Timeline of Establishment & Development:
- According to the Government's planning, by 2020, the expressway network in Vietnam with a total length of about 2,700 km, including the North - South expressway axis, the radial expressway system in the Northern, Central and Southern regions, will become the backbone of the national transportation system and closely linked with industrial and urban infrastructure nationwide. In order to achieve the set goals, Vietnam Expressway Development Investment Corporation (VEC) was allowed by the Prime Minister to establish on October 6, 2004 with the main functions of investing, constructing, exploiting, managing and maintaining the national highway system.
- Based on the task of exploiting and trading services along the expressway assigned by the Government in Decision No. 1202/QD-TTg dated September 10, 2007, with the policy of diversifying investment capital sources, promoting socialization to quickly return investment capital on the expressway, on March 7, 2008, Vietnam Expressway Services Joint Stock Company (VECS) was officially established with the number Actual contributed charter capital is 114 billion VND, of which shareholders contributing capital to establish the Company include VEC and reputable and experienced founding shareholders such as Vietnam Petroleum Corporation (Petrolimex), Vina Private Investment Company Limited (VP Capital), Viet Capital Securities Joint Stock Company. These are the foundations that create strong financial capacity for VECS in a competitive environment.
- Since its establishment, VECS has been doing business in main areas such as: direct support services for road transport (organizing operations management, maintenance, vehicle load control and toll collection on highways); trading in gasoline, petroleum products and vehicle maintenance stations; Restaurant and hotel business; Business of tourism, entertainment, supermarket services; Advertising business; Exploiting telecommunication information services, warehousing...; Trading, manufacturing, importing and exporting supplies, equipment and construction materials; Real estate business, urban areas, industrial parks. VECS aims to provide and diversify types of support services for investment and development of national expressways, best meeting the different needs of expressway users.
- On April 2, 2018, the Company was approved by the State Securities Commission (SSC) for public company registration according to Official Dispatch No. 1962/UBCK-GSĐC of the State Securities Commission.
- On June 22, 2018, the Company was granted Securities Registration Certificate No. 48/2018/GCNCP-VSD by the Vietnam Securities Depository Center (VSD) with a total number of registered shares of 8,937,250 shares.
- Construction of civil and industrial works;
- Wholesale and retail of souvenirs;
- Warehouse services;
- Advertising services;
- Service business to serve tourists;
- Telecommunications services (as prescribed by law);
- Tour tour operator
- Restaurant business;
- Real estate business, land use rights belonging to the owner, user or tenant;
- Construction of railway and road works
- ...
Address: 5th Floor, Mitec Building, Lot E2, Cau Giay New Urban Area, Yen Hoa Ward, Cau Giay District, Hanoi
Phone: 0243.7679541 Fax: 0243.7671616
Disclosure Officer: Mr. Bui Thai Hoa - Chairman of the Board of Directors
Email: [email protected]
Website: http://vecs.com.vn/vi/