- Constructing irrigation, hydropower, pumping station works.

- Designing and constructing industrial, civil and urban infrastructure works.

- Constructing foundations.

- December 04, 1975: Formerly known as Hydraulic Construction Company No.10 under Ministry of Irrigation was established;

- 1992: Moved the headquarter to Can Tho city and renamed as 40 Construction Company;

- May 28, 2001: officially transformed into 40 Investment and Construction Joint Stock Company with a charter capital of VND15,391,200,000;

- April 2008: Moved the headquarter to Binh Thanh district, Hochiminh city;

- December 30, 2015: Increased the charter capital to VND20 billion;

- January 18, 2018: Increased the charter capital to VND36 billion;

- June 12, 2019: Became a public company under the Document No.3611/UBCK-GSDC issued by the State Securities Commission of Vietnam (SSC);

- December 21, 2020: Listed on Hanoi Stock Exchange (HNX);