VINAINCON was formed in 1998 as the result of a merger among 9 medium-sized local construction companies under Ministry of Industry (now called as Ministry of Industry and Trade). The Company began to quickly establish itself as a professionally managed construction group and rapidly gained the market acceptance. 

The enlarged group enabled VINAINCON to complete various projects in all over the country. Their major businesses are construction, property development, installation and fabrication of non-standard steel structures, supply of construction materials, minerals. They can offer Engineering-Procurement-Construction (EPC) services for local and foreign clients.