions that meet the needs of government and private clients alike.

The company maintains offices and branches in Hanoi and Ho Chi Minh City, enabling national coverage for large-scale deployments.

Risk Awareness and the Need for Business Intelligence

Despite its impressive growth, VIETTEL CONSTRUCTION operates in a capital-intensive, regulation-sensitive industry. Contractors of this scale are vulnerable to project delays, regulatory shifts, and payment cycles that can affect cash flow and profitability.

To navigate these risks, stakeholders—from partners and suppliers to institutional investors—should verify the company’s financial and legal status regularly. Independent sources like Vanguard Business Information (VBI) offer robust Business Verification Services and Risk Management tools, providing clarity into credit risk, solvency, ownership transparency, and operational efficiency.

Conclusion

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION stands as a key player in Vietnam’s infrastructure development, consistently delivering strong financial results and maintaining national reach. As the company continues to expand across civil, industrial, and telecom construction, reliable monitoring of its financial performance and risk exposure will be critical to ensuring informed and secure collaboration.

Legal Profile

English Name:

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

Vietnamese Name:

TỔNG CÔNG TY CỔ PHẦN CÔNG TRÌNH VIETTEL

Short Name:

VIETTEL CONSTRUCTION

Business ID (TIN):

0104753865

Date of Registration:

09 Jun 2010

Registered Office:

Ha Noi City Department of Finance

Ticker:

CTR

Ownership Status:

Invested by State-Owned Company

Operation Status:

Active

Contacts

Key Decision Makers:

+ DO M.H

+ PHAM D.T

+ NGUYEN H.D

+ NGUYEN T.H

+ DAO T.H

Address:

No. 6, Pham Van Bach Street, Cau Giay Ward, Ha Noi City, Vietnam

Phone:

+84 1800 9355 / 1800 9377 / 1800 9388

Registration Address:

No. 1, Giang Van Minh Street, Giang Vo Ward, Ha Noi City, Vietnam

Branch:

No. 161 - 163, Tran Quoc Thao Street, Nhieu Loc Ward, Ho Chi Minh City, Vietnam

Branch:

Group 9, Minh Xuan Ward, Tuyen Quang Province, Vietnam

Branch:

No. 1688, Hung Vuong Street, Nong Trang Ward, Phu Tho Province, Vietnam

Branch:

No. 18, Tran Hung Dao Street, Hoa Lu Ward, Ninh Binh Province, Vietnam

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

4,667

0.1605%

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

Payment History: Click to view

Purchase the report to access company details.

Financial Performance

Assets	-21.67%
Owner’s Equity	-98.82%
Working Capital	16.59%
Net Worth	-17.82%
Sales	27.00%
Operating income	-0.29%
EBIT	-68.76%
Gross Profit Margin	98.51%
Debt to EBITDA	14.68%

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Negative Payment Records

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Litigation Records; Negative News

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Profit and Loss Statement

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Opinion from Analysts

Specific Questions About VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

When did VIETTEL CONSTRUCTION JOINT STOCK CORPORATION start operating?

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION was started in 09 Jun 2010

What industry does VIETTEL CONSTRUCTION JOINT STOCK CORPORATION operate in?

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION is operating in "Other specialized construction activities" industry

How can I contact VIETTEL CONSTRUCTION JOINT STOCK CORPORATION?

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION phone numbers is +84 1800 9355 / 1800 9377 / 1800 9388

What adverse news is there about VIETTEL CONSTRUCTION JOINT STOCK CORPORATION?

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION’s has 1 bad news

What is stock symbol of VIETTEL CONSTRUCTION JOINT STOCK CORPORATION?

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION’s stock symbol is CTR

Where is the location of VIETTEL CONSTRUCTION JOINT STOCK CORPORATION?

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION is located at No. 6, Pham Van Bach Street, Cau Giay Ward, Ha Noi City, Vietnam

What is VIETTEL CONSTRUCTION JOINT STOCK CORPORATION’s business registration?

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION business registration is 0104753865

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VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION (TỔNG CÔNG TY CỔ PHẦN CÔNG TRÌNH VIETTEL): Sustained Growth from Vietnam’s Leading Infrastructure Contractor

Financial Performance: Healthy Growth Across the Board

Operations and Business Model

Risk Awareness and the Need for Business Intelligence

Conclusion

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VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION

VIETTEL CONSTRUCTION JOINT STOCK CORPORATION (TỔNG CÔNG TY CỔ PHẦN CÔNG TRÌNH VIETTEL): Sustained Growth from Vietnam’s Leading Infrastructure Contractor

Financial Performance: Healthy Growth Across the Board

Operations and Business Model

Risk Awareness and the Need for Business Intelligence

Conclusion

Company Profile Report

Company Standard Report

Comprehensive Report

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