Letter of Chairman on Tet Eve 2025

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Coteccons has successfully handed over the Viet Y Steel Plant at Nam Cau Kien Industrial Park, Thuy Nguyen District, Hai Phong City – a flagship project in the high-tech industrial construction sector in Northern Vietnam.  Exterior of the Viet Y Steel Plant in Hai Phong.  With complex technical requirements and high precision, the project is a clear testament to Coteccons’ professional, precise, and internationally-standardized construction capabilities – especially in industrial projects integrating high-tech production lines. A Technically and Constructionally “Heavy” Project The plant is built on an area of 3 hectares, including various components such as the main workshop, auxiliary areas, landscape infrastructure, and particularly the connection area between the old and new workshops. The overall structure is a perfect combination of solid reinforced concrete foundations and prefabricated steel frames up to 20 meters high, with three steel frame systems spanning approximately 28 meters each, using a total steel structure weight of 5,000 tons. The steel frame structure with a span of 28 meters has been constructed to align with the operational design of the plant.  Leveraging experience in large-scale industrial projects, Coteccons has implemented methodical construction, tightly controlling the entire process, meeting stringent requirements for quality, safety, and progress. Precision to Every Millimeter – Foundation for High-Tech Production Lines As an industrial project integrating the most modern equipment, 100% imported from the world’s leading steel group Danieli (Italy), the Viet Y Steel Plant project sets special requirements for precision in construction – particularly in machine foundation components and

Hanoi, April 24, 2025 – Coteccons Construction Joint Stock Company once again affirms its leadership position, claiming the No.1 spot for the third year in a row in the Top 10 Reputable Construction Contractors 2025, as announced by Vietnam Report in collaboration with Vietnamnet. This marks the seventh time Coteccons has topped the ranking since its inception in 2017. Over the past three years, Coteccons has undertaken a major shift in its business model, focusing on operational optimization, process innovation, and sustainable development strategies. With an unwavering commitment to innovation, Coteccons continues to deliver iconic construction projects while building an ecosystem that fosters safe, meaningful, and inspiring living environments.The company identifies people as the cornerstone of its competitive advantage. Accordingly, Coteccons remains dedicated to attracting and nurturing top talent—not only to elevate construction quality but also to fuel innovation across the board. At the same time, the company is strengthening its internal capabilities and enhancing brand equity as it seeks to solidify its presence in the domestic market and expand internationally, laying the groundwork for diversified revenue streams and long-term sustainable growth. The ranking, compiled by Vietnam Report, is based on a transparent and comprehensive evaluation process. Key criteria include updated financial data as of December 31, 2024, media coding analysis, and surveys of industry experts and stakeholders. As Vietnam’s construction industry experiences a strong recovery with a 7.87% growth rate—surpassing the national GDP growth of 7.09%—reputable firms continue to play a pivotal role in driving progress. Coteccons continues

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 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. 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. 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

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