- Investing and constructing hydropower projects.

- Generating and trading electrical power.

- 18 May 2004: Cua Dat Hydropower Joint Stock Company was established with an initial charter capital of VND240 billion to invest and construct Cua Dat Hydropower Plant;

- 2007: Charter capital was raised up to VND380 billion;

- 12 July 2010: Renamed as Vinaconex Power Development and Construction Investment Joint Stock Company;

- 2015: Charter capital was increased to VND455,999,950,000;

- 16 December 2016: Traded on UPCOM market;

- 22 October 2018: Charter capital was increased to VND569,999,930,000;

- July 21, 2020: Renamed as VCP Power and Construction Joint Stock Company.

- June 04, 2021: Charter capital was increased to VND752,398,790,000;