Ecoba Vietnam JSC

What Ecoba Vietnam JSC does

Ecoba Vietnam JSC (Công ty cổ phần Ecoba Việt Nam) is a privately held Vietnamese construction contractor headquartered in Hanoi, operating since 2007 with a core headcount of 109 employees. The company provides integrated design-build, EPC (Engineering, Procurement, Construction), and general contracting services under three service lines (General Contractor, Main Contractor, and D&B/EPC) across three project categories: Urban Development, Industrial Construction, and Environmental Solutions. Its project portfolio spans high-rise residential and commercial developments for developers such as Vinhomes, Masteri, Capitaland, Gamuda Land, and Lotte, as well as industrial facilities for Samsung, LG Display, Formosa, Hoa Phat, and energy clients including Nghi Son Refinery and Mong Duong Power Plant.

Underlying capability rests on a three-tier governance framework applying PMI (Project Management Institute) standards for operating management, SCOR (Supply Chain Operations Reference) for governance, and COSO for strategic management/internal control. Ecoba has documented safety records (3,484,509 man-hours without lost-time incidents at Nghi Son Refinery; 500,000+ safe working hours at Monbay Ha Long) and is a Top 10 Most Reputable Contractor in Vietnam for 7 consecutive years, ranked 5th in 2026, with VNR500 and Profit500 listings. The operating model is project-based, B2B, and dominated by competitive bidding and direct negotiation with private and state-linked investors.

Revenue is derived from project contracts (design-build, EPC, D&B) with pricing determined through competitive bidding and negotiated contract values; specific contract values are not publicly disclosed. Banking relationships with Vietinbank, BIDV, Vietcombank, Techcombank, and MB Bank provide aggregate credit facilities exceeding VND 4,250 billion, supporting a project pipeline that reached a 2018 target of VND 5,000 billion in revenue. Gross profit margin improved from 6.6% (2018) to 8.4% (2020) with a 2.3% net profit margin in 2020, and the company remains the parent of Ecoba Technology Environment Co., Ltd (wastewater treatment) and Ecoba Renewable Energy Solution JSC (EGE), extending its franchise into environmental and renewable energy verticals.

Name

Ecoba Vietnam JSC

Legal name

Công ty cổ phần Ecoba Việt Nam

Website

https://ecobavietnam.com.vn

Company type

Private

Operating status

Operating

Headcount range

101–250 employees

Short description

Ecoba Vietnam JSC is a Hanoi-based construction contractor providing design-build, EPC, and general contracting services for real estate developers and industrial investors across Vietnam with a three-tier governance system and 7 consecutive years on the Top 10 Most Reputable Contractors list.

Ownership category

akta.pro rank

Product category

Construction Contracting Services

NAICS

Architectural, Engineering, and Related Services (5413), Engineering Services (54133), Engineering Services (541330), Environmental Consulting Services (541620)

SIC

Construction - Special Trade Contractors (1700), Services-Engineering Services (8711)

akta.pro primary industry

Commercial General Contracting (New Build) (IMAFAAAA)

akta.pro secondary industries

Oil & Gas Processing & LNG Facility Construction (IMAFADAB), Chemical & Petrochemical Plant Construction (IMAFADAA), Construction Management & Delivery (EPCM/CMAR/Design-Build Oversight) (EUANALAE)

Keywords

• Construction contracting services
• General contractor services
• Design build EPC
• Industrial construction projects
• Wastewater treatment solutions

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Construction Contracting Services: Primary revenue from construction contracting as main contractor, general contractor, and primary contractor for residential, commercial, industrial, and environmental projects. Revenue derived from design-build, EPC, and D&B contract models.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

Ecoba Vietnam JSC is a professional construction contractor providing design, construction, finishing, and construction management services through three contracting models: General Contractor, Main Contractor, and Design & Build/EPC. The company delivers projects across three main categories—Urban Development (residential complexes and commercial buildings), Industrial Construction (factories, power plants, manufacturing facilities), and Environmental Solutions (wastewater treatment plants)—for enterprise clients across Vietnam.

Product overview

Ecoba Vietnam JSC is a construction company offering integrated services through three main contractor service types (General Contractor, Main Contractor, and Design & Build/EPC), organized under three project categories: Urban Development, Industrial Construction, and Environmental Solutions. The company provides end-to-end construction services from design through completion for residential complexes, commercial buildings, industrial plants, and wastewater treatment facilities across Vietnam.

Differentiator

Problem solved

Functional benefit

Brands

• Ecoba Renewable Energy Solution JSC (EGE): Subsidiary focused on renewable energy solutions including rooftop solar power installations
• EGE (Ecoba Renewable Energy Solution)

Products and services

• Tổng thầu D&B và EPC (Design & Build and EPC General Contractor Services)

Quantifiable outcome

• Net profit margin of 2.3% in 2020 despite pandemic impact
• +2 more outcomes

Named customers14 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

Feature1 record

Partnerships

15 partnerships are on record, tiered core and minor.

• Hanoi University of Civil EngineeringcoreStrategic or Co-development Partner · 9 March 2026Cooperation agreement signed March 9, 2026 for training activities, scientific research, and human resources development. Ecoba contributes to curriculum development and provides internship and working opportunities for students. Company offers support programs for outstanding students.
• Hanoi University of Civil EngineeringminorGTM or Marketing PartnerSupporting sponsor of CIB-ICONS 2026 International Conference at the university
• CapitalandcoreStrategic or Co-development PartnerMajor real estate developer partner for urban development projects in Vietnam
• VinhomescoreStrategic or Co-development PartnerLeading Vietnamese real estate developer, repeat client for multiple residential projects
• MastericoreStrategic or Co-development PartnerReal estate developer partner for Masteri Trinity and Masteri Thuỷ Nguyên projects
• Gamuda Land VietnamcoreStrategic or Co-development PartnerInternational real estate developer with multiple projects including Gamuda Gardens, Gamuda Lakes, and Park City
• LottecoreStrategic or Co-development PartnerLotte Mall Hanoi project and other development projects
• SamsungcoreStrategic or Co-development PartnerWastewater treatment plants for Samsung facilities in Thai Nguyen and other locations
• FormosacoreStrategic or Co-development PartnerMultiple industrial construction projects including coke oven, steel mill hot rolling, and raw material processing facilities
• Hyundai E&CcoreStrategic or Co-development PartnerSubcontractor for Mong Duong 1 and 2 Thermal Power Plants construction
• JGCS ConsortiumcoreStrategic or Co-development PartnerJoint venture consortium partner for Mong Duong Thermal Power Plant projects
• Ciputra CorporationcoreStrategic or Co-development PartnerIndonesian investor for Nam Thang Long urban development, wastewater treatment plant projects
• Vietnam International Township Development (VIDC)coreStrategic or Co-development PartnerInvestor for Parc Regent ParkCity project, highest-end segment in VIDC portfolio
• Ecoba Renewable Energy Solution JSC (EGE)minorStrategic or Co-development PartnerSubsidiary company specializing in renewable energy solutions including rooftop solar projects
• United Nations Development Programme (UNDP)minorStrategic or Co-development PartnerUNDP Vietnam partner, constructed UN House green building renovation project

Scale indicators11 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Hoa Binh Construction Group JSC: Listed Vietnamese general contractor with overlapping capabilities in design-build and EPC for residential, commercial, and industrial projects; directly competes with Ecoba on urban and industrial builds.
• Ricons Construction Investment JSC: Vietnamese general contractor focused on residential, commercial, and industrial builds with similar mid-to-large developer client base; competes head-to-head with Ecoba for project awards.
• Phu Xuan Construction and Services JSC: Vietnamese general contractor for residential complexes and industrial facilities; competes with Ecoba in the same urban and industrial sub-segments.
• Coteccons Construction JSC: Vietnam's largest listed general contractor, active across residential, commercial, and industrial construction — directly competing with Ecoba for the same developer and industrial client RFPs in Vietnam.
• Vinaconex JSC: Major state-linked Vietnamese construction and infrastructure group offering general contracting and EPC services across civil, industrial, and environmental projects — overlapping target customers and project types with Ecoba.
• Descon Construction Corporation: Vietnamese EPC and general contractor active in industrial plants, infrastructure, and commercial buildings; competes for the same industrial and design-build mandates as Ecoba.
• Viteccons Construction Investment JSC: Vietnamese general contractor with comparable residential and industrial portfolio, often bidding on the same set of developer projects in Hanoi and HCMC.
• Delta International JSC (Delta Group): Vietnamese construction group active in industrial parks, civil infrastructure, and real estate — overlapping with Ecoba's industrial construction and environmental/water treatment segments.

Others

• UNDP Vietnam Green Building partners: UNDP Vietnam commissioned Ecoba for the UN House green renovation, signaling alignment with international development-grade green construction standards — useful peer reference for ESG- and donor-funded project pipelines.

Broad incumbents

• Samsung C&T Corporation: Global construction and engineering arm of Samsung with significant Vietnamese operations; competes for large industrial and EPC contracts in Vietnam and overlaps in client base (Samsung, LG).

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@ecobavietnam8662
• Facebookfacebook.com/ecobavietnam
• LinkedInlinkedin.com/company/ecoba-vietnam-jsc

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Ecoba Vietnam JSC