Coteccons Announces New Leadership

On November 05, 2021, Coteccons Construction Joint Stock Company (Code: CTD) recently issued a staffing structure that aligns with the company’s diversification strategy and announced a senior staff appointment to the Board of Directors.

With the increasingly fierce competition in the construction field, in addition to focusing on the core business by ensuring and improving the quality of works to approach international standards, the company must rapidly develop new business segments such as infrastructure, renewable energy; expand environment-friendly construction solutions; optimize technology, etc. Strategy to diversify business activities in the field with high intellectual and technological content will require focus on and investment more in human resources. Coteccons identifies people as the key factor and plays a critical role in the successful implementation of the strategy.

With the orientation, Ms. Pham Thi Bich Ngoc was appointed to the position of Deputy General Director of Human Resource Management, with the responsibility to continue appointing high-level human resources to serve the model of diversification and standardization of human resource management platforms such as evaluation system closely linked to business objectives, career development roadmap for employees, talent retention program, salary and benefit system linked to job performance…

Ms. Ngoc has joined Coteccons since May 2021 as a senior advisor to the Board. She graduated with a Master of Business Administration from Solvay University, a BA in English from the University of Social Sciences and Humanities and has 24 years of experience working for leading companies in Vietnam such as Techcombank, Masan, Prudential, MGM Grand Ho Tram, Bayer and Vietnam Airlines. In addition to her primary expertise in human resource management, Ms. Ngoc continues to serve as Senior Advisor to the Board of Directors, leading the transformation of organizational culture and customer experience, localizing training programs; ensuring to inherit the traditional values of Coteccons while meeting international standards.

In addition, the Company also announced that Mr. Michael Tran will be leaving Coteccons as of November 30, 2021, and thank him for his great contribution over the past year. Mr. Bolat Duisenov, Chairman of Coteccons shared, “Coteccons would like to express our sincere appreciation to Mr. Michael Tran for his tremendous contribution to our company over the past year, we recognize and appreciate his competent and professional work ethic, his commitment, dedication, and leadership, especially his great efforts in setting up the team and ensuring smooth operations at the sites. In particular, Mr. Michael Tran is one of the pioneers in building Coteccon’s transformation platform in the past year. Coteccons would like to wish that Mr. Michael Tran will continue to achieve further great success in his new chapter.”

 

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

Ho Chi Minh City, October 17, 2024 – Coteccons Construction Joint Stock Company (HoSE: CTD) is pleased to announce significant changes to its organizational structure, in line with the company’s new strategic priorities for 2025-2029. According to Board Resolution No. 24/2024/NQ-HDQT dated 17/10/2024, the following personnel changes have been made: Mr. Vo Hoang Lam, previously the CEO of Coteccons, will take on the role of Deputy CEO of Coteccons and General Director of CTD Business Unit 01. Mr. Lam will be fully focused on developing the infrastructure, public investment, FDI sectors, and other projects in the Central and Southern regions. Mr. Lam shared: “The decision to shift from overseeing general management as CEO to concentrating on infrastructure and FDI aligns with Coteccons’ current development stage. Now is the time to dive deeper and dedicate more focus to these specialized areas, as the potential is vast, and this focus will unlock significant opportunities in line with our strategic goals. With Coteccons’ upcoming growth objectives, we need a new CEO with diverse experience and capabilities, and we are committed to seeking external talent to help drive new capacities in sectors beyond our core construction business, which we have been pioneering for 20 years.” Mr. Pham Quan Luc, previously Deputy CEO of Coteccons, will also take on the role of Deputy CEO of CTD Business Unit 01, focusing entirely on advancing the infrastructure & public investment segment. Mr. Tran Ngoc Hai, previously Managing Director, will assume the position of Deputy CEO of

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​