Top Utilities Companies in Vietnam

The Utilities, Recycling & Waste Management industry in Vietnam has been growing significantly in recent years, driven by favorable government policies, increasing environmental awareness, and technological advancements. This article will provide an overview of the industry, its key statistics from 2022, factors contributing to its growth and success, its growth in comparison to previous years, key trends including technological disruptions, challenges, and future outlook.

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CompanyHeadcountContactDescriptionDecision Maker
DEEP C INDUSTRIAL ZONES VIETNAM118 +84 90 444 36 60
info@deepc.vn

DEEP C Industrial Zones is located adjacent to the new Haiphong International Gateway Port (Lach Huyen Deep Sea Port), Cat Bi International Airport, and North Vietnam Coastal Expressway. At the very centre of Haiphong’s infrastructure development, we offer our tenants industrial land and ready-built warehouse/workshop for lease, integrated with reliable utilities provision and supporting services.

VIVABLAST88 +84 28 3896 5007
vivablast@vivablast.com

Vivablast is a 100% foreign-owned company accredited UKAS ISO 9001:2015 & 45001:2018 by Bureau VERITAS with offices and setup over South-East Asia. Since 1994, we have been servicing industry leaders in major projects from construction phase to maintenance programs. Our vertical expertise includes all industry sectors, particularly: oil & gas, power & utilities, shipbuilding, mining, renewable energy and manufacturing. Our vision is to be the most preferred and trustful solutions-provider for industrial assets preservation. Contributing to the sustainable industrial development of Vietnam, we enforce CSR Standard on Environment, Safety, and Quality standards in everything we do. We design and deliver professional services to preserve our Clients’ assets sustainably, through efficient and reliable specialty services and integrated solutions. Learn more at www.vivablast.com * Tel: +84 8 38 965 006/ 007/ 008 * Email: vivablast@vivablast.com * Website: http://vivablast.com/ * Linkedin…

MEKONG ENERGY COMPANY LIMITED61 +84 838 219 404
contact@mekong-energy.com

Mekong Energy Company Limited (MECO) is an IPP (Independent Power Producer) which owns and operates Phu My 2.2, a combined cycle power plant of 715 MW capacity gas fired in the southern Ba Ria Vung Tau province in Vietnam. It is the first wholly foreign-owned BOT (Build-Operate-Transfer) investment awarded for 20 years by MOIT (Ministry of Industry & Trade in Vietnam) to a consortium of 3 world-class shareholders: - EDF, one of the world largest power utilities (56.25% of the legal capital) - SUMITOMO CORPORATION, one of the biggest general trading and investment companies in Japan (28.125%) - JERA, one of the largest power producers in the world (15.625%) Phu My 2.2 started its commercial operation on 4 February 2005, after being designed, erected and commissioned in the frame of an EPC contract signed with EDF. Phu My 2.2 still belongs to the new generation of gas fired combined cycle plant with two Gas Turbines General Electric 9FAe class F, a state-of-the-art technology…

RCR VIETNAM25 +84 28 6299 9351
info@rcrvietnam.com

Established in Vietnam in 2009, RCR Vietnam provides Facilities Management solutions to organisations in Vietnam wanting to: - Retain the value of their assets (buildings and equipment) - Protect assets (reduce downtime, manage risk, effectively manage asset life) - Maximise savings through smart engineering RCR has a proven track record of providing our clients with a standard of service not previously seen within the FM industry. Our data-driven approach to managing assets and buildings provides clients with a comprehensive understanding of their built environment, which in turn allows RCR Vietnam to provide solutions to their requirements. RCR doesnt just manage your building and assets, RCR will implement a range of programs to ensure that our clients save money - this is achieved through: - Energy Management Solutions (such as EnPI and ISO 50001 implementation) - Reduced reliance on sub-contractors (without affecting the quality of maintenance). RCR Vietnam has a training …

MOG CAREER33 +84 839 700 380
info@mog.net

Background In 2011, mWork was established to provide an affiliate platform that allowed app/digital-content developers and publishers to rapidly distribute to an enormous number of users. Coming at just right time, mWork grew very fast and became a very successful platform. Four years later, in August 2015, to create a broader awareness and effective brand recall, mWork changed its name to MOG and stretched its legs to other verticals of the Internet industry. The new brand name and logo reflected the companys new position as an Internet company that provides online products and services to mobile users. MOG focuses on five verticals: Online Advertising, e-Payment & e-Wallet, Mobile utilities, Connected Retail and Game Entertainment. Mission Our enduring mission as a mobile internet company focuses on building an eco-system to enhance the user’s mobile life.

AN LAP PHAT ALUMINUM GROUP25 +84 1800 6332
contact@anlapphat.com

ALP aims to be a pioneering Vietnamese entrepreneur in elevating aluminum value, leading its market to provide aluminum solutions, ready for a life of stability and sustainable development. Our mission is to maximize aluminum utility for a sustainable and developed society. Invested not only in European standards for product quality & optimal capability, we also put a huge effort in R&D, building our professional and resilient team members, continuously training and digitalizing our system seamlessly with high technology. We all work around our core values of Quality – Innovation – Sustainability. We are framing to a life betterment. We live our spirit of making sense of aluminum values. We are passionate in bringing more aluminum solutions & utilities to Vietnamese, and ready to the world.

CAS-ENERGY4 +84 236 3675 666
info@cas-energy.com

Starting at its headquarters in Danang ( Vietnam ) CAS Control & Automation Services Solution has turned into an international company . As an innovative and independent provider, CAS develops and provides automation solutions to power utilities. Experienced engineers come from best engineering schools, they were selected to provide excellent support during all phases of a project: pre-investment, design, production, commissioning & training, operation… In a world where automation and innovation go hand in hand .We make sure that we periodically improvise our products so that our clients receive the best. As our slogan automate your business and free your mind, CAS offer a full-range of automation solution, product and services that can be customized to fit your requirements, your budget and your schedule. CAS is always your best partner when doing business .

APPLIED TECHNICAL SYSTEMS JSC (ATS JSC)61 +84 28 3948 3549
contact@ats.com.vn

Applied Technical Systems Joint Stock Company (ATS JSC) specializes in solutions for Substation Automation and Power System Control. We are the leading provider of Substation Automation Systems (SAS) and Supervisory Control and Data Acquisition Systems (SCADA) for power utilities in Vietnam. Since our start in 1998 as the exclusive distributor of Schweitzer Engineering Laboratories, Inc. (SEL) in Vietnam, together with our focus in research and development, ATS has acquired a track record of successful execution of hundreds of critical infrastructure projects including substations up to 500kV and OCC/SCADA for national load dispatched centers. Our customers now encompass a wide range of industrial companies and utilities of the power industry in Vietnam as well as international clients. Starting June 2019, ATS has become a strategic partner of Takaoka Toko Co., Ltd. (Japan) with the aim to bring ATS’s high-tech solutions to Japan as well as to the global market. Our Feature Highli…

LONG BEACH GROUP13 +84 28 6252 5777
info@longbeachgroup.vn

Long Beach Group was established in 2004 from the foundation of Long Beach Joint Stock Company with the main business lines of real estate investment, development and trading. After nearly 15 years of construction and development, with the leadership of Mr. Le Ngoc Long - Chairman of the Board of Directors, Long Beach Group has become one of the fast growing and multidisciplinary business groups with impressive growth. Our branches include Hotels, Resorts, Condotels, Amusement Parks, Culture Centers, Entertainment Centers (Massage, Karaoke, SPA), Restaurants, Cafés and especially Long Beach Pearl as the leading pearl jewelry brand in the industry with cooperations to Zwarowski and Vietnam Airlines & Miss World Vietnam. Long Beach Group always aims to bring the best services and utilities to customers first. Operating in a fiercely competitive market. In line with our goals, we always consider social responsibility as the focus of sustainable development - the development of a corpor…

APPLIED TECHNICAL SYSTEMS JSC (ATS JSC)55 +84 28 3948 3549
contact@ats.com.vn

Applied Technical Systems Joint Stock Company (ATS JSC) specializes in solutions for Substation Automation and Power System Control. We are the leading provider of Substation Automation Systems (SAS) and Supervisory Control and Data Acquisition Systems (SCADA) for power utilities in Vietnam. Since our start in 1998 as the exclusive distributor of Schweitzer Engineering Laboratories, Inc. (SEL) in Vietnam, together with our focus in research and development, ATS has acquired a track record of successful execution of hundreds of projects for substations up to 500kV. Our customers now encompass a wide range of industrial companies and utilities of the power industry in Vietnam as well as international clients. Starting 15 June 2018, we underwent a name change from Applied Technical Systems Company Limited to Applied Technical Systems Joint Stock Company. This change will facilitate our future growth in scope and size to better serve our clients, domestically and internationally. Our …

CAPITAL LAND ASSET MANAGEMENT33 +84 587 133 392
info@capland.co.za

Capital Land is a leading investment property boutique involved in the asset and property management of institutional and private commercial property portfolios in South Africa. Capital Land manages one of the largest portfolios of specialised retail assets, servicing the high-growth mass market in South Africa. Its portfolio comprises 25 commercial properties valued at approximately R6.6 billion, with a consolidated gross lettable area of around 392 482m2. The core operations of Capital Land involve commercial property asset management, financial administration, operations, utilities and facilities management, property development, leasing, legal and compliance management, marketing, media and promotions, and the management of corporate social investment programmes.

VIETNAM COSTRUCTION AND DESIGN CONSULTING CO., LTD0 +84 28 3511 5033
info@vndc.com.vn

Preceding the business field of construction consultant and investment in Vietnam, VIETNAM CONSTRUCTION AND DESIGN CONSULTING CO. LTD (VNDC) aims at contributing to construction consultancy which is strongly developing in Vietnam today. By our constant innovation and development, we almost satisfy every requirement, no matter how demanding the clients are. We can absolutely serve our customers in all construction phases including but not limited to project planning, preliminary design, technical drawing, construction supervision, investment consultancy, legal service, tender consultancy, manner of execution, execution and completion of the construction We are not economists but we care about construction cost. In our principles, a construction work that meets requirements must be economical, durable, beautiful and convenient. For that reason, we always have new designs and use suitable and high-quality materials We never stop to require perfection. Our success is to bring customer…

DR.LOCALIZE CO., LTD38

Dr.Localize Communication Bridge Company Limited (Dr.Localize Co., Ltd) is a professional multilingual service provider. We offer a wide range of customer-oriented services to meet the ever-increasing demand for content and multimedia localization. We focus on providing translation, localization, transcreation, transcription, copywriting, MTPE, DTP, voice-over, subtitling, dubbing, data curation, testing, and other language related services. We support 80+ languages covering Asian, European, Baltic, and African languages. At Dr.Localize, we deploy and integrate state-of-the-art translation project management platform, industry-leading CAT tools, nMT engines, localization softwares, terminology management programs and quality assurance utilities into our workflow and processes in order to work faster, more efficiently, more productively so as to yield high quality output that meets the clients’ requirements and expectation. Dr.Localize boasts highly qualified staff and a network of in…

FLAMINGO DAI LAI RESORT58

Located in a mountain region of Northern poetic Dai Lai lake, Flamingo Dai Lai Resort spreads over 123 hectares and is surrounded by 500 hectares of water as well as 10,000 hectares of natural forests. Catering to beauty and high class, Flamingo Dai Lai Resort was planned and designed to meet the status of a leading luxury eco-resort complex with spectacular landscapes, impressive architecture, internationally standardized facilities and service system. Flamingo Dai Lai Resort offers exceptional quality and diversified services, including Flamingo Central Resort, the high class eco-system villas, a chain of sports clubs, entertainment, health care, service centers, and utilities.

PHUONG DONG ONLINE TRANSACTIONS .,JSC7 +84 862 906 098
info@phuongdongcorp.com

Born in 2007 in Hanoi, PHUONG DONG ONLINE TRANSACTIONS., JSC is a professional company in the field of: foreign investment consultant, export export mandate. Providing international payment solution consultancy, providing and integrating online payment gateways into merchant payment gateways that are attracting the attention of Vietnamese businesses and investors. Foreign investment in Vietnam. Information is the beginning of the success of who seize the opportunity and flash the opportunity, hurry up to dominate your market on the internet. We are always researching the development of business on the internet, researching the latest technologies and utilities to consult and build website systems for our customers, Good, secure and easy to use for the user. Business is always a parallel of opportunity and risk. Our goal in providing services to our clients is to increase opportunities through predictive solutions, or to share risk mitigation with corrective measures.

DR AMERICO FACTORY1 +84 90 733 60 43
sale@dramericofactory.com

AMERICO GROUP JSC. is a medical provider that combines the own network to bring all partners the supplies they need. Our company manufactures and distributes a wide range of products from medical equipment for commercial purposes to durable medical equipment for commercial use, and durable medical equipment. Our Co-founders are doctors have a deep understanding of the products medical and health equipment. With more than 10 years of experience in this field, We have experts and experienced Team sales professionals, we are always ready to meet all your needs. We provide our customers with quality products and the fastest utilities to meet the large and urgent needs of customers to bring the best business benefits to customers.

ZAMIL STEEL BUILDINGS VIETNAM CO., LTD211 +84 24 3837 8522
zsv.marketing@zamilsteel.com

Zamil Steel Vietnam is the premier steel structures supplier in ASEAN region & Bangladesh with 100% investment from Saudi Arabia. Zamil Steel group of companies, a subsidiary of Zamil Industrial Investment Company, was established in 1977. Zamil Steel is a global leader in the manufacture of pre-engineered steel buildings and the Middle East’s premier supplier of structural steel products and process equipment, transmission and telecommunications towers, open web steel joists, and roof& floor steel decks. In 1993, the company set up a representative office in Ho Chi Minh City, Vietnam and began exporting steel buildings to the South East Asia region. Four years later, in 1997, witnessing the robust growth potential of South East Asia, Zamil Steel took early initiatives to build our first plant in the Noi Bai Industrial Zone, Hanoi. With total production capacity of 120,000 MT of steel buildings per year and 2 state-of-the-art factories in the North and South of Vietnam, to date,…

LUA VIET TOURS48 +84 90 680 18 55
info@luavietours.com

Lua Viet Tours is proud to be one of the leading travel companies in Vietnam with more than 28 years of experience in the field of professional tour organization. Intending to provide our customers with the best travel experiences, we have constantly improved and invested in the best travel services. We fully understand that each customer has different needs and preferences, so we have built a team of experienced and dedicated travel professionals to advise and meet all of our customers needs. We are committed to providing customers with various tour packages, rich and full of utilities, from local tours to international tours. We are extremely honored to be awarded and recognized by customers, the media, and the government: - Top 10 Best Domestic Travel Companies in Vietnam – Certified by Vietnam National Administration of Tourism – in 2010, 2011, 2012, and 2014. Lua Viet was the only private company on the list in 2012. - One of the most satisfied travel service companies - Voted b…

CONTROL & AUTOMATION SOLUTIONS8 +84 236 3675 666
info@cas-energy.com

Starting at its headquarter in Danang ( Vietnam ) CAS Control & Automation Solutions turned into an international company. As an innovative and independent provider, we develop and provide automation solutions to power utilities, agriculture and renewable energy. Our experienced engineers come from best schools, they were selected to provide excellent support during all phases of a project: pre-investment, design, production, commissioning & training, operation… In a world where automation & innovation go hand in hand, we make sure that we periodically improve our products so that our clients receive the best. As our slogan “Automate Your Business & Free Your Mind” CAS offer a full-range of automation solution, products & services that can be customized to fit your requirements, your budget and your schedule. We’re always your best partner when doing business.

VIETNAM ELECTRICITY98 +84 24 6694 6789
banbientapwebevn.eic@evn.com.vn

Vietnam Electricity (EVN) is a State-owned economic corporation which plays a key role in ensuring electricity supply for national economy.. It provides energy related services including engineering, power plant operation and maintenance, construction, energy utilities -related service, and others. The company operates through 56 subsidiaries with 80,000 staff. EVNs Line Business: - Generation, transmission, distribution and trade of power energy; control and operation of the power generators, transmission, distribution system and load dispatching within national power system - Export and import of power energy - Management & Investment in Power project - Management, operation, repair, maintenance, overhaul, rehabilitation and upgrade of electrical, mechanical, control and automatic equipment

Top Utilities Companies in Vietnam

Key Statistics from 2022

In 2022, Vietnam's GDP reached an estimated $343 billion, with a growth rate of 6.5%. This growth has fueled a surge in demand for utilities, recycling, and waste management services, with the industry expected to reach a value of $2 billion by 2025. In 2022, the industry employed approximately 50,000 professionals, representing an increase of 8% from the previous year.

Factors Contributing to Its Growth and Success

The Vietnamese government's initiatives have played a crucial role in the growth of the Utilities, Recycling & Waste Management industry. The government has implemented policies aimed at promoting sustainable development, including the development of renewable energy and the reduction of waste. The government has also invested in infrastructure development, such as the construction of wastewater treatment plants and the expansion of the recycling industry.

The increasing environmental awareness among Vietnamese consumers has also contributed to the growth of the industry. Vietnamese consumers are becoming more conscious of the impact of waste on the environment and are willing to pay for environmentally-friendly products and services.

Industry Growth and Comparison to Previous Years

The Utilities, Recycling & Waste Management industry in Vietnam has grown significantly over the years, and 2022 was no exception. According to a report by Statista, the industry's revenue was estimated to be around $2.2 billion in 2022, with an expected annual growth rate of 6.9% between 2022 and 2025. This growth is impressive, considering that the industry's revenue was only around $1.1 billion in 2015.

In comparison to the previous year, the industry's revenue grew by approximately 8%. The growth was driven by an increase in demand for renewable energy and environmentally-friendly products and services.

Key Trends Including Technological Disruptions

The Utilities, Recycling & Waste Management industry in Vietnam is experiencing technological disruptions, which are changing the way manufacturers design, produce, and distribute their products. One significant trend is the increasing use of renewable energy. With rising energy costs and growing environmental concerns, Vietnamese consumers and businesses are turning to renewable energy sources such as solar and wind power.

Another trend is the increasing use of digital platforms to sell and distribute products and services. E-commerce platforms such as Lazada and Shopee have gained popularity among Vietnamese consumers, who prefer the convenience of online shopping. Manufacturers and service providers are now leveraging these platforms to sell their products and services directly to consumers, bypassing traditional brick-and-mortar retailers.

Challenges

Despite the impressive growth of the Utilities, Recycling & Waste Management industry, there are still some challenges that need to be addressed. One significant challenge is the lack of a well-developed waste management infrastructure. Vietnam generates around 28 million tons of solid waste annually, but only around 10% of this waste is recycled or treated. Developing a robust waste management infrastructure will be crucial for the industry's long-term growth.

Another challenge is the lack of public awareness and education about the importance of waste reduction and proper waste management. The government and industry stakeholders need to invest in public education campaigns to increase awareness and promote behavior change.

Future Outlook

The Utilities, Recycling & Waste Management industry in Vietnam has a bright future, with tremendous potential for growth. The industry is expected to continue to benefit from the government's policies and initiatives aimed at promoting sustainable development and reducing waste. The increasing demand for renewable energy and environmentally-friendly products and services and the growing public awareness about the importance of proper waste management are expected to drive the industry's growth.

One potential area of growth for the industry is the development of smart waste management solutions. With the increasing popularity of the Internet of Things (IoT), there is a growing demand for waste management solutions that can be monitored and managed remotely through smartphones and other connected devices. Manufacturers who can incorporate smart features into their waste management solutions could have a significant advantage in the market.

Another area of growth is the development of more efficient and cost-effective recycling solutions. Vietnam currently relies heavily on imported recycling technologies, which can be expensive and may not be suitable for local conditions. Developing locally appropriate recycling technologies will help reduce costs and increase the competitiveness of Vietnamese manufacturers.

Conclusion

In conclusion, the Utilities, Recycling & Waste Management industry in Vietnam has significant growth potential, driven by favorable government policies, increasing environmental awareness, and technological advancements. However, the industry still faces challenges that need to be addressed, such as the lack of a well-developed waste management infrastructure and public awareness about the importance of proper waste management. Manufacturers who can adapt to these challenges and leverage emerging trends such as smart waste management solutions and locally appropriate recycling technologies will be well-positioned for success in the Vietnamese market. Overall, the Utilities, Recycling & Waste Management industry in Vietnam has a bright future, and investors looking for opportunities in the Southeast Asian market should keep a close eye on this industry.

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By Melissa Goh
Published on 31 May 2023