MANDARIN ORIENTAL BEACHFRONT VILLAS PROJECT – DA NANG OFFICIALLY GROUNDBREAKS

On March 20, 2024, the Mandarin Oriental Beachfront Villas Project, developed by The Nam Khang Corporation, officially broke ground in Hoa Hai Ward, Ngu Hanh Son District, Da Nang City. 

The groundbreaking ceremony was attended by Mr. Dinh Ba Thanh – Client from The Nam Khang Corporation, along with representatives from the project operating unit. On behalf of Coteccons, Mr. Vo Hoang Lam – CEO, and representatives from various departments and the site management team were present. Additionally, the ceremony welcomed representatives from the British Consulate General in Ho Chi Minh City, local authorities, relevant agencies, and other partners. 

In his speech at the groundbreaking ceremony, Mr. Vo Hoang Lam, CEO of Coteccons, emphasized Coteccons’ role in the development of this iconic project in Da Nang City, a project that aims to redefine luxury living and services in Vietnam. 

 

“For Coteccons, we are pioneering a new standard for construction projects in Vietnam, with the goal of repositioning Coteccons as a ‘Global Brand’ in the future. We are building strategies, architecture, brand value ecosystems, brand culture, and international brand communication day by day. The collaboration and partnership with international brands like Mandarin Oriental are incredibly meaningful,” shared Mr. Lam. 

Mr. Vo Hoang Lam – CEO of Coteccons speaks at the Groundbreaking Ceremony

With expertise and experience from executing numerous projects in the Da Nang area, such as Intercontinental Son Tra, Fusion Da Nang, Casino Nam Hoi An, Novotel Song Han, The Nam Hai Resort, Hyatt Regency, The Ocean Villas, etc., Coteccons is confident that our core competencies and experience will deliver the best service quality, meeting international standards to satisfy Safety, Quality, Progress, and Customer Satisfaction requirements. Additionally, Coteccons commits to adhering to ESG principles, aiming towards sustainable construction and development aligned with community and societal benefits. 

The Mandarin Oriental Beachfront Villas Project in Da Nang features a construction area of 23,362 m², comprising 82 villas, including 20 villas with long-term ownership, along with service areas, amenities, and restaurants. Located on one of the world’s most beautiful beaches, as rated by Forbes, and only 15 minutes from Da Nang International Airport, the Mandarin Oriental Beachfront Villas Project in Da Nang is expected to deliver world-class experiences upon completion. 

RELATED POSTS

Hanoi, December 12, 2024 – Coteccons Construction Joint Stock Company proudly received prestigious recognition at the Value500 – VBE500 – VBW10 – MEA50 Awards Ceremony, an annual event jointly organized by Viet Research and Vietnam Investment Review (VIR). At the ceremony, Coteccons achieved certifications in four key categories: Top 500 Vietnam Value Creators (Value500): Ranked 120 out of 500 enterprises across all economic sectors. Vietnam Top 500 Best Employers (VBE500): Ranked 54 out of 500 enterprises nationwide. Vietnam Top 10 Best Workplaces in key economic sectors (VBW10): Secured the leading position in the rankings. Top 50 Most Attractive Employers (MAE50). Mr. Pham Trung Duc – representing the Human Resource Management Department, receiving the Top 50 Most Attractive Employers Award (MAE50).Milestones in Coteccons’ Sustainable Development and Human Resource Strategy The Value500 – VBE500 – VBW10 – MEA50 Awards Program aims to recognize enterprises that not only create outstanding economic value but also lead in sustainable development, innovation, and building high-quality human resources. Receiving these awards is a clear testament to Coteccons’ commitment to harmonizing sustainable values for all stakeholders, including shareholders, partners, the community, and employees. Ms. Nguyen Thi Thanh Huong, Coteccons’ Human Resource Management Director, shared: “These accolades are not just recognition of Coteccons’ collective efforts but also serve as motivation for us to continue investing in and developing our human capital. We firmly believe that human capital is central to every innovation and sustainable development strategy at Coteccons.” “OWN IT” and D.E.I – Foundations of Coteccons’ Corporate Culture

Ho Chi Minh City, November 5, 2024 – Coteccons has been recognized as a Vietnam’s National Brand 2024, marking a significant milestone in the company’s 20-year journey. This accolade acknowledges Coteccons’ persistent efforts to build sustainable value and establish itself as an industry leader, contributing to elevating standards within Vietnam’s construction industry.  RECOGNITION FOR LEADING THE VIETNAMESE CONSTRUCTION INDUSTRY  The Vietnam’s National Brand Program is a long-term government trade promotion initiative aimed at building a prestigious image for Vietnam through high-quality products and services. This title enhances the image of Vietnamese brands, contributes to foreign trade growth, and strengthens national competitiveness.  20 YEARS OF CREATING SUSTAINABLE VALUE  Founded in 2004, Coteccons rapidly developed into Vietnam’s leading construction company, with its mark on over 850 key projects across the country. Coteccons continuously adopts advanced technology to raise construction quality and safety standards, making significant contributions to Vietnam’s economic and social development.  INTERNATIONAL EXPANSION AND TECHNOLOGICAL INNOVATION  With a vision to become the safest construction conglomerate in the world, providing comprehensive solutions, Coteccons has established a robust network of partners at home and abroad, a solid financial foundation, and a dedicated team of engineers and experts. Coteccons emphasizes R&D, leading in the exploration of new construction solutions, the application of optimal materials, and innovation in construction methods to enhance quality, optimize costs, and minimize environmental impact. These initiatives help Coteccons maintain its top position and meet the increasingly high demands of both domestic and international investors and project developers.  Beyond its

Ho Chi Minh City, October 30, 2024 – Coteccons (HoSE: CTD) has published Q1 FY2025 financial report, showing impressive growth and securing several major projects that reinforce Coteccons’ leading position in Vietnam’s construction industry. By the end of Q1 FY2025, Coteccons achieved outstanding growth figures, with revenue reaching VND 4,759 billion, a 15.4% increase; gross profit at VND 205 billion, up 105%; and after-tax profit at VND 93 billion, a 39.46% year-on-year increase. Notably, the gross profit margin rose by 1.89%, reaching 4.32%, a result of Coteccons’ focus on high-margin projects and operational efficiencies implemented over the past two years. In recent times, the Debt Recovery Supervision and Risk Management Boards have effectively worked to reverse provisioning and reduce concentration risks. This quarter marks the first time since 2020 that the company has not made any additional provisions for bad debts.  Making strides with major projects in early 2025 Since the start of the 2025 fiscal year, Coteccons and Unicons have secured contracts for numerous large-scale projects across the residential, industrial, and infrastructure sectors, with a total contract value reaching VND 10.3 trillion. This strong start lays a solid foundation for the Company to achieve the business goals for the upcoming period. Notably, repeat sales accounted for 69% of total projects won, particularly with existing clients like Sun Group, Ecopark Group, BWID, and VinFast. Specifically, after successfully completing the foundation phase of the Sun Ponte Residence project with excellent progress and quality, Unicons has been entrusted with the main

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​