Prior to 1996, the Huong Giang Corps had some of units and construction sites operating in the field of construction: 30/4 coal mining enterprise, 17/5 construction materials enterprise, Lao wood exploitation enterprise, 1/5 enterprise , H1-Yen Hoa Construction Site. On April 18, 1996, the Minister of Defense issued Decision No. 501 /QD-BQP on the establishment of Huong Giang Company/ Ministry of Defense on the basis of merging these enterprises and construction sites into One. With initial capital of 2.913 billion VND, equipment is not synchronized, the company has been doing business mainly in the construction of civil and industrial projects, transport traffic level IV and level V, production of building materials. The area of operation initially narrow, mainly the construction of the Corps II and some units, the schools and academies of Military.
According to the policy of the Government and Ministry of Defense on the equitization of enterprises, companies in the Army, on April 13, 2005, the Minister of Defense issued Decision No 649 / QĐ-BQP on transferring the Huong Giang Company / BQP into Huong Giang Consultancy, Investment and Construction Joint Stock Company, that was opened up to a new direction and sustainable development.
After more than one year of equitization, to expand the market and facilitate the investment projects of the company, the Company has proposed the plan to increase chartered capital and approved by the Ministry of Defense. The charter capital of the company increased from 9 billion VND to 14 billion VND with the state capital contribution of 32.78%, capital contributions of other shareholders is 67.22%. And by 2012 the charter capital of the company increased to 19 billion VND.
Over the past 20 years of continuous operation and development, the company has expanded its market to many more branches and areas of operation throughout the provinces in the country. The company has attracted and trained technical staff, skillful workers with high level responsibility. The company has participated in the construction of many big projects of great social and political significance. Typically, it is involved in the reconstruction of Quang Tri Citadel, the relics of the river shores of Hien Luong. Buildings of cultural houses, sports competition halls, high-rise apartment buildings, reinforced concrete bridges, roads and irrigation systems … on all regions of the country.
The company reorganized the personnel structure, established 3 subsidiaries, 6 branches, 12 production teams and other projects; participated in more than 24 provinces of the country. The company has attracted the attention of building a team of technicians, skilled workers, investing in modern machineries and equipments to enhance their capacity and affirm their position in the market.
By the method of professional construction organization, always ensure the progress and quality of the constructions and projects, the Company is now one of the prestigious Contractors is trusted by many investors. The technical staffs of the company constantly cultivate moral qualities, improve the level of knowledge, quickly approach modern scientific technology, united to build the company increasingly developed.