What Hanel does

Hanel (Công ty cổ phần Hanel) is a Vietnamese diversified technology conglomerate headquartered in Hanoi with a combined workforce of approximately 13,000 across Hanel JSC and member companies. The company operates five business areas: Technology (e-government platforms, intelligent transportation, environmental monitoring, cybersecurity, telecommunications, data center, BPO services), Industrial Zone and IT Park Infrastructure (Sai Dong B Industrial Zone — Vietnam's first, established 1993; Hanoi Software Technology Park — 43.45 hectares), Real Estate, Logistics (ICD Hanoi inland port — 47.2 hectares, 380,000-760,000 TEU capacity), and Supporting Industry Manufacturing (Sumi-Hanel joint venture with Sumitomo Wiring Systems producing automotive wiring harnesses for Toyota and Honda Vietnam; Hanel Plastics producing EPS, injection-molded and vacuum-formed plastics).

The technology division is organized as a platform-plus-modules portfolio, with proprietary platforms including the Open Egov Platform (OEP) — an open-source e-government stack integrating Liferay, Alfresco, Pentaho, and JBoss — deployed across Hanoi, Da Nang, Ministry of Justice, Ministry of Transport, and Ministry of Health; the Smart Traffic on Digital Map Platform processing data from 1.76 million vehicles and 2 billion messages daily across all 63 provinces (National Brand 2022-2024); the Environmental Monitoring Ecosystem managing over 2,100 automated stations for the Pollution Control Department; the TRANSMART Intelligent Transportation Platform; the UNIGATE One-Stop Electronic Government Platform; and a CREST UL-standard Security Operations Center. The enterprise software layer spans Multi-Channel CRM, Global Human Capital Management, Agile POS Suite, OpenERP implementation, logistics management, and BPO services including banking BPO, recruitment process outsourcing, and accounting.

Hanel generates revenue through a hybrid model: subscription-recurring IT and data center services, hardware sales from plastics and electronics manufacturing, professional services including BPO, and direct enterprise/government sales via procurement tenders across all 63 provinces. The company conducts annual shareholder meetings and publishes financial reports consistent with its joint-stock company (công ty cổ phần) structure. Key leadership includes Chairwoman Bùi Thị Hải Yến (also Vice President of VAWE and VLA) and CEO Nguyễn Văn Hiệu; the company announced a leadership transition in February 2025.

Name

Hanel

Legal name

Công ty cổ phần Hanel

Website

https://hanel.com.vn

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Hanel is a Vietnamese diversified technology conglomerate serving government agencies and enterprises with proprietary e-government platforms, intelligent transportation systems, environmental monitoring, and supporting industry manufacturing including automotive wiring harnesses via Sumi-Hanel joint venture.

Ownership category

akta.pro rank

Product category

Enterprise IT Solutions & Conglomerate Services

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518), Computer and Peripheral Equipment Manufacturing (33411), Warehousing and Storage (493)

SIC

Services-Computer Integrated Systems Design (7373), Electronic Computers (3571), Special Industry Machinery, Nec (3559)

akta.pro primary industry

Enterprise Architecture & Technology Roadmapping (BPAEAAAC)

akta.pro secondary industries

Industrial Automation Software (SCADA, HMI, MES, Historian) (IMAHAHAJ), Automotive ECUs/Control Modules & Embedded Electronics Manufacturing (IMACAJAC)

Keywords

• E-government platforms
• Intelligent transportation systems
• Environmental monitoring solutions
• Automotive wiring harnesses
• Industrial zone development

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. IT Solutions and Software Development: Revenue from developing and deploying proprietary IT solutions including e-government platforms, smart transportation, environmental monitoring, and enterprise management software for government agencies and businesses across Vietnam.
2. Telecommunications and Data Center Services: Revenue from international and domestic leased lines, IP Transit, Internet services (FTTH), and data center colocation, dedicated server, VPS, hosting, and cloud storage services.
3. Plastic Manufacturing (Hanel Plastics): Production and supply of injection molded plastics (6,000 tonnes/year), vacuum film (500 tonnes/year), foam/EPS (3,600 tonnes/year), and plastic molds (50 molds/year) serving domestic economy and international partners.
4. Wiring Harness and Electronics (Sumi-Hanel): Manufacturing and supply of electrical wiring systems and electronic components for automotive, motorcycle, and electronics industries. Strategic partner to Toyota Vietnam and Honda Vietnam, serving Japan, USA, Europe, and ASEAN markets.
5. Industrial Zone and Real Estate Development: Revenue from developing and managing industrial zones (Sai Dong B), technology parks (Hanoi Software Technology Park - 43.45 ha, VND 12,000+ billion investment), and inland container depot (ICD Co Bi - 47.2 ha, 380,000-760,000 TEU/year capacity).
6. BPO and Professional Services: Business Process Outsourcing including banking BPO, recruitment process outsourcing, software testing, accounting, and bookkeeping services.
7. Electronics Manufacturing (Hanel PT): Manufacturing of electronic components and PCBs including buzzers, piezoelectric elements, actuators, flow sensors, transformers, and sounders for Japanese, Korean, Chinese, and Cuban industrial partners.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels4 records

Core offering

Hanel develops and deploys proprietary IT platforms including e-government systems (Open Egov Platform, UNIGATE), intelligent transportation management (Smart Traffic on Digital Map Platform, TRANSMART, iScale), environmental monitoring ecosystems, and enterprise software for Vietnamese government agencies and enterprises. The company also operates telecommunications infrastructure and data center services, manages industrial zones (Sai Dong B, Hanoi Software Technology Park, ICD Co Bi inland port), and manufactures automotive wiring harnesses via its Sumi-Hanel joint venture with Sumitomo Wiring Systems along with plastics and electronic components through subsidiaries.

Product overview

Hanel operates as a diversified conglomerate headquartered in Hanoi, Vietnam, with over 40 years of experience and a workforce of approximately 13,000 employees. The company is organized into five core business areas: Technology (information technology, telecommunications, electronics, and cybersecurity), Industrial Zone and IT Park Infrastructure, Real Estate, Logistics, and Supporting Industry Manufacturing. The technology division is the flagship and most prominent segment, organized as a platform-plus-modules portfolio. The core platforms include the Open Egov Platform (OEP) — an open-source e-government platform — and the Environmental Monitoring Ecosystem, complemented by vertical solutions such as the Smart Traffic on Digital Map Platform (National Brand award recipient), the TRANSMART Intelligent Transportation Platform, the iScale Vehicle Load Inspection System, UNIGATE one-stop government services, and information security services. The enterprise software layer spans a Multi-Channel CRM, Global Human Capital Management, Agile POS Suite, Integrated e-Retailing Suite, OpenERP implementation, logistics management, BPO services (banking, recruitment, accounting), and software QA/testing. The supporting industry portfolio includes Sumi-Hanel (joint venture with Sumitomo Wiring Systems, producing automotive wiring harnesses), Hanel Plastics (EPS, injection-molded and vacuum-formed plastics), electronics manufacturing, the landmark Sai Dong B Industrial Zone (Vietnam's first), the Hanoi Software Technology Park (43.45 ha, VND 12,000+ billion investment), and the ICD Hanoi Inland Port (47.2 ha, 380,000 TEU capacity).

Differentiator

Problem solved

Functional benefit

Brands

• Sumi-Hanel: Joint venture brand between Hanel and Sumitomo Wiring Systems (Japan), manufacturing electrical wiring systems and electronic components for automotive and electronics industries.
• Hanel Plastics
• iScale
• TRANSMART
• Hanoi Software Technology Park

Products and services

• Open Egov Platform (OEP) An open-source e-government platform co-developed by Hanel and DTT, integrating Liferay (portal), Alfresco (ECM), Pentaho (BI), JBoss (app server), uEngine (BPM), PostGIS, and other open-source components. Deployed across Hanoi, Da Nang, Ministry of Justice, Ministry of Transport, and Ministry of Health for Vietnamese government digital transformation.
• UNIGATE One-Stop Electronic Government Platform A software platform for modernizing administrative procedure resolution at government agencies, supporting single-window and linked single-window models from commune to ministerial level. Built on Oracle RAC, MongoDB, ASP.NET MVC, ReactJS with RESTful and WCF APIs, and integrated with Apache ServiceMix ESB for service orchestration.
• Online Public Services Platform for Ministries A centralized online services portal for government ministries providing citizens and businesses unified access to administrative procedures, with online payment, digital signature, and multi-agency data integration capabilities.
• Electronic Medical Record Software An HL7-compliant electronic health record platform supporting standardized health terminology catalogs, SDMX-HD formatted statistical reports for the Ministry of Health, OCR-based document digitization, and cross-hospital record lookup with automated data validation.
• Smart Traffic on Digital Map Platform A comprehensive intelligent transportation platform connecting and managing all traffic infrastructure data and vehicle tracking on a unified GIS digital map, supporting real-time monitoring of 1.76 million vehicles, speed violation detection, route management, and infrastructure maintenance scheduling. National Brand award recipient 2022-2024 and deployed across all 63 provinces of Vietnam.
• TRANSMART Intelligent Transportation Platform

Quantifiable outcome

• Over 900,000 innovations and improvements proposed and applied across Hanel group, saving approximately VND 5 billion per year
• +4 more outcomes

Named customers10 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability10 records

Feature7 records

Partnerships

Five partnerships are on record, tiered strategic, core and flagship.

• Vietnam Logistics Association (VLA)strategicGTM or Marketing Partner · 25 May 2026Strategic cooperation agreement signed between Vietnam Association of Women Entrepreneurs (VAWE, where Hanel's Chairwoman serves as Vice President) and VLA for digitizing supply chains and optimizing green logistics at the seminar on export promotion for businesses in the Southwest region.
• Vietnam National University, Hanoi (VNU)coreStrategic or Co-development Partner · 10 December 20225-year cooperation agreement signed on December 10, 2022 between Hanoi Business Association (HBA, where Hanel's CEO serves as Vice President) and VNU for investment promotion and human resources development. Includes joint training programs, scholarship funding, internship placement, business cooperation channel (VIC), and scientific research collaboration.
• Sumitomo Wiring Systems (Japan)flagshipStrategic or Co-development Partner · 11 June 1996Sumi-Hanel is a joint venture between Hanel and Sumitomo Wiring Systems, established under Investment License No. 1588/GP from the Ministry of Planning and Investment dated June 11, 1996. The partnership manufactures electrical wiring systems and electronic components for automotive, motorcycle, and electronics industries, serving Toyota Vietnam, Honda Vietnam, and exporting to Japan, USA, Europe, and ASEAN markets. Sumi-Hanel has trained and transferred technology to Sumitomo factories in Cambodia, Philippines, and Mexico.
• DTT (Digital Technology Corporation)coreStrategic or Co-development PartnerJoint development partnership for the Open Egov Platform (OEP) - Vietnam's pioneering open-source e-government platform. Hanel and DTT jointly developed and deploy the platform across multiple Vietnamese government agencies including Hanoi, Da Nang, and several ministries.
• Vietnam Cybersecurity Association (VNISA)coreStrategic or Co-development PartnerHanel is a strategic member of Vietnam's Cybersecurity Alliance, committed to building a safe and sustainable digital ecosystem for Vietnamese enterprises. Hanel is also among the first 10 enterprises licensed by the Ministry of Information and Communications for cybersecurity product and service business in Vietnam.

Scale indicators14 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• CMC Corporation: Vietnamese IT services and digital transformation group serving government and enterprise with system integration, cloud, and cybersecurity. Directly comparable to Hanel's enterprise IT and government solutions portfolio.
• VNPT (Vietnam Posts and Telecommunications Group): State-owned telecom and IT services group in Vietnam, operating data centers, IT outsourcing, and digital government services. Overlaps with Hanel in telecom infrastructure, data center, and e-government segments.
• Kapsch TrafficCom: Specialist in intelligent transportation systems, tolling, and traffic management software globally. Comparable to Hanel's Smart Traffic and TRANSMART platforms on product category and government customer profile.
• Viettel Group: Vietnamese state-owned telecom and technology group providing IT services, data centers, cybersecurity, and digital government platforms. Competes with Hanel across telecom, IT services, and government contracts.
• FPT Corporation: Vietnam's largest technology conglomerate, offering IT services, telecom, and digital transformation for government and enterprise. Direct competitor to Hanel in Vietnamese e-government, BPO, and system integration tenders.
• Yazaki Corporation: Global automotive wiring harness manufacturer competing with Sumitomo and Sumi-Hanel for Toyota, Honda, and other OEM supply. Comparable on product category, customer base, and tier-1 automotive electronics exposure.

Broad incumbents

• Aptiv: Global automotive technology supplier including wiring systems, connectors, and active safety. Comparable through its wiring-harness business segment competing in the same automotive OEM supply chain as Sumi-Hanel.
• Lear Corporation: Global automotive supplier with a wiring systems segment serving major OEMs. Comparable to Sumi-Hanel on product category and tier-1 automotive electrical/electronic supply.
• Sumitomo Wiring Systems: Japanese global leader in automotive wiring harnesses and the JV partner in Sumi-Hanel. Comparable as the global parent and competitor in the same automotive electrical product category that supplies Toyota and Honda.

Emerging players

• TMA Solutions: Vietnamese IT outsourcing and software development firm focused on global clients. Comparable to Hanel's enterprise software, BPO, and QA/testing services with overlap in Vietnamese IT talent and delivery capabilities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/hanoi-electronics-corporation

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

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 Hanel