“XAY TET 2023” – COTECCONS “BUILD” TET FOR 12,000 CONSTRUCTION WORKERS

Construction workers are a priority in the sustainability strategy.

According to data from the Ministry of Labor, War Invalids, and Social Affairs, the country has about 7 million construction workers, accounting for 13.5% of the workforce aged 15 and over. Especially, in the construction industry, construction workers are the important people contributing to the creation of iconic projects and works.

With the direction of sustainable development, besides taking care of people in difficult circumstances and responding to climate change and community issues, Coteccons realizes that its own employees, construction workers, are also a sector that has received little attention in society.

Therefore, Coteccons has decided to launch the “Xay Tet—Construct Tet” program in order to bring a warmer and better Tet to 12,000 construction workers who are working for subcontractors and suppliers at Coteccons’s construction sites. The program will visit nearly 60 construction sites across the country starting on January 4, 2023.

Coteccons understands that each construction worker has made great efforts to build solid, safe works and always ensure the progress. That is the reason that accelerates Coteccons to give them and their family gifts, to join hands to build a fuller Tet for all!

Besides gift sets for 12,000 workers, the program also organizes meaningful activities such as cutting hair at the construction site, taking souvenir photos, giving free rides back to their hometowns, etc. All these activities are intended to bring short relaxation time to workers during the busy days of running progress on the construction site when the Tet holiday is coming.

This is not only of material value but also a meaningful spiritual gift for construction workers. In addition, Coteccons also conveys a message calling on society to recognize the contributions of this group of people as well as improve their working conditions.

With the direction of “people-centric” company development, Coteccons always strives to create the best working conditions for employees, including construction workers from sub-contractors and suppliers nationwide. From improving a safe, humane, and respectful working environment to ensuring a stable job with a payment policy and other benefits during the working process, which the company identifies as part of the company’s sustainable development strategy.

Pham Quan Luc, Coteccons Deputy General Director, passionately shared: “For Coteccons, in its 18-year history, every success in creating an iconic project is largely thanks to the dedication of the construction workers who are working here. They are not only our ‘partners’ but also the core of creating a respectful and humane corporate culture that helps Coteccons stay strong on the journey to create a better future. Although the market is in difficulty as well as the company, Coteccons still makes efforts to deploy this program in the hope that more companies, partners, and other organizations will join hands, pay more attention, and have more activities for construction workers. Coteccons will always be committed to building a safe, sustainable, and better working environment.”

Journey to Xay Tet 2023 for 12,000 construction workers of Coteccons

In the first week of the new year 2023, Tet gifts were simultaneously sent to more than 6,000 workers and many beautiful moments were captured at projects: Vinhomes Grand Park (District 9, Ho Chi Minh City), Lancaster Legacy (District 1, HCMC), CR8 – 2B&3 (District 7, HCMC), Dolce Penisola (Quang Binh), Diamond Crown (Hai Phong), Vinfast Automobile Assembly Workshop (Hai Phong), Vinhomes Smart City, Nam Cuong Villa area (Hanoi). ), Six Senses (Dong Nai), Hyatt Sapa, CIS (Lao Cai)…

Coteccons will continue the journey of “Xay Tet 2023” at construction sites across provinces and cities nationwide. In the meantime, the company is committed to prioritizing payment so that workers can work with peace of mind and welcome a prosperous New Year after two years of the impact of the pandemic.

Accompanying Coteccons are the Ministry of Labor, War Invalids, and Social Affairs and Dan Tri Newspaper, which have contributed to the success of the Xay Tet 2023 Program. Sharing the meaning of this activity, Mr. Vu Trong Binh, Director of the Employment Department (Ministry of Labour, War Invalids, and Social Affairs), stated at the “Xay Tet” event that took place in Vinhomes Grand Park about the government’s policy that does not leave anyone behind. To implement that policy, the Prime Minister sent a public message to request all levels, branches, and localities in all forms – through the state budget system, to mobilize social and community resources and especially the role of enterprises – to take care of Tet for employees.

Therefore, Mr. Binh highly appreciated the efforts of Coteccons and Dan Tri Electronic Newspaper in implementing the project “Building Tet.” This not only shows corporate social responsibility but also goes hand in hand with the policy of the state.

“In a difficult context, the Xay Tet project demonstrates Coteccons bravery when it not only ensures the lives of workers but also gives them a warm Tet,” Mr. Binh shared.

At Coteccons, the principle of sustainable business is built to harmonize three factors: shareholders, employees, and social responsibility. Employees here include not just approximately 2,000 engineers, the enterprise’s organic architects, but also a force of almost 20,000 construction workers from subcontractors and suppliers operating on Coteccons’ building sites.

The cooperation of businesses that uphold the organization’s responsibility to the community through meaningful projects like “Xay Tet 2023” is not only an effective source of support encouraged by agencies but also a way for the entire society to work together to build a more developed and sustainable community.

The project “Xay Tet 2023” is one of the proofs that Coteccons strives to realize its commitment to make an impact and build a better and more sustainable world every day.

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​