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.

RELATED POSTS

Ho Chi Minh City, April 24, 2026 – Coteccons Construction Joint Stock Company (HOSE: CTD) today announced its business results for the third quarter of fiscal year 2026 (accounting period from January 1, 2026 to March 31, 2026). The Company continued to record positive year-on-year growth in both revenue and profit, reaffirming the effectiveness of its management strategy and execution capabilities amid a challenging market environment. Consolidated business results for Q3 and 9M FY2026 In Q3 FY2026, net revenue reached VND 6,409 billion, representing an approximately 28% increase YoY (Q3 FY2025: VND 5,003 billion). Cumulative net revenue for the first 9 months was estimated at VND 23,868 billion, up approximately 43% YoY (compared with VND 16,647 billion), equivalent to around 80% of the FY2026 Annual Operating Plan (AOP FY26). Gross profit for Q3 reached VND 287 billion, an increase of approximately 84% YoY. For the first nine months of the fiscal year, gross profit was estimated at VND 980 billion, representing a 75% increase compared to the same period last year. Profit after tax in Q3 amounted to VND 119 billion, up approximately 108% YoY. Cumulative profit after tax for the first nine months was estimated at VND 642 billion, increasing by approximately 152% YoY, and achieving around 92% of the FY2026 AOP. Net profit margin for Q3 reached 1.86%, up 0.71 percentage points YoY. For the first nine months of FY2026, the net margin was estimated at 2.69%, improving by 1.16 percentage points. Against the backdrop of the

For the fourth consecutive year, Coteccons has secured the No.1 position in the Top 10 Most Reputable Construction Contractors 2026, as announced by Vietnam Report in collaboration with Vietnamnet, reaffirming the Company’s resilient fundamentals amid an increasingly competitive industry landscape. The Top 10 Most Reputable Construction Contractors 2026 ranking, published by Vietnam Report, is built upon  objective criteria including financial capacity, media credibility, and expert evaluations. As Vietnam’s construction sector enters a strong recovery phase, this year’s ranking highlights the clear advancements of leading contractors, not only in business performance but also in their ability to deliver large-scale and complex projects.  Ms. Dinh Thi Hong Tham, Corporate Affairs Director, representing Coteccons, received the award Entering 2026, Vietnam’s construction industry has recorded a notable recovery, driven by record-high public investment disbursement and stable foreign direct investment (FDI) inflows. According to Vietnam Report, in 2025, the sector’s gross value added (GVA) grew by 9.62%, outpacing overall GDP growth and reinforcing construction’s role as a key economic growth engine. Nevertheless, the industry continues to face structural challenges, including rising input costs, talent shortages, and increasing demands on project execution capabilities.  Coteccons’ sustained leadership is underpinned by strong financial performance. In the first half of fiscal year 2026, the Company recorded revenue of approximately VND 17,459 billion, representing a nearly 50% year-on-year increase, while profit after tax reached VND 523 billion, posting a robust 165% growth. Notably, Coteccons achieved a record-high backlog of approximately VND 62,500 billion, reflecting a healthy project pipeline and

Ho Chi Minh City — Coteccons Construction Joint Stock Company (HoSE: CTD) has officially partnered with Workday to implement a Human Capital Management (HCM) platform, guided by the core principle of placing people at the center of every decision. The platform aims to build a transparent and trusted work environment where every individual is empowered to grow through clear, connected data. This partnership combine Workday AI-powered HCM platform with a deep understanding of the Vietnamese market and the unique complexities of the construction sector. Workday, a trusted partner to more than 60% of the Fortune 500, is an enterprise AI platform for managing people, money, and agents. Coteccons leads the localization and implementation to ensure the system meets the practical operational needs of the industry. “In a shifting macro-economic landscape, Vietnam’s demographic strength—where 70% of the population is of working age (*)—is increasingly redefining expectations for the modern workplace. This new generation of talent prioritizes rapid career progression, real-time feedback, and a seamless digital experience similar to everyday consumer apps. To remain competitive, organizations must prioritize business transformation to build centralized data systems that optimize operations and create a long-term foundation for nurturing talent. For the construction industry, a sector traditionally slower to embrace digital transformation, Coteccons views human resource management not merely as an administrative function, but as a strategic pillar. Partnering with Workday establishes a unified, transparent, and reliable HR platform that enhances employee experience, empowers management to make decisions based on real-time data, and reduces reliance

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​