Ho Chi Minh City, June 11, 2026 – Coteccons Construction Joint Stock Company (HOSE: CTD) has once again been honored among Vietnam’s Top 50 Corporate Sustainability Awards (Top50 CSA) 2026, organized by Nhip Cau Dau Tu Magazine. The year 2026 marks the fifth edition of the award program and the fourth consecutive year that Coteccons has been recognized in this prestigious ranking, maintaining its strong track record across all three Environmental, Social, and Governance (ESG) pillars.
Ms. Dinh Thi Hong Tham, Corporate Affairs Director, representing Coteccons, received the award
This year, Coteccons was recognized in two key categories:
- S – Human Capital Strategy for Sustainable Development
- G – Excellence in Corporate Governance
Being acknowledged simultaneously in these two categories reflects a clear evolution in the company’s ESG approach—from strategic commitment to practical execution aligned with international standards, with a strong focus on the two most critical foundations of sustainable development: people and governance.
With its multi-layered assessment framework, Top 50 CSA not only recognizes outcomes but also evaluates how effectively enterprises integrate ESG principles into their strategies and operations. As ESG increasingly becomes a market standard, this recognition highlights Coteccons’ capability to transform ESG commitments into sustainable value for communities, long-term benefits for the business, and positive impacts across its ecosystem.
Staying the Course on ESG: From Commitment to Execution Through People and Governance
In an industry facing ongoing workforce challenges and increasingly stringent operational standards, Coteccons has chosen a foundational approach: transforming both people and systems rather than pursuing short-term optimization.
Under the Social pillar, the company has shifted from a traditional labor-utilization mindset to building a sustainable workforce ecosystem based on the values of Equality, Respect, and Humanity. The scale of this strategy is reflected in measurable outcomes. With a workforce of 2,995 engineers, Coteccons invested 47,724 training hours during fiscal year 2025, averaging 20 hours of learning per employee. ESG-related training alone accounted for 2,879 hours, with over 2,354 participations, demonstrating the company’s strong commitment to sustainability capability building.
At the same time, an internal learning platform featuring 152 courses, together with the Leadership Development Center, has helped standardize employee competencies and cultivate a strong pipeline of future leaders. These efforts positioned Coteccons as the first construction company to be honored at the HR Asia Awards 2025 with awards recognizing its workplace excellence and employee care initiatives.
At project sites, where more than 40,000 construction workers from subcontractors are engaged, Coteccons continues to expand meaningful and practical initiatives. A total of 265,093 safety training hours were delivered in 2025, ensuring that 100% of workers obtained safety certifications. Occupational health screening programs reached nearly 14,000 workers, while insurance and welfare policies were broadly implemented across the workforce.
Community initiatives such as “Xây Tết”, maintained continuously for four years and recognized at the Human Act Prize 2024, demonstrate the company’s long-term commitment to supporting and honoring workers. Notably, Coteccons became the first construction company in Vietnam to establish an independent and confidential 24/7 Helpline (1800 55 88 47), aligned with international business and human rights principles. During its pilot phase alone, the system reached more than 1,500 workers, received 250 calls, and successfully addressed dozens of support cases.
The ‘Xây Tết’ program was initiated by Coteccons to demonstrate its long-term commitment to supporting and showing gratitude towards the workers
These efforts formed the basis for Coteccons’ recognition in the Human Capital Strategy for Sustainable Development category, reflecting how the company is not only improving working conditions but also helping redefine workforce standards across the construction industry.
Alongside its people-focused initiatives, Coteccons has built a governance framework increasingly aligned with international standards and the Vietnam Corporate Governance Code jointly issued by the State Securities Commission of Vietnam (SSC) and the International Finance Corporation (IFC), beginning at the highest level of leadership.
Since 2022, the Board of Directors has established an ESG Subcommittee directly under the Board, demonstrating a strategic-level commitment to sustainable development.
This commitment has been extended throughout the company’s green ecosystem through ESG assessments conducted on 347 partners, suppliers, and subcontractors. This represents a significant step toward standardizing governance practices across the supply chain and progressively building a sustainable supply chain—one of the most impactful yet difficult-to-control areas within the construction sector.
Policies covering business ethics, anti-corruption, and labor rights have been implemented consistently, accompanied by transparent disclosures, monitoring mechanisms, and grievance procedures. Governance capability is also reflected in Coteccons’ ability to meet international project standards, with 48 projects certified under LEED and LOTUS green building standards, creating a strong foundation for global market expansion.
These achievements contributed to the company’s recognition in the Excellence in Corporate Governance category, where governance is viewed not merely as compliance but as a strategic tool for building trust and enhancing competitiveness.
Four Years of Progress: ESG as a Core Capability Across People and Operations
Being recognized in the Top 50 CSA for four consecutive years reflects Coteccons’ systematic and long-term sustainability journey. From building strong foundations in culture and people, the company gradually expanded its focus to environmental stewardship, standardized CSR initiatives, and now concentrates on its two core pillars: human capital and governance.
This evolution demonstrates that ESG is no longer a collection of isolated initiatives but has become an integrated capability embedded throughout the company’s operating model, spanning activities from project sites to corporate offices. Coteccons has progressively transitioned from simply practicing ESG to positioning ESG as a strategic management tool, creating sustainable competitive advantages and strengthening its market leadership.
The year 2026 also marks the third consecutive year that Coteccons has been ranked among Vietnam’s Top 10 Most Reputable Contractors at the Hubexo Asia Awards 2026. Earlier, the company climbed 72 places to rank 304th in the Fortune Southeast Asia 500 ranking released in 2025.
Entering the 2026–2029 period under its strategy of “Leading the Industry in ESG,” Coteccons has established ambitious goals, including expanding the Xây Tết program to reach more than 20,000 workers, ensuring occupational health assessments for 70% of workers, implementing green construction standards across project sites, and extending sustainable supply chain practices. Positive momentum has already emerged, with Xây Tết 2026, held in February 2026 across 20 provinces and cities, reaching more than 33,000 workers both within and beyond the construction sector.
Commenting on this direction, Mr. Bolat Duisenov, Chairman of the Board of Directors of Coteccons, stated: “Throughout our development journey, Coteccons has always believed that being an industry leader is not defined by size or growth rate, but by how a company operates every day—from developing its people to building a transparent and disciplined governance system.
Being recognized in the Top 50 CSA for four consecutive years is an acknowledgment of a consistent and long-term journey. For us, sustainable development is the pathway through which Coteccons contributes to raising standards across the construction industry, fostering a sector that is more transparent, more humane, and more sustainable.
Coteccons hopes that this journey will not only create value for the company itself but also demonstrate the capability of Vietnamese construction enterprises to meet regional and international standards in governance and sustainable development.”
The fourth consecutive Top 50 CSA recognition is therefore more than an award—it is a reaffirmation of a consistent direction: Coteccons is helping shape a construction industry that is more transparent, more people-centric, and more sustainable.
About Top 50 CSA
The Vietnam’s Top 50 Corporate Sustainability Awards (Top50 CSA) is an annual award organized by Nhip Cau Dau Tu Magazine to recognize leading enterprises in ESG implementation in Vietnam. The program evaluates companies comprehensively across the three pillars of Environment, Social Responsibility, and Corporate Governance. The year 2026 marks the fifth edition of the award.
Coteccons’ ESG journey at Top 50 CSA has been marked by a consistent series of achievements. In 2023, the company was recognized in the Social category for “Leading Diversity, Equity and Inclusion.” In 2024, Coteccons achieved a double recognition in the Environmental and Governance categories for Carbon Footprint Reduction and ESG Leadership, respectively. In 2025, the company maintained its recognition in the Social category through its Outstanding CSR Activities.
About Coteccons
Coteccons is one of Vietnam’s leading construction companies, with 22 years of experience in construction and project management. Serving as the core of the Coteccons Group ecosystem, the company wholly owns seven subsidiaries, including Unicons, Covestcons, Sinh Nam Façade, CTD Global, UG M&E, GEO Foundations, and VSOL. Coteccons is committed to delivering world-class, high-quality, and sustainable projects that contribute to building a better future for communities and the nation.
