- Manufacturing, repairing and installing mechanical spare parts.

- Construction of rural infrastructure, construction of irrigation works.

- Domestic business and import and export of materials and equipment.

- Trading in food and agricultural and forest products.

- Investment, construction of agricultural and forestry projects.

- Other business lines under business registration license.

- 1956: Established as 250A Wheel Tractor Fixing Factory;

- 1969: Renamed as Hanoi Wheel Tractor Fixing Factory;

- 1977: Renamed as Hanoi Agriculture - Mechanization Factory No.1;

- 1993: Renamed as Mechanization & Rural Development Company;

- 2003: Renamed as Hanoi Mechanization & Agricultural - Irrigation Construction Company;

- 2004: Equitized and renamed as Mechanization Electrification & Construction JSC with initial charter capital of VND12 billion;

- 2007: Renamed as Vietnam Mechanization Electrification & Construction JSC and Increased charter capital to VND66 billion;

- January 2009: Increased charter capital to VND132 billion;

- 24/09/2009: Traded on Ho Chi Minh Stock Exchange (HOSE);

- January 2010: Increased charter capital to VND145 billion;

- June 2010: Increased charter capital to VND188 billion;

- November 2010: Increased charter capital to  VND546 billion;

- June 2011: Increased charter capital to VND575 billion.

- October 27, 2021: Renamed as MCG Energy and Real Estate Joint Stock Company;