lastest news

Our Story

At Coteccons, we believe that construction is not about the height that defines how great wonder is.

But it’s how long it could last. It is not made of bricks and mortar, also. We build by technology, determination, and passion.

2004
since
200 +
Managers
1400 +
Engineers work in Coteccons
500 +
projects across vietnam
200 +
Managers
1400 +
Engineers work in Coteccons
2004
since
500 +
projects across vietnam

OUR
FOCUS

/01
/02
/03
/04

We build by technology, determination, and passion.

OUR
SEGMENTS

Our iconic
projects

One-of-a-kind projects we have built
01

Vinfast Automobile Manufacturing Complex

Factory of the only Vietnamese car Brand .

Investor relations

We commit to transparency for a
longterm – sustainable growth

Hose(VN): CTD

57,200

600 ( 1,06% )
Vào ngày 09/06/2022

We commit to transparency for an longterm – sustainable growth

Coteccons
news

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)

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

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

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