GOVERNANCE
GOVERNANCE
Transparent governance for sustainable growth
At Coteccons, we believe that managing environmental and social issues, as well as corporate governance, is also about risk management activities. These are important factors for achieving sustainable development goals. Therefore, strengthening the activities to improve ESG efficiency at the office and construction site is to build a supportive cultural environment. These are essential activities to create surplus value for the company. Based on that, we have developed and implemented responsible business principles. Corporate governance at Coteccons ensures fair rights for all investors and shareholders.
Our policies and procedures demonstrate how we implement serious corporate governance. Our leaders manage as long-term investors because they, like most Coteccons employees at all levels, share a long-term investment vision.
See Coteccons’ Sustainable Development Governance Policy details HERE.
BOARD MEMBER
our activities
SUSTAINABILITY NEWS
On the morning of October 20 at its Ho Chi Minh City headquarters, Coteccons Construction Joint Stock Company (HOSE: CTD) held its 2025 Annual General Meeting of Shareholders. Setting an ambitious revenue target of VND 30,000 billion for 2026 — the highest in its history — Coteccons reaffirmed its belief that “we don’t need to run; we just need to move in the right direction.” COTECCONS’ JOURNEY – AN OLYMPIC RACE “DESTINED FOR A MEDAL” “2025 marks 20+1 years of Coteccons’ presence in Vietnam, and at the same time, it is also a new milestone in the company’s development journey. This is an occasion for us to present the business results for the fiscal year 2025, the plan for the fiscal year 2026, and at the same time share upcoming strategies, especially in human resource development, with the hope of receiving valuable feedback from shareholders and partners. On the occasion of Vietnamese Women’s Day, I would also like to extend my congratulations to all the women present here and to the grandmothers and mothers at home”, Mr. Bolat opened his speech at the 2025 Annual General Meeting of Shareholders. The business chart of the past year shows that we are moving in the right direction. As Coteccons turns 20+1, the company’s goal is to build a strong next-generation leadership team and reduce reliance on the direct presence of the current management. “I believe that by 2030, the next-generation leadership system will be firmly established, and my personal role will
- October 21, 2025
Press Release Ho Chi Minh City, October 17, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD): Approved a plan to issue non-convertible, non-warrant, and unsecured bonds with a total value of up to VND 1,400 billion, announced on October 15, 2025. Announced changes in the Board of Supervisors’ personnel as part of our ongoing efforts to enhance corporate governance standards. The intention of bond issuance is a part of Coteccons’ long-term financial strategy to diversify funding sources, optimize capital structure, maintain liquidity and operation. This is a strategic step to align with the Company’s long-term vision, leverage growth cycle supported by a record-high backlog and expand investment opportunities in line with Coteccons’ diversification strategy. Mr. Nguyen Van Dua, Deputy CEO, Finance & Legal Division, shared: “The bond issuance marks a strategic step in Coteccons’ long-term financial roadmap. This move enables us to optimize our capital structure and maintain a balanced mix between short-term debt, long-term bonds, and equity. While channeling resources into infrastructure projects and expanding our EPC capabilities, we continue to ensure healthy cash flow and align the interests of our partners, subcontractors, and employees. This demonstrates our unwavering commitment to transparency, responsibility, and the core values that define Coteccons as a trusted general contractor entering a new phase of growth.” The issuance process is conducted with the support of an experienced and professional advisory partner, ensuring full compliance with legal requirements and the highest standards of transparency and efficiency. Coteccons maintains a strong financial structure, with
- October 17, 2025
Ho Chi Minh City, December 5, 2024 – Coteccons Construction Joint Stock Company (HoSE: CTD) is honored to be named among the Top 50 Companies with Best Corporate Governance Practices – VNCG50. This recognition was awarded by the Vietnam Institute of Directors (VIOD) in collaboration with the International Finance Corporation (IFC), the Swiss State Secretariat for Economic Affairs (SECO), and the State Securities Commission of Vietnam (SSC). Remarkably, Coteccons is the only construction enterprise to make this prestigious list. As international funds and foreign investors increasingly channel their capital into businesses with strong commitments to transparency and good governance, Corporate Governance (CG) has emerged as a key measure of competitiveness and a foundation for accountability and transparency. Beyond being a tool for attracting investment, CG serves as a basis for realizing sustainable development strategies. As a publicly listed company, Coteccons is highly committed to transparency, fairness for stakeholders, adherence to business ethics, and strict compliance with the law. Guided by this spirit, Coteccons has established and continuously refined our corporate governance principles, regulations, and operations. Not only does the company fully comply with current state regulations, but Coteccons also references and applies updated standards and international best practices to enhance our governance efficiency and strengthen our position in this domain. In 2024 alone, in addition to the VNCG50 award, Coteccons achieved several outstanding milestones in governance and sustainable development, including: Top 10 Sustainable Businesses in Manufacturing (CSI 2024) by the Vietnam Chamber of Commerce and Industry (VCCI). Top 50
- December 5, 2024
Ho Chi Minh
HEAD OFFICE
Coteccons Building, 236/6 Dien Bien Phu, Gia Dinh Ward, Ho Chi Minh City.
Ha Noi
Representative Office
8th Floor - Tower 2 - Capital Place Building - No. 29 Lieu Giai, Ngoc Ha Ward, Hanoi.
