Coteccons and Dan Tri Electronic Newspaper sign a cooperation agreement to kick off the Build Tet 2023 project – The journey to build 12,000 Tet for construction workers

Ho Chi Minh City, December 12, 2022 – Coteccons Construction Joint Stock Company and Dan Tri Electronic Newspaper sign a cooperation agreement to launch the project “Build Tet 2023” with the companionship of the Ministry of Labor – Invalids and Social.

The program will be implemented synchronously on 60 operating sites of Coteccons across the country from January 4 to January 16, 2023, bringing 12,000 Tet gifts to construction workers.

Build 12,000 Tet for construction workers with Coteccons

Vietnam’s construction sector is characterized by its reliance on a workforce, commonly known as “construction workers.” Hardworking construction workers, on the other hand, are intrinsically less concerned with working conditions. As a construction industry leader and a partner to over 20,000 workers, Coteccons understands the challenges they face. After two years of COVID, construction workers are eagerly looking forward to this time; however, the construction business is witnessing various swings that influence construction workers’ psychology. As a result, Coteccons proposed launching a special project for the first time in the construction business, with the theme “Build Tet” and a message of heartfelt gratitude to the hardworking individuals who have been working on iconic projects with safety and on-time delivery.

Mr. Pham Quan Luc, Deputy CEO of Coteccons, shared: “Because the workforce is the center of Coteccons’ development and the main concern in allocating the company’s resources at the end of the year, we have balanced the company’s activities to focus on implementing “Build Tet.” With the companionship of 2000 engineers and employees and 500 partners and customers, we are giving 12,000 warm Tet gifts, which are far more valuable both in terms of spirit and material. “Build Tet” will be implemented synchronously at the construction sites on the final working days to assure construction progress.”

Dan Tri Electronic Newspaper—the information and communication agency of the Ministry of Labor, War Invalids, and Social Affairs—jointly implements the Build Tet 2023 project with the aim of Building Futures with sustainability values for the community and ensuring the rights of the workers.

In addition to gift giving, Coteccons will have many activities, such as cutting hair for workers at the construction sites, taking Tet photos, and giving away tickets/car rides back home.

Each Tet gift is worth 300,000 VND, helping the worker have a warmer Tet holiday.

Accompanying the project “Build Tet 2023,” Dan Tri Electronic Newspaper created a special column “Build Tet” with the aim of conveying the project’s message with many meaningful humanistic contents and at the same time bringing Tet welcoming stories, spreading love, positive values, and faith for a better life. The Build Tet column of Dan Tri’s electronic newspaper has a variety of content, fully reflecting the Tet atmosphere through the following sub-categories: Tet Rhythm, Warm New Year, Safe New Year, Tet Market, and Spring Palace. The column is created in a priority position on the Dan Tri homepage, released in December 2022.

Mr. Pham Tuan Anh, journalist and Editor-in-Chief of Dan Tri Electronic Newspaper, shared: “Dan Tri Electronic Newspaper always appreciates the good values that businesses contribute to the community. As a result, the collaboration with Coteccons for the 2023 Tet Construction project is part of the contribution that media organizations like Dan Tri Electronic Newspaper strive to convey to society.”We are committed to bringing meaningful and humane content from the project to all readers across the country.”

Following the success of the photo contest “Spring in Love” in 2021, Dan Tri continues to organize a photo contest “Working Beauty” with the desire to honor the images of Vietnamese workers on the occasion of spring. The contest looks for photos that capture moments in professional work, labor, production, and construction activities. The contest will be officially launched during the Lunar New Year of the Rabbit in 2023. Readers of the Dan Tri electronic newspaper can submit the photos through the landing page on the newspaper’s Tet special page.

Within the framework of the Build Tet 2023 project, 12,000 gifts given to construction workers are the beginning of the commitments made by Coteccons, Dan Tri, and their partners for the sake of the community. Moreover, this is also a driving force to promote not only Coteccons, Dan Tri but also other businesses to join hands to create a better future.

Dan Tri and Coteccons call on partners to join hands to donate gifts to bring a happy Tet to 12,000 construction workers across construction sites.

About Coteccons Construction JSC

Established in 2004, Coteccons has become a leading construction company in Vietnam. The company has grown both in size and reputation by implementing world-class projects in diverse fields such as residential, commercial, hotel, infrastructure, and industrial. Constantly improving and developing, Coteccons owns four unique and different values, called “COTECCONS INSIDE,” which have created prestige and brand. Specifically, Coteccons upholds its commitment to environmental sustainability in all projects, service and product diversification, customer experience focus and values in the process of operation, and business cooperation.

Website: https://www.coteccons.vn/

Media contact:

Mr. Nguyen Viet Thang, Head of Press and Shareholder Relations

Tel: 0965-965-361

About Dan Tri Electronic Newspaper

As the mouthpiece of the Ministry of Labour, Invalids, and Social Affairs, Dan Tri is proud to be a prestigious online newspaper with a leading readership in Vietnam with 17 years of continuous strong development, marked by a series of outstanding achievements. Dan Tri has grown to become the most prestigious electronic newspaper in Vietnam.

Website: https://dantri.com.vn/

Media contact:

Mr. Le Dong, Chief of the Office of the Dan Tri Electronic Newspaper,

Tel: 0973-567-567

RELATED POSTS

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

On the afternoon of October 24, 2024, at the Sheraton Hotel in Hanoi, Vietnam Report presented the PROFIT500 award, which recognizes the top 500 most profitable companies in Vietnam, to Coteccons (HoSE: CTD). With a profit exceeding VND 300 billion for the fiscal year 2024, and a compound annual growth rate (CAGR) of 20-30% over the past three years, Coteccons was also honored in the top 10 most profitable construction companies in Vietnam.   Previously, the credit rating organization Fiin Ratings – S&P Global Ratings had also upgraded Coteccons’ credit rating from BBB to BBB+, the highest rating ever given to a construction company. This achievement reflects Coteccons’ efforts and contributions to the construction industry and the development of Vietnam. This recognition also affirms the brand’s strength and the trust Coteccons has garnered from its clients over the years.  Positive assessments from prestigious organizations like Vietnam Report and Fiin Ratings further confirm confidence in Coteccons’ transparency and efficiency in recent years. This result will serve as a foundation for Coteccons’ development in the future. In the fiscal year 2025, Coteccons aims to continue its revenue growth of 20-30%, with post-tax profits expected to increase by 39% compared to 2024. This impressive growth aligns with Coteccons’ long-term vision of leading Vietnam’s construction industry to global standards.  The PROFIT500 award, organized by Vietnam Report, is one of the key events recognizing companies with outstanding achievements in profitability and revenue, as well as evaluating criteria related to company size. This event not only

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​