COTECCONS AND ITS JOURNEY OF CREATING SUSTAINABLE VALUE, LEADING THROUGH STANDARDS, GROWING THROUGH PEOPLE

Hanoi, December 26, 2025 – Coteccons Construction Joint Stock Company is honored to be recognized at the VALUE500 – VBE500 – VBW10 – MAE50 Announcement and Award Ceremony, a prestigious annual event jointly organized by Viet Research and Vietnam Investment Review (VIR). At the ceremony, Coteccons was proudly awarded across four key rankings:

  • Top 10 Vietnam Value Creators – Construction Sector (VALUE10): Coteccons ranked No.1 in the industry, while also making a strong leap on the national VALUE500 ranking, rising 47 positions from 120/500 in 2024 to 73/500 nationwide. 
  • Vietnam Top 500 Best Employers (VBE500): Coteccons advanced 19 places, from 54/500 in 2024 to 35/500 nationwide. 
  • Vietnam Top 10 Best Workplaces – Construction Sector (VBW10): Coteccons maintained its No.1 position in the industry ranking. 
  • Top 50 Most Attractive Employers 2025 (MAE50) 

Mr. Pham Quang Vu – Board Member, representing Coteccons, receiving the VALUE10 award 

Mr. Truong Thanh Hai – Workforce Planning & Deployment Manager, representing Coteccons, received the VBW10 and MAE50 awards

Within the framework of Viet Research’s annual research and ranking programs, Coteccons’ presence across all four prestigious lists reflects a comprehensive recognition of its value creation capability, employer attractiveness, and workplace quality. Specifically, VALUE10 honors enterprises that serve as value pillars of the national economy based on business performance, innovation, and sustainable development; VBE500 recognizes leading employers through assessments of workforce scale, working environment, and employee satisfaction; VBW10 highlights industry leaders in  workplace quality;  while MAE50 identifies the most attractive employers based on brand appeal, innovation capability,  and long-term investment in people.

Achieving high rankings simultaneously across all four lists demonstrates that Coteccons not only creates sustainable value in its business operations but also builds a credible, attractive, and widely recognized working environment for employees, candidates, and stakeholders.

These achievements are especially meaningful in a global business environment increasingly shaped by volatility, uncertainty, complexity, and ambiguity. As macroeconomic fluctuations, competitive pressure, and sustainability demands intensify, enterprises can no longer pursue short-term growth alone but must transition toward long-term value creation, enhanced adaptability, and positive societal contribution. In this context, Coteccons’ recognition across prestigious rankings for both enterprise value and workplace excellence stands as clear evidence of its consistent, deeply rooted, and sustainable development orientation.

Industry Leader –Raising Industry Standards through Responsibility and Integrity

In its long-term development strategy, Coteccons defines the role of Industry Leader not as a title, but as a mission – one that carries the responsibility of raising standards and creating sustainable value across the entire industry ecosystem. For Coteccons, leadership is measured not just by scale or market share, but by the positive impact and trust it builds within the industry and society.

Guided by the philosophy of “Serve To Lead”, Coteccons closely aligns its business objectives with national interests, societal needs, and the broader construction value chain. The company has proactively shifted from purely quantitative growth toward growth driven by quality, efficiency, and long-term value, while willingly embracing pressure and challenges to continuously elevate both itself and the market.

On this foundation, Coteccons fulfills its Industry Leader mission by establishing and cascading ESG  standards across its value chain, covering a network of more than 3,000 suppliers and subcontractors. Beyond setting cooperation requirements, Coteccons actively creates incentives for effective implementation. A notable initiative is the Coteccons Partner Excellence Awards, launched on the company’s 21st anniversary, honoring partners who meet and uphold ESG standards and encouraging the wider adoption of sustainable practices across the construction industry.

Alongside its impact on the partner ecosystem, Coteccons continues to affirm its role as a trusted companion to the State, society, and the business community in strengthening the competitiveness and international integration of Vietnam’s construction sector. As a result, Coteccons’ sustainable value is measured not merely by revenue or profit, but by its influence, standards, and long-term credibility.

People-Centered Leadership – The Foundation of Sustainable Development

In its long-term strategy, Coteccons identifies people as the central pillar and the most critical form of capital for sustaining competitiveness and long-term value creation. Rather than pursuing the ambition of becoming the largest company, Coteccons chooses to become the best in clearly defined strategic domains, guided by a philosophy of “Selective Leadership” throughout its development journey.

Coteccons is determined to become the first construction company in the world truly centered on people – a “Human-hearted Company”. On this foundation, the company consistently builds an organization operated with discipline, standards, and high performance, yet guided by humanistic values, where every individual is respected, cared for, and supported in long-term development. Coteccons not only shapes buildings, but also shapes itself by nurturing kindness, responsibility, and a spirit of service throughout the organization.

This people-centered strategy is translated into concrete actions, particularly in protecting the voice and rights of workers on construction sites. Recognizing that many construction workers face difficulties in accessing legal advice, labor rights support, or grievance mechanisms, Coteccons proactively launched Helpline, a free support hotline for workers. Helpline is more than a communication channel; it represents Coteccons’ human-centered commitment to building a safe, fair, and respectful working environment, aligned with international standards on business and human rights.

The recognitions from VALUE10, VBE500, VBW10, and MAE50 are not a destination, but a reminder of the responsibility Coteccons has embraced in its role as an Industry Leader. The company remains committed to pursuing a development strategy rooted in long-term value, raising construction industry standards through transparency and sustainability, and steadfastly building a people-centered workplace. On this journey, Coteccons will continue to innovate, serve, and spread positive values for the industry, for society, and for the shared future of the nation.

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Ho Chi Minh City, December 19, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) has officially approved the acquisition of 100% equity in GEO Foundations Vietnam (formerly Bauer Vietnam), a company with 100% foreign investment in Vietnam by BAUER SPEZIALTIEFBAU GMBH (Germany), one of the global pioneers in specialized foundation engineering. This acquisition marks a strategic move for Coteccons to strengthen its core technical capabilities, expand its BuildTech ecosystem, and accelerate its growth strategy in anticipation of the public investment cycle for 2026–2030. BAUER, headquartered in Schrobenhausen (Germany), is a world leader in specialized foundation engineering and underground construction. BAUER SPEZIALTIEFBAU GMBH boasts over 50 years of deep expertise, having executed thousands of complex projects worldwide and set high technical standards for modern foundation construction. GEO Foundations Vietnam inherits the full technological platform, processes, and quality standards from its parent company in Germany. Established in 2006, the company has achieved significant milestones by participating in large-scale projects across various sectors, including oil refineries, shopping centers, high-rise residential buildings, commercial-service complexes, key infrastructure, and government projects. Not only has GEO Foundations Vietnam been entrusted with some of the most prestigious projects in Vietnam, but it also strictly adheres to BAUER’s international technical standards in every project. With a team of experienced engineers and managers both locally and internationally, the company is committed to delivering superior construction quality and services that meet the most demanding client requirements. GEO Foundations Vietnam has participated in approximately 60 infrastructure, industrial, and high-rise projects,

Hanoi – Nhan Dan Newspaper, in coordination with Coteccons Construction Joint Stock Company (CTD), officially launched the “Xây Táşżt 2026” program under the theme “Thank You to the Guardians of Happiness”. The program highlights the message that workers’ happiness is built upon 365 days of safe working practices. Safety as Culture, Right, and Responsibility Speaking at the ceremony, Ms. Nguyen Trinh Thuy Trang, Deputy CEO of Coteccons, emphasized that at Coteccons, the principle “If it is not safe, stop work” is not merely a slogan but a core operating rule. Safety engineers are empowered to halt construction to protect workers, and workers themselves are encouraged to refuse tasks that pose potential risks. This mindset transforms safety from a regulation into a voluntary daily practice. Ms. Nguyen Trinh Thuy Trang, Deputy CEO of Coteccons, delivers her remarks at the ceremony In the opening documentary of the event, a Coteccons safety engineer shared a perspective often perceived as that of a “villain” on construction sites—someone who constantly reminds and enforces compliance. Yet, this strictness helps workers build awareness and refuse to work at unsafe, poorly protected sites. The story reflects a reality in which safety has become a defining cultural value across Coteccons’ projects. Why Safety? The construction industry is among those with the highest rates of occupational accidents. Therefore, Coteccons selected “safety” as the central theme of “Xây Táşżt 2026″ to reaffirm that economic development must go hand in hand with human protection. As a contractor involved in numerous national

Ho Chi Minh City – Nhan Dan Newspaper, the Ho Chi Minh City Press Center, and Coteccons Construction Joint Stock Company have signed a Memorandum of Understanding, officially expanding the “Xây Táşżt 2026” program in Ho Chi Minh City. The program aims to care for 8,000 workers in the city, including construction workers, environmental sanitation workers, and urban drainage workers. Representatives of Nhan Dan Newspaper, the City Press Center, Coteccons, Ho Chi Minh City departments, enterprises, and charitable organizations jointly performed the ceremony marking their commitment to organizing “Xây Táşżt 2026” for 8,000 workers within and beyond the construction sector in Ho Chi Minh City “Xây Táşżt”: A Year-Round Journey of Companionship According to Mr. Nguyen Van Khanh, Deputy Director of the Ho Chi Minh City Press Center, Xây Táşżt is a large-scale social welfare initiative aligned with the city’s orientation toward comprehensive care for workers’ well-being during the Lunar New Year. Mr. Nguyen Van Khanh, Deputy Director of the City Press Center, delivers remarks at the ceremony “The program not only brings a more fulfilling Tet to workers, but also spreads humane values, a culture of occupational safety, and self-protection awareness within the community”, Mr. Khanh emphasized. The Ho Chi Minh City Press Center will act as the coordinating and communication hub, working closely with Nhan Dan Newspaper, Coteccons, and relevant stakeholders to ensure the program is implemented effectively, in line with its objectives, and generates positive social impact. Highly appreciating the “Xây Táşżt” program, Mr. Le Nam

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