June 27, 2025 – Coteccons (Ticker: CTD) has been recognized with multiple prestigious accolades at the Most Innovative Enterprises and ESG Vietnam Green Enterprises Awards 2025, organized by Viet Research in collaboration with Vietnam Investment Review Newspaper (the official publication of the Ministry of Finance). The awards ceremony took place within the framework of the Vietnam Summit: Innovation for a Sustainable Future held in Hanoi.
Specifically, Coteccons was honored in four distinguished categories:
- Top 10 Most Innovative Enterprises in the Construction Sector (VIE10)
- Top 50 Most Innovative Enterprises in Vietnam (VIE50)
- Top 10 ESG Vietnam Green Enterprises in the Construction Sector (ESG10)
- Top 100 ESG Vietnam Green Enterprises (ESG100)
The program celebrates organizations that stand out for integrating environmental, social, and governance (ESG) standards into their development strategies. These enterprises demonstrate a strong commitment to sustainable, responsible growth while driving comprehensive innovation in management, operations, technology, products, and business models. Their efforts contribute to enhanced performance, strengthened market positions, and the country’s overall economic development.
Elevating Industry Standards Through Innovation and Business Excellence
The VIE10 and VIE50 rankings are compiled annually by Viet Research, applying rigorous criteria that evaluate each company’s capacity for innovation and business performance amid a macroeconomic environment characterized by volatility and constant change.
Coteccons earned its place at the forefront of Vietnam’s construction sector thanks to its pioneering adoption of advanced project management practices—most notably the Fast-track model (simultaneous design and construction)—as well as its investments in R&D, the development of modern construction technology platforms, and the promotion of R&D partnerships under the “three-party” collaboration model (government – business – academia), aligned with Resolution 57.
Thanks to consistent and synchronized efforts, Coteccons achieved revenue growth of 30.8% in fiscal year 2024 and is maintaining positive momentum in 2025, while also ranking among Southeast Asia’s 500 largest companies by revenue.
Leading in ESG Practices and Creating Sustainable Value
The ESG10 and ESG100 rankings are determined based on ESG evaluation frameworks that are adapted to Vietnam’s specific context while remaining aligned with international standards. The selection process places particular emphasis on each enterprise’s commitment to environmental stewardship, social responsibility, and sound governance.
As one of Vietnam’s first construction companies to implement comprehensive ESG initiatives, Coteccons has launched a wide range of programs under the theme “Future Inside You,” aiming to embed a culture of sustainability across its operations. These initiatives promote the use of green materials, reduce carbon emissions, elevate social and human factors, and foster collaboration with partners and suppliers to build more efficient and eco-friendly value chains.
Sustainable development—anchored in research investments and innovation—has become a key pillar of Coteccons’ strategy to set new benchmarks for Vietnam’s construction industry.
These awards are a powerful source of motivation for Coteccons to remain committed to ‘doing the right thing’—creating sustainable value for customers, communities, and future generations.
