- 1976: Lilama 5 Joint Stock Company, formerly Thanh Hoa Installation Construction Site, was established.
- 1978: Thanh Hoa Installation Construction Site was renamed as Installation Enterprise No.5.
- 1979: Installation Enterprise No.5 was merged with Ha Nam Ninh Installation Enterprise No. 4 to establish Installation Enterprise Association No.45.
- 1993: Installation Enterprise Association No.45 was changed to Installation Enterprise No.5.
- December 1, 1995: Installation Enterprise No.5 was renamed as Installation and Construction Company No.5.
- July 2006: Company was equitized and renamed as Lilama Joint Stock Company No.5 with initial charter capital of VND10 billion.
- June 2009: Increased charter capital to VND50 billion;
- December 21, 2009: The company's stock was listed on HNX.
- August 08, 2016: Increased charter capital to VND51,498 billion.
- May 13, 2021: Traded on UPCOM market;