URBAN GREEN COMMAND OFFICE OFFICIALLY TOPS OUT THE PROJECT   

Ho Chi Minh City, on the morning of January 24, 2024, Coteccons officially topped out Urban Green, a project developed by Kusto Home – a prestigious real estate brand under the multinational Kusto Group. The topping-out ceremony was attended by representatives from the client, the company’s leadership, the supervision consultant, the project management team, as well as subcontractor partners and suppliers involved in the project. 

Urban Green marks the second collaboration between Coteccons and Kusto Home following the success of the Diamond Island project. Built on a scale of 20,203m², including one basement with an area of 12,322m² and two 24-story blocks, with a construction density of 32.3%, Urban Green, when completed, will offer a modern and comfortable living space for residents. The total project floor area is 100,746m², designed with high standards and over 60 amenities including sports, leisure, and green spaces, promising to create a high-class and convenient urban area that meets the living needs of residents in a hotspot for technology and economic development in Ho Chi Minh City. 

As the general contractor for the structural, finishing, and infrastructure works of the Urban Green project, Coteccons faced unique challenges with the 16-20m of weak mud geology, and the necessity to address infill construction, which posed significant safety risks during foundation and basement floor construction. To tackle these challenges, Coteccons engineers implemented a unique construction method using CDM piles ranging from 5-8m in length to replace the weak soil beneath the foundation and basement floor, enhancing the load-bearing capacity of both the foundation and basement floor while ensuring safety during the excavation of the basement pit under difficult geological conditions. 

Additionally, during the infrastructure construction, the Site Management Board had to contend with frequent waterlogging on the small road in front of the project, caused by the insufficient capacity of the existing drainage system. To resolve this issue, the Site Management Board had to construct a new drainage line, a new road, and improve the overall situation. 

Through experience and professionalism in project management, Coteccons not only achieved safety, quality, and progress but also provided the highest satisfaction for the client The total structural construction progress exceeded the initial commitment by 39 days, a proud achievement for the energetic, passionate, and dedicated team of engineers, demonstrating their determination to achieve the highest goals. 

The Urban Green project is not only the result of a successful collaboration between Coteccons and Kusto Home but also a reflection of Coteccons’ professionalism and dedication to every project we undertake. 

Upon handover to residents, Urban Green is expected to become a highlight on the city’s real estate map, meeting the demand for high-quality, green, and modern living standards. 

RELATED POSTS

Ho Chi Minh City, July 30, 2025 – Coteccons Construction Joint Stock Company (HOSE: CTD) today announced financial results for Q4 FY2025, posting robust growth across key indicators. The performance was driven by efficient execution and on-time delivery of major projects. In addition to surpassing the profit target, Coteccons closed the year with a backlog of VND 35,353 billion, laying a solid foundation for 2026 growth. Coteccons’ consolidated net revenue in Q4 FY2025 reached VND 8,351 billion, up 26.6% year-on-year. Full-year revenue was estimated at VND 24,867 billion, up 18.2% compared to FY2024. Gross profit in Q4 FY2025 was VND 216 billion, with full-year gross profit estimated at VND 778 billion, up 9.2% year-on-year. The Q4 gross margin stood at 2.58%, while the full-year margin was 3.13%. Net profit after tax in Q4 FY2025 was VND 196 billion—2.8 times higher than the same period last year. Full-year profit was estimated at VND 454 billion, representing a 46.6% increase. This strong performance reflects not only rising construction demand but also Coteccons’ ability to accelerate project delivery, boost execution volume, maintain strict cost control, and ensure timely completion. Coteccons was recently recognized as Vietnam’s largest construction contractor in the Fortune Southeast Asia 500 list. Notably, in 2025, Coteccons advanced 72 places compared to its first year of inclusion—underscoring the company’s remarkable business growth. Contract Wins Up 32%, Backlog Over VND 35 Trillion, strengthening the foundation for growth In H1 2025, Vietnam’s construction sector grew 9.62%—its highest first-half growth in the 2011–2025

Ho Chi Minh City, July 15, 2025 – Coteccons (Ticker: CTD) has once again been honored among the Top 50 Corporate Sustainability Awards (CSA 2025), organized annually by Nhip Cau Dau Tu Magazine. This marks the third consecutive year Coteccons has earned a place on this prestigious list. This year, Coteccons was recognized in the S category – Outstanding Corporate Social Responsibility (CSR) Initiatives, highlighting the company’s unwavering efforts to create practical and sustainable value for communities nationwide. In previous years, Coteccons was also recognized for excellence across other ESG pillars, including S – Leading in Diversity, Equity and Inclusion (D.E.I), E – Minimize Carbon Footprint and G – ESG Leadership. Throughout its development journey, Coteccons has consistently implemented meaningful CSR programs guided by the aspiration that wherever Coteccons builds, the surrounding environment becomes greener, safer, more comfortable and meaningful. Among its signature initiatives is the “Xay Tet” (“Building Tet”) program, which over the past three years has delivered nearly 48,000 Tet gift packages and over 25,000 health check-ups to construction workers across Vietnam. In 2024, Xay Tet was awarded the Human Act Prize, a national recognition honoring community-focused initiatives under the auspices of Nhan Dan Newspaper. In addition, the “Nha Minh” (“Our Home”) initiative has to date renovated and repainted 144 public and community facilities – from schools and cultural centers to memorial sites and residential buildings – improving living and working conditions for tens of thousands of local residents. Coteccons has also launched numerous other impactful CSR

June 27, 2025 – Coteccons (Ticker: CTD) has been recognized with multiple prestigious accolades at the Most Innovative Enterprises and ESG Vietnam Green Enterprises Awards 2025, organized by Viet Research in collaboration with Vietnam Investment Review Newspaper (the official publication of the Ministry of Finance). The awards ceremony took place within the framework of the Vietnam Summit: Innovation for a Sustainable Future held in Hanoi.  Specifically, Coteccons was honored in four distinguished categories:  Top 10 Most Innovative Enterprises in the Construction Sector (VIE10)  Top 50 Most Innovative Enterprises in Vietnam (VIE50)  Top 10 ESG Vietnam Green Enterprises in the Construction Sector (ESG10)  Top 100 ESG Vietnam Green Enterprises (ESG100)  The program celebrates organizations that stand out for integrating environmental, social, and governance (ESG) standards into their development strategies. These enterprises demonstrate a strong commitment to sustainable, responsible growth while driving comprehensive innovation in management, operations, technology, products, and business models. Their efforts contribute to enhanced performance, strengthened market positions, and the country’s overall economic development.  Elevating Industry Standards Through Innovation and Business Excellence  The VIE10 and VIE50 rankings are compiled annually by Viet Research, applying rigorous criteria that evaluate each company’s capacity for innovation and business performance amid a macroeconomic environment characterized by volatility and constant change.  Coteccons earned its place at the forefront of Vietnam’s construction sector thanks to its pioneering adoption of advanced project management practices—most notably the Fast-track model (simultaneous design and construction)—as well as its investments in R&D, the development of modern construction technology platforms, and the promotion

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​