Viet Thai Electric Cable

What Viet Thai Electric Cable does

Viet Thai Electric Cable (Công ty Cổ phần Dây cáp điện Việt Thái, ticker VTH on the Hanoi Stock Exchange) is a Vietnamese manufacturer of electrical wires and cables with origins dating to 1973 as a state-owned enterprise under CADIVI. It was converted to a joint-stock company (VITHAICO) in 2005 and rebranded to its current name in 2018. The company operates two manufacturing facilities in Dong Nai Province — Factory 1 in Bien Hoa 1 Industrial Zone and Factory 2 in Giang Dien Industrial Zone (Trang Bom) — which also serves as headquarters, plus branch offices in Ho Chi Minh City and Can Tho.

Its product portfolio comprises ten lines spanning residential wiring, bare conductors, low- and medium-voltage power cables (6-35 kV), solar and renewable-energy cables, low-voltage aerial bundled cables (LV-ABC), fire-resistant/fire-retardant/low-smoke/zero-halogen safety cables, control cables (including the MULTILEX range), and meter cables (MULLER). Production is certified to ISO 9001:2015, TÜV Rheinland, and TCVN/JIS/ASTM/BS/IEC standards, positioning the company to supply safety-critical infrastructure.

The company generates revenue almost exclusively through hardware sales of these cables via three channels: direct enterprise/project sales (a six-person Sale Admin team handling utilities and contractors), an extensive dealer-distributor network covering all Vietnamese provinces, and competitive-tender participation for government and infrastructure projects. Customers include Tổng Công ty Điện lực Miền Nam (Southern Power Corporation/EVN), Trung Nam Group (solar and wind power), provincial governments, contractors such as Phước Thành and IMG Phước Đông, and export markets spanning Cambodia, Laos, Myanmar, Malaysia, and Cuba. Pricing is quote-based across all product categories, with contracts structured as multi-year project engagements.

Name

Viet Thai Electric Cable

Legal name

Công ty Cổ phần Dây cáp điện Việt Thái

Website

https://vietthaicable.vn

Company type

Public

Founded year

1973

Operating status

Operating

Headcount range

51–100 employees

Short description

Viet Thai Electric Cable is a Vietnamese publicly listed manufacturer of electrical wires and cables serving utilities, contractors, government infrastructure, and renewable energy projects across Vietnam, with selective exports to Southeast Asia and Cuba.

Ownership category

akta.pro rank

Product category

Electrical Wire and Cable Manufacturing

NAICS

Communication and Energy Wire and Cable Manufacturing (33592), Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers (423610)

SIC

Electric Lighting & Wiring Equipment (3640), Wholesale-Electrical Apparatus & Equipment, Wiring Supplies (5063)

akta.pro primary industry

Power Cables & Conductors (LV/MV cables, flexible cables, bus wire, armored cable) (IMAGAEAC)

Keywords

• Electrical wire manufacturing
• Power cable production
• Medium voltage cables
• Low voltage cables
• Solar cables

Headquarters

HQ city

Biên Hòa

HQ country

Vietnam

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Electrical Wire and Cable Manufacturing and Sales: Core revenue from manufacturing and selling a comprehensive range of electrical wires and cables including residential wiring, power cables (medium and low voltage), bare conductors, solar cables, twisted cables, fire-resistant cables, control cables, and meter cables. Products are sold to utilities, contractors, construction companies, and through distributor networks.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Viet Thai Electric Cable manufactures and sells a comprehensive range of electrical wires and cables, including residential wire, bare conductors, medium and low voltage power cables, solar/photovoltaic cables, LV-ABC twisted cables, fire-resistant and flame-retardant low-smoke zero-halogen cables, control cables, multiplex cables, and meter cables. The company produces these products at two manufacturing facilities in Đồng Nai Province and sells to electrical utilities, construction contractors, renewable energy developers, government infrastructure projects, and residential end users through dealer networks across Vietnam and select export markets.

Product overview

Viet Thai Electric Cable (Công ty Cổ phần Dây cáp điện Việt Thái) is a Vietnamese manufacturer of electrical wires and cables serving the residential, commercial, industrial, and infrastructure sectors. The company operates a unified manufacturing portfolio organized across 10 product lines: (1) DÂY DÂN DỤNG — residential electrical wire for civilian installations; (2) DÂY TRẦN — bare conductor wires for overhead transmission; (3) CÁP ĐIỆN LỰC TRUNG THẾ — medium voltage power cables for utility distribution; (4) CÁP ĐIỆN LỰC HẠ THẾ — low voltage power cables for building electrical systems; (5) CÁP SOLAR — solar photovoltaic cables for renewable energy projects; (6) CÁP VẶN XOẮN HẠ THẾ (LV-ABC) — low voltage twisted bundle aerial cables; (7) CÁP ĐIỆN LỰC CHẬM CHÁY, CHỐNG CHÁY, ÍT KHÓI, KHÔNG HALOGEN — fire-resistant, fire-retardant, low-smoke, zero-halogen safety cables; (8) CÁP ĐIỀU KHIỂN — industrial control cables with shielding and armoring options; (9) CÁP MULTILEX — duplex/triplex/quadruplex multiplex aerial cables; and (10) CÁP ĐIỆN KẾ (MULLER) — electricity meter connection cables. These products are produced at two manufacturing facilities in Đồng Nai Province and are sold to electrical utilities, construction contractors, renewable energy developers, and end consumers across Vietnam and export markets.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Wire (Dây dân dụng) Electrical wire designed for residential and civilian electrical installations. Used by individual consumers, electricians, and small contractors for home wiring applications.

Quantifiable outcome

• Achieved National Brand status for 4 consecutive years (2021-2024)
• +2 more outcomes

Named customers13 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core.

• SACA (Hiệp hội Xây dựng và Vật liệu Xây dựng TP.HCM)coreGTM or Marketing Partner · 22 May 2025Viet Thai Cable participated as Diamond Sponsor at SACA's 9th Representative Congress (2025-2030) held at GEM Center, HCMC on May 22, 2025. The company also exhibited products at the congress exhibition, showcasing high-quality cable products for civil, industrial, and urban infrastructure projects. SACA is the Association of Construction and Building Materials in HCMC.
• SACA (Hiệp hội Xây dựng và Vật liệu Xây dựng TP.HCM)coreGTM or Marketing Partner · 27 March 2025Viet Thai Cable participated in SACA Business Day and New Year Celebration 2025 event in HCMC. The event provided opportunity to expand network with SACA member enterprises and learn latest market trends and advanced technology solutions.
• Tổng Công ty Xây dựng Phước Thành (Phuoc Thanh Construction Corporation)coreStrategic or Co-development Partner · 1 June 2024Strategic cooperation meeting held on June 1, 2024 between Viet Thai Cable and Phuoc Thanh Construction Corporation. Both companies agreed to cooperate closely for mutual development. Viet Thai Cable offers high-quality cable products with competitive pricing and experienced workforce, while Phuoc Thanh is a leading construction contractor with numerous successful projects. The partnership aims to deliver quality construction works.
• Tổng Công ty Điện lực Miền Nam (Southern Power Corporation - EVN)coreStrategic or Co-development PartnerOngoing supply relationship with Southern Power Corporation for electrical infrastructure projects. Products supplied include power cables for grid improvement and rural electrification programs throughout Southern Vietnam provinces.

Scale indicators6 records

Recent moves3 records

Broad incumbents

• Furukawa Electric: Japanese cable manufacturer with power, telecom and specialty cable products. Relevant as an established regional incumbent in Southeast Asia with overlapping customer requirements in utilities and renewables.
• Nexans: French global cable manufacturer with strong utility and renewable-energy cable offerings. Comparable as a broad incumbent competing for the same utility, grid and renewable-energy cable opportunities in Southeast Asia.
• Prysmian Group: Global leader in energy and telecom cables. Relevant as the international incumbent whose MV/HV submarine and land power cables set the standard for tenders Viet Thai competes for in Vietnam and across ASEAN.
• Sumitomo Electric Industries: Japanese diversified cable and wire manufacturer with strong utility and specialty cable lines. Comparable as a broad incumbent whose MV/HV and renewable cables compete with Viet Thai's specialty offerings in the region.
• Gelex Electric (formerly CADIVI parent group interests): Large Vietnamese electrical equipment conglomerate with significant cable manufacturing exposure. Comparable as a broad incumbent spanning cables, switchgear and electrical accessories across Vietnam.
• CADIVI (Vietnam Cable and Wire Corporation): Vietnam's state-owned national cable manufacturer and the direct parent legacy of Viet Thai (founded as a CADIVI subsidiary in 1973). Directly comparable in product mix (residential, LV/MV, specialty cables) and customer base (utilities, projects) and the largest domestic incumbent.

Direct peers

• Dragon Cable (Cáp Điện Dragon): Vietnamese cable manufacturer offering LV/MV power cables, fire-resistant cables and specialty products. Competes with Viet Thai on similar tenders in construction and utility segments.
• Trần Phú Electric: Long-standing Vietnamese electrical wire and cable brand focused on residential and building wires. Overlaps directly with Viet Thai's DÂY DÂN DỤNG and LV power cable lines and competes in dealer and retail channels nationwide.
• Thipha Cable: Vietnamese manufacturer of power cables, control cables and fire-resistant cables. Closely overlapping product portfolio with Viet Thai and competing for the same utility, construction and project customers across Vietnam.
• LS-VINA Cable & System: Korean-Vietnamese joint venture producing LV/MV power cables and overhead conductors for the Vietnamese market. Directly competes on similar SKUs to Viet Thai across utilities and industrial customers, and is among the most cited domestic competitors.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/vietthaicable.vn
• LinkedInlinkedin.com/company/viet-thai-electric-cable-corporation

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

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 Viet Thai Electric Cable