SOL E&C is the fastest growing company in the construction industry in 2024


In early 2024, SOL E&C was honored in the TOP 10 largest Vietnamese private enterprises in the construction industry. Following that success, according to the latest announcement of Vietnam Report's FAST500 ranking, SOL E&C was honored in the TOP 5 fastest growing companies in Vietnam in 2024 and is the leading company in the construction industry in terms of growth speed. 

According to information from Vietnam Report, the FAST500 ranking recognizes the achievements of companies with good business performance, based on the main criterion of compound annual growth rate (CAGR) in revenue. In addition, criteria such as total assets, owner’s capital, pre-tax profit and corporate reputation in the media, etc. are also used as supporting factors to determine the size and position of the companies within the proper industries.


List of TOP 10 fastest growing companies in Vietnam (left) and in the construction industry (right) announced by Vietnam Report

Since the Covid-19 pandemic period in 2021, the construction industry market has faced many challenges due to the difficult situation of the real estate market, the economic recession and continuous fluctuations in material prices. However, with the right development strategy, SOL E&C has continuously grown over the years and affirmed its strong brand position in the industry.


The Milwaukee Factory, built by SOL E&C, was achieved LEED Gold certification

With the advantage of owning a team of highly specialized and extensively experienced engineers, SOL E&C targets the construction segment of high quality projects, green buildings (LEED, Edge), with strict technical requirements according to international standards. Currently, the Company has been building many big projects such as large-scale FDI factories (Milwaukee Factory, Coca Cola Factory, John-Richard Factory, etc.), high-quality apartments (Masterise LUMIÈRE riverside, TBS Green Tower, etc.) or specific projects such as schools (Van Lang University - Phase 3, UTS International School) or hospitals (Hong Ngoc - Phuc Truong Minh Hospital Hanoi). In particular, SOL E&C is the build contractor of Long Thanh International Airport which is among the 16 most anticipated airports in the world. 


The BIM model applied by SOL E&C in many construction items to bring the highest quality to the project

Being the Design and Build General Contractor for projects with high technical requirements is a clear demonstration of SOL E&C's leading capacity and reputation in the construction industry market. The company's team of engineers constantly applies advanced construction methods and maximizes the value of the BIM model to solve quality problems while constantly improving and innovating construction management methods to bring to Clients the projects of outstanding quality, safety, on schedule, and meeting the highest committed requirements.