COTECCONS AND ITS JOURNEY OF CREATING SUSTAINABLE VALUE, LEADING THROUGH STANDARDS, GROWING THROUGH PEOPLE

Hanoi, December 26, 2025 – Coteccons Construction Joint Stock Company is honored to be recognized at the VALUE500 – VBE500 – VBW10 – MAE50 Announcement and Award Ceremony, a prestigious annual event jointly organized by Viet Research and Vietnam Investment Review (VIR). At the ceremony, Coteccons was proudly awarded across four key rankings:

  • Top 10 Vietnam Value Creators – Construction Sector (VALUE10): Coteccons ranked No.1 in the industry, while also making a strong leap on the national VALUE500 ranking, rising 47 positions from 120/500 in 2024 to 73/500 nationwide. 
  • Vietnam Top 500 Best Employers (VBE500): Coteccons advanced 19 places, from 54/500 in 2024 to 35/500 nationwide. 
  • Vietnam Top 10 Best Workplaces – Construction Sector (VBW10): Coteccons maintained its No.1 position in the industry ranking. 
  • Top 50 Most Attractive Employers 2025 (MAE50) 

Mr. Pham Quang Vu – Board Member, representing Coteccons, receiving the VALUE10 award 

Mr. Truong Thanh Hai – Workforce Planning & Deployment Manager, representing Coteccons, received the VBW10 and MAE50 awards

Within the framework of Viet Research’s annual research and ranking programs, Coteccons’ presence across all four prestigious lists reflects a comprehensive recognition of its value creation capability, employer attractiveness, and workplace quality. Specifically, VALUE10 honors enterprises that serve as value pillars of the national economy based on business performance, innovation, and sustainable development; VBE500 recognizes leading employers through assessments of workforce scale, working environment, and employee satisfaction; VBW10 highlights industry leaders in  workplace quality;  while MAE50 identifies the most attractive employers based on brand appeal, innovation capability,  and long-term investment in people.

Achieving high rankings simultaneously across all four lists demonstrates that Coteccons not only creates sustainable value in its business operations but also builds a credible, attractive, and widely recognized working environment for employees, candidates, and stakeholders.

These achievements are especially meaningful in a global business environment increasingly shaped by volatility, uncertainty, complexity, and ambiguity. As macroeconomic fluctuations, competitive pressure, and sustainability demands intensify, enterprises can no longer pursue short-term growth alone but must transition toward long-term value creation, enhanced adaptability, and positive societal contribution. In this context, Coteccons’ recognition across prestigious rankings for both enterprise value and workplace excellence stands as clear evidence of its consistent, deeply rooted, and sustainable development orientation.

Industry Leader –Raising Industry Standards through Responsibility and Integrity

In its long-term development strategy, Coteccons defines the role of Industry Leader not as a title, but as a mission – one that carries the responsibility of raising standards and creating sustainable value across the entire industry ecosystem. For Coteccons, leadership is measured not just by scale or market share, but by the positive impact and trust it builds within the industry and society.

Guided by the philosophy of “Serve To Lead”, Coteccons closely aligns its business objectives with national interests, societal needs, and the broader construction value chain. The company has proactively shifted from purely quantitative growth toward growth driven by quality, efficiency, and long-term value, while willingly embracing pressure and challenges to continuously elevate both itself and the market.

On this foundation, Coteccons fulfills its Industry Leader mission by establishing and cascading ESG  standards across its value chain, covering a network of more than 3,000 suppliers and subcontractors. Beyond setting cooperation requirements, Coteccons actively creates incentives for effective implementation. A notable initiative is the Coteccons Partner Excellence Awards, launched on the company’s 21st anniversary, honoring partners who meet and uphold ESG standards and encouraging the wider adoption of sustainable practices across the construction industry.

Alongside its impact on the partner ecosystem, Coteccons continues to affirm its role as a trusted companion to the State, society, and the business community in strengthening the competitiveness and international integration of Vietnam’s construction sector. As a result, Coteccons’ sustainable value is measured not merely by revenue or profit, but by its influence, standards, and long-term credibility.

People-Centered Leadership – The Foundation of Sustainable Development

In its long-term strategy, Coteccons identifies people as the central pillar and the most critical form of capital for sustaining competitiveness and long-term value creation. Rather than pursuing the ambition of becoming the largest company, Coteccons chooses to become the best in clearly defined strategic domains, guided by a philosophy of “Selective Leadership” throughout its development journey.

Coteccons is determined to become the first construction company in the world truly centered on people – a “Human-hearted Company”. On this foundation, the company consistently builds an organization operated with discipline, standards, and high performance, yet guided by humanistic values, where every individual is respected, cared for, and supported in long-term development. Coteccons not only shapes buildings, but also shapes itself by nurturing kindness, responsibility, and a spirit of service throughout the organization.

This people-centered strategy is translated into concrete actions, particularly in protecting the voice and rights of workers on construction sites. Recognizing that many construction workers face difficulties in accessing legal advice, labor rights support, or grievance mechanisms, Coteccons proactively launched Helpline, a free support hotline for workers. Helpline is more than a communication channel; it represents Coteccons’ human-centered commitment to building a safe, fair, and respectful working environment, aligned with international standards on business and human rights.

The recognitions from VALUE10, VBE500, VBW10, and MAE50 are not a destination, but a reminder of the responsibility Coteccons has embraced in its role as an Industry Leader. The company remains committed to pursuing a development strategy rooted in long-term value, raising construction industry standards through transparency and sustainability, and steadfastly building a people-centered workplace. On this journey, Coteccons will continue to innovate, serve, and spread positive values for the industry, for society, and for the shared future of the nation.

RELATED POSTS

Coteccons pursues sustainable development with governance as its spearhead, ensuring alignment from leadership mindset to on-site operations. This approach enabled the company to cut more than 237,000 tons of CO₂e during fiscal year 2025 (July 2024 – June 2025). Over the past year, the company used 48% green steel—equivalent to more than 300,169 tons—sourced from suppliers certified under LEED, EPD, and LCA standards. At the same time, Coteccons incorporated over 41.2 million XMCL bricks (non-fired bricks), accounting for 50% of the total bricks used during the year. Beyond materials, Coteccons invests in people and operational excellence. More than 200 employees were trained in greenhouse gas inventory to strengthen ESG implementation at construction sites. The company rolled out safety and welfare programs for workers, recording over 46.5 million safe working hours across 56 projects and providing more than 14,000 free health check-ups for laborers. Between 2022 and 2025, Coteccons also planted over 33,000 native trees to help restore upstream forests.

Ho Chi Minh City, December 19, 2025 – After more than a year of construction, the “Thuy Van Coastal Road Beautification Project, Vung Tau City” – “the face” of Bai Sau Beach – with a total public investment of over VND 1,068 billion, has been officially inaugurated. This large-scale coastal infrastructure project carries strong symbolic significance in developing public spaces, enhancing quality of life, and promoting sustainable tourism. Amid the national drive to develop modern infrastructure, Coteccons (HOSE: CTD) has left a notable mark by undertaking Package No. 12, valued at VND 485 billion, comprising two key components: the renovation and upgrading of technical infrastructure along 3.2 kilometers of Thuy Van Road, and the construction of Thuy Van Park covering an area of approximately 19.21 hectares. The project’s completion ahead of major holidays such as Christmas, New Year, and Lunar New Year plays an important role in attracting tourists and stimulating the marine-based economy of Ho Chi Minh City. Leaders of Ho Chi Minh City and delegates cut the ribbon at the project inauguration ceremony The Ministry of Construction has announced the commencement and inauguration of 234 key projects nationwide, with a combined investment value exceeding VND 3.4 quadrillion, spanning infrastructure, transportation, urban renewal, and public space development. These projects highlight the strong acceleration of public investment across the country, serving as a critical driver of socio-economic growth. In this context, Coteccons views its participation in infrastructure and public investment projects not only as a business opportunity but also

Coteccons has officially been certified as a Great Place To Work® (GPTW) – one of the world’s most prestigious recognitions for workplace excellence, assessed based on rigorous criteria relating to corporate culture, internal trust, and employee experience. Notably, Coteccons is the first large-scale construction enterprise in Vietnam to achieve this certification. Great Place To Work® – Built from the Hearts of Coteccons People Great Place To Work® (GPTW) is the global authority on workplace culture, surveying nearly 20 million employees across 18,000 enterprises in 150 countries. GPTW evaluates “great workplaces” using the Trust Index™ Survey, which measures five dimensions: Credibility, Respect, Fairness, Pride, and Camaraderie.  In Vietnam, only around 200 companies currently hold GPTW Certification – a remarkably small number compared to hundreds of thousands of active enterprises – highlighting the strictness, transparency, and global benchmarking of GPTW’s evaluation framework.  According to the Trust Index™ Survey, 88% of Coteccons employees agreed that this is a great place to work, significantly exceeding the global benchmark of 59%. This result is a powerful testament to Coteccons’ long-term people-centric human resources strategy.  Trust Index™Â Survey Result  This certification carries even greater significance amid the severe labor shortage in the construction industry, where competition for talent is increasingly intense. Many companies face rising labor costs and the risk of workforce instability. In this context, Coteccons’ GPTW achievement is not only a milestone in human capital and culture development, but also a strategic advantage that helps the company attract, retain, and nurture talent sustainably.   People-centric leadership strategy – The foundation of a Great Place To Work  At Coteccons, people are the starting point of every strategy and the purpose behind every development effort. Guided by the philosophy of “Selective Leadership”, Coteccons does not aim to become the biggest at all costs, but instead focuses on becoming the best in strategic areas where people feel respected, supported, and inspired to grow. Coteccons is committed to becoming the world’s first truly people-centric construction company –

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​