Coteccons Donates 1,000 “Building Tet” Gift Sets to Sanitation Workers in Ho Chi Minh City 

Ho Chi Minh City, January 30, 2024 – Coteccons Construction Joint Stock Company, in collaboration with the Department of Information & Communications and the Ho Chi Minh City Labor Federation, has launched a program to donate 1,000 “Building Tet” gift sets to sanitation workers in Ho Chi Minh City. 

The donation ceremony was held at Nguyen Van Binh Book Street, District 1, with the presence of Mr. Trinh Huu Anh – Head of the Publishing, Printing, and Distribution Department, Ho Chi Minh City Department of Information & Communications; Mr. Le Anh Tuan – Member of the Standing Committee, Deputy Head of Legal Policy Committee; Mr. Nguyen Trong Tinh – Director of Social Work Center, Ho Chi Minh City Labor Federation; along with local authorities, Coteccons leadership, and workers. 

This event is part of the larger “Building Tet 2024” program, jointly organized by Coteccons and Nhan Dan Newspaper, aiming to deliver nearly 17,000 Tet gift sets to workers across the North, Central, and South regions of Vietnam, focusing on cities such as Hanoi, Hung Yen, Quang Ninh, Quang Ngai, and Ho Chi Minh City… 

Recognizing the immense contributions of sanitation workers, the program seeks to express gratitude and appreciation for their hard work. “Building Tet” is not only a meaningful initiative but also an opportunity to bring people together and foster stronger community bonds.   

In his speech, Mr. Trinh Huu Anh thanked Coteccons for the company social responsibility efforts, particularly in caring for workers by distributing nearly 30,000 “Building Tet” gifts over the past two years, including many workers in Ho Chi Minh City. 

Mr. Trinh Huu Anh – Head of Publishing, Printing and Distribution Department, Department of Information and Communications of Ho Chi Minh City spoke

“For Coteccons, showing appreciation to the workforce is paramount. We are in this beautiful city surrounded by magnificent and clean buildings, thanks to the sweat and tears of countless workers who have built these great structures. Sadly, society’s recognition of their contribution often falls short. Coteccons is committed to spreading this message of gratitude to all direct workers,” said Mr. Vo Hoang Lam, CEO of Coteccons. 

Coteccons is dedicated to recognizing the hands that build monumental projects. “Building Tet” is an initiative the company strives to maintain and expand annually. In addition, Coteccons is committed to creating a professional, fair, and sustainable working environment for workers through various activities such as safety training, gift exchanges, and summer cooling water programs. Through these efforts, Coteccons aims to make a positive impact on the construction industry and society. 

Mr. Vo Hoang Lam, representing Coteccons, presented a symbolic board of 1,000 gifts to the Ho Chi Minh City Labor Federation under the witness of the Ho Chi Minh City Department of Information and Communications.
Coteccons representative received a thank you flower basket from Mr. Trinh Huu Anh, representative of the Department of Information and Communications of Ho Chi Minh City.

With the expansion of the program each year, Coteccons hopes to spread and call for the consensus of units, partners, and ministries and departments to join hands to protect workers – the vulnerable group in the industry value chain. 

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​