Green Commitment – Coteccons’ Strategic Launch to Build a Sustainable Construction Ecosystem

On June 3, 2025, Coteccons signed a memorandum of understanding with Long Thanh Construction Production Co., Ltd, an enterprise specializing in collecting, segregating and recycling construction waste, to co-launch a circular economy initiative in the construction sector. This collaboration aims to establish a “collect – recycle – reuse” model for construction waste at project sites. Concurrently, Coteccons Group and its subsidiaries formalized the “Green Commitment,” pledging to implement and uphold the goal of circular economy development and responsible business practices (SDG 12) – one of five key objectives guiding all project management and execution processes. This event signifies Coteccons’ dedicated efforts to connect stakeholders in pursuit of construction solutions that deliver long-term values for all.

The MOU was attended by leaders and member companies of the Coteccons ecosystem
The MOU was attended by leaders and member companies of the Coteccons ecosystem
All delegates expressed a shared commitment to advancing the circular economy
All delegates expressed a shared commitment to advancing the circular economy

Amid global environmental challenges, where construction and demolition waste accounts for approximately 30% of total solid waste, transitioning to a circular economy model is not only an inevitable trend but also a responsibility for leading industry players to mitigate environmental impacts.
As Vietnam’s premier general contractor, Coteccons, in partnership with Long Thanh Construction Production Co., Ltd. – a specialist in waste collection, sorting, and recycling – has pioneered the “collect – recycle – reuse” model at construction sites. This collaboration gives a “second life” to materials otherwise discarded, contributing to resource lifecycle renewal and sustainable development.

Ms. Nguyễn Trình Thùy Trang, Deputy CEO of Coteccons, shared at the MOU
Ms. Nguyễn Trình Thùy Trang, Deputy CEO of Coteccons, shared at the MOU

Ms. Nguyễn Trình Thùy Trang, Deputy CEO of Coteccons, shared at the ceremony: “Sustainable development is not merely a matter of regulatory compliance but a deliberate choice for every business. At Coteccons, sustainability is not a slogan but a daily practice, a culture that resonates with every engineer, worker, and staff member – from the office to the construction site, across Coteccons, Unicons, Sinh Nam Metal (Vietnam), and UG M&E.
We proactively engage with partners, subcontractors, and clients to share expertise, implement best practices, and elevate industry standards through clear commitments and practical values. Coteccons firmly believes that our strategic partnership with Long Thanh Manufacturing Construction Co., Ltd. is a vital link in the construction material recycling chain, paving the way for a circular economy model in the construction sector and creating long-term values for all stakeholders.”

Mr. Nguyễn Văn Hoàng, representative of Long Thanh Construction Production Co., Ltd., shared the following commitments as a partner of Coteccons
Mr. Nguyễn Văn Hoàng, representative of Long Thanh Construction Production Co., Ltd., shared the following commitments as a partner of Coteccons

In response, Mr. Nguyễn Văn Hoàng, Director of Long Thanh Construction Production Co., Ltd., affirmed: “The partnership between Coteccons and Long Thanh will deliver tangible values in the collection, sorting, and recycling of construction waste, contributing to the long-term goal of establishing a circular economy model in the construction industry.”

The “Green Commitment” underscores Coteccons’ determination to drive the circular economy within the construction ecosystem.
The “Green Commitment” underscores Coteccons’ determination to drive the circular economy within the construction ecosystem.

The highlight of the event was the signing of the “Green Commitment” by Coteccons’ subsidiaries, reflecting a resolute dedication to fostering a sustainable future for all stakeholders in the construction value chain.

Mr. Văn Vi Thiện, Managing Director of Coteccons Business Unit 01 (BU1), pledged: “Drawing from project implementation experience, we commit to applying technology and rigorous management processes to minimize material waste, particularly steel, a high-weightage material with significant environmental impact. We focus on training our engineers to shift from mere supervision to comprehensive management, encompassing cost and environmental considerations. Our goal is to make sustainability a habit at every construction site, driven not by obligation but by responsibility to the community, environment, and society.”

Coteccons and Long Thanh Construction Co., Ltd. signed the memorandum of understanding to initiate circular economy connections in the construction industry.
Coteccons and Long Thanh Construction Co., Ltd. signed the memorandum of understanding to initiate circular economy connections in the construction industry.

Through the Green Commitment, Coteccons reaffirms its pioneering role in promoting the circular economy in construction. This commitment is realized through the integration of the 3R principles (Reduce – Reuse – Recycle) across the entire value chain – from design and material selection to construction and project operation. At construction sites, Coteccons implements waste collection, sorting, and recycling in accordance with strict processes and standards, ensuring compliance to legal requirements, transparency, and material traceability. At the same time, Coteccons cultivates a circular economy mindset within its workforce and expands collaborations with partners within and beyond the industry to bring green initiatives to life, shaping a sustainable future for the construction sector.

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On May 24, 2025, Vietnam National University Ho Chi Minh City (VNU-HCM) and Coteccons Construction JSC officially signed a comprehensive Memorandum of Understanding (MoU), marking a key milestone in realizing the “Three Pillars” collaboration model: Government – Academia – Business. More than a conventional partnership, this MoU reflects a long-term commitment by all three stakeholders to co-build an innovation-driven ecosystem where knowledge, technology, and people converge for sustainable development. The signing takes place as Ho Chi Minh City accelerates the implementation of the Politburo’s Resolution No. 57-NQ/TW, which identifies science, technology, innovation, and digital transformation as breakthrough drivers for national growth. The “Three Pillars” model—Government, Academia, and Business—has been defined by VNU-HCM as a strategic triangle and a cornerstone of the national innovation ecosystem. As Assoc. Prof. Dr. Vu Hai Quan emphasized: “Effective three-way collaboration must follow a shared operating principle: co-design, co-implement, and co-share. When enterprises, universities, and government agencies come together to solve major challenges and share the risks, I believe we will achieve our national aspiration to become a high-income developed country by 2045.” Accordingly, the parties will jointly define research goals and share financial benefits derived from successful applications. When this “strategic triangle” functions effectively, it enables the country to leapfrog development stages and break free from the middle-income trap. Speaking at the event, Mr. Tran Luu Quang – Head of the Central Economic Commission – affirmed that the “Three Pillars” collaboration, as guided by Resolution 57-NQ/TW, is the only path toward a brighter future

Coteccons has successfully handed over the Viet Y Steel Plant at Nam Cau Kien Industrial Park, Thuy Nguyen District, Hai Phong City – a flagship project in the high-tech industrial construction sector in Northern Vietnam.  Exterior of the Viet Y Steel Plant in Hai Phong.  With complex technical requirements and high precision, the project is a clear testament to Coteccons’ professional, precise, and internationally-standardized construction capabilities – especially in industrial projects integrating high-tech production lines. A Technically and Constructionally “Heavy” Project The plant is built on an area of 3 hectares, including various components such as the main workshop, auxiliary areas, landscape infrastructure, and particularly the connection area between the old and new workshops. The overall structure is a perfect combination of solid reinforced concrete foundations and prefabricated steel frames up to 20 meters high, with three steel frame systems spanning approximately 28 meters each, using a total steel structure weight of 5,000 tons. The steel frame structure with a span of 28 meters has been constructed to align with the operational design of the plant.  Leveraging experience in large-scale industrial projects, Coteccons has implemented methodical construction, tightly controlling the entire process, meeting stringent requirements for quality, safety, and progress. Precision to Every Millimeter – Foundation for High-Tech Production Lines As an industrial project integrating the most modern equipment, 100% imported from the world’s leading steel group Danieli (Italy), the Viet Y Steel Plant project sets special requirements for precision in construction – particularly in machine foundation components and

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. 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

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