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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At the Shareholders’ Day event on September 20, 2025, Coteccons’ Chairman – Mr. Bolat Duisenov delivered candid insights on the company’s strategy and long-term vision, beginning with three keywords that he believes will shape not only the construction sector but also the trajectory of Vietnam’s economy in the decades ahead.  On September 20, 2025, Coteccons held its Annual Shareholders’ Day at the construction site of the APEC Convention Center project in Phu Quoc.  Opening the dialogue, Chairman Bolat Duisenov outlined an ambitious 20-year vision for Coteccons, aligned with the country’s development, beginning with the keyword Urbanization. He highlighted that with Vietnam’s current urbanization rate at 40%, the nation stands at a similar stage to where China was two decades ago. This not only signals vast growth potential but also presents significant opportunities for the construction industry to shape an integrated infrastructure ecosystem — spanning roads, bridges, airports, hospitals, and schools.  Continuing on the growth trajectory, Mr. Bolat emphasized the theme of Industrialization. Vietnam is emerging as a regional “industrial hub,” attracting over 60% of total FDI into manufacturing and high-tech sectors. With advantages in a young and skilled workforce, strategic geographic location, and strong government support, well-prepared and capable construction companies are positioned to seize this golden opportunity.  The final cornerstone of the strategic vision is Globalization. As Vietnam’s position on the international stage continues to strengthen, Coteccons is boldly venturing into the vast ocean. With projects already executed and underway in Laos, Cambodia, Myanmar, India, and Taiwan, and

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