Vietnam Electric Cable

What Vietnam Electric Cable does

CADIVI (Vietnam Electric Cable Corporation, legal name Công ty Cổ Phần Dây Cáp Điện Việt Nam) is a Vietnamese manufacturer of electrical wires and cables, founded on October 6, 1975, and headquartered at 70-72 Nam Kỳ Khởi Nghĩa, District 1, Ho Chi Minh City. The company operates as a subsidiary of Gelex Electric JSC under the Gelex Group umbrella. CADIVI's product portfolio spans residential electrical wires (including lead-free variants), low and medium voltage power cables, fire-resistant low-smoke halogen-free cables, control cables, bare overhead conductors, specialized welding cables, solar energy cables, EV charging cables, and advanced ACCC (Aluminum Conductor Composite Core) conductors. Manufacturing is supported by R&D spending of approximately 2% of annual revenue and a quality program certified by TÜV RHEINLAND and IOTA. The company invests in green product development aligned with Vietnam's 2050 net-zero commitment and has maintained 'Hàng Việt Nam Chất Lượng Cao' (High Quality Vietnamese Goods) recognition for 30 consecutive years.

The company sells to four primary customer segments: residential/individual consumers, industrial/manufacturing facilities, energy companies (including renewable energy developers), and construction contractors/infrastructure developers. Revenue is generated exclusively through hardware sales, distributed via a nationwide authorized dealer and distributor network for retail and SMB customers, and through direct project supply for large-scale enterprise and government accounts. Notable reference customers include the HCMC Metro, Vingroup (Vinpearl), Petrovietnam, Hòa Phát Group, Samsung Vietnam, Trungnam Group (solar/wind projects), and Coteccons. The company has executed projects in Vietnam, Laos (Xekaman 3 hydropower, Lao National Assembly), Myanmar (Yangon International Airport), and Cambodia (Worldbridge Group). Pricing is quote-based and not publicly disclosed, with sales supported by a customer service hotline (1800-282828), a website, and digital e-catalogues.

CADIVI's go-to-market blends a bottom-of-funnel dealer channel (for residential/SMB volume), a direct enterprise sales motion (for major infrastructure, industrial, and energy projects), and inside-sales customer service for technical consultation and quotes. Operational digitalization includes a recently deployed Transportation Management System (TMS) for logistics efficiency, and the company employs IOTA-certified anti-counterfeiting labels on its products. Historically, CADIVI has reported a 25% average annual revenue growth rate and 30% average annual dividend payout, signaling consistent profitability, though specific revenue figures are not publicly disclosed.

Name

Vietnam Electric Cable

Legal name

Công ty Cổ Phần Dây Cáp Điện Việt Nam

Website

https://cadivi-vn.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

11–50 employees

Short description

CADIVI is a Vietnam-based, 48-year-old manufacturer of electrical wires and cables (residential, low/medium voltage, fire-resistant, solar, EV charging) serving residential, industrial, energy, and construction customers via a nationwide dealer network and direct enterprise supply as a Gelex Group subsidiary.

Ownership category

akta.pro rank

Headquarters

HQ city

Ho Chi Minh City

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Technology or R&D, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Electrical Cable and Wire Sales: CADIVI generates revenue through manufacturing and selling electrical cables and wires, including residential electrical wires, low-voltage power cables, fire-resistant cables, control cables, and specialized cables. Revenue is driven by both retail/distributor sales and large-scale infrastructure project supply contracts.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Vietnam Electric Cable Corporation (CADIVI) manufactures and distributes electrical wires and cables for residential, commercial, industrial, and infrastructure applications. Its product range includes residential electrical wires, low and medium voltage power cables, fire-resistant low-smoke halogen-free cables, control cables, bare overhead wires, specialized/welding cables, solar energy cables, electric vehicle charging cables, and ACCC aluminum conductor composite core conductors. The company sells through a nationwide dealer network and direct supply to large-scale construction, energy, and infrastructure projects.

Product overview

CADIVI (Vietnam Electric Cable Corporation) is a leading Vietnamese manufacturer of electrical wires and cables operating under Gelex Electric JSC within Gelex Group. The company offers a comprehensive portfolio of electrical cable products organized across residential, industrial, and specialty categories. The core product lineup includes residential electrical wires (with lead-free variants), low voltage power cables, medium voltage cables, control cables, and bare overhead wires. Specialty products encompass fire-resistant low voltage power cables with low-smoke halogen-free properties, specialized/welding cables, solar energy cables, and electric vehicle charging cables. The company also offers ACCC® (Aluminum Conductor Composite Core) conductors as an advanced technology product. CADIVI invests up to 2% of annual revenue in R&D to drive sustainable product innovation, with recent focus on environmentally friendly products aligned with Vietnam's net-zero emissions goal by 2050.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Electrical Wires Electrical wires for residential applications, including lead-free (LF) variants that meet environmental and safety standards. Designed for household wiring and residential construction.
• Low Voltage Power Cables Low voltage power cables for industrial and commercial electrical distribution applications.
• Medium Voltage Cables Medium voltage cables for power transmission at higher voltage levels.
• Fire-Resistant Low Voltage Power Cables Fire-resistant low voltage power cables with low smoke and halogen-free properties for enhanced safety in fire scenarios, minimizing toxic smoke emissions.
• Control Cables Control cables for industrial automation and control systems applications.
• Bare Wires Bare overhead wires for power transmission and distribution applications.
• Specialized/Welding Cables Specialized cables including welding cables for industrial applications.
• Solar Energy Cables Cables designed for solar energy systems and photovoltaic installations.
• EV Charging Cables Cables designed for electric vehicle charging applications.
• Meter Cables Cables designed for electricity meter connections and metering applications.
• ACCC Conductor (Aluminum Conductor Composite Core) Advanced composite core conductors for enhanced electrical transmission efficiency and capacity.

Quantifiable outcome

• Average annual revenue growth rate of 25% over more than 48 years of operation
• +2 more outcomes

Named customers16 records

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• TÜV RHEINLANDcoreTechnology or IntegrationInternational certification partner providing product testing and certification services for CADIVI's eco-friendly cable products including lead-free residential wires, solar energy cables, and electric vehicle charging cables. Certifications validate product quality and safety standards for international markets.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Prysmian Group: Global cable industry leader in energy and telecom cabling, including power transmission, submarine, and specialty cables. Comparable to CADIVI's high-end LV/MV and specialty offerings; competing on large infrastructure projects across Asia.
• Furukawa Electric: Japanese manufacturer of power, telecommunications, and specialty cables including ACCC-style conductors. Overlaps with CADIVI's advanced conductor and power cable offering; competes globally on premium specifications.
• LS Cable & System: Korea's largest cable manufacturer with full-spectrum power, communication, and specialty cable portfolio. Comparable to CADIVI's end markets and product breadth; significantly larger and more R&D-intensive.
• Leoni AG: European specialist in cables and wiring systems for automotive, industrial, and infrastructure applications. Comparable in low-voltage and specialty cable capabilities; much broader international footprint than CADIVI.
• Nexans: French global cable manufacturer serving power, data, and telecommunications markets. Comparable in product mix (LV/MV cables, fire-resistant, renewable energy cables) and competing on Southeast Asian infrastructure tenders.
• Taihan Electric Wire Co. South Korean cable manufacturer with global footprint in LV/MV power, submarine, and specialty cables. Comparable to CADIVI's medium voltage and specialty offering but at much larger scale; an emerging threat in Southeast Asia.
• Sumitomo Electric Industries: Japanese diversified manufacturer with a major wire and cable business in power transmission and distribution. Comparable technology depth and product breadth to CADIVI, but with global scale and substantially higher R&D intensity.

Direct peers

• Trần Phú Electric Mechanical JSC: Long-established Vietnamese manufacturer of electrical wires and cables serving residential, commercial, and industrial markets. Competes head-to-head with CADIVI in dealer networks and construction project supply across Vietnam.
• LS Cable & System Vietnam (LS-VINA): Vietnamese manufacturing joint venture of Korea's LS Cable & System, producing power and communication cables locally. Directly competes on infrastructure and utility tenders with CADIVI and brings global-spec technology.
• Thipha Cable Corporation: Vietnamese manufacturer of electrical wires and power cables with overlapping product portfolio in residential wires, LV/MV power cables, and industrial cables. Directly competes with CADIVI across domestic dealer channels and project tenders.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vietnam Electric Cable