COTECCONS HONORED IN THE TOP 10 SUSTAINABLE MANUFACTURING COMPANIES AT CSI 2024

Facebook-square Linkedin-in

Hanoi, November 29, 2024 – Coteccons Construction Joint Stock Company proudly earned a spot in the Top 10 Sustainable Companies in the Manufacturing sector at the Corporate Sustainability Index (CSI 2024). 

The CSI 2024 program, organized by the Vietnam Chamber of Commerce and Industry (VCCI) in collaboration with the Central Economic Commission, the Ministry of Labor, Invalids and Social Affairs, the Ministry of Natural Resources and Environment, and the Vietnam General Confederation of Labor, is based on the 2024 Corporate Sustainability Index (CSI). This index comprises 153 comprehensive indicators spanning economic performance, corporate governance, social responsibility, and environmental impact. Of these, 62% focus on compliance, while 38% include advanced criteria designed to encourage businesses to not only achieve operational efficiency but also enhance competitiveness and resilience in the face of global economic fluctuations. 

Ms. Đinh Thị Ngọc Bích, Independent Member of Coteccons’ ESG Subcommittee, represented the company in receiving the award. 

Coteccons reaffirms the commitment to sustainable development by integrating the ESG (Environmental, Social, Governance) pillars into our production and business strategy. This serves as the foundation for strengthening the company’s “inner power,” enabling the realization of long-term sustainable development goals. 

Beyond the CSI award, Coteccons achieved numerous other milestones in ESG practices in 2024, including: 

  • Being named in the Top 50 Corporate Sustainability Awards (Top50 CSA) by Nhịp Cầu Đầu Tư magazine.
  • Ranking in the Top 20 Vietnam Sustainability Index (VNSI) as evaluated by the Ho Chi Minh City Stock Exchange (HoSE). 

These achievements further consolidate Coteccons’ position as a pioneering brand in the construction industry while underscoring its strong commitment to supporting the government’s goal of achieving Net Zero by 2050. 

Coteccons recognizes that every brick in a construction project is not merely a material but also a reflection of our responsibility to protect the planet. Sustainable development is a journey that bridges humanity, nature, and technology to preserve core values for future generations. “Only when every small action is geared toward sustainability can we build enduring values,” emphasized a Coteccons representative. 

As a vital link in the development of the construction industry, Coteccons remains dedicated to our mission of driving sustainable values within Vietnam’s corporate community and on a global scale. 

RELATED POSTS

Sustainable Construction – Coteccons Shares Its Vision at Archify Live 2025

On August 22, 2025, at the Archify Live conference organized by Hubexo with the theme “Eco-Friendly Architecture – Building a Sustainable Future”, Mr. Dương Trọng Nghĩa, Project Director of Coteccons, participated in a panel discussion alongside other industry experts and shared his perspectives on the rising trend of green buildings and the journey of Vietnamese contractors expanding into international markets. Balancing Quality and Cost – Coteccons’ Perspective Mr. Nghĩa noted that the tension between cost and quality in construction isn’t solely driven by clients—intense competition among contractors, especially in the real estate market downturn post-COVID-19, plays a major role. He emphasized: “Clients cannot push prices down if contractors themselves do not engage in fierce competition, creating a ‘red ocean’.” Coteccons opts instead to optimize through smart strategies—financial management, centralized procurement, and value engineering—to deliver real value rather than resorting to price undercutting. Green Buildings – An Inevitable Trend Regarding sustainability, Coteccons’ representative shared that nearly all their FDI-led projects now conform to green building standards (LEED, Lotus, GreenMark, EDGE). Locally, 20–30% of Vietnamese clients are aiming for green certification. Mr. Nghĩa remarked that while green buildings used to cost 10–20% more, today the premium is minimal thanks to the widespread availability of green materials and solutions. Crucially, contractors and architects must recognize their responsibility to reduce emissions and contribute to sustainable development. In practice, Coteccons has already implemented multiple green initiatives such as using solar power or LED lights for temporary site lighting, managing dust with rainwater, installing washing

READ NEWS

Coteccons Reports Q4 and FY2025 Results: Backlog Exceeds VND 35 Trillion; Full-Year Contract Wins Up 32%, Strengthening 2026 Outlook

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

READ NEWS

Coteccons Recognized for the Third Consecutive Year Among Vietnam’s Top 50 Corporate Sustainability Awards (Top50 CSA)

Ho Chi Minh City, July 15, 2025 – Coteccons (Ticker: CTD) has once again been honored among the Top 50 Corporate Sustainability Awards (CSA 2025), organized annually by Nhip Cau Dau Tu Magazine. This marks the third consecutive year Coteccons has earned a place on this prestigious list. This year, Coteccons was recognized in the S category – Outstanding Corporate Social Responsibility (CSR) Initiatives, highlighting the company’s unwavering efforts to create practical and sustainable value for communities nationwide. In previous years, Coteccons was also recognized for excellence across other ESG pillars, including S – Leading in Diversity, Equity and Inclusion (D.E.I), E – Minimize Carbon Footprint and G – ESG Leadership. Throughout its development journey, Coteccons has consistently implemented meaningful CSR programs guided by the aspiration that wherever Coteccons builds, the surrounding environment becomes greener, safer, more comfortable and meaningful. Among its signature initiatives is the “Xay Tet” (“Building Tet”) program, which over the past three years has delivered nearly 48,000 Tet gift packages and over 25,000 health check-ups to construction workers across Vietnam. In 2024, Xay Tet was awarded the Human Act Prize, a national recognition honoring community-focused initiatives under the auspices of Nhan Dan Newspaper. In addition, the “Nha Minh” (“Our Home”) initiative has to date renovated and repainted 144 public and community facilities – from schools and cultural centers to memorial sites and residential buildings – improving living and working conditions for tens of thousands of local residents. Coteccons has also launched numerous other impactful CSR

READ NEWS

Knowing about us

DOWNLOAD OUR PROFILE
Recruitment
Contact
Be our supplier and sub-contractor
Facebook-square Youtube Linkedin-in Tiktok

Ho Chi Minh

HEAD OFFICE
Coteccons Building, 236/6 Dien Bien Phu, Gia Dinh Ward, Ho Chi Minh City.

Ha Noi

Representative Office
8th Floor - Tower 2 - Capital Place Building - No. 29 Lieu Giai, Ngoc Ha Ward, Hanoi.
Facebook
Youtube
Linkedin
Zalo
instagram
Tiktok
84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​