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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, and BWID. 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 construction
- October 30, 2024
- October 30, 2024
- October 30, 2024
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
- October 25, 2024
- October 25, 2024
- October 23, 2024
On the morning of October 19 at Coteccons headquarters, Coteccons Construction Joint Stock Company (HOSE: CTD) held the 2024 Annual General Meeting of Shareholders. “Thank you for taking the time to join us here at the AGM. Last month, we held a shareholders’ dialogue, which enjoyed the participation of nearly 1000 guests across more than 4 hours of discussion on various agenda, intending as an open and transparent disclosure of information with shareholders”, Mr. Bolat Duisenov – Chairman of the BOD commenced the General Meeting. “We would like to present a challenging yet ambitious target for 2025 at today’s General Meeting of Shareholders (AGM)”, Mr. Duisenov announced. “We wish to be recognized as an Industry Leader” Mr. Bolat Duisenov – Chairman of Coteccons Board of Directors began the General Meeting with an impressive remark: “From my personal viewpoint, Coteccons, who has undergone 20 years of trials, and who has accumulated a wealth of experience, energy, confidence, and a sound vision, is at its peak today. As part of the team, I would like to affirm that we are ready to take the next big step: securing recognition as an Industry Leader.” For Coteccons, taking on the mission of Industry Leader goes beyond market share, rather setting sight on a much larger and more meaningful concept. Coteccons wants to become one that sets trends, leads the pack, innovates, and brings global solutions into practice in Vietnam. We must become an ambassador and the front line in urging the construction industry
- October 20, 2024
- 17/10/2024
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
- October 17, 2024
- October 17, 2024
On September 29, 2024, FiinRatings, a leading credit rating agency in Vietnam and a technical partner of S&P Global Ratings, upgraded Coteccons’ long-term credit rating from BBB to BBB+ with a “Stable” outlook. This recognition is a proud achievement for Coteccons after three years of restructuring and operational stabilization. The company has consistently improved its profitability, operational efficiency, and the quality of its receivables by shifting towards projects with stronger cash flows, especially FDI projects. This result is particularly meaningful as the A-category ratings are typically reserved for energy companies and banks, and no construction company has ever been rated in this group. Coteccons is also the only construction company to achieve a BBB+ rating, the highest in the B-category. Source: Vietnam Corporate Bond Market Research Report, FiinRatings When compared to organizations in the banking sector, Coteccons’ credit rating is on par with or higher than 15 credit institutions (according to 2023 data from FiinRatings). Source: Vietnam Corporate Bond Market Research Report, FiinRatings According to FiinRatings, “Coteccons has shown remarkable resilience in maintaining its leading position following the restructuring phase, despite the high-risk nature of the construction industry and challenging macroeconomic conditions. This resilience is reflected in its strong and sustained growth in revenue and backlog, along with notable and consistent improvements in profit margins, operational efficiency indicators and account receivables quality.” Ambition to Become a “Unicorn” in Construction with “Gazelle-Like” Performance By the end of FY2024, Coteccons achieved a revenue of VND 21,045 billion, a 30.8% increase compared
- October 16, 2024
- October 8, 2024
Hanoi, October 5, 2024 – At the Vietnam Construction Awards 2024 event, Coteccons Construction Joint Stock Company (HOSE: CTD) and Unicons Construction Investment Company Ltd. proudly received recognition in the following categories: Top 5 Most Reputable and Quality Contractors in Vietnam and Top 5 Construction Enterprises of the Year 2024. The awards were assessed and organized by the Vietnam Construction Association, a member of the Vietnam Union of Science and Technology Associations and a member of the Asian Civil Engineering Coordinating Council (ACECC). The awards honor businesses and contractors who have made outstanding contributions to the construction sector. Coteccons leads both categories, reaffirming its position as a top industry player with ambitions to be recognized as the “Industry Leader” in Vietnam’s construction industry. The event was attended and chaired by Dr. Dang Viet Dung, Chairman of the Vietnam Construction Association. Other notable attendees included Mr. Bui Xuan Dung, Deputy Minister of Construction; Mr. Le Trung Thanh, Director of the Department of Building Materials (Ministry of Construction); Prof. Dr. Nguyen Van Lien, former Deputy Minister of Construction and Vice Chairman of the Vietnam Construction Association; Mr. Tong Van Nga, former Deputy Minister of Construction and Vice Chairman of the Vietnam Construction Association; Dr. Hoang Van Thang, former Deputy Minister of Agriculture and Rural Development and Vice Chairman of the Vietnam Construction Association; and Mr. Pham Khac Thuong, General Secretary of the Vietnam Construction Association. Also in attendance were representatives from various provincial Departments of Construction, officials, experts, scientists, and a
- October 6, 2024
On the afternoon of October 3, 2024, at the Government Office, Coteccons had the honor of attending the Prime Minister’s working session with contractors, construction associations, and unions. The session provided Coteccons the opportunity to contribute ideas on addressing difficulties and obstacles in the construction of national key projects. Prime Minister Pham Minh Chinh presided over the meeting, with the participation of Politburo member and First Deputy Prime Minister Nguyen Hoa Binh; Central Committee members: Deputy Prime Ministers Tran Hong Ha and Ho Duc Phoc; Minister and Chairman of the Government Office Tran Van Son; Minister of Construction Nguyen Thanh Nghi; Minister of Natural Resources and Environment Do Duc Duy; leaders of ministries, central agencies; and representatives of nearly 30 enterprises and contractors involved in the construction of key national projects, as well as construction associations. The meeting highlighted numerous current challenges in the implementation of national key projects. Coteccons is well aware of these difficulties but remains optimistic about the market’s future and continues to pursue sustainable development. We strongly believe in the Government’s leadership and the upcoming development directions. Additionally, Coteccons is grateful for this opportunity to contribute our voice alongside the Government and construction enterprises in developing the nation’s infrastructure. At the conference, Mr. Pham Quan Luc, Deputy General Director of Coteccons, presented five strategic proposals to help resolve obstacles and create favorable conditions for major contractors wishing to contribute to national key projects, including: First, relaxing criteria related to similar experience: Evaluating contractor capacity based
- October 4, 2024
- 27/09/2024
I. Meeting documents 1. Meeting invitation notice 2. Power of Attorney II. AGM 2024 Documents IV. Draft AGM Resolutions V. Tutorial to attend online AGM
- September 27, 2024
- September 27, 2024
- September 24, 2024
- September 19, 2024
While many companies strive to become the “king” of the market – the Market Leader, Coteccons introduces a new term: Industry Leader. Many are skeptical and consider it merely a marketing message from a “dreamy builder.” In reality, Coteccons has specific strategies in place to become a pioneer and lead the entire Vietnamese construction industry forward while also achieving significant accomplishments in revenue growth and sustainable development. To ensure transparency after closing the 2024 fiscal year (from July 1, 2023, to June 30, 2024), on September 18, Coteccons Construction Joint Stock Company (Stock Code: CTD) held a shareholder dialogue at a unique location – the Lotus Tower construction site in Ben Nghe Ward, District 1, Ho Chi Minh City. The event, as described by Mr. Bolat, aimed to “transform Coteccons into an open book, ready to disclose all information with nothing to hide from.” Not afraid to become the crazy ones, go against the grain and take on challenges to become an Industry Leader People say the “Market Leader” is the king of the market, so what does “Industry Leader” mean? What advantages and challenges that Coteccons face in becoming an Industry Leader? Mr. Bolat Duisenov: Coteccons aims to become an Industry Leader, not a Market Leader. A Market Leader focuses on leading in revenue and profit indicators, sometimes even “destroying the industry” to maintain financial dominance. In contrast, an Industry Leader “lifts up” – leading the entire industry forward in every aspect. As I often mention, we are
- September 19, 2024
On September 13, 2024, at the Coteccons headquarters, the Coteccons Training Academy (CTA) organized a workshop titled “Accident-Free Work Environment” to raise awareness about occupational safety and discuss ways to build a safe working environment for all employees working at Coteccons Group. As one of Coteccons’ core values, safety culture is always a priority, and it is also a leading standard in the construction industry. Coteccons not only focuses on providing high-quality services to partners and investors but also aims to create a safe and comfortable working environment throughout the working process for all employees. This workshop attracted the participation of leaders and employees from member companies such as Unicons, UG M&E, Sinh Nam Metal, along with project directors, division directors, and site managers from various construction sites. The workshop began with an introduction to the goals and main content. Participants then reviewed the safety factors and strategies Coteccons is implementing to become the “Safest Workplace.” Speaker Mr. Đỗ Dương Trúc – Coteccons’ Safety Director, emphasized the importance of raising awareness about occupational safety. He also shared useful information about the advanced measures and technologies that Coteccons is pioneering to enhance the quality of the work environment at construction sites. At the same time, he stressed that preventing accidents is not only the responsibility of management but also of every individual in the company. The subsequent discussion delved into how to build and maintain a safe working environment. Members of Coteccons Group had the
- September 18, 2024
On September 17, 2024, Coteccons Construction Joint Stock Company, in collaboration with the People’s Committee of Tuyen Hoa District, Quang Binh Province, and local authorities, held a groundbreaking ceremony for planting trees in the nature reserve buffer zone protecting the white-cheeked gibbon population in Dong Hoa Commune, Tuyen Hoa District, Quang Binh Province. This project is funded by the GreenUP Marathon. Inspired by the GreenUP Marathon’s green vision, Coteccons pledges to plant one tree for every 5 km completed by a participant. After two seasons of the race—2022 in Quang Binh and 2023 in Binh Duong—more than 22,000 trees have been planted to reforest protective forest areas in Quang Binh Province. Continuing this tradition, in 2024, Coteccons committed to planting 11,111 trees, including species such as Chukrasia velutina, Erythrophleum fordii, Tarrietia javanica, Baccaurea, and Sarcocephalus coadunatus Druce, across 10 hectares of forest in the buffer zone of the white-cheeked gibbon population in Dong Hoa Commune, Tuyen Hoa District, Quang Binh Province. This initiative follows the GreenUP Marathon – Long An Half Marathon 2024, held on August 24 in Long An Province. Speaking at the Tree Planting Ceremony, Mr. Dinh Tien Dung, Vice Chairman of the People’s Committee of Tuyen Hoa District, Quang Binh Province, stated: “On behalf of the People’s Committee of Tuyen Hoa District, I would like to thank Coteccons Construction Joint Stock Company for this meaningful initiative for Tuyen Hoa District in general, and for Dong Hoa Commune and the surrounding white-cheeked gibbon population in particular. This
- September 18, 2024
- September 13, 2024
- August 23, 2024
- August 23, 2024
- August 9, 2024
Ho Chi Minh City, August 2, 2024 – Coteccons Construction Joint Stock Company (HOSE: CTD) is proud to be recognized in the “Top 50 Corporate Sustainability Awards (Top 50 CSA)” list by Nhịp Cầu Đầu Tư magazine in two key categories: Minimize Carbon Footprint and ESG Leadership. This award acknowledges Coteccons’ relentless efforts in pioneering innovative ESG (Environmental, Social, and Governance) practices. Coteccons has taken the lead in addressing fundamental, core environmental and social challenges within the construction industry, such as reducing emissions and managing a green supply chain—challenges that no other companies in the industry have yet tackled. At the “Green Impact 3P Summit,” Mr. Bolat Duisenov, Chairman of the Board of Directors, shared: “ESG is a choice for businesses, not an obligation. ESG is a marathon of resilience and consistency, and at the same time, it is an inevitable trend. Our long-term benefit is to build a brand image as a global business and a leading company in Vietnam’s construction industry.” Beyond being a pioneer, Coteccons continuously strives to implement ESG comprehensively, ensuring that ESG compliance and practices extend not only within the company but also throughout its supply chain and partnerships. The goal is to achieve a sustainable balance among the three key pillars: economy, society, and environment, as well as among profit (Profit), people (People), and the planet (Planet). Most recently, Coteccons and LIXIL Vietnam—a member of Japan’s LIXIL Group—officially signed a memorandum of understanding for strategic cooperation, aimed at pursuing a
- August 2, 2024
On July 31st, 2024, in Hanoi, the Vietnam Intellectual Property Association held the “Famous Brands – Vietnam Competitive Brands 2024” certification ceremony. Coteccons was proud to be recognized among the “Top 20 Famous Brands of Vietnam.” After three years of restructuring, Coteccons has achieved many impressive business results and has been highly regarded by prestigious domestic and international organizations. Currently, the company leads the rankings of Vietnam’s building contractors (VNR), Best Workplace in the Construction Industry (VBW10), Top 50 Outstanding Enterprises in Vietnam, a constituent of the VNSI Vietnam Sustainability Index (HOSE), and a leader in Diversity, Equity, and Inclusion (D.E.I.). Additionally, Coteccons is the largest construction enterprise in Vietnam listed in the Fortune Southeast Asia 500. Alongside the title of ” Outstanding Unit” at the WeChoice Awards 2023, this is a remarkable event, as Coteccons—primarily a B2B (Business-to-Business) company and the only construction contractor—was highly rated in an award where B2C (Business-to-Customer) companies dominate. This achievement solidifies Coteccons’ transformation from a B2B company to a B2B2C (Business-to-Business-to-Customer) model, with the goal of becoming a B2C company. This recognition is a valuable testament to the relentless efforts of the entire Coteccons team in building and developing the brand, reaffirming the company’s “Industry Leader” position in the construction industry. We sincerely thank our valued customers, partners, and the community for their support and trust over the years. This acknowledgment will be a great motivation for Coteccons to continue expanding internationally and delivering sustainable values to the community and society.
- July 31, 2024
HCMC, July 30, 2024 — Coteccons Construction Joint Stock Company (HOSE: CTD) has released its consolidated financial report for the fourth quarter of 2024. Key financial indicators, including revenue and profits, have shown significant growth compared to the previous year. For the fiscal year ending June 30, 2024, Coteccons achieved a revenue of 21,045 billion VND, marking a 30.8% increase compared to fiscal year 2023, achieving 118% of the company’s previous business plan target at 17,793 billion VND and 105% of the newly adjusted plan at 20,000 billion VND. Gross profit almost doubled from the prior year, reaching 712 billion VND. Profit after tax rose by 343%, amounting to 299 billion VND, achieving 109% and 104% of the old and new business plan targets, respectively. In 2024, Coteccons secured new contracts worth 22 trillion VND, providing a strong foundation for achieving next year’s production and business goals. Notably, 41 of these projects are the result of the company’s successful “repeat sales” strategy, indicating a high level of trust and satisfaction from existing clients. This strategy, along with Coteccons’ focus on construction quality and customer care, distinguishes the company in the competitive construction market. In addition to winning new projects, Coteccons has also earned the trust of new clients for projects such as Pandora Factory, Suntory PepsiCo Factory, Westlake Residential, Legend City Urban Area, Logos Yen Phong BN 2 Factory, Eaton Park Residential Area, Sembcorp Logistics Park Thuy Nguyen, and the East Da Nang apartment complex. SG&A expenses increased by
- July 30, 2024
- July 30, 2024
- 20/07/2024
On July 20th 2024, the Board of Directors of Coteccons Construction Joint Stock Company (Stock code: CTD) has issued a Resolution approving the resignation of Ms. Cao Thi Mai Le from the position of Chief Accountant of the Company from August 15, 2024 and appointing Ms. Tran Thi Thanh Van – Currently Deputy Manager of Finance and Accounting Department to be the Person in charge of Accounting. Ms. Thanh Van has more than 08 years working at Coteccons, experiences various positions in the Finance and Accounting Division and she is among our leadership succession pipline. The company recognizes the valuable contribution of Ms. Mai Le and her team in taking the 1st step launching the Digital Solutions for Cost management and Construction efficiency, Project management, setting a solid foundation for development. “As Finance and accounting is one of the important pillars of the enterprise, the Finance and Accounting department always adheres to transparency and integrity in reporting, reflecting the operations and effective implementation of strategies to serve the interests of shareholders, customers and employees of the company. That is also the values that I myself pursue and practice at Coteccons during my tenant, especially in the transition period, I believe that 2025 will be the hinge year for CTD continous growth toward the vision of being an Industry Leader” Ms. Cao Thi Mai Le shares. Mr. Bolat Duisenov, Chairman of the Board of Coteccons said: “Ms. Mai Le has left a remarkable achievement in promoting the application of transparency standards
- July 20, 2024
COTECCONS CONSTRUCTION JOINT STOCK COMPANY (Coteccons) hereby announces the conclusion of the dispute case No. 49/23/HCM regarding the payment obligation to BOHO DECOR COMPANY LIMITED (Boho). In the time of 2020, Coteccons and Boho had signed and implemented Contracts in which Boho was the subcontractor for Coteccons in designing, supplying, and finishing the interior of the construction investment projects (Phase implemented by the former leadership). On April 18, 2023, Boho sent a document requesting Coteccons to pay approximately VND 44 billion related to the transactions in the above-mentioned period. When reviewing the records and legal documents, Coteccons found that making the payment as requested by Boho would affect the rights and interests of shareholders. The reasons are: (i) The documents attached to Boho’s payment request lack a legal basis and it is impossible to determine the amount to be paid; (ii) the signed Contracts are transactions with related parties but have not been approved by competent authorities in accordance with the provisions of the Law on Enterprises and the Law on Securities; (iii) The State Securities Commission has issued a decision to impose administrative sanctions on the types of transactions with related parties that occurred during the above-mentioned period. In the spirit of cooperation, Coteccons has repeatedly proposed to organize a meeting for the two parties to clarify Boho’s payment request and provide documents proving the payment value. However, Boho has decided to file a lawsuit at the Vietnam International Arbitration Center, Ho Chi Minh City Branch (“VIAC“). Throughout
- July 20, 2024
- July 19, 2024
Hanoi, July 16, 2024, Coteccons Construction Joint Stock Company (HoSE: CTD) and Daewoo Engineering & Construction Co., Ltd. signed a memorandum of understanding on international cooperation with the aim of jointly developing potential project opportunities in the construction sector in the global market (including Vietnam). Representative of Daewoo E&C (right) and representative of Coteccons (left) at the MOU ceremony Accordingly, Daewoo and Coteccons will cooperate in large-scale EPC (engineering, procurement, and construction) projects in Vietnam released by the public sector or government-related entities, as well as other EPC projects in the global market where Daewoo participates as the main contractor and intends to subcontract a certain part of the works. Daewoo and Coteccons will cooperate in EPC projects globally Established in 1973, Daewoo E&C has contributed to the economic development of Korea as well as the world and is a leading enterprise in the construction industry in Korea. With passion, dedication, continuous innovation, and modern technology, Daewoo E&C has successfully invested in and developed many quality projects globally, including architectural, civil engineering, petrochemical, and power generation activities. In addition, Daewoo E&C has chosen Vietnam as a key market to expand its business, realize real estate development projects, and contribute to creating a modern and spacious urban appearance for Vietnam. Speaking at the signing ceremony, Mr. Jung Won Ju, Chairman of the Board of Directors of Daewoo E&C, expressed: “Today’s signing ceremony is a remarkable milestone for the cooperation between Daewoo E&C and Coteccons. In the international market, we are
- July 17, 2024
- June 26, 2024
Ho Chi Minh City, June 24, 2024 – Fortune magazine, a renowned global business publication, has for the first time released a list of the largest companies in Southeast Asia. Notably, Coteccons, the largest construction company in Vietnam by scale, has been featured in this list for the construction industry. FORTUNE SOUTHEAST ASIA 500 CONFIRMS COTECCONS’ LEADING POSITION Fortune Southeast Asia 500, a list of the top 500 largest companies in Southeast Asia, screens companies through a rigorous process. The indexes are collected publicly and transparently through data provided by businesses to competent state agencies and are re-certified by two third-party independent testing organizations, Refinitiv and S&P Global Market Intelligence. Coteccons, recognized as the largest construction company in Vietnam by scale, appearing on this list reaffirms its leading position in the Vietnamese construction industry. This also attests to Coteccons’ impressive business results and financial strength in a transparent manner. In particular, this recognition comes as Coteccons prepares to conclude its fiscal year on June 30, 2024. The current business growth trend indicates that Coteccons’ revenue is expected to exceed the 2024 target by more than 20,000 billion VND. With pioneering steps, Coteccons has made its mark with sustainable construction projects, including the Pandora factory—Pandora’s largest factory in Southeast Asia, meeting LEED standards; the Lego Factory—Vietnam’s first carbon-neutral factory; the Suntory Pepsi Factory—a project applying the most modern green technology in the Asia-Pacific region; and the Logos Project—a high-quality complex of warehouses, factories, and offices for rent. SWEET FRUITS FOR
- June 25, 2024
– In support of the Green Vietnam project, Coteccons pledges to donate one green tree for each athlete who completes 5 km. – 11,000 trees in each province will contribute to the goal of planting primary forests in Quang Binh and Quang Tri. Ho Chi Minh City, June 18, 2024 – Coteccons Construction Joint Stock Company (HoSE: CTD) in partnership with Tuoi Tre Newspaper, Department of Culture, Sports and Tourism of Long An Province and Dong Tam Company held a Press Conference to announce the launch of the third season of GreenUP Marathon – Long An Half Marathon 2024 with the message “Run beyond the finish line”. The running event is expected to attract more than 4,000 athletes to participate in Can Giuoc District, Long An Province on August 24, 2024, with 3 distances: 5km – 10km – 21km. Accordingly, the Organizing Committee offers a special prize, which is an airplane ticket and a ticket to participate in the Laguna Phuket Marathon, taking place in Thailand in 2025 for the First Male – First Female position at the 21km distance. The first marathon to cross an international port in Vietnam Keeping the criteria of a unique running route, GreenUP Marathon season 3 gives athletes a different experience with a unique running route – through Long An International Port, the export and import center of the Mekong Delta region, or a chance to admire the tallest flagpole in Indochina with a windy view of the Soai Rap river channel,
- June 18, 2024
Despite the prevailing downturn in the construction market due to the real estate sector’s struggles, Coteccons has made impressive strides with the 1Q2024 business results standing out as a significant bright spot. Notably, in May alone, the company commenced two major FDI construction projects, Pandora and Logos BN 2. Quoted from Market commentary – May 2024 from KIM Vietnam Fund Management Company Limited (KIM Vietnam): “[…] Coteccons Construction JSC (HOSE: CTD), one of the leading contractors, also performed nicely and contributed to the growth of the sector this month. In the context of construction and real estate gradually recovering thanks to supportive policies and economic stimulus, CTD has secured significant contracts from FDI enterprises that have proven their competitive ability and construction capacity. Vietnam becoming an attractive destination for FDI would bring more value to contracts for CTD in the future.” “[…] At sector level, we are optimistic about the outlook of the Industrial sector, particularly the aviation and the construction sub-sectors where leading companies such as ACV, HVN, and CTD have posted robust earnings results in 1Q2024.” On May 28, 2024, Korean Fund – KIM Vietnam officially became a major shareholder by purchasing 200,000 CTD shares. This acquisition increased their total holdings in Coteccons to 5.04 million shares, equivalent to 5.05% of the company’s capital. For detailed Market commentary – May 2024 from KIM Vietnam Fund Management Company Limited, please see: https://koreainvestment.com.vn/en/research/market-monthly-commentary-may-2024 (Eng) https://koreainvestment.com.vn/en/research/diem-tin-thi-truong-052024 (Vie)
- June 5, 2024
- June 5, 2024
On May 31st, 2024, in Ho Chi Minh City, Coteccons and its subsidiary, Unicons, were honored with the prestigious Top 10 Contractors 2024 award by BCI Central. This marks the 19th year that BCI Central has recognized leading firms in the Architecture, Real Estate, and Construction industries across seven countries and regions in Asia, including Hong Kong (China), Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. The Top 10 Contractors (2024) were selected based on the total construction value of all projects initiated during the two-year period from January 1st, 2022, to December 31st, 2023, with additional weight given to projects holding Green certifications like LEED, Lotus, Green Mark, Green Star, and EDGE. Further consideration was given to specific project types, including Office/Headquarters, Hotels/Resorts, and Industrial/Factory projects. This success is a testament to the continuous efforts of Coteccons – Unicons to pursue the goal of becoming an Industry Leader by focusing on people and sustainable values. Coteccons – Unicons have been at the forefront of implementing ESG (Environmental, Social, and Governance) practices in the construction sector, with 46 projects achieving Green certifications such as LEED and Lotus. This reflects our strong commitment to sustainable and responsible construction. Coteccons – Unicons will not rest on their current achievements but will continue to aim for even higher goals in the future. With a focus on sustainable development, the company will further enhance project quality, ensure transparency and integrity in all business activities, continually improve the working environment for employees, and make
- June 1, 2024
- April 27, 2024
On April 25, 2024, the Board of Directors of Coteccons Construction Joint Stock Company (stock code: CTD) approved the Decision to revise the business plan for fiscal year 2024 (spanning from July 1, 2023 to June 30, 2024). Specifically, Coteccons sets a new revenue target of 20,000 – 20,500 billion VND, replacing the earlier-approved goal of 17,793 billion VND. This adjustment also translates into a revised post-tax profit goal, shifting from the previous aim of 274 billion VND to 288 – 296 billion VND. Coteccons announced the decision to raise its new business goal after assessing positive results that maintained the growth trend during the first 9 months of the new fiscal year. By the end of March 2024, Coteccons’ revenue reached 14,400 billion VND, completing 81% of the planned target. Additionally, profit after tax amounted to 240 billion VND, occupying 88% of the proposed plan. Other financial indicators also demonstrate growth trends, both financially and operationally. Notably, Coteccons has enhanced the quality of accounts receivable by allocating provisions of 180 billion VND for bad debts. Moreover, general and administrative expenses have decreased by 16 billion VND, marking a 7% reduction over the same period. Based on the revised fiscal year, the reviewed financial statements for the first nine months of 2024 reflect Coteccons’ total assets amounting to 20,900 billion VND, of which cash and short-term financial investments account for 14%. Furthermore, adding to its roster of successful bids, Coteccons – Unicons has secured a series of substantial bid
- April 25, 2024
On April 24, 2024, at the National Convention Center in Hanoi, Vietnam Report Joint Stock Company (Vietnam Report) in collaboration with VietnamNet Newspaper held the announcement ceremony for the Top 10 Building Contractors 2024. Accordingly, Coteccons continues to lead the Top 10 Building Contractors ranking. This positive result is not merely the culmination of efforts in successfully completing projects, but it also marks a significant achievement in Coteccons’ strong focus on establishing its position as an “Industry Leader” by putting people at the center and pursuing sustainable values with the goal of becoming the top choice for customers, partners, investors, and talents, as well as diversifying products and services to maximize value for customers. The Coteccons brand not only plays the role of a leading construction contractor but also serves as a guarantee of the quality of iconic projects across the provinces, contributing to the sustainable development of the country. Leading the Top 10 Building Contractors 2024 is clear evidence of the efforts and unity of the entire Coteccons team. We sincerely thank the community and partners for their tremendous support and contributions to Coteccons’ success, and we commit to continuing the solid path to becoming an “Industry Leader,” aiming for a bright future for Vietnam’s construction industry.
- April 25, 2024
Boost Coteccons’ transformation into a diversified ecosystem through the core construction of integrated technology and green construction. Hanoi, April 17, 2024, Coteccons Construction Joint Stock Company (HoSE: CTD) and Kusto Group signed a strategic partnership agreement to establish and execute an investment strategy in the Vietnamese market. According to the agreement, Kusto Group pledges to invest 200 million USD through a co-investment partnership with Coteccons from 2024 to 2028. This strategic collaboration between Coteccons and Kusto Group will support Coteccons in enhancing its core business by leveraging these strategic investments to achieve important goals such as retaining clients by providing comprehensive solutions and services for Coteccons’ traditional customers and creating an edge in securing the portfolio of long-term customers, which is the foundation for growing revenue and improving profit margins in a context of market turbulence. Moreover, this partnership, based on the common principle values of Kusto Group and Coteccons in sustainable development, once again affirms Kusto Group’s continuing investment activities in the Vietnam market since 2005. Mr. Alexandr Donov, member of the Board of Directors and Chief Financial Officer of Kusto Group, said, “We see the great potential of Vietnam and believe that there is still a lot of room for further development. A strategic partnership with Coteccons is a concrete commitment to contribute to promoting Vietnam on the investment list for our global partners. We believe that Coteccons, our strategic partner, will support us with their expertise and capacity to help us find suitable opportunities, seeking investment
- April 17, 2024
- March 28, 2024
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. 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
- March 20, 2024
On the morning of March 16, 2024, at Phuoc Lai Commune, Can Giuoc District, Long An Province, the People’s Committee of Long An Province, in collaboration with the sponsor DB Investment and Development One Member Limited Liability Company, organized the groundbreaking ceremony for the construction of Nguyen Thi Mot Secondary and High School. The event was attended by former President Truong Tan Sang, former Deputy Prime Minister Truong Hoa Binh, along with provincial and local leaders. On the sponsor side, the event saw the participation of Mr. Luong Xuan Ha – Chairman of the Board of Ecopark, Mr. Nguyen Duc Canh – Deputy General Director of Ecopark Group Joint Stock Company, and Mr. Luong Tuan Nghia – Board Member of Ecopark. From the main construction contractor – Coteccons Group, Mr. Vo Hoang Lam – CEO, and Mr. Nguyen Chi Thien – Managing Director, were in attendance. The project is fully sponsored by Ecopark Group Joint Stock Company and DB Investment and Development One Member Limited Liability Company, with a total construction investment estimated at nearly 100 billion VND, spanning an area of nearly 2.4 hectares, and is expected to accommodate approximately 1,900 students. Coteccons Group is the main construction contractor for this project. Speaking at the groundbreaking ceremony, Mr. Pham Tan Hoa, Vice Chairman of the People’s Committee of Long An Province, stated: Can Giuoc District is a land with a rich history and strong patriotic tradition, with many figures remembered by future generations. In recent years, Can Giuoc
- March 19, 2024
- 12/03/2024
MÔ TẢ CÔNG VIỆC Sơ cấp cứu cơ bản khi cần thiết Khuyến nghị y tế cho nhân viên dự án Phối hợp xử lý y tế, các chăm sóc y tế ban đầu trong tình huống khẩn cấp YÊU CẦU: Bằng Bác sĩ Làm việc tại dự án Lego – Bình Dương
- March 12, 2024
- 11/03/2024
New movements of Coteccons Amidst signs of a recovering business environment, Coteccons (stock code: CTD) – rated BBB by Finnratings with a stable outlook – is experiencing accelerated growth with impressive revenue and profit growth. The company’s robust balance sheet has propelled profits to grow multiply, resulting in a sharp increase in total accumulated profit over the past 6 months compared to the same period last year. In the new fiscal year, Coteccons’ audited financial report for the first 6 months of 2024 shows that the company’s total assets are VND 21,652 billion. Out of this, cash reserves have reached VND 4,304 billion, accounting for 20% of total assets (excluding stock investments and other financial investments). Coteccons has also improved the quality of its receivables from reputable clients, resulting in a decrease of VND 44 billion, or 46%, in bad debt provisions. Furthermore, cost optimization measures have led to a significant reduction in selling, general and administrative expenses by VND 81 billion, or a 28% decrease compared to the same period. By the end of the first half of 2024, Coteccons had achieved revenue of VND 9,784 billion and profits of VND 136 billion, completing 55% and 50% of the set plan, respectively. Besides impressive financial indicators, Coteccons is continuously recognized and honored in other prestigious rankings such as: VNSI Ranking – Top 20 Vietnam Sustainable Index – demonstrates Coteccons’ commitment to actively contribute to the community and social environment. Top 10 reputable contractors and Top 50 Vietnam the
- March 11, 2024
In a male-dominated field like the construction industry, what role do women play? At Coteccons Group, we create an equal environment for everyone to develop together without “labeling” gender. At Coteccons Group, women can be not only the supporting team but also the core personnel who step out to make trillion-dollar deals or devise strategies on human resources, purchasing, etc. On International Women’s Day, let us meet typical female figures at Coteccons Group and hear them share their stories about working in a ‘man’s kingdom’. Are there any stereotypes/prejudice about women in the construction industry that are difficult to eliminate? Ms. Nguyen Tran Thuc Anh – Head of the Board of Investment: Stereotypes are nothing more than a comparison of “gender power”. In a field like construction, if there is something that needs to change, I think it would be “equality in mindset“. Stop talking about gender differences and talk about work efficiency. That is equality! Ms. Tran Thi Lieu Vinh – Director of Administration & Sustainable Development: “Can’t do heavy work”, “not strong enough in communication”, “have to take care of family”… are the labels that society has been attaching to women when it comes to the construction industry. This perspective makes the female gender a minus in the industry. People also think that women in the construction industry are less ‘feminine’ due to the nature of the job, which involves working a lot with men, heavy work, dusty construction site environments, and always having to
- March 8, 2024
- March 6, 2024
From March 1st to March 3rd, 2024, the Coteccons Leaders’ Summit 2024 was held in Quang Nam. This annual training program is designed for senior management and key personnel of Coteccons and its subsidiaries, including Unicons, Covestcons, Sinh Nam Metal, and UG M&E. The Coteccons Leaders’ Summit is an annual event with the objective of training, developing skills and capabilities, and nurturing talent for Coteccons and its subsidiaries, and the construction industry. This year’s program marked the debut of the Strategic Advisory Council (SAC) and the Coteccons Leadership Center (CLC), a club dedicated to senior management and key personnel of Coteccons. In his opening remarks, Chairman of the Board Bolat Duisenov emphasized Coteccons’ mission to become a great company and an Industry Leader. Achieving this requires having a professional, systematic organization run by people who share the same vision. Key personnel from Coteccons and its subsidiaries, including Unicons, Covestcons, Sinh Nam Metal, and UG M&E, collaborated to exchange business plans, share leadership skills, and inspire one another. Throughout the event, the SAC guided CLC members in identifying their roles and responsibilities, developing strategic plans, conducting fair performance evaluations, and continuously enhancing leadership skills. With the spirit of “make it happen,” Coteccons’ personnel also came together to propose new business plans, engage in discussions, and critically analyze ideas to create breakthrough products and services, provide solutions to customers, and promote sustainable development – particularly in ESG practices – while building a corporate culture befitting an industry-leading company. In
- March 5, 2024
- February 29, 2024
- February 9, 2024
- 05/02/2024
Coteccons Construction emerged from a period of turbulence to post a remarkable turnaround last year, underscored by robust financial results and a proactive drive towards sustainable growth within the construction industry. Three years ago, Coteccons faced a series of challenges including internal conflicts, frequent changes in leadership, damage to its reputation, loss of contracts, falling revenue, and increasing bad debts. From being “a colossus” in Vietnam’s construction industry, doubts were cast on its survival as staff turnover rate escalated. Against these odds, the newly appointed leadership at Coteccons laid out an ambitious recovery strategy focused on stabilization, transformation, and expansion. Subsequent years saw the company undergoing pivotal changes in its business model, financial structure, governance, and corporate culture. By the end of 2021, Coteccons confidently declared its comeback, evidenced by winning bids for dozens of projects worth tens of thousands of billions of VND. The second quarter of 2022 heralded a new phase of growth, marking Coteccons’ first quarterly revenue increase since 2020 by 28 per cent year-over-year. This momentum was sustained and amplified in the subsequent quarters, with revenue tripling and then doubling, culminating in an annual revenue of almost $615 million, a 60 per cent increase on-year. This remarkable performance enabled Coteccons to reclaim its status as Vietnam’s top 1 premier construction firm by revenue, a title briefly held by Hoa Binh Corporation. Despite facing a real estate downturn and myriad challenges, Coteccons sustained a growth trajectory in 2023. Mid-year financials revealed revenue of approximately $285 million,
- February 5, 2024
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”
- January 30, 2024
Ho Chi Minh City, January 27, 2024 – Coteccons Construction Joint Stock Company is honored to be nominated in the category “Outstanding Unit” at WeChoice Awards 2023. Coteccons has surpassed many prestigious B2C enterprises to lead the category of “Brilliant Rising Unit” at WeChoice Awards 2023. This award is a source of pride for Coteccons’ efforts and contributions in creating and spreading humane and correct values. 2023 is considered a breakthrough year with many positive marks in the development journey of Coteccons. The company has not only grown strongly, created breakthroughs and grown remarkably, but has also recently received trust and high appreciation from shareholders, partners and the community, demonstrated through the unanimous votes of 2,000 employees, 17,000 workers, 10,000 shareholders and thousands of partners at WeChoice Awards. Winning this nomination is a strong motivation for Coteccons to continue promoting activities that bring humane values to the community. At Coteccons, we operate with the motto of doing good and right things and aiming to become global citizens who know how to give, live responsibly and happily. The 2024 Tet Construction Program that Coteccons has just launched is an important piece in our social responsibility mission. “Through WeChoice Awards, we hope to inspire human-centered activities such as the Tet Construction 2024 program that Coteccons carries out every year to show that builders like Coteccons are not only made of iron and concrete but also very humane.” – Mr. Vo Hoang Lam, CEO of Coteccons shared at the event. Not only
- January 28, 2024
On January 25, 2024, Yen Phong Industrial Development Co., Ltd. and Coteccons Construction Joint Stock Company held the groundbreaking ceremony of Yen Phong CN14.1 Industrial Development Project at No. 38, Road 9, Vsip Bac Ninh Trade and Service Industrial Park. The groundbreaking ceremony was attended by many partners, representatives of the client, consultants, subcontractors, suppliers, and especially the presence of Mr. Benjamin Lam – General Director, Ms. Fion Ng Seok Hoon – Operation Director, Mr. Micheal Chan – Director of Sales & Marketing, Mr. Tran Quang Thanh – Director of Bidding Department, and representatives of the General Contractor Coteccons, Mr. Bolat Duisenov – Chairman of the Board of Directors, Mr. Vo Hoang Lam – CEO, Mr. Nguyen Chi Thien – Managing Director and representatives of the Board of Directors of Coteccons and employees. At this Yen Phong Industrial Development Project CN14.1 steel project, Coteccons is the General Contractor for the construction of warehouses, technical infrastructure, auxiliary items and all mechanical and electrical works. The Yen Phong CN14.1 Industrial Development Project marks an important milestone for BW’s business in the North. This is not only the first two-story project of Yen Phong Industrial Development Co., Ltd. in the North and in the upcoming projects, but also the first logistics project of BW in Bac Ninh province. In addition, the Project is developed to meet LEED Gold certification standards, in line with BW’s commitment to green and sustainable development. The project is part of BW’s key strategy to accelerate the expansion of its footprint
- January 25, 2024
Ho Chi Minh City, on the morning of January 24, 2024, Coteccons officially topped out Urban Green, a project developed by Kusto Home – a prestigious real estate brand under the multinational Kusto Group. The topping-out ceremony was attended by representatives from the client, the company’s leadership, the supervision consultant, the project management team, as well as subcontractor partners and suppliers involved in the project. Urban Green marks the second collaboration between Coteccons and Kusto Home following the success of the Diamond Island project. Built on a scale of 20,203m², including one basement with an area of 12,322m² and two 24-story blocks, with a construction density of 32.3%, Urban Green, when completed, will offer a modern and comfortable living space for residents. The total project floor area is 100,746m², designed with high standards and over 60 amenities including sports, leisure, and green spaces, promising to create a high-class and convenient urban area that meets the living needs of residents in a hotspot for technology and economic development in Ho Chi Minh City. As the general contractor for the structural, finishing, and infrastructure works of the Urban Green project, Coteccons faced unique challenges with the 16-20m of weak mud geology, and the necessity to address infill construction, which posed significant safety risks during foundation and basement floor construction. To tackle these challenges, Coteccons engineers implemented a unique construction method using CDM piles ranging from 5-8m in length to replace the weak soil beneath the foundation and basement floor, enhancing the
- January 24, 2024
On January 18, 2024, Vietnam Report, in collaboration with VietnamNet newspaper, held the announcement ceremony for the VNR500 2023 rankings. Coteccons & Unicons were honored as part of the Top 50 Vietnam the Best for 2023. The Top 50 Vietnam the Best ranking is a prestigious annual ranking organized by Vietnam Report in cooperation with VietnamNet. This is the sixth consecutive year that Coteccons has received this honor. The year 2023 has posed many difficulties and challenges for businesses worldwide, and Coteccons & Unicons were no exception. Amidst the backdrop of many construction contractors struggling with payment issues and wage payments leading to a decline in industry prospects and a loss of workforce, Coteccons, as a leading construction company, took on the responsibility of restoring trust among partners and creating job opportunities for workers to prevent disruptions in the construction value chain. The Coteccons & Unicons team has continuously strived to overcome challenges, steadfastly adhering to specific strategies and goals to ensure the quality of each product and project delivered to clients. The “Top 50 Vietnam the Best” title is a testament to the efforts and dedication of the entire Coteccons & Unicons team, from the leadership to the project management team and every department member, in their journey to create valuable contributions to the community, advance the construction industry, and position Vietnamese brands on the global market. Being recognized in the “Top 50 Vietnam the Best” ranking is a significant achievement that acknowledges outstanding growth in business performance
- January 19, 2024
On the morning of January 18, 2024, Coteccons – Unicons, in coordination with the client, officially launched three major projects: the Viet – Italia Steel Plant in Hai Phong (invested by Viet – Italia Steel Corporation); the LA Home Urban Area project (Prodezi Long An Joint Stock Company is the client, and Huong Viet – HVH is the developer); and the “Van Lang Sky Lake Urban Residential Area” project in Phu Tho (invested by Tu Lap Construction Co., Ltd.). Viet – Italia Steel Plant in Thuy Nguyen District, Hai Phong At this project, Coteccons is the general contractor responsible for the foundations, reinforced concrete, steel structures, MEP, finishing, infrastructure, and many other construction components. The groundbreaking ceremony on January 18, 2024, was honored by the presence of Mr. Ohgita Takeshi – Executive Director of the parent company in Japan, Mr. Yonemura Yashiro – General Director of Viet – Italia Steel in Vietnam, Mr. Yasuda Shin – Deputy General Director of Viet – Italia Steel in Vietnam, Mr. Hayashi Takafumi – Deputy General Director of Viet – Italia Steel in Vietnam, as well as representatives from Coteccons, including Mr. Bolat Duisenov – Chairman of the Board, Mr. Nguyen Chi Thien – Managing Director of Coteccons expressed pride in the project and extended gratitude to Viet – Italia Steel Corporation. Representatives from Coteccons were extremely excited and proud to share the joy and significant meaning of the groundbreaking ceremony for this important project. This is not only a new construction project
- January 18, 2024
The series of events – Olympic, Town Hall, and Year End Party 2023 of Coteccons Group marked a transformative journey. Starting with the Olympic event that highlighted a strong sports spirit, followed by the Town Hall as an opportunity to gather, evaluate, and set the global development direction with the theme “All for the Next – Breaking Boundaries. Going Global.” The journey concluded with the Year End Party, where Coteccons Group celebrated with a wide range of emotions and unforgettable memories in a lively and positively charged atmosphere. COTECCONS OLYMPIC 2023: A DISPLAY OF COTECCONS – UNICONS IDENTITY On the morning of January 12, 2024, the Opening Ceremony of the Coteccons Olympic 2023 took place at Dai Yen Multipurpose Stadium in Ha Long City, Quang Ninh Province. The event kicked off with a parade of 19 teams with nearly 2,000 members from Coteccons – Unicons. This year, the fierce competition across 9 events including badminton, shuttlecock kicking, table tennis, football, running, swimming, foosball, tug-of-war, and sack jumping attracted hundreds of athletes from various departments and construction sites within the company, delivering thrilling matches and emotional moments. Coteccons Olympic 2023 was marked by an ever-burning sports spirit and a strong determination to overcome limits. This special sports playground provided an opportunity for nearly 2,000 Coteccons – Unicons members to reunite, interact, and bond. After a year of “working hard” in the office and on construction sites, this was the time to “play hard,” indulge in their passions, and seek
- January 15, 2024
On January 10th, 2024, Saigon Thuong Tin Real Estate Joint Stock Company (TTC Land; HOSE: SCR) and Coteccons Construction Joint Stock Company (HOSE: CTD) held the Groundbreaking Ceremony for the TTC Plaza Da Nang mixed-use high-rise project on Dien Bien Phu Street, Chinh Gian Ward, Thanh Khe District, Da Nang City. The ceremony was attended by Mr. Vo Quoc Khanh – General Director of TTC Land, along with representatives from the TTC Plaza Da Nang Project Management team. On Coteccons’ side, Mr. Vo Hoang Lam – CEO and members of the Leadership team were present. Additionally, the event saw the attendance of design units, subcontractors, suppliers, and other related partners. Located in a prime position with four street frontages and close to the international airport, TTC Plaza Da Nang is one of the key upcoming commercial mixed-use projects in the center of Da Nang City. The complex includes 18 floors with 4 commercial floors, 126 tourist apartments, 150 hotel rooms, and over 30,000 m² of office space for lease. The project is designed with a unique block shape, creating a luxurious and modern architectural highlight, aiming not only to change the city’s appearance, attract domestic and international tourists to Da Nang but also to fully meet the diverse needs of locals for shopping, dining, culture, education, and entertainment. With over 44 years of formation and development, TTC is a multi-sector investment group, and TTC Land is a key entity in the residential real estate sector. TTC Land owns many
- January 10, 2024
Receiving meaningful gifts from the “Build Tet 2024” program, hundreds of workers at the Ecopark construction site expressed their joy and excitement. On the morning of January 9th, the key activity of the “Build Tet 2024” program took place at the Ecopark construction site, Van Giang District, Hung Yen Province. At the event, nearly 1,800 gifts were given to the workers who tirelessly worked day and night. According to Comrade Le Quoc Minh, Member of the Central Committee of the Party, Editor-in-Chief of Nhan Dan Newspaper, Deputy Head of the Central Propaganda Department, and Chairman of the Vietnam Journalists Association, with the spirit of “mutual assistance,” actively implementing social welfare policies, and taking care of the material and spiritual lives of workers, on the occasion of Tet Giap Thin 2024, Nhan Dan Newspaper, in collaboration with Coteccons Group, organized the “Build Tet 2024” program, giving nearly 17,000 Tet gifts to workers at construction sites across the country. According to Mr. Nguyen Chi Thien, Executive Director of Coteccons, driven by Coteccons’ culture of gratitude and the desire to bring a happy Tet to the workers directly contributing to the success of the project, this is the second year Coteccons has implemented the “Build Tet” program. The program has received more support from investors, suppliers, subcontractors, and media partners. “Through ‘Build Tet 2024,’ the organizers hope to convey the message of a warm, shared Tet, expressing gratitude to the workers and employees working at construction sites in Hung Yen Province
- January 9, 2024
On December 28 and 30, 2023, Coteccons & Unicons held the 2023 Partner and Subcontractor Conference for the Southern and Northern regions. With the theme “Joining Hands for Prosperity,” the conference was an opportunity for Coteccons Group’s leadership to share with over 200 partners about the company’s strategy, collaborative spirit, and sustainable development direction. At the conference, Coteccons also signed strategic partnership agreements with several partners including FiCO Pan-United Concrete Corporation, FiCO Tay Ninh Cement Joint Stock Company (TAFiCO, now Fico-YTL), Sungshin Vina Co., Ltd., Hung Phat Investment Development and Service Joint Stock Company, and Vitec-S Joint Stock Company. Efforts to Transform Coteccons into a Great Company As the opening speaker at the 2023 Partner and Subcontractor Conference for the Southern region, Chairman Bolat Duisenov shared insights about Coteccons and conveyed strategic messages to partners, subcontractors, and suppliers. Mr. Bolat Duisenov stated: “We work every day to create value and positively impact the lives around us, making life better. Coteccons has spent 3 years pursuing this goal. Despite difficulties following the Covid-19 pandemic, we remain steadfast in our objectives. Currently, Coteccons has about 10,000 shareholders, and I am proud to say that they continue to support Coteccons. Additionally, the Board of Directors is very united and supports the company’s management team. We work daily to make Coteccons a great company. Looking back at our journey over the past 3 years, no barrier can stop us from achieving our commitments.” To become a great company, Mr. Bolat affirmed that Coteccons
- December 30, 2023
On December 18, the press conference to kick off the program “Xay Tet 2024” (Build Tet 2024) was held at the Headquarters of Nhan Dan Newspaper (Hanoi) by Coteccons and Nhan Dan Newspaper. Grateful to the vulnerable, “on whose shoulders we stand for economic development” Mr. Bolat Duisenov, Chairman of the BOD of Coteccons, started the speech with two photos capturing the working moments of workers at the construction site. The photo is beautiful thanks to the effects of sunlight, construction dust, and the majestic space, but behind it is the harsh reality that workers face every day: a heat level of up to 44 degrees Celsius radiating from the aluminum and glass surface, a height of several tens of meters where workers must hang on ropes, etc. What is even more stressful is ensuring the project progresses safely. “The picture is beautiful, but it is essentially a very hard job. They sacrifice a lot every day,” shared Mr. Bolat He called construction workers “the most vulnerable group in the construction industry value chain.” They are also the motivation for Coteccons, with the support and co-organization of Nhan Dan Newspaper, to carry out the program “Xay Tet 2024” to bring a warm and happy spring to workers. Accordingly, “Build Tet 2024″ starts from December 23, 2023, to January 2024 on construction sites across 3 regions of the country, such as Hanoi, Hung Yen, Quang Ninh, Quang Ngai, and Ho Chi Minh City. Minh, Binh Duong…, in which the
- December 20, 2023
On December 8th, 2023, Coteccons & Unicons were honored to receive the awards of Top 500 Vietnam Best Employer (VBE500) and Top 10 Vietnam Best Workplace (VBW10) of the VBE500 and VBW10 rankings by Viet Research, in coordination with the Vietnam Investment Review publishing unit. This recognition was the result of Coteccons and Unicons in recent years having made efforts to restructure the human resources management system to follow the times. Despite many employment challenges, especially after the COVID-19 pandemic, we at Coteccons consider this an opportunity for the human resources industry and have transformed strongly. We understand that human resource management is not only about creating achievements by creating jobs, rewarding employees, creating a sustainable working environment, and having good and stable business results, but also how to promote and raise awareness among the community, businesses, and workers about image, reputation, and the importance of using “human capital.” We focus on creating a unique OWN IT culture to promote individuals’ potential and give opportunities to move quickly, applying technology to evaluate and monitor the development process of employees to serve the development focus on human resources (Learning and Development), and restructuring C&B closer to multinational companies to attract more talented human resources for the diversification strategy. Promoting diversity, equality, and inclusion (DEI) is a specific action of commitment to sustainable development in which the human element is the key to all actions, not only helping to build the employer’s branding but also creating high-quality human resources to increase
- December 12, 2023
On November 28, 2023, Coteccons Construction Joint Stock Company officially opened a completely new experiential office model in the North, which is a space with a unique open design that demonstrates the company’s OWNIT and DEI culture. The office is designed according to the “Agile Workplaces” trend to honor the freedom and individuality of each employee working in a completely flexible environment. Unlike traditional offices—where employees are fixed to desks—Coteccons’ flexible “Agile Workplace” office in Hanoi encourages employees to move freely around the office. “Agile Workplace” is about empowering employees to choose where they want to work in the office. The Agile Workspace office design In addition, the design also aims to provide employees with many useful and convenient spaces. The Central Collaborate Hub area can be used as a place to meet with external partners, customers, or even friends. The open space without tables and chairs can become a conference room, exhibit construction materials, or share new solutions. There is also a “focus” area for those who need privacy to concentrate and a social area for those who want to chat. The open design is to stimulate interaction among people, which is an effort to foster collaboration, unleash creativity by eliminating physical barriers between teams, and ultimately improve employee capabilities. Central Collaborate Hub area – a place of connections A “focus” area for meetings and for those who need privacy to concentrate Coteccons also aims for sustainable values, so in the design it uses biophilic design elements, focusing
- November 29, 2023
On November 9, 2023, The Emerald project was officially launched on Dai Lo Binh Duong, Vinh Phu Ward, Thuan An City, Binh Duong Province. The groundbreaking ceremony was attended by Mr. Bui Nguon Phong, Chairman and CEO of Le Phong Group, and representatives from Coteccons, including Mr. Bolat Duisenov – Chairman of the Board, and Mr. Vo Hoang Lam – CEO. Also present were partners Unicons, the design and construction unit, and Khai Hoan Land, the general agency. The Emerald 68 is located on the frontage of Dai Lo Binh Duong and Vinh Phu 16 Street, Vinh Phu Ward, Thuan An City, Binh Duong Province, just 1 km from the border of Ho Chi Minh City, adjacent to Thu Duc City. Notably, the project benefits from a panoramic view of the Saigon River, situated in a vibrant residential area, an economically developing center with the greatest potential in the Eastern region. As a result, this area is a prominent focus of the modern apartment market in Ho Chi Minh City and Binh Duong. Previously, Coteccons was a brand associated with the high-end segment of many famous projects such as Landmark 81, the MarQ, Masteri Thao Dien, leaving a significant mark on the real estate market in Ho Chi Minh City. With experience and success in constructing luxury projects, Coteccons aims to offer an ideal living space for all customers with over 20 amenities intertwined in the Emerald style, creating a prestigious and diverse living environment. The project will
- November 10, 2023
For many years, Coteccons has focused comprehensively on activities aimed at stable development, building a long-term future not only for the company’s employees but also for the community, including partners, suppliers, and subcontractors… At Coteccons, special attention is given to vulnerable workers, particularly construction workers. With relentless efforts towards sustainable development, on November 1, 2023, Coteccons was once again honored in the Vietnam Sustainability Index ranking assessed by the Ho Chi Minh Stock Exchange (HOSE). The VNSI is a measure and recognition of Coteccons’ commitment to placing people at the center of business activities in alignment with ESG (Environmental, Social, Governance) goals. The Vietnam Sustainability Index – VNSI is a price index that includes the top 20 VN100 stocks with the best sustainability performance, filtered through the following conditions: + Being a component of VN100 (meeting stock eligibility, liquidity, free float, and market capitalization requirements) + Not belonging to industries listed as non-sustainable according to the HOSE-Index – Vietnam Sustainability Index rules + Achieving the highest sustainability assessment results conducted by HOSE. In 2023, Coteccons’ overall governance score increased to 79%, higher than in 2022 (77%) and the industry average (62%) and VN100 average (65%), including: The company has effectively implemented shareholder rights and ensured stakeholder roles. Provided transparent, accurate, and timely information. Demonstrated board responsibility regarding independence, diversity, and concurrent roles. Established an effective internal control system and risk management framework. When each Coteccons employee views creating a positive impact on society as an essential part of their
- November 9, 2023
On July 18, 2022, Coteccons Group was honored to be ranked 7th out of 20 companies from the VN100 Index (comprising the 100 largest listed companies in the Vietnamese stock market) that were comprehensively evaluated across the three ESG criteria: environment, social, and governance, announced by the Ho Chi Minh City Stock Exchange. This achievement is the result of Coteccons being dedicated to conducting our construction operations in a sustainable and responsible manner, prioritizing ESG considerations to minimize environmental impacts, ensure safety and well-being, and uphold ethical and transparent business practices. You can find the report of InnoLab.Asia here: bit.ly/499Bzrx With a view to enhancing our position to the international standard and competitive capacity in the global market, we follow the path of ESG by our own choice. We are committed to reducing our environmental impacts through sustainable practices. We prioritize energy efficiency, low-carbon emissions, responsible waste management and resource conservation to promote a greener future for all. The commitment of Coteccons Group towards doing sustainable and environmentally friendly business is demonstrated through the completion of numerous projects that have acquired LEED Certificate (Leadership in Energy and Environmental Design). We have a total of 38 projects meeting the standard, namely: LEGO Binh Duong Factory (Platinum), President Place (Gold), Jotun Vietnam Greenfield (Gold), Porsche Center Saigon II (Gold), Diamond Lotus Riverside (Gold), Lancaster Luminaire (Gold), Diamond Crown Hai Phong (Gold), Tetra Pak Binh Duong (Gold), Regina Miracle International Vietnam Factory (Silver), Coca-Cola HCM Site Master Plant (Silver), Marigot Jewlery Vietnam
- October 26, 2023
“In general, the market has not had many clear developments in the real estate sector, even in big cities such as Ho Chi Minh City and Hanoi. Only a few new investment projects are licensed. Therefore, our reports also show caution, considering market trends to make revenue and profit forecasts.” This was the first comment of Mr. Bolat Duisenov – Chairman of the Board of Directors of Coteccons Construction Joint Stock Company (CTD) at the 2023 Annual General Meeting of Shareholders that took place on the afternoon of October 17. For the year of 2023, Coteccons expects revenue to reach 6,744 billion VND, consolidated profit after tax to reach 52 billion VND. Meanwhile, in the 2024 fiscal year (from July 1, 2023 – June 30, 2024), Vietnam’s No. 1 Construction Group sets revenue and profit after tax targets of VND 17,793 billion and VND 274 billion, respectively. billions dong. However, according to the “captain” of Coteccons, the business still has certain strengths, with much better results than other companies in the same industry. Mr. Bolat also emphasized Coteccons’ spirit of transparency and willingness to meet and answer any questions from shareholders. We failed but not defeated! Coteccons aims to participate in the fields of infrastructure and renewable energy. While there are many works and projects in this field, Coteccons is still only a spectator. The goal of reaching 3 billion USD in revenue and 1 billion USD in market capitalization by 2025 is just an empty slogan. So can
- October 18, 2023
- October 16, 2023
On October 4, 2023, Schneider Electric Vietnam Co., Ltd. and Coteccons Construction JSC organized a signing ceremony for a laptop and scholarship agreement. The event is within the framework of Coteccons-Lê Phong Bình Dương Half Marathon, which had the companionship of Schneider Electric. Mr. Đồng Mai Lâm – CEO of Schneider Electric Vietnam and Cambodia Co., Ltd and Mr. Võ Hoàng Lâm – CEO of Coteccons Construction JSC Accordingly, Schneider Electric Vietnam will sponsor 50 Lenovo laptops, each worth 10 million dong, and 25 scholarships, each worth 1 million dong, to help children in disadvantaged circumstances in remote areas. Currently, Coteccons has awarded a number of computers and scholarships to children at Ho Bon primary and secondary boarding schools for ethnic minorities in Mu Cang Chai district, Yen Bai province, and a cluster of 7 schools, including 3 preschools, 4 primary schools, and secondary schools, through the program “Pick the Moon to the Village,”, belonging to the ESG project chain of Coteccons Construction Joint Stock Company. According to the plan, we will continue to donate the remaining gifts to appropriate areas. MOU Signing Ceremony between Schneider Electric and Coteccons At Coteccons, we are always concerned with the issues of sustainable development, ESG, minimizing environmental impacts, and developing future generations through annual activities such as the Green Up Marathon, Pick the Moon to the Village, etc. Schneider Electric is our partner in many aspects, and the companionship of Schneider Electric as well as other partners is a testament to the
- October 6, 2023
- October 4, 2023
The 2.3-hectare Sky Forest Residence project belongs to the EcoPark Hung Yen urban area. This apartment complex is the final piece of Bay of Islands Street, located at the intersection of Bay of Islands Street, the educational street, and CDB Street. CDB belongs to the EcoPark Hung Yen urban area project complex. Sky Forest Residence includes 3 apartment buildings: 30-story SF1 building: 380 apartments; 38-story SF2 building: 488 apartments; and 41-story SF3 building: 600 apartments, with Coteccons taking on the role of general contractor for design and construction. This is a very special project. The requirement that the investor makes for the construction unit is to realize the design of a transfer slab system between buildings, with high technical requirements and unprecedented in the industry. To realize three transfer slabs with a height of 3.5m to hold the building blocks, Coteccons’ engineering team has diligently researched new construction techniques and, at the same time, applied practical “conquest experience” to large projects to finally find an implementation solution applied for the first time in Vietnam. Accordingly, the solution found at the Sky Forest project is to use a special scaffolding system made of crane bodies at highly complex transfer slabs while ensuring the progress we committed to the investor. Mr. Ha Van Vuong, Project Manager, shared: “With support from the company’s Board of Directors, Mr. Nguyen Chi Thien, CEO, and Mr. Duong Xuan Tot, the project director and company departments, engineers of the Steering Committee sat together to come up
- September 25, 2023
- 24/09/2023
I. Meeting documents 1. Meeting invitation notice 2. Power of Attorney II. AGM Documents IV. Draft AGM Resolutions V. Tutorial to attend online AGM
- September 24, 2023
On September 15, 2023, the topping-out ceremony of the Landmark Hotel Tower, which is in the Diamond Crown Hai Phong Complex, is officially organized. This is the representative construction for the Hai Phong “brand” due to its uniqueness, which is full of architectural and iconic value. Unique design contributed to the unprecedented sophistication of Asia Located in the most business-oriented intersection of the port city, the Le Hong Phong and Nguyen Binh Khiem intersection (Ngo Quyen District), Diamond Crown Hai Phong has a total area of 12.868 m2. This is a complex project that consists of a 39-story luxury apartment tower and a 45-story 5-star hotel tower. The developer of the project is DOJILAND Company Limited, a member of the DOJI Group. Not only possessing a golden position, Diamond Crown Hai Phong also impresses with its height of 186m, the highest in the city, as if affirming the position of a modern Hai Phong reaching international level. In particular, the most unique feature of the project is the unique grid design, which has never appeared in any project in Vietnam or Asia. However, this is a big challenge for investors and contractors. With unique architecture and record height, the Diamond Crown Hai Phong project changes the appearance of the city center of Hai Phong Port “This is one of the most difficult projects I have ever worked on. This is the first project in Vietnam and Asia to use an external column frame structure system called Diagrid columns as
- September 19, 2023
- September 16, 2023
- September 16, 2023
- September 5, 2023
Coteccons is currently the leading construction company in the industry, with stable and sustainable revenue growth. Coteccons’ total assets are VND 20,042 billion, and its equity is VND 8,236 billion, and cash of almost 4,000 billion. As a result, Investors and Shareholders regard Coteccons as a construction company with a solid financial foundation. There have recently been a number of exceedingly adverse occurrences for the building industry, particularly in the fields of urban housing and tourism. Since 2017, very few urban housing projects have been granted construction licenses. The industry’s human resources have increased while the source of employment has decreased dramatically. Because underemployment creates an imbalance between supply and demand, the construction industry is more competitive than ever. And some contractors have used this opportunity to increase the unneeded confrontations that are deteriorating the construction environment. Regarding the economic contract dispute with Ricons Group Investment Construction Joint Stock COMPANY, Coteccons verified that there were transactions between the two Companies, including receivables and payables (referred to as liabilities). Explaining the debt arising from the period before 2019, Coteccons and Ricons were controlled and identified as contributing components to an ecosystem of seven member organizations that were interrelated prior, including: Coteccons, Unicons, Ricons, Newtecons, BM Windows, Sol E&C, and Boho. During the operation of an ecosystem, a number of Ricons projects as general contractors arise related party transactions with Coteccons as a subcontractor at the project, such as the Regina Hung Yen project, the Design East Asia project, and some
- July 25, 2023
- June 16, 2023
- June 12, 2023
- June 12, 2023
- June 12, 2023
- June 12, 2023
- June 12, 2023
HO CHI MINH CITY, Vietnam, 6 June 2023: Coteccons, one of the top construction companies in Vietnam, today announced to sign a three-year Memorandum of Understanding (MoU) with Microsoft Vietnam to accelerate its innovation and value chain in the construction industry leveraging the power of artificial intelligence (AI) and cloud technology. Founded in 2004, Coteccons has successfully grown in both size and reputation to become one of the top construction companies in Vietnam for delivering world-class projects, including Residential, Commercial, Hospitality, Infrastructure, and Industrial. The company always aims to invest in modern construction practices and the most advanced technologies to ensure that Coteccons remains at the cutting edge of its industry. Vo Hoang Lam, CEO of Coteccons, said: “We would like to be one of the first examples in how to digitalize the construction industry in Vietnam. We recognize that there is an urgent need to apply established technologies and techniques in new ways in order to improve not only management efficiency and productivity, and ultimately the welfare of stakeholders, but also ESG performance. Coteccons decides to take the journey to the cloud. We are looking for a trusted technology partner who can help accelerate the growth strategy and do more with fewer resources, enabling us to focus on innovation. We are confident about this collaboration with Microsoft as the backbone of our digital journey.” Through this strategic collaboration, Coteccons will leverage Microsoft’s technology and solutions to accelerate digital transformation in four areas: helping Coteccons engage their customers better, landing
- June 6, 2023
- May 31, 2023
- May 31, 2023
- May 31, 2023
- May 31, 2023
- May 31, 2023
On May 20, 2023, Coteccons organized a training program on business conduct policy, a specialized training course on Vietnam’s anti-corruption regulations and compliance with the US Foreign Corrupt Practices Act (FCPA), and an information security policy. The program is open to all employees of Coteccons and Unicons who are working in the back office and on construction sites across the country. Mr. Nguyen Hoang Lam, Director of Technical & Compliance Division, spent time in the first section discussing “Coteccons’ business conduct policy,” “Policy against sexual harassment,” and “Equality and anti-discrimination policy.” Coteccons is devoted to conducting business honestly and responsibly, and it aims to create a trustworthy and secure working environment, providing equal opportunity for all employees, regardless of race, sex, religion, age, marital status, disability, veteran status, or other factors. Ms. Nguyen Thi Thanh Tra and Mr. Esko Cate, VILAF, followed, both of whom have substantial experience in compliance and anti-corruption concerns. Employees of Coteccons and Unicons got a thorough understanding of Vietnam’s anti-corruption policies as well as compliance with the US Foreign Corrupt Practices Act (FCPA) during the training session. It not only gives theory but also interactive and includes case studies, assisting employees in understanding how to recognize and prevent potential incidents of corruption. “Today, businesses in the United States have a need to move and expand their market through Asian countries in general, and especially Vietnam in particular. And they are excited about working together, collaborating with trustworthy partners, and following the same core principles. And
- May 20, 2023
Recently, Coteccons collaborated with VILAF in a training on Foreign Corrupt Practices Act (FCPA) compliance and Vietnamese anti-corruption laws. The training was led by Tra Nguyen and Esko Cate, both lawyers at VILAF with extensive experience in anti-corruption and compliance matters, accompanied by the sharing of Mr. Christopher Senekki, Deputy General Director of Coteccons. Participating in the course were representatives of investors, consultants, all members of Lego Factory’s Board of Directors, and key partners such as Shinryo VN and UG M&E. In the first part, Mr. Christopher Senekki, Deputy General Director of Coteccons, shared about “Coteccons’ policy of business conduct.” Specifically, Coteccons is committed to maintaining the highest standards of ethics and integrity in all its business dealings and continuously improving the quality of project implementation and operation to build a reputation based on honesty, fairness, respect, responsibility, integrity, trust, and sensible business judgment. (L-R) Foreign Associate Esko Cate, Associate Tra Nguyen, and Coteccons Deputy CEO Chris Senekki At the training session, the two VILAF speakers provided in-depth training, ensuring that the legal requirements and the most effective ways to prevent corruption and maintain compliance were clearly understood. The training session covered a wide variety of topics, including the FCPA, Vietnam’s anti-corruption regulations, and internal controls. Being interactive with case studies, the training session not only provided plain theory but also helped employees understand how to identify and prevent potential cases of corruption. “Coteccons’ commitment to compliance and ethical business practices is commendable, and we are honored to have
- April 28, 2023
On April 25, Coteccons Construction Joint Stock Company (HOSE: CTD) held the 2023 Annual General Meeting of Shareholders and announced the results of 2022 and the business plan for 2023. Good Fortune to be a Great Company Mr. Bolat Duisenov, Chairman of the Board, was touched when the General Meeting of Shareholders was held at Coteccons headquarters. Two years ago, when taking the leadership position, Mr. Bolat identified that the main mission was to stabilize the company’s situation for a better future. “At that time, I felt everyone’s anxiety when skepticism was not only from our customers but also from internal staff. Today, I am proud to affirm that we are not afraid of what will come. We are looking forward to new things. We are doing better and better. In the past 2 years, what I am proudest of is the change in mindset within the company and the team. We now believe the future is in our hands, like the company’s “own it” culture,” said Mr. Bolat. Mr. Bolat Duisenov also affirmed that the ESG activities that the company has carried out in recent years have brought Coteccons to a new position when working with partners. That is the way Coteccons can gain trust and respect from customers and also get on the path of sustainability. 4 Pillars of the Journey to Become a Great Company “2022 is a difficult year for the economy and the construction industry. However, the company has reached its revenue target of
- April 27, 2023
- April 26, 2023
Ho Chi Minh City, April 25, 2023 – Coteccons Construction Joint Stock Company successfully organized the 19th Annual General Meeting of Shareholders in 2023 with the participation of all members of the Board of Directors, the Board of Management of Coteccons-Unicons, the employees, over 230 shareholders, and 29 reporters from the press agency. Coteccons works tirelessly to achieve its goal of becoming a world-class business. In addition to financial objectives such as reaching a market capitalization of USD 1 billion, the Company pursues non-financial objectives such as creating a humane working environment, raising construction standards, making positive contributions to the construction industry, and effectively implementing the sustainable development strategy… Coteccons has the basis and potential to accomplish that objective, in terms of strategic vision, people, technology, and financing. This is the key message from Coteccons’ Annual General Meeting of Shareholders (AGM). The event took place in Ho Chi Minh City on April 25, 2023, both in person and online. Coteccons’ Board of Directors comprehensively delivered 2022 outcomes, 2023 targets, and certain long-term orientations with a lot of attractive information. Regarding the 2022 outcomes, Coteccons has successfully accomplished all targets and tasks. Specifically, sales reached VND 14,537 billion, an increase of more than 60% compared to the previous year. Profit before tax and profit after tax reached nearly VND 35 billion and VND 21 billion respectively (105% of the target). If provision expenses are eliminated, profit before tax can exceed 300 billion dong. These are very positive results in the
- April 25, 2023
- April 19, 2023
THE 19TH ANNUAL GENERAL MEETING OF SHAREHOLDERS, 2023 Time: Tuesday, April 25, 2023, | 8:00AM (GMT+7) Register HERE for a chance to attend in-person VIRTUAL MEETING We are providing any shareholders as of March 28, 2023, the means to join the 19th Annual General Meeting of Shareholders (2023 AGM) virtually at https://ctd.bvote.vn/. The virtual meeting will feature the livestream, plus the option to submit votes (the platform will be open at 8:00AM from April 21, 2023 for voting) and write comments/questions in the Q&A session. To join the virtual meeting, shareholder will need to login to the platform using your unique personal account (*) which can be found in the Invitation that was sent to you on April 4, 2023. Please click HERE for the virtual meeting guide. (*) Note: All Usernames and Passwords are personal to the individual to which it is issued. Shareholders are responsible for maintaining the confidentiality of the username and password issued and ensuring that each username and password is only used by the individual authorized. Coteccons is not responsible for the case that Shareholders disclose the above information. LIMITED IN-PERSON EVENT In addition to the virtual meeting, we expect to accommodate a limited number of shareholders in-person at the 2023 AGM due to capacity restrictions. The physical event will be held at: Coteccons Head Office 236/6 Dien Bien Phu, Ward 17, Binh Thanh District Ho Chi Minh City, Vietnam Shareholders who wish to attend physically must complete their registration no
- April 4, 2023
Nghị quyết Hội đồng quản trị thông qua Tài liệu họp ĐHĐCĐ thường niên 2023 I. Hồ sơ dự họp 1. Thông báo mời họp ĐHĐCĐ 2023 2. Chương trình họp ĐHĐCĐ 2023 3. Mẫu giấy ủy quyền tham dự ĐHĐCĐ 2023 4. Quy chế tổ chức ĐHĐCĐ 2023 II. Các báo cáo 1. Báo cáo của HĐQT 2. Báo cáo của BKS III. Các Tờ trình 1. Các báo cáo thường niên trình Đại hội đồng cổ đông thường niên 2023 2. Báo cáo tài chính đã kiểm toán năm 2022 và Kết quả hoạt động kinh doanh năm 2022 3. Phương án phân phối lợi nhuận 4. Kế hoạch kinh doanh Năm tài chính 2023 5. Thù lao Hội đồng Quản trị, Ban Kiểm soát Năm tài chính 2023 và dự trù kinh phí hoạt động của Hội đồng quản trị và các Tiểu ban trực thuộc Hội đồng quản trị 6. Lựa chọn Đơn vị kiểm toán Báo cáo tài chính cho Năm tài chính 2023 7. Phương án phát hành cổ phiếu thưởng cho cổ đông từ nguồn vốn chủ sở hữu 8. Tăng tỷ lệ sở hữu của Nhà đầu tư nước ngoài 9. Chương trình ESOP 5 năm 10. Nghiên cứu cơ hội gọi vốn đầu tư vào Công ty TNHH Đầu tư Xây dựng Unicons 11. Sửa đổi Điều lệ IV. Dự thảo các Nghị quyết ĐHĐCĐ 1. Dự thảo các Nghị quyết ĐHĐCĐ V. Hướng dẫn tham dự ĐHĐCĐ 2023 trực tuyến
- April 4, 2023
- 04/04/2023
I. Meeting documents 1. Meeting invitation notice 2. The 2023 AGM Agenda 3. Power of Attorney 4. Regulation on organization of the 2023 AGM II. Reports 1. BOD Report and Independent Member 2. BOS Report III. Proposals 1. Annual reports submitted to the 2023 AGM 2. The 2022 Audited Financial Statements 3. The Profit distribution plan 4. The Fiscal year 2023 Business Plan 5. Remuneration of the BOD, BOS and estimated Operating Expenses of the BOD and its Committees for Fiscal year 2023 6. Selection of the auditing firm for the Fiscal year 2023 7. The plan on issuing bonus shares to shareholders from owner’s resources 8. Increase ownership rate of foreign investors and change some business lines 9. Plan to issue the shares under Employee Stock Ownership Plan (ESOP) from treasury shares 10. Study opportunities for fund raising to Unicons 11. Amendments in Company’s Charter 12. The 5-years ESOP program IV. Draft 2023 AGM Resolutions 1. Draft 2023 AGM Resolutions V. Tutorial to attend online 2023 AGM 1. Tutorial to attend online 2023 AGM
- April 4, 2023
THE 19TH ANNUAL GENERAL MEETING OF SHAREHOLDERS, 2023 Time: Tuesday, April 25, 2023, | 8:00AM (GMT+7) Register HERE for a chance to attend in-person VIRTUAL MEETING We are providing any shareholders as of March 28, 2023, the means to join the 19th Annual General Meeting of Shareholders (2023 AGM) virtually at https://ctd.bvote.vn/. The virtual meeting will feature the livestream, plus the option to submit votes (the platform will be open at 8:00AM from April 21, 2023 for voting) and write comments/questions in the Q&A session. To join the virtual meeting, shareholder will need to login to the platform using your unique personal account (*) which can be found in the Invitation that was sent to you on April 4, 2023. Please click HERE for the virtual meeting guide. (*) Note: All Usernames and Passwords are personal to the individual to which it is issued. Shareholders are responsible for maintaining the confidentiality of the username and password issued and ensuring that each username and password is only used by the individual authorized. Coteccons is not responsible for the case that Shareholders disclose the above information. LIMITED IN-PERSON EVENT In addition to the virtual meeting, we expect to accommodate a limited number of shareholders in-person at the 2023 AGM due to capacity restrictions. The physical event will be held at: Coteccons Head Office 236/6 Dien Bien Phu, Ward 17, Binh Thanh District Ho Chi Minh City, Vietnam Shareholders who wish to attend physically must complete their registration no later than
- April 4, 2023
- March 8, 2023
- March 8, 2023
Quang Binh, February 2, 2023 The Green Up 2023 tree planting project is officially launched by Coteccons Construction Joint Stock Company, in collaboration with local agencies and departments. Initially, Coteccons will plant 8,000 special-use forest trees in the buffer zone to protect the white-necked langur population in Thach Hoa commune, Tuyen Hoa district, and Quang Binh province with a total investment of 1 billion VND. This is the next step of the Green Up project: planting trees for the future of Coteccons and fulfilling the commitment to plant 10,000 trees after the Coteccons Quang Binh Marathon organized by Coteccons in early August 2022. With the commitment, Coteccons will plant 1 tree in Vietnam’s greening journey for every 5 km completed by athletes in the race, at the Prime Minister’s request. Mr. Mai Xuan Hap, Deputy Director of the Department of Agriculture and Rural Development of Quang Binh Province, said: “In 2022, Quang Binh’s forest cover will reach 67.8%. We greatly appreciate Coteccons for taking many initiatives and participating in many tree planting activities in Quang Binh province, demonstrating their responsible role for the environment. Coteccons is again implementing a very meaningful project of afforestation at the Langur Langur Sanctuary in Thach Hoa, Tuyen Hoa, which not only improves the landscape value and biodiversity but also increases the forest cover. They bring social, economic, and environmental benefits.” The white-necked langur, scientifically known as Trachypithecus Hatinhensis, belongs to the order of primates, the IB group, and is extremely rare and endangered
- February 2, 2023
Unicons Investment Construction Limited Company (Unicons) Members’ Council has approved the appointment of Mr. Tran Van Lam as General Director, beginning January 31, 2023. Mr. Tran Van Lam is a key person that has been with Coteccons from its establishment. He has approximately 20 years of construction experience, having held numerous important positions such as project manager and project director for both Coteccons and Unicons. Mr. Tran Van Lam was officially appointed as Unicons’ Deputy General Director in June 2021. As a member of the Board of Directors, he spread his assertive working style, strong personality, and positive thinking to the staff and earned the faith and confidence of investors and partners. On January 31, 2023, he was officially appointed general director of Unicons Investment Construction Limited Company. (Mr. Chris Senekki – President of Unicons, Coteccons Deputy General Director congratulates Mr. Tran Van Lam) Mr. Tran Van Lam shared: “First of all, I would like to thank all Coteccons and Unicons people. We uphold freedom, creativity, and transparency, along with the “OWN IT” spirit. These values will bring the company to its best version. “I will always try my best to work with all employees with all my heart and soul, determined to bring the Coteccons and Unicons forward.” “This is a very important milestone for Unicons in particular and Coteccons in general,” said Mr. Bolat Duisenov, Chairman of the Coteccons Board of Directors. “I feel that Mr. Tran Van Lam’s great determination and working ethics of discipline, directness, and fairness
- January 31, 2023
- 18/01/2023
With a view to creating a transparent environment for our investors, on January 16, 2023 Coteccons Construction Joint Stock Company (ticker symbol: CTD) held a shareholder meeting. In his opening remarks, Chairman Bolat conveyed a message about TRANSPARENCY to all participating shareholders “When I was first elected the Chairman of the Board of Directors of Coteccons, my commitment was to put in place best corporate governance practices, especially those that promote transparency. At that time, my belief shared by many of my colleagues here was that there had to be transparency between major investors, BOD members, or those directly employed by the company but also to each individual investor and shareholder owning CTD shares”, said Mr. Bolat Duisenov – Chairman of Coteccons Board of Directors, at the start of the dialogue. “Let’s further uphold this culture of transparency as at Coteccons there’s actually nothing to hide, even when we face challenges or reap unsatisfactory results. Such information can absolutely be shared honestly and openly with each other,” Bolat added. Overcoming challenges in 2022 The year 2022 has passed, can you share your business performance (revenue, profit, achievements) in 2022 and your expectations and plans for the year ahead? Mr. Vo Hoang Lam – General Director of Coteccons: In 2022, the company is implementing 65 projects in all three regions, spanning from the North to the South of Vietnam. Key outstanding projects include Lego, Diamond Crown in Hai Phong or VinFast Factory, among others. As of now, our total revenue
- January 18, 2023
Construction workers are a priority in the sustainability strategy. According to data from the Ministry of Labor, War Invalids, and Social Affairs, the country has about 7 million construction workers, accounting for 13.5% of the workforce aged 15 and over. Especially, in the construction industry, construction workers are the important people contributing to the creation of iconic projects and works. With the direction of sustainable development, besides taking care of people in difficult circumstances and responding to climate change and community issues, Coteccons realizes that its own employees, construction workers, are also a sector that has received little attention in society. Therefore, Coteccons has decided to launch the “Xay Tet—Construct Tet” program in order to bring a warmer and better Tet to 12,000 construction workers who are working for subcontractors and suppliers at Coteccons’s construction sites. The program will visit nearly 60 construction sites across the country starting on January 4, 2023. Coteccons understands that each construction worker has made great efforts to build solid, safe works and always ensure the progress. That is the reason that accelerates Coteccons to give them and their family gifts, to join hands to build a fuller Tet for all! Besides gift sets for 12,000 workers, the program also organizes meaningful activities such as cutting hair at the construction site, taking souvenir photos, giving free rides back to their hometowns, etc. All these activities are intended to bring short relaxation time to workers during the busy days of running progress on the construction
- January 9, 2023
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
- January 2, 2023
With a history of 18 years of establishment and development to become a leading construction company in Vietnam, the work force always plays a pivotal role and is a top concern in the partnership strategy and building environment. Coteccons’ site of work Vietnam’s construction sector is characterized by its reliance on workforces, commonly known as “construction workers.” This force is in charge of the majority of the construction work on projects, which is a skilled and physically demanding job. Hardworking construction workers, on the other hand, are intrinsically less concerned with working conditions. Understanding this, Coteccons is constantly working to enhance the working environment in order to provide a secure income, improve skills, and treat construction workers fairly, respectfully, and compassionately. Mr. Pham Quan Luc, Deputy CEO of Coteccons, shared: “For the workforce, their first concern is the payment policy, together with other benefits in the working process and environment. At Coteccons, we always prioritize them, even in difficult times, because we know they are the first to suffer when the market is volatile. During this Lunar New Year, the entire industry is experiencing cash flow difficulties due to the influence of the real estate market, but Coteccons will continue to prioritize payment so that workers and employees can work with peace of mind to have a warm and prosperous Tet after the pandemic’s two-year impact.” Vietnam’s manufacturing industry is rapidly rising alongside the admission of large FDI giants. This is an opportunity for the construction industry, but it
- January 2, 2023
Nearly 150 employees of Coteccons – Unicons participated in the annual blood donation activity held on the morning of November 23, 2022. Every drop of blood donated is a hope that is lit for emergency patients. With this spirit, the blood donation program is organized by Coteccons – Unicons Trade Union in collaboration with Binh Thanh District Union and Center for Donation. Ho Chi Minh City’s blood donation took place at Hall G, Coteccons office on November 23, 2022. This is an annual activity held at Coteccons to show the spirit of solidarity and action for the community of the Coteccons people. After only 4 days, the program has received nearly 150 applications for blood donation from employees. The Humanitarian Blood Donation Program is organized by Coteccons – Unicons Trade Union in collaboration with Binh Thanh District Federation and Ho Chi Minh City Humanitarian Blood Donation Center. The organization is well-prepared, meticulous, and considerate. Each volunteer who donates blood will do the following steps: obtain a code; assess blood pressure; draw blood; drink sugar tea or have breakfast; and receive a certificate with a gift prepared by the Blood Donation Center. The collected blood units will be transported to the National Institute of Hematology—Blood Transfusion for preservation before being distributed to hospitals and research institutes in the vicinity in order to save people and create medical products. Blood products are used in medicine. Blood donation is well-prepared according to the process of Ho Chi Minh City
- December 8, 2022
Dear Shareholders, First and foremost, we would like to thank our Shareholders for their support of Coteccons during this difficult period. Because of politics and recent negative consequences from the real estate market on Vietnam’s stock market, you may notice uncertainty and a less bullish outlook on the global economy. The VN-Index has fallen by more than 40% from its top in 2022, while Coteccons (stock code CTD) has fallen by more than 71% since its peak at the start of the year. You have been confused as a result of the share price decrease and the propagation of erroneous information concerning Coteccons’ development prospects. Coteccons fosters a culture of transparency and is devoted to implementing the idea of fairness for all shareholders, therefore any questions from shareholders, whether major or tiny shareholders, will always be heard. As a result, we are responding to shareholders officially with this notice: 1/ Regarding the consolidated financial statements for the third quarter of 2022 published on October 29, 2022: Coteccons’ net revenue increased 191% year on year in the third quarter of 2022 and 25.5% year on year in the first nine months of 2022 to 8,307 billion VND. A profit of 315 billion VND, up 15.8% year on year, was obtained in the first nine months of 2022 as a consequence of cost savings and higher package efficiency from handover and settlement operations, as was a third quarter gross profit of 96 billion VND, up 4% year
- November 22, 2022
With the goal of incubating the generation of Coteccons and introducing career opportunities to students in construction major throughout the country, the Faculty of Civil and Industrial Construction of Hanoi University of Civil Engineering successfully organized graduation project defense ceremony for students of bilingual classes K62XE, XF, as well as Farewell & Student career orientation ceremony in Dong Mo, Son Tay, Hanoi. At the graduation project defense ceremony, Coteccons Group assigned an expert to join the XE Council to help evaluate products and find potential factors with good professional qualifications and foreign languages, and abilities to work flexibly in an international environment. Participating in the Farewell Ceremony and Career Day at corporate booths, the Coteccons Human Resource Department organized a variety of booth activities to promote the company image such as: learning about Coteccons through Kahoot minigames, experiencing becoming a civil engineer when wearing a unique Coteccons suit. With many practical and close-knit activities, students have the opportunity to learn more about Coteccons as well as get closer to the professional working environment, and at the same time seize career opportunities in the leading enterprise in the field of construction in Vietnam.
- November 7, 2022
The working environment takes up most of the living space of staff, especially when it comes to civil engineers, who work specifically at construction sites every day. Green Day activities are organized every Friday to keep the construction site ‘green’, thus creating a clean working environment. Everyone from the Site Management Board to the Subcontractors is engaged in common work like cleaning and garbage collection. This Green Day activity partly helps each other relieve work pressure, creates a cohesive atmosphere, and above all raises awareness of protecting the living environment – a “green, clean, beautiful and safe” construction site. Following the “Green Friday”, Ixora Ho Tram tries to maintain the habit of cleaning ‘house’ every Thursday from 07:00 to 07:40. Mr. Ngoc Hao – Site Manager and members of the Site Management Board all rolled up their sleeves to collect garbage, and plastic bottles to help protect the environment while providing a clean and tidy working space for the Ixora Ho Tram project. With Green Day activities, Le Meridien Resort & Spa and Ixora Ho Tram hope to spread the message “Green – Clean – Safe” – “Green Office” to other construction sites of Coteccons.
- November 7, 2022
Each completed charity house in Huong Phung commune gives one more child the opportunity to go to school. A house is not only a place to live, but it also opens the door for children in Huong Phung commune to have the opportunity to go to school, learn letters, and gain knowledge. Their future will be brighter, no longer hanging around in poor neighborhoods. We landed at Phu Bai airport and then continued to move by car to Huong Phung commune, Quang Tri province. The journey lasted nearly 5 hours. The distance was not too long, but the closer we reached the destination, the more dangerous the roads were due to landslides. Huong Phung commune, located near the Lao Bao international border gate, is one of the poorest mountainous communes in Quang Tri province. This place endures all the harshest weather in the Western Quang Tri region. When it is sunny, the wind blows fiercely; when it rains, it is pouring rain. Because of that, the people here always live in poor and difficult conditions. Every time it rains, and floods come, houses, fields, and gardens are flushed in the flood. Last year, the houses of the Van Kieu ethnic group living there were all washed away. All that remained were tears and worries about a home when Tet was coming close. A house is more than just a home… The flood in the Central region derives everything, not only property but also trust. If it is simply a
- November 7, 2022
On the morning of June 17, 2022, Coteccons cooperated with the Faculty of Civil & Industrial Engineering, Hanoi National University of Civil Engineering to organize the signing ceremony of the 2022-2023 cooperation agreement, discussion, and awarding of scholarships to students. The event was attended by representatives of the university and the faculty: Assoc. Prof. Dr. Nguyen Hoang Giang – Vice-Rector of the university, Dr. Nguyen Tien Dung – Head of International Cooperation Department, Assoc. Prof. Dr. Pham Thanh Tung – Dean of Faculty of Civil Engineering, Prof. Dr. Tran Minh Tu – Vice Dean of Faculty of Civil Engineering, Assoc. Prof. Dr. Nguyen Manh Tuan – Vice Dean of the Faculty of Civil Engineering. On the side of Coteccons Group, there was the attendance of Ms. Pham Thi Bich Ngoc – Deputy General Director of Coteccons, Mr. Tran Dinh Vu – Project Director of Coteccons, Mr. Nguyen Xuan Truong – Deputy Head of Coteccons Construction Quality Management Department, Mr. Ho Phi Long – Head of Human Resources and Administration Department of Unicons. Along with that, there was large participation of students from the Hanoi University of Civil Engineering. Ms. Pham Thi Bich Ngoc – Deputy General Director of Coteccons presents an overview of Coteccons, job opportunities, training opportunities, and the development roadmap of the company. Presentations on Structural Construction from speaker Tran Dinh Vu – Coteccons Project Director and Finishing Construction from speaker Nguyen Xuan Truong – Deputy Head of Coteccons Construction Quality Management Department received a lot of
- November 7, 2022
World Environment Day 05.06, the Site Management Board of NovaWorld Phan Thiet has implemented the action program “For a brighter life” for a green, clean, and beautiful environment, responding to the #GreenUp campaign with Novaland to clean the beach in Tien Thanh commune, Phan Thiet. The event was attended by the Vice Chairman of the Phan Thiet People’s Committee and contractors.
- November 7, 2022
- 07/11/2022
Every year, Coteccons organizes internships for students from the Ho Chi Minh City University of Technology, Ho Chi Minh City University of Architecture, Hanoi University of Civil Engineering, etc. This program has created opportunities for 3rd and 4th-year students to participate in projects, experience, and learn soft skills & practical experience at construction sites. After the selection rounds and interviews, the 12 best students who have been admitted to the 2022 internship program will participate in projects in the South in June. On June 7, 2022, the Department of Human Resources in collaboration with Coteccons Training Academy and the Safety Board held a meeting “Meet, share & train on occupational safety” to help the students better understand the Company, career path and more importantly, to equip themselves with knowledge about occupational safety before practice at the construction sites. The practical and sincere sharing from the senior staff has received positive feedback from the students. Although the meeting was short but full of content that interested them. This is not only knowledge luggage but also the motivation for the students to complete the upcoming internship. With the motto “Focus on developing people – People are the most valuable asset”, these interns will be the next generation, a source of quality engineers who can join the Company right after graduation. This promises to be a young, talented, well-trained team, fully equipped with knowledge and skills to contribute to “building futures” with Coteccons.
- November 7, 2022
Coteccons introduces the internal activity DREAM UP, which takes place alongside the COTECCONS GREEN UP MARATHON event to help employees develop running habits and raise funds for poor children in the Binh Thanh district. Every kilometer of running recorded will pay the corresponding amount to the charity fund campaign for children—”DREAM UP” for those who became orphans after the COVID-19 pandemic. The program officially begins on June 10, 2022 and ends on July 31, 2022. “DREAM UP program is a playground for both health training and sending messages and values of love. Proving that, working at Coteccons must be FUN, HEALTHY and HUMANE, because we believe that every step is an extended hope for unfortunate unfinished dreams.” – shared Mr. Pham Quan Luc – Deputy General Director of Coteccons Construction Joint Stock Company. The Dream Up 2022 internal marathon has officially recorded a distance of 20,000 km and the participation of more than 200 Coteccons-Unicons athletes. In particular, Mr. Tran Phan Nhan from COTECCONS’ finance and accounting department contributed a record journey of up to 752 km. On August 31, 2022, the Executive Board of Coteccons & Unicons Trade Union participated in the “Mid-Autumn Festival” program held for children affected by the COVID-19 Pandemic organized by the Center for Public Social Work in Ho Chi Minh City Union and Binh Thanh District Labor Confederation. The representatives of the Executive Committee of the Trade Union awarded 11 DREAM UP scholarships, hoping that the small gift would help the children have
- October 7, 2022
PICK AND GIVE THE MOON TO THE VILLAGE – The journey of bringing love of the Coteccons to Ham Can On September 8, 2022, the bus to the village brings a memorable full-moon night for more than 450 children in Ham Can – a remote district of Binh Thuan province. The program welcomes the participation of representatives of the Board of Directors, employees of Coteccons – Unicons (a group member) and especially the Site Manager Board of Nova World Phan Thiet – Binh Thuan. On the side of local leaders, there were the presence of the Secretary of the Party Committee of Ham Can Commune, the Youth Union of Binh Thuan Provincial Police and representatives of the Departments, Unions, teachers and more than 450 children from schools. primary school in the commune. Ham Can commune is part of the Ham Thuan Nam district and is home to 90% Raclay people. The commune has 1200 households, 4,200 people, 720 children are of school age, 260 children are poor and near-poor families, 20 are orphans and disabled. The living condition in the locality is still miserable. Many children do not know about the Mid-Autumn Festival and the lantern procession. With the support of Nova World Phan Thiet – Binh Thuan Project Manager Board and local departments, Coteccons came up with the idea of ”PICK AND GIVE THE MOON TO THE VILLAGE ” to bring a meaningful and full Mid-Autumn Festival to the children. Before the program, Coteccons-Unicons volunteers prepared many gifts
- October 7, 2022
Coteccons launches the “OUR HOME” project – home is where there is love, a community project to bring a new look to public works or houses of disadvantaged households by utilizing paint stores from construction sites and completed Coteccons projects. At Coteccons, we believe that a successful business is one that builds a better world. Not only through modern buildings, iconic architecture and skyscrapers, Coteccons is committed to creating a better future through small actions, starting from the simplest of buildings. That conviction inspired the “OUR HOME” idea. By utilizing existing paint sources that have expired or been used, “OUR HOME” not only beautifies the old buildings but is also an environmentally friendly solution, minimizing harm to the environment. “OUR HOME” is not about a house or any specific building, but it is an imprint of sharing, connecting and joining hands for the community, where Coteccons brings goodwill and interest together to paint the bright colors of hope on the works. And we believe that home is where there is love. Introduction Video In September 2022, the “OUR HOME” project was launched in Tien Giang province with the support of APACHE-Tien Giang Project Manager Board. The program has brought a bright new look to more than five houses in the area. “OUR HOME” project is also launched in Ho Chi Minh City. Ho Chi Minh City at Thanh Da Apartment, Lot D with more than 30 households that have received paint and implemented renovation for their apartments. Especially in
- October 7, 2022
- 27/09/2022
4 towers including 2 32-storey towers, 2 34-storey towers, with a total floor area of 1,300m2/floor
- September 27, 2022
- 27/09/2022
A hotel with 175 rooms, 41 villas and 60 Sky Residences apartments
- September 27, 2022
- 27/09/2022
Structure, furnishings,infrastructure, featuresand mechanics (bolts, plates)
- September 27, 2022
- 27/09/2022
Drawing nature in the sky
- September 27, 2022
Please find details here.
- September 26, 2022
Please refer to the Resolution No.04/2020/NQ-HDQT of the Board of Directors here.
- September 26, 2022
- 15/09/2022
Two 35-storey buildings including three commerce floors on each and 1,440 apartments with a total floor area of 156,000 m2
- September 15, 2022
- 15/09/2022
Factory of the only Vietnamese car Brand
- September 15, 2022
28 floors (for the Hotel Block) and 31 floors (for the Condotel Block)
- September 15, 2022
- 15/09/2022
01 basement, 32 floors including 320 rooms and an international conference center having a capacity of 1.200 – 1.500 seats
- September 15, 2022
- 15/09/2022
20-storey tower with 4 basements
- September 15, 2022
- 15/09/2022
2 basements and 2 50-storey tower blocks, with a scale of 1,254 condotel apartments, on a land area of nearly 5,300 m², total construction floor area of 112,651 m²
- September 15, 2022
- 15/09/2022
The project has a total floor area of nearly 120,000 sqm; consisting of three 22-storey luxury apartment and commercial buildings on a land area of 16.700 sqm.
- September 15, 2022
- 13/09/2022
Area: 22,889 sqm, including 478 luxurious apartments with areas ranging from 70sqm to 161sqm.
- September 13, 2022
- 13/09/2022
Total construction area of 98,673 sqm on the land area of 8,260 sqm. The project includes 2 basements, 23 floors in which 2 floors are allocated for commercial use and 21 floors (610 apartments) for residences
- September 13, 2022
- 13/09/2022
Total construction area of the package: 55,000 sqm.
- September 13, 2022
- 12/09/2022
Area of 36,719 sqm on the land area of 18 hectares.
- September 12, 2022
- 12/09/2022
Timberland project is built on a site area of 40,000sqm included 8 blocks and a basement with a total floor area of 250,000sqm
- September 12, 2022
- 12/09/2022
4 basements and 21 storeys with a total floor area of 25,000sqm constructed on a site area of 1645.1sqm
- September 12, 2022
- 12/09/2022
The signature of Vietnam Number 1 telecom Group
- September 12, 2022
- 12/09/2022
The construction area reaches more than 22,200 m2 within the owner of the 50,000 m2 factory.
- September 12, 2022
- 12/09/2022
Hyatt Regency Ho Tram Resort & Spa has a scale of 9,01ha including a 16-storey hotel block with a capacity of 280 rooms; the Forest Hill Retreat Spa area up to 10,000 square meters which will be deployed with an international standard detox spa model and the Hyatt Regency Ho Tram Residences – the first Hyatt Regency villa in the South.
- September 12, 2022
- 12/09/2022
2 khối tháp cao 36 tầng với hơn 1.500 căn hộ và 24 căn thương mại dịch vụ (shophouse), với tổng diện tích hơn 10.200 m2
- September 12, 2022
- 12/09/2022
02 towers: Each tower has 01 basement, 01 podium, 33 residential floors with total area of around 85,000 sqm
- September 12, 2022
- 12/09/2022
The project has 27 floors, 4 basements with a scale of 252 apartments, 26,839m2 of offices, 6,630m2 of commercial services.
- September 12, 2022
- 12/09/2022
Le Méridien Da Nang Resort & Spa has a scale of up to 12 hectares, the construction density of the whole project is only about 25%, including a 5-star hotel with 320 rooms and apartments and villas with the brand Le Méridien Residences.
- September 12, 2022
Please find the details below:
- August 29, 2022
Ho Chi Minh City, August, 2022, Coteccons Construction Joint Stock Company and LEGO Manufacturing Vietnam Limited Company held a signing ceremony of cooperation on the implementation of the construction of the LEGO® factory in Vietnam; LMV at VSIP III Industrial Park, Binh Duong. Accordingly, Coteccons is awarded as the General Contractor for the full completion of all works including all site development and building works in Streams 1-5, a total of approximately 163,000 m² (GFA). The area to include an Outbuilt Office Building, an Energy Center, a Moulding and Services Building, a Packing Facility, a High Bay Warehouse, and the entire outdoor infrastructure, ring utilities, parking space, landscaping and other functional buildings. Mr. Chris Senekki – The Deputy CEO of Coteccons – who has joined the project since the beginning expressed: “We are delighted to have been nominated as LEGO Manufacturing Vietnam’s preferred Contractor. The LEGO Project team set out a very well and professionally managed procurement process. During the time working on this project, Coteccons performed very well consistently, with honesty, integrity and transparency to meet the high demands of LMV team, especially at the sustainability aspect. Though the project is very challenging, Coteccons team is very excited to commence the next part of this journey and as one team with LEGO, deliver an exceptional project!” The LEGO Manufacturing Vietnam (LMV) Factory will be a world-class flagship for the LEGO factory workplace experience and showcase a unique work environment that is caring, inclusive, inspiring and brimming with
- August 22, 2022
On August 6, a 2,000-person race in Quang Binh used old scaffolding, recycled materials for awards and running clothes, and planted trees for every 5 kilometers participants finished. The Coteccons Quang Binh Marathon 2022 breathes new life into the green construction industry. It recycles 4,000 pieces of old scaffolding from the construction site to create a welcoming gate, banner, and stage. According to the organizers’ spokesman, this idea derives from a desire to develop a green running marathon that minimizes environmental damage while providing a fresh experience for competitors. Created from 400 kg of recycled materials (straws, milk cartons, plastic cups/caps…) gathered and fabricated utilizing sophisticated technology by Coteccons and Plastic People, the event medals also offer a green message. Mr. Bolat Duisenov, Coteccons Chairman, personally introduced this medal model to 2,000 competitors and stated that it is a rare item in each person’s running achievement. Faslink’s shirt is comprised of recycled materials from plastic bottles and shells and is manufactured in factories that fulfill GRS worldwide recycling standards to assure 100% environmental friendliness. Prioritizing recyclable materials and recycling outdated scaffolding is simply one of many strategies to propagate the marathon’s green lifestyle. The B&T wind farm was likewise chosen as the starting point. The path, which passes through 60 turbine towers, also educates runners about the importance of clean, sustainable energy. These 60 towers can provide around 60% of the electricity usage for the entire Quang Binh province and save approximately 581,000 tons of CO2 each year. In
- August 5, 2022
The Board of Directors (BOD) of Coteccons Construction JSC has decided to promote Mr. Vo Hoang Lam, a current board member, from the position of Deputy General Director to CEO of the Company from August 5, 2022. Mr. Vo Hoang Lam has been with Coteccons since the company’s inception, and throughout that time, he has held several significant positions at Coteccons, including Site Manager, Division Director, and Project Director. He has approximately 17 years of expertise in working, directing, and operating. He held the title of Deputy General Director of Unicons in 2019 and officially took over as General Director of Unicons on November 1, 2020. Additionally, he currently serves as Coteccons’ Deputy General Director and has been given the trust to run for election to the Board of Directors in April 2022. He has worked with numerous significant investors and partners, both domestically and internationally, and is acknowledged as one of the key figures in guiding Coteccons to overcome difficulties and take the top spot in Vietnam. Along with the Board of Management and the Board of Directors, Mr. Lam will continue to highlight Coteccons’ advantages in implementing innovations with the assistance of leading national and worldwide experts in related industries. (Mr. Vo Hoang Lam – Member of the Board of Directors, CEO of Coteccons, is unanimously elected by the Board of Directors of Coteccons to hold the position of CEO) According to Mr. Vo Hoang Lam, Coteccons will be consistent with the strategic direction of diversification for
- August 5, 2022
Please see attached file here
- August 5, 2022
- 30/07/2022
Coteccons’ profit in the second quarter of 2022 decreased due to the past burden The number of new projects and contracts worth tens of thousands of billion dong helped Coteccons’ revenue grows again, but handling the backlog of the previous period affected the company’s profit. Past burdens, present difficulties Coteccons Construction Joint Stock Company (HoSE: CTD) has just announced its consolidated financial statements for the second quarter of 2022, with net revenue increasing by 28.6% over the same period, accumulated revenue in the first 6 months of 2022 reached 5,193 billion VND. With outstanding efforts in saving costs and increasing the efficiency of arising packages, the handover and finalization projects in 2022 have exceeded the profit of 135 billion VND, and the 2nd quarter gross profit increased by 60% compared to the same period in 2021. In addition, the efforts of the Board of Management to help reduce costs, selling expenses, administrative expenses, and business administration expenses (SG&A) of Coteccons continuously improved, decreasing by 1.65% in the second quarter compared to the same period last year. However, the provisioning for bad debts for the contracts signed from 2018 to 2020 and the current difficulties in the real estate and construction industry have put great pressure on the Company’s profit margin in the second quarter of 2022. Specifically, the company’s profit after tax in the second quarter of 2022 was negative 23,8 billion VND. The profit margin was negative 0.73%. In the 6 months of 2022, Coteccons’ after-tax profit is
- July 30, 2022
- 20/07/2022
Please find the details below:
- July 20, 2022
Please find details below: BOD Resolution – Electing Mr. Bolat Duisenov as the BOD Chairman for the term 2022-2027
- May 26, 2022
Please find the details here
- May 26, 2022
- 29/04/2022
Please find the details below:
- April 29, 2022
- 26/04/2022
Please refer to the Meeting Minutes and Resolutions of 2022 AGM below:
- April 26, 2022
- 04/04/2022
I. Meeting documents Meeting invitation announcement The 2022 AGM Agenda Invitation Power of Attorney Regulation on organization of the 2022 AGM II. Reports BOD report BOS report ESOP report List of company related persons III. Proposals: Submission for Approval No.1 – Annual contents to be approved Submission for Approval No.2 – Reducing the charter capital Submission for Approval No.3 – Change Fiscal year Submission for Approval No.4 – ESOP Submission for Approval No.5 – Amendments of Charter Submission for Approval No.6 – BOD regulations Submission for Approval No.7 – BOS regulations Submission for Approval No.8 – Dismiss and Election BOD members Submission for Approval No.9 – Election BOS members IV. Draft AGM Resolutions: Draft 2022 AGM Resolutions V. Election documents: Requirements to Self-nominate or nominate new members of the BOD, BOS Nomination letter for BOD Nomination letter for BOS BOD, BOS Candidate Resume Candidate’s interest declaration VI. Appendix: Appendix of Submission for Approval No.5 Appendix of Submission for Approval No.6 Appendix of Submission for Approval No.7 VII. Tutorial to attend online 2022 AGM VIII. BOD candidates Mr. Bolat Duisenov Mr. Talgat Turumbayev Mr. Herwig Guido H. Van Hove Mr. Tan Chin Tiong Mr. Phạm Quang Vũ Mr. Võ Hoàng Lâm Mr. Tống Văn Nga IX. BOS candidates Mr. Trần Văn Thức Mr. Zhaidarzhan Zatayev Mr. Đoàn Phan Trung Kiên
- April 4, 2022
- 31/03/2022
Please refer to below for the financial statements for the year ended 31 December 2021:
- March 31, 2022
Please find the details below: BOD Resolution No.02/2022/NQ-HDQT on the organisation of 2022 AGM Announcement on the Final registration date to exercise the right to attend the 2022 AGM HOSE_Announcement on the Final registration date
- March 9, 2022
- January 1, 2022
- December 30, 2021
Ho Chi Minh City – On December 21, 2021, Coteccons Construction Joint Stock Company and Unicons paid a visit to the University of Medicine and Pharmacy Hospital of Ho Chi Minh City and presented medical equipment worth 744,000,000 VND to the hospital. This is a response to the Prime Minister’s demand to adapt to the COVID-19 outbreak in a safe, flexible, and effective manner. The Boards of Directors of Coteccons and Unicons, in particular, have acquired 7,000 rapid test kits, 528 chemical extraction kits, and two microscopes to aid in the hospital’s epidemic control and prevention quicker and more convenient. Speaking at the Medical Equipment Award Ceremony, the representative of the Board of Directors of Coteccons and Unicons, Mr. Tran Ngoc Manh – Chairman of the Executive Committee of the Trade Union said: “Coteccons hopes this assistance can help the arduous battle against the raging Covid epidemic. Best wishes to the doctors, nurses, and staff of the University of Medicine and Pharmacy Hospital of Ho Chi Minh City to constantly be a stronghold to save patients’ lives.” During a meeting with Coteccon and Unicon representatives at the Hospital of the University of Medicine and Pharmacy of Ho Chi Minh City, Assoc. Nguyen Hoang Bac, Director of the Hospital, shared: “During the most critical anti-epidemic period, Coteccons quickly provided our hospital with over 7,000 Covid-19 rapid test kits. In the context of the current hospital overcrowding, the medical equipment will be of considerable assistance in illness prevention and treatment.” Coteccons
- December 22, 2021
Please find the details here
- December 7, 2021
Please find the details here
- November 5, 2021
Please find the details here
- November 5, 2021
- 05/11/2021
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,
- November 5, 2021
On the morning of November 2nd, 2021, Coteccons held the Groundbreaking Ceremony of HT-Pearl project in Di An City, Binh Duong province. HT-Pearl – a dedicated project of HT-Pearl Building House Investment Company Limited is located at the intersection of 3 most vibrant economic centers in the South: Ho Chi Minh City, Binh Duong and Dong Nai Province. The project has a construction scale of more than 120,000m2 with 2 towers of 35 floors. After the project is completed, it promises to be a shining pearl in the East Real Estate area of Ho Chi Minh City and the center of Di An City, Binh Duong Province. Attending at the ceremony, Mr. Le Van Vu – representative of Dat Xanh Dong Nam Bo Services And Investment Joint Stock Company said: “The communication and distribution team of Dat Xanh’s HT-Pearl project is empowered and proud to have the companionship of the general contractor Coteccons. The HT-Pearl project has a gathering of leading brands, from design, construction, operation; creating the highest standards is the highlight of the project”. Mr. Le Van Vu – representative of Dat Xanh Dong Nam Bo Also at the ceremony, Mr. Bolat Duisenov – Chairman of the Coteccons’ Board of Directors said: “We are honored to accompany the HT-Pearl project. In every project, we never compromise on issues related to quality, safety and we always do our best to complete the project according to the committed schedule. Especially, the HT-Pearl project will be the first project we
- November 2, 2021
- 31/10/2021
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- October 31, 2021
- 27/10/2021
Humanitarian blood donation is a meaningful and humanitarian activity, particularly in extremely critical and urgent situations such as the current pandemic. Understanding that, the Coteccons and Unicons Trade Union Executive Committees collaborated with the City Red Cross Society. The Labor Confederation of Ho Chi Minh City and Binh Thanh District launched the program “Blood Drops- The Treasure of Love,” inviting all employees to join in this significant yearly blood donation on Wednesday morning, October 27, 2021, at Company Headquarters. There are only a few positive signs in the pandemic situation, so it is still necessary to ensure safe procedures to avoid spreading the disease in blood donation work, such as measuring body temperature, wearing masks, washing hands and disinfecting, ensuring distance safety and avoiding gathering too many people, in addition to measuring blood pressure and health check for each employee before donating blood. More than 100 qualifying employees donated between 250 mL and 350 mL of blood after roughly 3 hours of organization, contributing to the city’s blood fund to treat and save lives. Mr. Nguyen Mau Thanh, a Coteccons System Department employee, shared: “This is an excellent program with a noble goal of assisting those in need by delivering the appropriate amount of blood to the appropriate location. This is also a chance for my body to work better, thus I’d like to be able to donate blood once a year. It’s especially enjoyable after donating blood because there are presents.” Ms. Phan Thi Trung-Human Resources and General
- October 27, 2021
- October 13, 2021
“My quarantine routine is very simple: I wake up – and go insane, with my travel destinations limited to the kitchen, followed by a trip to the living room sofa with my laptop and phone. If Plan A doesn’t work, the alphabet goes 100+ more letters if you’re in HCMC at this moment. Then I become a driver, porter and shipper on the weekends.” Within the past four months, the Corona virus has completely changed our way of life. The concepts of normality, regular life in public places, social relations, partners, families, etc., are all upside down and are having unprecedented effects on everyone. Regardless of one’s individual circumstances, most of our time is spent working. Therefore, online meetings have gradually replaced the face-to-face discussions and in-person conversations of the past. Many construction projects had to be suspended, and some employees unfortunately got infected. There are fuzzy reports with solid figures that foresee an uncertain future, which drew my attention. In particular, over the past few weeks, I have begun to notice a significant increase in the number of condolence emails. They help to remind me of how precious our lives are. My deepest condolences are sent to Coteccons members who have experienced this terrible moment. My dearest Cotecconers, If we look at things from a different perspective, we can consider the epidemic a “test” that can make Coteccons stronger! Adversity has forced us to quickly and productively find creative and digital solutions to our problems. Diversification creates new
- October 1, 2021
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- September 8, 2021
Please refer to below for the details: BOD Resolution No. 20/2021/NQ-HDQT on the 2020 dividend payment. Announcement on the last registration date of the 2020 dividend payment.
- September 8, 2021
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- August 29, 2021
- 20/07/2021
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- July 20, 2021
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- July 7, 2021
Ho Chi Minh City, July 2nd, 2021, Coteccons Construction Joint Stock Company announced the winning bid for InterContinental Ha Long Bay Resort & Residences project from BIM Land Real Estate Company under BIM Group. Accordingly, Coteccons was honored to be selected as the General Contractor for the first international-standard luxury coastal resort project in the North after passing the strict and professional selection of the bidding process from the Investor and Mace – the unit of project management, construction management and quality supervision. This project is expected to be completed by the end of December 2022. InterContinental Ha Long Bay Resort & Residences is located at Peninsula 2, Ha Long Marina Complex, Hung Thang Ward, Bai Chay, Ha Long City. With an area of 4.5ha, the project consists of the 580m long coastline with a direct view to Ha Long Bay. The overall project includes a hotel with 175 rooms, a limited collection of 41 villas and 60 luxury resort apartments named Sky Residences. Besides, the utility complex of the project includes Spa Village Garden, multi-purpose gym, Planet Trekkers children’s playground, 5 restaurants, 2 bars and a large conference room. In total, the project has an investment capital of USD 90 million. Operated by a world leading brand with a team of reputable consultants as well as experienced general contractors and project managers, InterContinental Ha Long Bay Resort & Residences affirms that this brand deserves its position as the most international-standard classy coastal resort project in Ha Long and
- July 2, 2021
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- May 18, 2021
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- May 14, 2021
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- May 14, 2021
In the morning of April 24th 2021, Hyatt Regency Ho Tram Resort & Spa, which was developed by IFF Holdings and the General Contractor – Coteccons Construction Joint Stock Company, officially started construction. Ho Tram in recent years has a strong transformation, develops marine tourism and resorts following the national orientation planning. Foreseeing that trend, IFF Holdings, in association with Hyatt Group, officially launched the Hyatt Regency Ho Tram Resort & Spa by the end of 2020. Hyatt Regency Ho Tram Resort & Spa has a scale of 9,01ha including a 16-storey hotel block with a capacity of 280 rooms; the Forest Hill Retreat Spa area up to 10,000 square meters which will be deployed with an international standard detox spa model and the Hyatt Regency Ho Tram Residences – the first Hyatt Regency villa in the South. Hyatt Regency Ho Tram Resort & Spa In the morning of April 24th 2021, at the coastal road, Ho Tram Hamlet, Phuoc Thuan Commune, Xuyen Moc District, Ba Ria – Vung Tau Province, the Hyatt Regency Ho Tram Resort & Spa officially started construction. The ceremony was attended by representatives of IFF Holdings and representatives of Coteccons Construction Joint Stock Company. Hyatt Regency Ho Tram Resort & Spa Groundbreaking ceremony At the ceremony, Ms. Nguyen Thi Mai – Chairman of the Board of IFF Holdings said that she believes the partnership between the two sides will bring another super project in Ho Tram, as well as the world-class experience for customers
- April 28, 2021
- 27/04/2021
Please refer to the Meeting Minutes and Resolutions of 2021 AGM below:
- April 27, 2021
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- April 24, 2021
- 20/04/2021
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- April 20, 2021
- April 15, 2021
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- April 3, 2021
- 01/04/2021
Please refer to below for the financial statements for the year ended 31 December 2020:
- April 1, 2021
Please refer to the BOD Resolution on the organization of the 2021 AGM here
- March 27, 2021
- 27/03/2021
I. Meeting documents Meeting invitation annoucement Regulation on oganization of the 2021 AGM The 2021 AGM Agenda Invitation Power of Attorney II. Reports BOD report BOS report III. Proposals: Submission for Approval No.1 – Annual contents to be approved Submission for Approval No.2 – Update of business lines Submission for Approval No.3 – Amendments of Charter and Corporate Governance Submission for Approval No.4 – ESOP Submission for Approval No.5 – Bond issuance Submission for Approval No.6 – BOD election Submission for Approval No.7 – BOS election IV. Draft AGM Resolutions: Draft 2021 AGM Resolutions V. Election documents: Requirements to Self-nominate or nominate new members of the BOD Nomination letter for BOD Nomination letter for BOS BOD, BOS Candidate Resume Candidate’s interest declaration VI. Appendix: Appendix of Submission for Approval No.3 Draft of Company Charter Draft of Corporate Governance Regulations VII. Form Voting paper Election Form VIII. BOD candidates Mr. Tong Van Nga Mr. Trinh Ngoc Hien Mrs. Trinh Quynh Giao IX. BOS candidates Mr. Tran Van Thuc
- March 27, 2021
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- March 5, 2021
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- March 5, 2021
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- March 5, 2021
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- February 22, 2021
- February 22, 2021
- 09/02/2021
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- February 9, 2021
- 30/01/2021
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- January 30, 2021
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- December 10, 2020
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- November 24, 2020
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- November 17, 2020
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- October 31, 2020
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- October 21, 2020
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- October 13, 2020
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- October 9, 2020
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- September 21, 2020
- September 20, 2020
- September 14, 2020
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- September 14, 2020
- September 14, 2020
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- August 28, 2020
- August 9, 2020
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- August 6, 2020
- 06/08/2020
Please refer to the detail resolutions below:
- August 6, 2020
Please find the financial statements for the 6-month period ended 30 June 2020 below:
- July 20, 2020
On the morning of July 20, 2020, at the Stock Exchange which is located in Ho Chi Minh City, the 20th Anniversary of the Vietnam Stock Market’s operation took place to summarize and evaluate the achievements gained during the past 20 years since the date of the operation of the stock market. , contributing significantly to the political duties and obligations of the Financial Sector. The ceremony was attended by Prime Minister- Nguyen Xuan Phuc and the leading representatives of the Party agencies. In addition, Coteccons (CTD) was honored to receive the Achievement Award at this event to honor VN30 members who have made many great contributions to Vietnam’s stock market. Over the past many years, the Company has always achieved over VND 20,000 billion in revenue/year and has been an exceptional construction unit that has been at the top of enterprises with profits of over VND 1,000 billion for many consecutive years. In difficult stages of the real estate market, typically in 2019, the Company still achieved a profit after tax of 710 billion VND, which is equivalent to the charter capital.
- July 20, 2020
- 01/07/2020
Please refer to the Resolution of 2020 AGM below:
- July 1, 2020
Please refer to the Resolution No.04/2020/NQ-HDQT of the Board of Directors here.
- June 22, 2020
- 15/06/2020
I. Meeting documents Meeting Invitation Announcement Invitation Meeting Agenda Form of POA Working regulation for the Meeting II. Election documents Requirements to Self-nominate or nominate new members of the BOS Requirements to Self-nominate or nominate new members of the BOD Nomination letter to BOS Nomination letter to BOD BOS Candidate Resume BOD Candidate Resume Candidate’s interest to Coteccons declaration III. Submission for Approval Submission for Approval No.1 Submission for Approval No.2 Submission for Approval No.3 Submission for Approval No.4 Annex to Submission No.2 Draft 2020 AGM Resolution IV. BOS candidates Tran Thao Uyen V. BOD candidates Bolat Duisenov – CV Bolat Duisenov – Declaration of interest Herwig Guido H. van Hove – CV Herwig Guido H. van Hove – Declaration of interest
- June 15, 2020
Please find the Financial Statements for the 3-month period ended 31 March 2020 below:
- April 20, 2020
Please refer to below for the financial statements for the year ended 31 December 2019:
- March 30, 2020
Responding to the campaign of the Prime Minister “All people take part in supporting for COVID-19 prevention” Coteccons donated VND 2 billion to buy supplies and equipment to serve for the treatment process and test viruses corona. In the face of complicated and unpredictable stages of the disease, the accurate testing and rapid detection of viruses are of great importance in the screening and prevention of epidemics, limiting risks spreading to the community. After recognizing the demand and urgency of test kits, on the afternoon of March 20, 2020, at the Tropical Hospital in Ho Chi Minh City, Mr. Nguyen Sy Cong – General Director on behalf of the Board of Directors, CB-NV Coteccons awarded the hospital with VND 1 billion, which is equivalent to 1,000 test kits and quick detectors. Mr. Nguyen Sy Cong – General Director of Coteccons awarded money to the representatives of Tropical Hospital – Dr. Huynh Thi Loan – the deputy director of BV In addition, understanding the hardships of the nurses and doctors of the Tropical Hospital who are focusing their best efforts as well as devoting themselves regardless of the time of day or night in the front route against COVID-19. On this occasion, Coteccons also presented 30 boxes of fresh milk with the hope that they will be a source of mental encouragement for the doctors to fulfill the upcoming challenging task in the fight against the translation of COVID-19 In the afternoon of the same day, the Coteccons Group also
- March 20, 2020
From 14th to 21st of February 2020, Coteccons Construction Joint Stock Company launched a campaign to “rescue” 25 tons of watermelons to support farmers who are struggling to consume them in the market because of the epidemics of COVID 19. Accordingly, the number of rescued agricultural products will be divided into 02 free distribution stages to the workers at the construction sites of Coteccons in 3 regions of the country. Specifically, on February 14th, 2020, the Company organized the support to purchase 13 tons of watermelons (phase 1) to give out to about 10,000 workers working at major construction sites in the Ho Chi Minh area. This action is to partially strengthen the spirit of the farmers and helping the workers have more energy to ensure their health for working. Watermelons are being gathered at the construction sites Members of the Steering Committee are distributing watermelons to the Workers This is not only a practical action, but also the sharing of the Company also shows the spirit of “solidarity”, adding motivation for farmers to overcome difficulties in the next stages. At the same time, the Board of Directors wants to propagandize every employee working together for the community. In addition, due to the nature of working at construction sites with a large number of construction teams from all of the corners around the country, the Company works strictly with the Safety Committee, the Steering Committee of the construction sites will carry out many propaganda measures for preventing COVID-19 epidemics
- February 15, 2020
- 20/01/2020
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- January 20, 2020
Please refer to the Financial statements for the 3rd Quarter of 2019 here:
- October 21, 2019
Vui lòng thông tin chi tiết tại đây:
- September 21, 2019
Download the resolution of BOD about 2018 dividends payment here.
- September 4, 2019
- 13/08/2019
Interim Financial Statements 2019 (Audited) as follows:
- August 13, 2019
- 20/07/2019
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- July 20, 2019
- 19/04/2019
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- April 19, 2019
- 01/01/2019
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- January 1, 2019
- 18/10/2018
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- October 18, 2018
- 20/09/2018
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- September 20, 2018
- August 14, 2018
- 20/07/2018
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- July 20, 2018
Xem Báo cáo tài chính Năm 2018 đã kiểm toán tại đây:
- March 12, 2018
- 19/01/2018
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- January 19, 2018
- 30/10/2017
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- October 30, 2017
- 20/07/2017
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- July 20, 2017
Content:
- July 20, 2017
- 06/07/2017
Giai đoạn mới của dự án có quy mô 66ha toạ lạc cạnh khu đất 84ha của nhà máy hiện hữu, nâng tổng diện tích nhà máy lên 150 ha
- July 6, 2017
- 06/06/2017
The project has total construction area around 120,000 sqm, including 3 basements, 3 independent podiums and 648 apartments
- June 6, 2017
- 25/04/2017
The project consists of one 16.000sqm basement and a 45-storey tower with the height of an approximate 148 meters on a site area of 80 hectare
- April 25, 2017
- 20/04/2017
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- April 20, 2017
- 13/03/2017
30 tầng nổi, hai tầng hầm trên tổng diện tích sàn xây dựng hơn 170.000 m2
- March 13, 2017
- 13/03/2017
2 tầng hầm, khối đế trung tâm thương mại 4 tầng, 1 tháp căn hộ chung cư 31 tầng và 1 tháp căn hộ khách sạn 27 tầng
- March 13, 2017
- 13/03/2017
The project consists of 502 rooms spreading across 18 levels. We have a number of retail outlets, an all-day dining facility, a spa, a gym, a kid’s club and we’ve just finished installing two bowling lanes as well as a state-of-the-art cinema complex.
- March 13, 2017
- 04/10/2016
Tòa tháp cao 36 tầng, gồm: 3 tầng tiện ích và dịch vụ; 32 tầng điển hình và 01 sân thượng
- October 4, 2016
- 15/07/2016
Kết cấu phần thân và hoàn thiện Aqua 1 (50 tầng) Aqua 2 (50 tầng) Aqua 3 (42 tầng) Aqua 4 (36 tầng)
- July 15, 2016
- 16/05/2016
A land area of 7,302.60 sqm, including 03 basements, 06 commercial floors and 25 upper floors with total floor area of 113,557 sqm.
- May 16, 2016
- 15/05/2016
205,897 sqm construction floor areas. The project is a complex of 798 units including attached houses, shopping houses, semi-detached villas and detached villas, high-class villas.
- May 15, 2016
- 15/05/2016
The project has construction floor area of 71,471 sqm on a land area of 7,052 sqm
- May 15, 2016
- 16/04/2016
The project has 02-storey podium with area of 40,500 sqm and 05 towers ranging from 23 floors to 29 floors heights with total floor area of 148,000 sqm.
- April 16, 2016
- 16/04/2016
Construction area of Diamond Lotus is 3,200 sqm, including 3 towers, each tower is 22 floor high.
- April 16, 2016
- 16/04/2016
A land area of approximate 30,000 sqm, including 103 villas.
- April 16, 2016
- 10/04/2016
6 tháp: 4 tháp chung cư bao gồm TTTM và 2 tháp văn phòng
- April 10, 2016
- 16/03/2016
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- March 16, 2016
- 12/11/2015
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- November 12, 2015
- 14/08/2015
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- August 14, 2015
- 24/06/2015
The project includes 03 four-floor workshops, 04 parking lots and facilities
- June 24, 2015
- 26/05/2015
3 basement and 30 upper floors
- May 26, 2015
- 08/04/2015
The 24,000 sqm land area, 260,000 sqm construction area, 02 basements, 02 residential – commercial 33-storey towers
- April 8, 2015
- 27/03/2015
Located at central area of the City, 1km alongside Saigon River, Vinhomes Central Park is the first sizable project of Vingroup in HCMC. Inspired from well-known Central Park of New York, Vinhomes Central Park is featured with exceptional architectures and functionality, clean living environment, hotel-like services and 5-star apartments, exclusively for prosperous community. 40 hecta
- March 27, 2015
- 26/02/2015
3 buildings of which the CT2 tower will be 28 floors high (3,000m2), the CT1 tower will be 23 floors high (1,500m2) and a further tower will be 17-floors (1,100m2) office
- February 26, 2015
- 13/02/2015
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- February 13, 2015
- 13/12/2014
2 blocks of 32 floors, 47 houses and a 2,000m2 school on the area of 1.9 hectarest 1,9 ha
- December 13, 2014
- 12/12/2014
1,005,840 m2 with 2 basements, ten 40-storey towers and four towers of 6-10 storeys
- December 12, 2014
- 11/11/2014
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- November 11, 2014
- 13/08/2014
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- August 13, 2014
- 30/06/2014
479 343 m2, a total of 3,772 apartment units, commercial area 9.330m2, 78 villa apartment house
- June 30, 2014
- 29/05/2014
Sonasea Villas & Resort is located at Truong beach.The 1-km long beach is saidto be one of the most beautiful and longest beaches in the island. “Backed by mountain, facing the sea” Sonasea Villas & Resort has a wonderful fengshui as well as potential commercial position. Theresort will be a high-end luxury tourism centre equipped with a range of services including eco-tourism, resorts, entertainment and hotels. 10,000 m2 for villas and 28,200 m2 for hotel
- May 29, 2014
- 12/05/2014
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- May 12, 2014
- 09/05/2014
23 kilometers of road on National Highway No.1 at Phu Ly town and reinforcement work at Km 215+775 – Km 235+885
- May 9, 2014
- 16/02/2014
a land area of 5.5 hectares and consists of 2 basements, 2-storey podium and eight 43-storey blocks
- February 16, 2014
- 14/02/2014
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- February 14, 2014
- 30/12/2013
2 basements and 25 floors, totally 37.000 m2
- December 30, 2013
- 14/11/2013
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- November 14, 2013
- 04/07/2013
Floor area of 300,000 m2 built on 83 hectares of land
- July 4, 2013
- 27/05/2013
12.000 m2, 3 basement and 15 stories
- May 27, 2013
- 13/04/2013
Basement: 03; upper floors:20; Construction floor area: 20,000sqm
- April 13, 2013
3.300 ha
- April 4, 2013
2 towers of 30 floors and 3 basements
- March 9, 2013
- 13/08/2012
Land area of 1,479 m2, 2 basements and 12 floors
- August 13, 2012
- 13/07/2012
110,000 m2 including one basement, mezzanine and 5 floors
- July 13, 2012
- 03/11/2011
3 tầng hầm, 42 tầng lầu và 2 tầng kỹ thuật
- November 3, 2011
- 25/07/2011
2 basements, 4 Blocks from 21 – 30 stories.
- July 25, 2011
- 29/05/2011
164 ha. Include: Five-Star Hotels, Vietnam’s first Las Vegas style Entertainment Areas, high class resorts, restaurants, golf course and spa services…
- May 29, 2011
- 14/05/2011
3 basements, commercial center, office and high-end apartments with 28 stories
- May 14, 2011
- 14/03/2010
3 towers (36, 31, 16 stories) 1 Ground-floor, 2 basements
- March 14, 2010
- 12/01/2010
Construction area of 20 ha: 3 Block 5 star hotel from 6-12 storeys, 183 apartments, 27 villas
- January 12, 2010
- 14/10/2009
The total construction floor area: 11,660m2, Basement: 02, height: 12
- October 14, 2009
- 14/09/2009
3 blocks (A: 13 stories, B: 24 stories, C: 16 stories)
- September 14, 2009
Area: 13,700 m²: 1 25m-high warehouse building and 4-storey office block
- July 26, 2009
- 24/07/2009
Land area: 14,000 m2, 3 primary factories
- July 24, 2009
- 12/10/2008
The total floor area of over 80,000 m2: Basement: 01, height: 42
- October 12, 2008
- 14/01/2008
40.000 m2, 2 basements + 17 stories.
- January 14, 2008
- 03/10/2006
Floor area of 13.814 m2 to build 03 towers from 06 to 16 floors with 313 apartments
- October 3, 2006
- 03/04/2006
76.567 m2 area: Floors: 2 towers of 20-25 floors
- April 3, 2006
- 03/12/2005
260 Architects, HBP Project Management
- December 3, 2005
QUAN HỆ CỔ ĐÔNG
- 17/10/2024
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- 13/08/2019
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