TONA Corporation
TONA Corporation is a Vietnam-based Design & Build general contractor delivering turnkey industrial, commercial, residential, and healthcare construction projects, plus large-scale rooftop solar installations, for enterprise developers and multinational investors.
- Company typePrivate
- Founded-
- HeadquartersHo Chi Minh City, Vietnam
- Headcount11–50
- GTM typeB2B
- OfferingServices
What TONA Corporation does
TONA Corporation is a Vietnam-based Design & Build general contractor founded in 2013, headquartered in Binh Thanh district, Ho Chi Minh City. The company delivers turnkey construction solutions across four core service lines: industrial design-build (factories, manufacturing plants, MEP systems), civil design-build (office buildings, apartment complexes, hotels, commercial centers), large-scale rooftop solar power installation, and development & investment services for industrial real estate and solar projects. Its technical stack centers on integrated MEP (Mechanical, Electrical & Plumbing) systems, civil and industrial construction expertise, and renewable energy deployment, with ISO 9001 and ISO 14001 certifications underpinning quality and environmental management.
The firm serves enterprise clients across industrial manufacturing, commercial retail, healthcare, residential, and education sectors via direct project acquisition, strategic partnerships with developers and investors, and participation in industry events such as GEFE. Confirmed customers include Phoenix Contact, Spartronics, Central Retail Vietnam, Hung Duy Group, Sikico Group – Hai Vuong Company, First Family Company, CNS Land, and International University (Sikico Building). Notable project values include the VND 1,000 billion Hong Hung General Hospital Phase 2 expansion and the VND 95.5 billion Big C GO! Dong Nai Commercial Center.
TONA operates a project-based, one-time contract revenue model with each engagement custom-scoped and quoted, employing 21 staff in a lean, subcontractor-driven execution model. The company is privately held with no disclosed external investors, and its geographic footprint is concentrated in Vietnam's southern industrial corridors (Ho Chi Minh City, Binh Duong, Dong Nai, Tay Ninh). Strategic expansion into healthcare infrastructure and an integrated solar energy ecosystem with Tona Syntegra Solar, Syntegra Solar International AG, and Etanomics indicate a forward-leaning growth posture.
TONA Corporation firmographics
Firmographics- Name
- TONA Corporation
- Legal name
- Tona Corp
- Website
- https://tonacorp.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- TONA Corporation is a Vietnam-based Design & Build general contractor delivering turnkey industrial, commercial, residential, and healthcare construction projects, plus large-scale rooftop solar installations, for enterprise developers and multinational investors.
- Ownership category
- akta.pro rank
TONA Corporation industry classification
Industry- Product category
- Construction Services
- NAICS
- Industrial Building Construction (23621)
- SIC
- General Bldg Contractors - Nonresidential Bldgs (1540)
- akta.pro primary industry
- Automotive & Heavy Manufacturing Plant Construction (IMAFADAK)
- akta.pro secondary industries
- Warehousing, Distribution & Cold Storage Facility Construction (IMAFADAL), Building Automation & Controls (BAS/BMS) Contracting (IMAFALAE)
Keywords
Where TONA Corporation is headquartered
LocationHeadquarters
- HQ city
- Ho Chi Minh City
- HQ country
- Vietnam
- HQ region
- Asia
Offices1 record
Markets served
TONA Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Design & Build Contracting: TONA provides turnkey and bespoke solutions on Design & Build in the fields of residential, commercial buildings, and industrial factories. Revenue is generated through project-based contracts as a general contractor for design, construction, and completion.
- Development & Investment: Development and investment services for industrial real estate and large-scale rooftop solar power systems.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
TONA Corporation product offering
Product offeringCore offering
TONA Corporation is a Vietnam-based Design & Build general contractor that delivers turnkey construction solutions spanning industrial factories, manufacturing plants, office buildings, apartment complexes, hotels, and commercial centers. The company also develops and invests in large-scale rooftop solar power systems for factories, commercial centers, and cold storage warehouses, alongside integrated MEP (Mechanical, Electrical & Plumbing) system design and installation.
Product overview
TONA Corporation provides turnkey and bespoke solutions on Design & Build in the fields of residential, commercial buildings, and industrial factories; development and investment of large scale rooftop solar systems. The company's service portfolio consists of four core offerings: Industrial Design-Build Services (factories, manufacturing plants, MEP systems), Civil Design-Build Services (office buildings, apartment complexes, hotels, commercial centers), Large-Scale Rooftop Solar Power Installation Services, and Development & Investment Services for industrial real estate and solar energy systems. TONA operates as a general contractor delivering projects from design through construction and completion, serving clients across industrial, commercial, and residential sectors in Vietnam.
Differentiator
Problem solved
Functional benefit
Products and services
- Industrial Design-Build Services Turnkey design and construction services for factories and manufacturing plants, including integrated MEP (Mechanical, Electrical & Plumbing) systems for industrial facilities in Vietnam.
- Civil Design-Build Services
- Large-Scale Rooftop Solar Power Installation
- Development & Investment Services
- MEP Systems (Mechanical, Electrical & Plumbing)
Quantifiable outcome
- Phoenix Contact Vietnam Factory completed in 171 days under strict safety, quality, and technical requirements
- +2 more outcomes
Companies that use TONA Corporation
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles4 records
TONA Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
TONA Corporation partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and supporting.
- Hung Duy GroupcoreHung Duy Group is the developer of the Hong Hung General Hospital Phase 2 Expansion project. TONA serves as the construction partner for this VND 1,000 billion healthcare infrastructure project representing TONA's strategic entry into high-tech healthcare construction.
- Phoenix ContactcorePhoenix Contact is a German technology corporation (founded 1923) specializing in electrical connection, automation, and sustainable energy systems. TONA served as Design & Build Contractor for their 51st factory in Vietnam, completed in 171 days. This marked the beginning of a long-term partnership.
- Sikico Group – Hai Vuong CompanycoreSikico Group and Hai Vuong Company jointly develop the An Loc Plaza Shopping Center upgrade project. TONA serves as the Design & Build (D&B) General Contractor for this modernization project.
- Central Retail VietnamcoreCentral Retail Vietnam develops the Big C GO! Dong Nai Commercial Center project. TONA is the trusted Design & Build general contractor for this VND 95.5 billion commercial construction project.
- Tona Syntegra Solar (TSS)coreTSS serves as a strategic partner for large-scale rooftop solar energy development. TONA and TSS jointly participate in industry events like GEFE 2024, showcasing Net Zero solutions and renewable energy systems. TSS is a related entity under the same corporate ecosystem.
- Syntegra Solar International AGsupportingInternational solar technology partner that co-exhibited with TONA at GEFE 2024 booth G25, showcasing advanced Net Zero solutions for the Vietnamese market.
- Etanomics Service GmbHsupportingInternational partner co-exhibiting at GEFE 2024, providing sustainable energy solutions and financial efficiency expertise alongside TONA and TSS.
Scale indicators6 records
Recent moves7 records
Expansion highlights5 records
TONA Corporation competitors and assessment
Company assessmentDirect peers
- FECON JSC: Vietnamese construction firm specializing in foundation, civil, and industrial infrastructure, including factory and plant construction. Comparable to TONA in industrial-focused construction services and Vietnam market presence, particularly for FDI-driven manufacturing builds.
- An Phong Holdings Construction JSC: Vietnam-based general contractor focused on design-build, civil, and MEP works for industrial, commercial, and residential clients. Overlaps with TONA in core design-build contracting for factories and commercial centers, particularly in southern Vietnam.
- Ricons Construction Investment JSC: Vietnamese construction company providing design-build and general contracting for industrial, commercial, and residential projects. Comparable to TONA in service portfolio (factories, MEP, civil construction) and in serving multinational clients in Vietnam's industrial parks.
- Hoa Binh Construction Group JSC: Major Vietnamese general contractor active in industrial, commercial, and civil construction with deep MEP and design-build capabilities. Directly comparable to TONA in service offering, vertical mix (factories, commercial centers, residential), and Vietnam market focus.
- Phuc Hung Holdings Construction JSC: Vietnamese general contractor delivering civil, industrial, and commercial construction. Comparable mid-sized design-build peer serving industrial and commercial real estate developers in Vietnam, overlapping with TONA's core customer segments.
- Coteccons Construction JSC: One of Vietnam's largest general contractors, offering design-build and construction services across industrial, commercial, and residential projects. Comparable to TONA as a Vietnam-based turnkey general contractor serving developers and multinational clients, though at materially larger scale.
Regional players
- Central Construction JSC: Vietnam-focused construction contractor active in industrial, civil, and commercial projects. Comparable peer in scale and service mix to TONA, operating primarily in Vietnam and serving similar developer and industrial clients.
Broad incumbents
- Vinaconex JSC: Large state-owned Vietnamese construction conglomerate with broad activity across civil, industrial, and infrastructure projects. Comparable to TONA in general contracting scope but at substantially larger scale, with broader geographic and segment reach.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
TONA Corporation social profiles
Digital presenceTONA Corporation compliance and trust
Trust signalCompliance1 record
TONA Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
TONA Corporation leadership team
Management profileNumber of profiles
Profiles1 record
TONA Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TONA Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TONA Corporation
What does TONA Corporation do?
TONA Corporation is a Vietnam-based Design & Build general contractor that delivers turnkey construction solutions spanning industrial factories, manufacturing plants, office buildings, apartment complexes, hotels, and commercial centers. The company also develops and invests in large-scale rooftop solar power systems for factories, commercial centers, and cold storage warehouses, alongside integrated MEP (Mechanical, Electrical & Plumbing) system design and installation.
Is TONA Corporation a public or private company?
TONA Corporation is a private company. It is classified as unknown and is currently operating.
When was TONA Corporation founded?
TONA Corporation was founded in -1. It employs 11 to 50 people.
Where is TONA Corporation based?
TONA Corporation is headquartered in Ho Chi Minh City, Vietnam, in the Asia region.
How does TONA Corporation make money?
Two revenue lines are on record. Design & Build Contracting is the primary driver. The others are development & Investment.
Who are TONA Corporation's main competitors?
Direct peers on record are FECON JSC, An Phong Holdings Construction JSC, Ricons Construction Investment JSC, Hoa Binh Construction Group JSC, Phuc Hung Holdings Construction JSC and Coteccons Construction JSC. Central Construction JSC is listed as a regional player. Vinaconex JSC is listed as a broad incumbent.
Does TONA Corporation have an API?
No public API is recorded for TONA Corporation.
What industry is TONA Corporation in?
TONA Corporation's product category is Construction Services. Its primary akta.pro industry code is IMAFADAK, Automotive & Heavy Manufacturing Plant Construction, with a secondary code of IMAFADAL, Warehousing, Distribution & Cold Storage Facility Construction. Its NAICS code is 23621 and its SIC code is 1540.