COTECONS HONORED WITH MULTIPLE AWARDS AT VALUE500 – VBE500 – VBW10 – MAE50 CEREMONY

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).
Ms. Dinh Thi Hong Tham – Executive Assistant to the Chairman of the Board, receiving the Top 500 Vietnam Value Creators (Value500) on behalf of Coteccons.
Mr. Phan Minh Toan – Human Resource Management Manager, receiving the Vietnam Top 500 Best Employers Award (VBE500).

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.”

Ms. Nguyen Thi Thanh Huong receiving the Vietnam Top 10 Best Workplaces Award for Key Economic Sectors (VBW10) on behalf of Coteccons.

“OWN IT” and D.E.I – Foundations of Coteccons’ Corporate Culture

Since implementing its “OWN IT” corporate culture strategy at the end of 2022, Coteccons has steadily built a modern and open workplace where every individual is seen as an “Owner”—a contributor who creates value for the organization. This philosophy has not only empowered Coteccons’ workforce to maximize their potential but also laid the groundwork for sustainable growth and operational efficiency.

Diversity – Equity – Inclusion (D.E.I) is also a cornerstone of Coteccons’ human resource strategy. The company is committed to fostering an environment where every individual is respected, treated equally, and provided with optimal conditions to advance their careers. Recognizing people as the core asset of the organization, Coteccons has invested heavily in training and professional development through advanced Learning & Development systems. Additionally, Coteccons continually updates our performance evaluation processes—such as PMP, PDR, and PPP—to monitor, assess, and enhance the team’s capabilities, ensuring alignment between personal growth and organizational progress.

Commitment to Sustainability and Talent Development

With outstanding achievements in 2024, Coteccons reaffirms our dedication to innovation, fostering sustainable values, and creating an ideal work environment to attract and retain talent. These awards mark significant milestones in Coteccons’ journey to solidify our position not only as a leader in the construction industry but also as a pioneer in human resource and corporate culture development in Vietnam.

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Ho Chi Minh City, February 18, 2025 – In line with our commitment to transparency and best corporate governance practices, Coteccons Construction Joint Stock Company (HoSE: CTD) annouces receiving Decision No. 08/2025/QĐST-KDTM from the People’s Court of District 1 regarding the resolution of outstanding debt at a key project. With this settlement, Coteccons has made significant progress in bad debt recovery and is on track to exceed the commitment made at the 2024 Annual General Meeting (AGM) by the end of fiscal year 2025. This milestone underscores Coteccons’ ongoing efforts in debt recovery and reinforces our sustainable financial strategy, delivering direct value to shareholders and investors. According to Coteccons’ estimation, Vietnam’s construction industry is projected to grow by 13% to 15% in 2025, reflecting a robust rebound from global economic disruptions. Leveraging both industry momentum and internal strengths, Coteccons has set ambitious targets, including a revenue of VND 25 trillion for FY2025 and sustainable annual growth of 20–30% in top line and bottom line over the next 4–5 years. These targets are largely attributed to Coteccons’ “repeat sales” strategy and client-centric approach. By empowering project directors (PD Empowerment) with the flexibility to make agile and innovative decisions, Coteccons has consistently delivered high-quality projects on schedule. This approach has earned the trust of top real estate developers such as Vingroup, Sun Group, Ecopark, Capitaland, and others, resulting in repeat contracts accounting for approximately 70% of awarded projects. The aforementioned accelerated progress in debt recovery has been driven by proactive engagement

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