Coteccons Attends P4G 2025 Summit: A Strong Commitment to Sustainable Development

The fourth Partnering for Green Growth and the Global Goals 2030 (P4G) Summit convened in Hanoi from April 15 to 17, 2025. This landmark event marked the first time Vietnam hosted a high-level multilateral forum dedicated to green growth, under the theme “Sustainable Green Transition: Putting People at the Centre.” It also represents the largest multilateral summit on green growth to be held in Vietnam during the 2021–2026 period.

The opening ceremony was graced by the presence of General Secretary Tô Lâm, Prime Minister Phạm Minh Chính, and numerous distinguished delegates. – Photo: VGP

The Summit served as a pivotal platform to foster public-private partnerships and strengthen collaboration between governments, businesses, and civil society. The objective was to accelerate the development and implementation of innovative, impactful solutions for green growth. It further provided Vietnam with an invaluable opportunity to underscore its resolute commitment to the United Nations Sustainable Development Goals (SDGs), energy transition, and its net-zero emissions target by 2050.

General Secretary Tô Lâm delivered a keynote address, reaffirming Vietnam’s strategic direction towards a people-centered, sustainable future. – Photo: VGP

The event attracted nearly 1,000 delegates from over 40 countries and international institutions, including heads of P4G partner states, senior representatives of global organizations, and prominent investors and enterprises at the forefront of sustainable development and green finance.

In his address, Prime Minister Phạm Minh Chính emphasized that, for Vietnam, the green transition—together with digital transformation—is not only an inevitable path, but a decisive driver for breakthrough development. – Photo: VGP

Coteccons was honored to be among the prominent corporate representatives invited to participate in the P4G Summit 2025. This recognition reflects the company’s unwavering dedication to sustainability and its active role in driving the national green agenda. Representing the construction sector—which directly and indirectly employs over 30,000 workers nationwide—Coteccons contributed to the Ministerial Dialogue titled “Investing in People – Building a Workforce for the Future Economy.”

At the forum, Coteccons articulated its vision aligned with the Vietnamese Government’s strategic emphasis on empowering the private sector. The development of human capital was highlighted as the foundational pillar of long-term, inclusive growth. This approach mirrors the core of Coteccons’ ESG strategy, which prioritizes people development as a means to cultivate a business that is not only resilient and forward-looking, but also socially and nationally responsible.

Ms. Đinh Thị Ngọc Bích – Independent Member of Coteccons’ ESG Subcommittee – delivered the company’s remarks during the ministerial session. – Photo: VGP/Nhật Bắc, Nhân Dân Newspaper/Thanh Hải

The discussion featured contributions from senior representatives of nations including Colombia, the Philippines, Rwanda, and Qatar, as well as leading international organizations such as UNDP and UNICEF. A shared consensus emerged on the urgent need to cultivate a workforce equipped with “green” skills to meet the demands of the emerging green economy. Green construction was repeatedly cited as a strategic priority within sustainable development pathways. The dialogue further emphasized the necessity of inclusive policies that uplift vulnerable groups—such as women, children, and the economically disadvantaged—as essential stakeholders in the green transition.

Ms. Nguyễn Trình Thuỳ Trang – Deputy CEO of Coteccons – and Ms. Đinh Thị Ngọc Bích – ESG Subcommittee Member – at the Summit. – Photo: VGP/Nhật Bắc, Nhân Dân Newspaper/Thanh Hải

Amid Vietnam’s journey toward innovation and sustainability, Coteccons continues to solidify its role as a vanguard of the nation’s construction industry. Through a comprehensive and deeply rooted sustainability strategy, the company not only enables its workforce to take part in this transformation, but ensures that they share equitably in its benefits—collectively shaping a green, inclusive, and prosperous future for generations to come.

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Ho Chi Minh City, September 25, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) has announced its audited consolidated financial statements for fiscal year 2025, with several positive adjustments compared to the previously released unaudited figures. The results reaffirm the Company’s efforts in cost control and operational efficiency amid a challenging construction market. Specifically, the audited FY2025 results highlight the following positive growths: Consolidated net revenue reached VND 24,885 billion, an increase of VND 18 billion compared to the unaudited report, completing 99.5% of the target set at the FY2024 Annual General Meeting (AGM). Despite industry headwinds such as intense competition and rising material and labor costs, Coteccons effectively controlled expenses and enhanced project execution capabilities. As a result, gross profit rose to VND 815 billion, up VND 37 billion, lifting the gross margin to 3.28%, nearly on par with last year’s level (3.39%). Operating profit reached VND 533 billion, an increase of VND 4 billion after audit. The operating profit margin improved to 2.14%, up 0.69 percentage points year-on-year. Net profit after tax rose by VND 2 billion compared to the unaudited report, fulfilling 106% of the annual plan. Return on average equity (ROE) reached 5.09%, a 1.49 percentage point improvement year-on-year. As of June 30, 2025, Coteccons’ consolidated total assets stood at VND 29,701 billion, up VND 118 billion from the pre-audit report and increasing 30% compared to FY2024. The debt-to-total-assets ratio remained low at 10%, reflecting a healthy capital structure with strengthened financial scale and

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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