COTECCONS RANKS NO.1 IN “TOP 10 REPUTABLE CONSTRUCTION CONTRACTORS” FOR THE THIRD CONSECUTIVE YEAR

Hanoi, April 24, 2025 – Coteccons Construction Joint Stock Company once again affirms its leadership position, claiming the No.1 spot for the third year in a row in the Top 10 Reputable Construction Contractors 2025, as announced by Vietnam Report in collaboration with Vietnamnet. This marks the seventh time Coteccons has topped the ranking since its inception in 2017.

Top 10 Reputable Construction Contractors 2025 (Source: Vietnamnet)

Over the past three years, Coteccons has undertaken a major shift in its business model, focusing on operational optimization, process innovation, and sustainable development strategies. With an unwavering commitment to innovation, Coteccons continues to deliver iconic construction projects while building an ecosystem that fosters safe, meaningful, and inspiring living environments.The company identifies people as the cornerstone of its competitive advantage. Accordingly, Coteccons remains dedicated to attracting and nurturing top talent—not only to elevate construction quality but also to fuel innovation across the board. At the same time, the company is strengthening its internal capabilities and enhancing brand equity as it seeks to solidify its presence in the domestic market and expand internationally, laying the groundwork for diversified revenue streams and long-term sustainable growth.

The ranking, compiled by Vietnam Report, is based on a transparent and comprehensive evaluation process. Key criteria include updated financial data as of December 31, 2024, media coding analysis, and surveys of industry experts and stakeholders. As Vietnam’s construction industry experiences a strong recovery with a 7.87% growth rate—surpassing the national GDP growth of 7.09%—reputable firms continue to play a pivotal role in driving progress.

Coteccons continues to lead the field with impressive business results. For the fiscal year 2024, the company recorded VND 21,045 billion in revenue, VND 310 billion in post-tax profit, and a backlog of VND 35,000 billion starting from 2025. These figures not only reflect robust financial strength but also demonstrate the company’s agility and resilience amid an industry-wide transformation.

Mr. Nguyen Tan Tien – MEP Managing Director representing Coteccons received award plaques from the program

Coteccons extends its sincere gratitude to customers, partners, and the wider community for their trust and support. These achievements are the result of collective efforts, and Coteccons is committed to forging ahead on its journey to become an “industry leader”, contributing to a bright future for Vietnam’s construction sector.

About Coteccons

Coteccons is Vietnam’s leading contractor with over 20 years of experience in executing large-scale, complex projects. The company is a pioneer in applying advanced technology and innovation to deliver optimal construction solutions that improve quality of life and promote sustainable development for communities.

RELATED POSTS

Ho Chi Minh City, May 12, 2026 – Coteccons Construction Joint Stock Company (HoSE: CTD) hereby provides an update on the ownership of the Korea Investment Management (KIM) group, which currently holds a 4.13% stake in the Company, based on the latest disclosed transaction reports in accordance with regulatory requirements. This marks the eighth ownership update since KIM became a major shareholder of Coteccons in June 2024, including four increases and four decreases in its ownership ratio. Over the years, Coteccons has received strong support from both domestic and international institutional investors throughout its restructuring journey, as well as in enhancing operational efficiency and strengthening corporate governance. The Company remains on track to achieve its 2026 business plan, recording positive year-on-year growth in both revenue and profit, with approximately 80% of its annual revenue target and 92% of its profit after tax target already fulfilled. At the same time, Coteccons continues to receive favorable assessments from reputable financial institutions and securities firms, and has been consistently included in the Vietnam Sustainability Index (VNSI) by HoSE for multiple consecutive years. About Coteccons Coteccons is a Vietnam’s leading construction company, with more than two decades of experience in delivering large-scale and complex projects. With its aspiration to become an Industry Leader, Coteccons aims to lead not only through business performance but also by elevating industry standards and promoting sustainable development. The Company is committed to creating safer, more comfortable, and more meaningful living and working spaces, thereby contributing positively to the

In response to the Action Month on Occupational Safety and Health (OSH) 2026, Coteccons is partnering with the People’s Committee and Department of Home Affairs of Ho Chi Minh City to spread a safety culture, aiming for safe, sustainable workplaces that put people at the center. This year’s Action Month is implemented under Plan No. 11562 of the Ministry of Home Affairs and Plan No. 96 of the Ho Chi Minh City People’s Committee. The 2026 theme emphasizes innovation in management, strengthening the application of science and technology, digital transformation, and artificial intelligence in occupational risk prevention. At the launch ceremony, Vice Chairman Nguyen Manh Cuong stressed that economic growth only has meaning when accompanied by the protection of workers’ lives, health, rights, and legitimate interests. He stated: “A safe working environment not only helps reduce occupational accidents and diseases but also builds trust, strengthens labor discipline, enhances workforce quality, increases productivity, business efficiency, and the competitiveness of the urban economy.” In response to the Action Month on OSH, Coteccons organized the launch ceremony with an interactive booth and exhibition on occupational safety. At construction sites nationwide, the safety message is integrated into weekly meetings to continue spreading safety culture. During the Action Month, Coteccons also participates in roundtables chaired by the Department of Home Affairs to listen to workers’ recommendations and share practical experiences in applying technology to safety management at construction sites. Mr. Kostyantyn Mykhaylyk stated: “As an Industry Leader, Coteccons is committed to maintaining safe workplaces

On the morning of May 7, 2026, the Celesta Gold Project was officially launched with a groundbreaking ceremony along Nguyen Huu Tho Avenue, a strategic growth corridor in Ho Chi Minh City. The ceremony was held in a formal setting with the attendance of Mr. Vo Hoang Lam, CEO of Coteccons BU1, together with representatives of the project developers and business partners. Appointed as the main construction contractor for a contract package valued at over VND 1 trillion, the event not only marked the commencement of a new premium residential development in Southern Saigon, but also reaffirmed Coteccons’ proven execution capability in the high‑end real estate segment. At the same time, it highlighted the tangible effectiveness of Coteccons’ “repeat sales” strategy, as international developers continue to entrust the company with large‑scale projects. Celesta Gold, jointly developed by Keppel, Phu Long, and Nomura Real Estate Vietnam, is built on a land area of more than 1.28 hectares, comprising a 25‑storey development with one basement level. The project is designed to deliver 420 luxury residential apartments, complemented by a commercial podium including officetel units and retail space. Oriented toward sustainable development, Celesta Gold applies Singapore’s BCA Green Mark Gold certification and is scheduled for completion within 19 months. The successful award of Celesta Gold holds significant strategic importance, marking the second consecutive “repeat sale” project that Keppel (Singapore) has entrusted to Coteccons in Ho Chi Minh City, following the successful delivery of The Infiniti project. Commenting on this continued partnership, Mr.

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​