VNU-HCM AND COTECCONS SIGN STRATEGIC PARTNERSHIP TO ADVANCE HUMAN CAPITAL AND DRIVE INNOVATION IN LINE WITH RESOLUTION 57-NQ/TW

On May 24, 2025, Vietnam National University Ho Chi Minh City (VNU-HCM) and Coteccons Construction JSC officially signed a comprehensive Memorandum of Understanding (MoU), marking a key milestone in realizing the “Three Pillars” collaboration model: Government – Academia – Business. More than a conventional partnership, this MoU reflects a long-term commitment by all three stakeholders to co-build an innovation-driven ecosystem where knowledge, technology, and people converge for sustainable development.

The signing takes place as Ho Chi Minh City accelerates the implementation of the Politburo’s Resolution No. 57-NQ/TW, which identifies science, technology, innovation, and digital transformation as breakthrough drivers for national growth. The “Three Pillars” model—Government, Academia, and Business—has been defined by VNU-HCM as a strategic triangle and a cornerstone of the national innovation ecosystem. As Assoc. Prof. Dr. Vu Hai Quan emphasized: “Effective three-way collaboration must follow a shared operating principle: co-design, co-implement, and co-share. When enterprises, universities, and government agencies come together to solve major challenges and share the risks, I believe we will achieve our national aspiration to become a high-income developed country by 2045.”

Accordingly, the parties will jointly define research goals and share financial benefits derived from successful applications. When this “strategic triangle” functions effectively, it enables the country to leapfrog development stages and break free from the middle-income trap. Speaking at the event, Mr. Tran Luu Quang – Head of the Central Economic Commission – affirmed that the “Three Pillars” collaboration, as guided by Resolution 57-NQ/TW, is the only path toward a brighter future for Vietnam.

At the event, VNU-HCM and Coteccons signed a comprehensive cooperation agreement aimed at promoting sustainable development and digital transformation in the construction sector. This partnership is grounded in Coteccons’ long-term strategy to collaborate with the higher education system in addressing real-world challenges in the industry. From developing high-quality human resources and affordable housing models to enhancing construction worker welfare and applying emerging technologies such as AI, Coteccons and VNU-HCM are committed to co-developing scalable, systemic, and sustainable solutions.

Notably, the collaboration will include Joint Labs, integration of on-the-job training modules into academic curricula, and the pioneering “School-in-Factory” model. This groundbreaking initiative offers a seamless learning–practicing–innovating environment where students engage in solving real engineering challenges faced by businesses, thereby nurturing a culture of innovation from the classroom onward.

Assoc. Prof. Dr. Vu Hai Quan and Mr. Bolat Duisenov exchanged the Memorandum of Understanding between VNU-HCM and Coteccons, witnessed by representatives of the “Three Pillars” model: Government – Academia – Business.

During the signing ceremony, Mr. Bolat Duisenov – Chairman and Ms. Nguyen Trinh Thuy Trang – D. CEO of Coteccons, jointly introduced two AI-integrated robotic dogs. Once developed and trained by a team of engineers and students, these robots will be deployed at construction sites to assist in safety monitoring, input control, and risk alerts—clearly reflecting Coteccons’ commitment to applying modern technology in real-world construction practices. “We believe that knowledge is how people converse with the future. And the structures we build—lasting for hundreds of years—are how Coteccons communicates with generations to come. In an innovation-driven ecosystem, businesses must take a central role. With that responsibility, Coteccons is committed to accompanying the transformation and applying artificial intelligence (AI) not only to enhance competitiveness but also to create long-lasting value for society,” said Ms. Trang.

Ms. Nguyen Trinh Thuy Trang – D. CEO Coteccons speaks at the event
Two AI-integrated robot dogs were introduced by Coteccons at the event.

Earlier, in March 2025, Coteccons was awarded the contract and broke ground on blocks YB1, YB2, and YB3 of the VNU-HCM Subproject. More than just a modern construction, this project stands as a symbolic commitment to supporting higher education and laying a strong foundation for future generations of knowledge leaders.

This agreement with VNU-HCM is not a starting point, but a strategic next step—well-defined and deeply rooted—in Coteccons’ journey to support education and innovation in Vietnam. The company believes that when Government, Academia, and Business share a long-term vision, such synergy will generate profound and sustainable value for society in the future.

RELATED POSTS

Ho Chi Minh City, April 24, 2026 – Coteccons Construction Joint Stock Company (HOSE: CTD) today announced its business results for the third quarter of fiscal year 2026 (accounting period from January 1, 2026 to March 31, 2026). The Company continued to record positive year-on-year growth in both revenue and profit, reaffirming the effectiveness of its management strategy and execution capabilities amid a challenging market environment. Consolidated business results for Q3 and 9M FY2026 In Q3 FY2026, net revenue reached VND 6,409 billion, representing an approximately 28% increase YoY (Q3 FY2025: VND 5,003 billion). Cumulative net revenue for the first 9 months was estimated at VND 23,868 billion, up approximately 43% YoY (compared with VND 16,647 billion), equivalent to around 80% of the FY2026 Annual Operating Plan (AOP FY26). Gross profit for Q3 reached VND 287 billion, an increase of approximately 84% YoY. For the first nine months of the fiscal year, gross profit was estimated at VND 980 billion, representing a 75% increase compared to the same period last year. Profit after tax in Q3 amounted to VND 119 billion, up approximately 108% YoY. Cumulative profit after tax for the first nine months was estimated at VND 642 billion, increasing by approximately 152% YoY, and achieving around 92% of the FY2026 AOP. Net profit margin for Q3 reached 1.86%, up 0.71 percentage points YoY. For the first nine months of FY2026, the net margin was estimated at 2.69%, improving by 1.16 percentage points. Against the backdrop of the

For the fourth consecutive year, Coteccons has secured the No.1 position in the Top 10 Most Reputable Construction Contractors 2026, as announced by Vietnam Report in collaboration with Vietnamnet, reaffirming the Company’s resilient fundamentals amid an increasingly competitive industry landscape. The Top 10 Most Reputable Construction Contractors 2026 ranking, published by Vietnam Report, is built upon  objective criteria including financial capacity, media credibility, and expert evaluations. As Vietnam’s construction sector enters a strong recovery phase, this year’s ranking highlights the clear advancements of leading contractors, not only in business performance but also in their ability to deliver large-scale and complex projects.  Ms. Dinh Thi Hong Tham, Corporate Affairs Director, representing Coteccons, received the award Entering 2026, Vietnam’s construction industry has recorded a notable recovery, driven by record-high public investment disbursement and stable foreign direct investment (FDI) inflows. According to Vietnam Report, in 2025, the sector’s gross value added (GVA) grew by 9.62%, outpacing overall GDP growth and reinforcing construction’s role as a key economic growth engine. Nevertheless, the industry continues to face structural challenges, including rising input costs, talent shortages, and increasing demands on project execution capabilities.  Coteccons’ sustained leadership is underpinned by strong financial performance. In the first half of fiscal year 2026, the Company recorded revenue of approximately VND 17,459 billion, representing a nearly 50% year-on-year increase, while profit after tax reached VND 523 billion, posting a robust 165% growth. Notably, Coteccons achieved a record-high backlog of approximately VND 62,500 billion, reflecting a healthy project pipeline and

Ho Chi Minh City — Coteccons Construction Joint Stock Company (HoSE: CTD) has officially partnered with Workday to implement a Human Capital Management (HCM) platform, guided by the core principle of placing people at the center of every decision. The platform aims to build a transparent and trusted work environment where every individual is empowered to grow through clear, connected data. This partnership combine Workday AI-powered HCM platform with a deep understanding of the Vietnamese market and the unique complexities of the construction sector. Workday, a trusted partner to more than 60% of the Fortune 500, is an enterprise AI platform for managing people, money, and agents. Coteccons leads the localization and implementation to ensure the system meets the practical operational needs of the industry. “In a shifting macro-economic landscape, Vietnam’s demographic strength—where 70% of the population is of working age (*)—is increasingly redefining expectations for the modern workplace. This new generation of talent prioritizes rapid career progression, real-time feedback, and a seamless digital experience similar to everyday consumer apps. To remain competitive, organizations must prioritize business transformation to build centralized data systems that optimize operations and create a long-term foundation for nurturing talent. For the construction industry, a sector traditionally slower to embrace digital transformation, Coteccons views human resource management not merely as an administrative function, but as a strategic pillar. Partnering with Workday establishes a unified, transparent, and reliable HR platform that enhances employee experience, empowers management to make decisions based on real-time data, and reduces reliance

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​