MANDARIN ORIENTAL BEACHFRONT VILLAS PROJECT – DA NANG OFFICIALLY GROUNDBREAKS

On March 20, 2024, the Mandarin Oriental Beachfront Villas Project, developed by The Nam Khang Corporation, officially broke ground in Hoa Hai Ward, Ngu Hanh Son District, Da Nang City. 

The groundbreaking ceremony was attended by Mr. Dinh Ba Thanh – Client from The Nam Khang Corporation, along with representatives from the project operating unit. On behalf of Coteccons, Mr. Vo Hoang Lam – CEO, and representatives from various departments and the site management team were present. Additionally, the ceremony welcomed representatives from the British Consulate General in Ho Chi Minh City, local authorities, relevant agencies, and other partners. 

In his speech at the groundbreaking ceremony, Mr. Vo Hoang Lam, CEO of Coteccons, emphasized Coteccons’ role in the development of this iconic project in Da Nang City, a project that aims to redefine luxury living and services in Vietnam. 

 

“For Coteccons, we are pioneering a new standard for construction projects in Vietnam, with the goal of repositioning Coteccons as a ‘Global Brand’ in the future. We are building strategies, architecture, brand value ecosystems, brand culture, and international brand communication day by day. The collaboration and partnership with international brands like Mandarin Oriental are incredibly meaningful,” shared Mr. Lam. 

Mr. Vo Hoang Lam – CEO of Coteccons speaks at the Groundbreaking Ceremony

With expertise and experience from executing numerous projects in the Da Nang area, such as Intercontinental Son Tra, Fusion Da Nang, Casino Nam Hoi An, Novotel Song Han, The Nam Hai Resort, Hyatt Regency, The Ocean Villas, etc., Coteccons is confident that our core competencies and experience will deliver the best service quality, meeting international standards to satisfy Safety, Quality, Progress, and Customer Satisfaction requirements. Additionally, Coteccons commits to adhering to ESG principles, aiming towards sustainable construction and development aligned with community and societal benefits. 

The Mandarin Oriental Beachfront Villas Project in Da Nang features a construction area of 23,362 m², comprising 82 villas, including 20 villas with long-term ownership, along with service areas, amenities, and restaurants. Located on one of the world’s most beautiful beaches, as rated by Forbes, and only 15 minutes from Da Nang International Airport, the Mandarin Oriental Beachfront Villas Project in Da Nang is expected to deliver world-class experiences upon completion. 

RELATED POSTS

COTECCONS ANNOUNCES Q2 FINANCIAL RESULTS: Revenue surges 2.4 times after three years of restructuring International market contributes to revenue sources Ho Chi Minh City, January 24, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) has officially announced financial results for the second quarter (Q2FY2025) and the first half of the fiscal year 2025 (H1FY2025). These results reaffirm the company’s position as an “industry leader” in Vietnam’s construction sector amidst ongoing challenges in the economy and real estate market. Coteccons has started the new fiscal year with remarkable progress, recording revenue from two major international markets—the United States and Cambodia—paving the way for sustainable global growth.  Q2FY2025 Revenue Nearly Matches the Combined Annual Revenue Before Restructuring In Q2FY2025, Coteccons achieved consolidated revenue of VND 6,886 billion, a 21.6% increase year-over-year (YoY). For the first half of FY2025, total revenue reached VND 11,645 billion, up 19% YoY, fulfilling 46.6% of the annual business target set at the 2024 Annual General Meeting (AGM). Gross profit for Q2FY2025 was VND 202 billion, a 19.1% increase YoY. Cumulatively, the company recorded VND 407 billion in gross profit for the first half of FY2025, a 51.1% rise YoY. Gross profit margins for Q2FY2025 stood at 2.93%, consistent with the same period last year, while the six-month gross margin was 3.49%, higher than in FY2024. Notably, Q2FY2025 net profit after tax (NPAT) was VND 106 billion, up 53.7% YoY, marking a return to triple-digit profitability since Q3FY2024. For the first half of FY2025, NPAT totaled

Hanoi, January 8, 2025 – At the VNR500 Awards Ceremony, co-organized by Vietnam Report, Coteccons was proud to receive the prestigious “Top 50 Vietnam The Best 2024” award. The accolade was personally presented by Dr. Alondra Nelson, a global icon of leadership excellence. For over 20 years, Coteccons has been recognized not only as a reputable general contractor behind large-scale, high-quality projects but also as a pioneer in integrating international standards and advanced technologies into Vietnam’s construction industry. From iconic landmarks to complex urban developments, Coteccons has left a lasting mark through creativity, innovation, and exceptional efficiency. As the company enters a new phase of growth, Coteccons continues to enhance competitiveness by investing in technology, talent, and sustainable initiatives. With a pioneering and responsible spirit, Coteccons remains a critical link in the construction industry’s value chain, contributing significantly to Vietnam’s prosperity. The “VNR Top 50 Vietnam The Best 2024” award stands as a testament to the company’s relentless efforts and serves as motivation for Coteccons to forge ahead in creating sustainable value. This year’s awards ceremony was further elevated by the presence of Dr. Alondra Nelson, a renowned scientist and policymaker of global influence. Dr. Nelson formerly served as Acting Director of the White House Office of Science and Technology Policy (OSTP) and Deputy Assistant to U.S. President Joe Biden. She has been recognized on NATURE’S 10 list and TIME100 list of the most influential individuals in artificial intelligence (AI). Her attendance at the VNR500 Awards not only enhanced

Hanoi, December 12, 2024 – Coteccons Construction Joint Stock Company proudly received prestigious recognition at the Value500 – VBE500 – VBW10 – MEA50 Awards Ceremony, an annual event jointly organized by Viet Research and Vietnam Investment Review (VIR). At the ceremony, Coteccons achieved certifications in four key categories: Top 500 Vietnam Value Creators (Value500): Ranked 120 out of 500 enterprises across all economic sectors. Vietnam Top 500 Best Employers (VBE500): Ranked 54 out of 500 enterprises nationwide. Vietnam Top 10 Best Workplaces in key economic sectors (VBW10): Secured the leading position in the rankings. Top 50 Most Attractive Employers (MAE50). Mr. Pham Trung Duc – representing the Human Resource Management Department, receiving the Top 50 Most Attractive Employers Award (MAE50).Milestones in Coteccons’ Sustainable Development and Human Resource Strategy The Value500 – VBE500 – VBW10 – MEA50 Awards Program aims to recognize enterprises that not only create outstanding economic value but also lead in sustainable development, innovation, and building high-quality human resources. Receiving these awards is a clear testament to Coteccons’ commitment to harmonizing sustainable values for all stakeholders, including shareholders, partners, the community, and employees. Ms. Nguyen Thi Thanh Huong, Coteccons’ Human Resource Management Director, shared: “These accolades are not just recognition of Coteccons’ collective efforts but also serve as motivation for us to continue investing in and developing our human capital. We firmly believe that human capital is central to every innovation and sustainable development strategy at Coteccons.” “OWN IT” and D.E.I – Foundations of Coteccons’ Corporate Culture

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​