COTECCONS AND UNICONS HONORED AS TOP 5 MOST REPUTABLE CONTRACTORS IN VIETNAM AND TOP 5 CONSTRUCTION ENTERPRISES OF THE YEAR 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 large number of representatives from construction enterprises. 

Deputy Minister of Construction Bui Xuan Dung delivered a speech.
Mr. Pham Quan Luc, Deputy General Director of Coteccons (center), represented the company in receiving the “Top 5 Most Reputable and Quality Contractor in Vietnam” award from Deputy Minister Bui Xuan Dung (left) and Chairman Dang Viet Dung (right).
Mr. Duong Trong Nghia, Coteccons’ Project Director, represented the company in receiving the “Construction Enterprise of the Year 2024” award.

At the forum, Mr. Nghia delivered a presentation titled “The Language Used in Construction Projects – International and FDI Clients,” sharing key factors prioritized by international and FDI investors when selecting domestic contractors, in the context Vietnam is currently receiving significant investments from global enterprises from countries such as South Korea, Singapore, China, Hong Kong, Taiwan, Japan, Denmark, the United States, and Canada. He highlighted the importance of safety, ESG (Environmental, Social, and Governance), Building Information Modeling (BIM), and especially transparency, which are areas where Coteccons has been highly regarded by FDI investors.  

Mr. Duong Trong Nghia presenting at the forum

Also during the forum, Mr. Pham Quan Luc, alongside other experts in the construction field, discussed the macroeconomic context, the Vietnamese construction market, growth prospects for the construction industry, and common trends among civil construction companies. Mr. Luc stated, “Coteccons always strives for sustainable development in all its business activities, with diversification being one of the key pillars. The recent strong growth in the industrial sector is part of Coteccons’ diversification strategy to lead the industry.” 

Mr. Pham Quan Luc speaking at the forum

Achieving the top position in both categories is a valuable acknowledgment of Coteccons’ remarkable progress in the industry, its relentless commitment to innovation, adherence to international standards, and its vision to be & be recognised as “Industry Leader” – driving the industry forward in every aspect and contributing to the development of Vietnam’s construction sector. 

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Ho Chi Minh City, July 30, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) today announced financial results for Q4 FY2025, posting robust growth across key indicators. The performance was driven by efficient execution and on-time delivery of major projects. In addition to surpassing the profit target, Coteccons closed the year with a backlog of VND 35,353 billion, laying a solid foundation for 2026 growth. Coteccons’ consolidated net revenue in Q4 FY2025 reached VND 8,351 billion, up 26.6% year-on-year. Full-year revenue was estimated at VND 24,867 billion, up 18.2% compared to FY2024. Gross profit in Q4 FY2025 was VND 216 billion, with full-year gross profit estimated at VND 778 billion, up 9.2% year-on-year. The Q4 gross margin stood at 2.58%, while the full-year margin was 3.13%. Net profit after tax in Q4 FY2025 was VND 196 billion—2.8 times higher than the same period last year. Full-year profit was estimated at VND 454 billion, representing a 46.6% increase. This strong performance reflects not only rising construction demand but also Coteccons’ ability to accelerate project delivery, boost execution volume, maintain strict cost control, and ensure timely completion. Coteccons was recently recognized as Vietnam’s largest construction contractor in the Fortune Southeast Asia 500 list. Notably, in 2025, Coteccons advanced 72 places compared to its first year of inclusion—underscoring the company’s remarkable business growth. Contract Wins Up 32%, Backlog Over VND 35 Trillion, strengthening the foundation for growth In H1 2025, Vietnam’s construction sector grew 9.62%—its highest first-half growth in the 2011–2025

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