Refrigeration Electrical Engineering Corporation Overview
Pro stress-test →REE produces, transmits, and distributes renewable electricity using hydro, solar, and wind power in Vietnam, while also engaging in trading, service supply, digital services, and strategic financial investments. The company was the first to be listed on the Vietnam stock exchange in 2000, establishing REE as a pioneering diversified business group.
Strategic Profile
Pro stress-test →REE has strategic interests in hydroelectric, solar, wind and thermal energy with a combined equity-adjusted power generation capacity of 1,051 MW as well as key holdings in water utilities with a total attributable water production capacity of 450,000 m3/day. REE has business operations in power and water utilities, mechanical and electrical engineering, air conditioning services, and real estate, positioning itself as a diversified infrastructure player aligned with Vietnam's renewable energy transition.
Competitive Landscape
Pro stress-test →REE M&E is a technical service provider, equipment supplier and mechanical electrical contractor with more than 45 years of experience, implementing large national projects such as Ben Thanh Metro Station in Ho Chi Minh City. In renewable energy, REE competes with other Vietnamese utility companies while leveraging its established position in mechanical/electrical engineering and real estate management alongside emerging competitors in Vietnam's growing solar and wind sectors.
Industry Context
Refrigeration Electrical Engineering Corporation operates in Diversified Infrastructure & Utilities (Renewable Energy, Water Supply, Engineering Services, Real Estate).
Key facts
Founded: 1977 · Headquarters: Ho Chi Minh City, Vietnam · Employees: 1,950 · Revenue: 9.37B VND (2022) · Market cap: 33.47T VND (~$1.37B)