Song Da 5

What Song Da 5 does

Song Da 5 Joint Stock Company (Công ty Cổ phần Sông Đà 5) is a Hanoi-headquartered Vietnamese EPC construction contractor and a member of state-owned Song Da Corporation (Tổng công ty Sông Đà), the conglomerate that built Vietnam's landmark Hòa Bình, Sơn La, and Lai Châu hydropower plants. The company specializes in engineering, procurement, and construction of hydropower plants, wind farms, transportation infrastructure (roads, bridges), industrial facilities, and civil/residential buildings, with a delivery model that spans design, dam/tunnel/powerhouse construction, and procurement under single EPC contracts. Its go-to-market is enterprise field sales via competitive tendering and consortium bidding aimed at government utilities (notably EVN), independent power producers in Laos (Nam Phak Power, Chaleun Sekong Energy), Vietnamese wind developers (PCC1 and Quảng Trị project companies), and government ministries. Song Da 5 deploys thousands of engineers and workers concurrently across multiple domestic and international sites, predominantly in Vietnam and Laos, and operates four core service lines: Industrial Works Construction, Civil Works Construction, Transportation Works Construction, and Works Design.

Revenue is generated one-time through project-based EPC contracts with milestone-based progress billings; pricing is determined per project through competitive tender rather than a published rate card. Customer concentration is high: a small number of energy utilities, IPPs, and government agencies account for the bulk of project value — exemplified by the 1,451 billion VND Trị An Hydropower Expansion package (XL04-TAMR) awarded by EVN, which alone represents roughly 80% of the 1,800 billion VND revenue target approved at the April 2026 AGM. For 2025, revenue achieved 179% of plan and total production value 174% of plan; the 2026 plan targets 1,800 billion VND revenue and 26.65 billion VND pre-tax profit, with a 7% dividend payout. In June 2026 the company launched a Base.vn-powered digital transformation initiative to modernize project coordination, and at the April 2026 AGM it expanded its registered business lines into management consulting and technical inspection/analysis, signaling a move to broaden its service portfolio beyond pure construction execution.

Name

Song Da 5

Legal name

Công ty Cổ phần Sông Đà 5

Website

https://songda5.com.vn

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Song Da 5 is a Vietnamese EPC construction contractor and member of state-owned Song Da Corporation, specializing in hydropower, wind power, transportation, and industrial construction for utilities, IPPs, and government clients across Vietnam and Laos.

Ownership category

akta.pro rank

Product category

Energy Infrastructure Construction

NAICS

Heavy and Civil Engineering Construction (237)

SIC

Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Hydropower EPC & Construction (Civil Works, Electromechanical) (EUACAEAF)

akta.pro secondary industries

Balance-of-Plant (BOP) & Civil Works for Power Plants (EUAEAAAL), Wind Power Plant EPC (Onshore/Offshore) (EUAEAAAF), Design-Build / EPC General Contracting (IMAFAAAD), Hydro BOP Civil & Water Conveyance (Dams, Spillways, Penstocks, Canals) (EUAMAFAG)

Keywords

• Hydropower construction
• Wind power construction
• EPC contracts
• Transportation infrastructure
• Civil works construction

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Services: The company generates revenue primarily through EPC contracts for construction projects including hydropower plants, wind farms, transportation infrastructure, and industrial/civil works. Revenue is project-based, earned as construction progresses with milestone payments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Song Da 5 is a Vietnamese construction company executing EPC (Engineering, Procurement, Construction) contracts for hydropower plants, wind farms, transportation infrastructure, and industrial and civil works. The company designs and builds dams, tunnels, pressure pipelines, power houses, roads, bridges, and industrial facilities for government and private sector clients in Vietnam and Laos.

Product overview

Song Da 5 is a construction company offering a portfolio of four core construction services: Industrial Works Construction, Civil Works Construction, Transportation Works Construction, and Works Design. The company specializes in hydroelectric and wind power construction projects, frequently delivering services under EPC (Engineering, Procurement, Construction) contracts where they handle both design and execution of major project components including dams, tunnels, pressure pipelines, and power generation facilities. The company also recently launched a digital transformation initiative implementing the Base enterprise management platform to modernize operational processes.

Differentiator

Problem solved

Functional benefit

Products and services

• Industrial Works Construction

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Base.vncoreTechnology or Integration · 1 January 2025Song Da 5 partnered with Base.vn to launch a digital transformation project on June 22, 2026. The Base enterprise management platform will help modernize company operations, improve project coordination, and enable real-time data-driven decision making across all units.
• EVN (Tập đoàn Điện lực Việt Nam)coreStrategic or Co-development Partner · 1 January 2025EVN (Vietnam Electricity) is a key client and strategic partner. Song Da 5 participates in construction contracts awarded by EVN for hydropower and energy infrastructure projects, including the Trị An Hydropower expansion project.

Scale indicators9 records

Recent moves9 records

Expansion highlights5 records

Broad incumbents

• PowerChina (Sinohydro): Chinese state-owned global EPC giant and one of the world's largest hydropower contractors. PowerChina operates at vastly larger scale but competes for — and sets pricing benchmarks on — the same Southeast Asian hydropower EPC tenders that Song Da 5 pursues.
• Larsen & Toubro: Indian diversified EPC conglomerate with hydropower, power T&D, and infrastructure capabilities. L&T competes in the same international hydropower EPC space, especially in Asia and emerging markets, and represents the upper bound of EPC scale in the region.
• China Communications Construction Company (CCCC): Chinese state-owned infrastructure EPC conglomerate active in hydropower, transportation, and civil construction across Southeast Asia. CCCC is a broader incumbent competitor for large infrastructure and hydro projects in the region.
• GE Vernova: Global power-generation equipment and services incumbent providing turbines, balance-of-plant, and grid solutions. While Song Da 5 handles civil/BOP construction while GE Vernova supplies turbine islands, they interface on the same hydropower and wind EPC tenders.

Direct peers

• Hoa Binh Construction Group: One of Vietnam's largest private construction groups, executing civil, industrial, and infrastructure projects. While more weighted toward building construction, Hoa Binh competes with Song Da 5 for large-scale Vietnamese infrastructure tenders and shares the same project-based, competitive bidding business model.
• Vinaconex: Vietnamese state-linked construction and infrastructure conglomerate (Total Construction and Import-Export JSC). Like Song Da 5, Vinaconex delivers large-scale civil, hydropower, and infrastructure EPC projects across Vietnam, with comparable contract bidding and execution models.
• Coteccons: Leading Vietnamese construction contractor active across industrial, civil, and infrastructure works. Coteccons competes with Song Da 5 in the EPC general contracting market for industrial and infrastructure projects in Vietnam.
• Licogi (Vietnam Machinery Installation & Construction JSC): Vietnamese construction and industrial installation company involved in power, infrastructure, and industrial EPC. Licogi is a direct competitor for hydropower and power-plant construction contracts in Vietnam.

Others

• Andritz: Global supplier of electromechanical equipment and services for hydropower plants. Andritz typically operates as a supplier rather than direct competitor, but interfaces with Song Da 5 on hydro EPC projects where it supplies turbines and electromechanical systems.
• Song Da Corporation (Tổng công ty Sông Đà): State-owned parent group of Song Da 5 with a 65-year heritage in Vietnam's hydropower and infrastructure. Not a market competitor in the traditional sense but the parent ecosystem from which Song Da 5 draws its brand, talent, and project pipeline.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/song-da-jsc-no-5

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Song Da 5