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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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SGC Investment and Construction Joint Stock Company, commonly viewed as the “railway general contractor” within Vingroup’s ecosystem, has unexpectedly boosted its charter capital tenfold from VND 1,000 billion to VND 10,000 billion. The increase quickly places the company among the largest-capitalized players in Vietnam’s infrastructure construction sector.
With the new charter capital of VND 10,000 billion, SGC moves above several other large-cap infrastructure construction firms, including Coteccons (VND 1,087 billion), Hoa Binh Construction Group (VND 3,472 billion), Deo Ca Group (VND 5,471 billion), and Vinaconex (VND 6,464 billion).
SGC’s predecessor was CTCP Đầu tư và Xây dựng TPCON, established in January 2022 with an initial charter capital of VND 1,000 billion, mainly focused on site clearance. After multiple restructurings and name changes, the company adopted the name SGC in May 2025 and shifted toward rail infrastructure, including construction works, rail transport, and complex technical components such as TBM tunnels and bored piles.
The company currently employs around 100 staff and is led by Pham Van Khong as CEO and legal representative.
Alongside the capital increase, SGC announced plans to recruit up to 25,000 workers, signaling rapid scale expansion to meet demand from large rail projects.
Two high-speed rail lines are highlighted as key areas of focus:
The tenfold charter capital increase, combined with the recruitment plan of up to 25,000 workers, suggests SGC is positioning itself to support the execution and workforce needs of high-speed rail projects expected to come online between 2028 and Q4 2028.
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