Green Commitment – Coteccons’ Strategic Launch to Build a Sustainable Construction Ecosystem

On June 3, 2025, Coteccons signed a memorandum of understanding with Long Thanh Construction Production Co., Ltd, an enterprise specializing in collecting, segregating and recycling construction waste, to co-launch a circular economy initiative in the construction sector. This collaboration aims to establish a “collect – recycle – reuse” model for construction waste at project sites. Concurrently, Coteccons Group and its subsidiaries formalized the “Green Commitment,” pledging to implement and uphold the goal of circular economy development and responsible business practices (SDG 12) – one of five key objectives guiding all project management and execution processes. This event signifies Coteccons’ dedicated efforts to connect stakeholders in pursuit of construction solutions that deliver long-term values for all.

The MOU was attended by leaders and member companies of the Coteccons ecosystem
The MOU was attended by leaders and member companies of the Coteccons ecosystem
All delegates expressed a shared commitment to advancing the circular economy
All delegates expressed a shared commitment to advancing the circular economy

Amid global environmental challenges, where construction and demolition waste accounts for approximately 30% of total solid waste, transitioning to a circular economy model is not only an inevitable trend but also a responsibility for leading industry players to mitigate environmental impacts.
As Vietnam’s premier general contractor, Coteccons, in partnership with Long Thanh Construction Production Co., Ltd. – a specialist in waste collection, sorting, and recycling – has pioneered the “collect – recycle – reuse” model at construction sites. This collaboration gives a “second life” to materials otherwise discarded, contributing to resource lifecycle renewal and sustainable development.

Ms. Nguyễn Trình Thùy Trang, Deputy CEO of Coteccons, shared at the MOU
Ms. Nguyễn Trình Thùy Trang, Deputy CEO of Coteccons, shared at the MOU

Ms. Nguyễn Trình Thùy Trang, Deputy CEO of Coteccons, shared at the ceremony: “Sustainable development is not merely a matter of regulatory compliance but a deliberate choice for every business. At Coteccons, sustainability is not a slogan but a daily practice, a culture that resonates with every engineer, worker, and staff member – from the office to the construction site, across Coteccons, Unicons, Sinh Nam Metal (Vietnam), and UG M&E.
We proactively engage with partners, subcontractors, and clients to share expertise, implement best practices, and elevate industry standards through clear commitments and practical values. Coteccons firmly believes that our strategic partnership with Long Thanh Manufacturing Construction Co., Ltd. is a vital link in the construction material recycling chain, paving the way for a circular economy model in the construction sector and creating long-term values for all stakeholders.”

Mr. Nguyễn Văn Hoàng, representative of Long Thanh Construction Production Co., Ltd., shared the following commitments as a partner of Coteccons
Mr. Nguyễn Văn Hoàng, representative of Long Thanh Construction Production Co., Ltd., shared the following commitments as a partner of Coteccons

In response, Mr. Nguyễn Văn Hoàng, Director of Long Thanh Construction Production Co., Ltd., affirmed: “The partnership between Coteccons and Long Thanh will deliver tangible values in the collection, sorting, and recycling of construction waste, contributing to the long-term goal of establishing a circular economy model in the construction industry.”

The “Green Commitment” underscores Coteccons’ determination to drive the circular economy within the construction ecosystem.
The “Green Commitment” underscores Coteccons’ determination to drive the circular economy within the construction ecosystem.

The highlight of the event was the signing of the “Green Commitment” by Coteccons’ subsidiaries, reflecting a resolute dedication to fostering a sustainable future for all stakeholders in the construction value chain.

Mr. Văn Vi Thiện, Managing Director of Coteccons Business Unit 01 (BU1), pledged: “Drawing from project implementation experience, we commit to applying technology and rigorous management processes to minimize material waste, particularly steel, a high-weightage material with significant environmental impact. We focus on training our engineers to shift from mere supervision to comprehensive management, encompassing cost and environmental considerations. Our goal is to make sustainability a habit at every construction site, driven not by obligation but by responsibility to the community, environment, and society.”

Coteccons and Long Thanh Construction Co., Ltd. signed the memorandum of understanding to initiate circular economy connections in the construction industry.
Coteccons and Long Thanh Construction Co., Ltd. signed the memorandum of understanding to initiate circular economy connections in the construction industry.

Through the Green Commitment, Coteccons reaffirms its pioneering role in promoting the circular economy in construction. This commitment is realized through the integration of the 3R principles (Reduce – Reuse – Recycle) across the entire value chain – from design and material selection to construction and project operation. At construction sites, Coteccons implements waste collection, sorting, and recycling in accordance with strict processes and standards, ensuring compliance to legal requirements, transparency, and material traceability. At the same time, Coteccons cultivates a circular economy mindset within its workforce and expands collaborations with partners within and beyond the industry to bring green initiatives to life, shaping a sustainable future for the construction sector.

RELATED POSTS

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™ 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 –

Just two days after being honored at the “Vietnam Listed Company Awards 2025” (VLCA 2025), on December 5, 2025, Coteccons Construction Joint Stock Company (HOSE: CTD) continued to make a strong impression as it simultaneously received two prestigious recognitions: the “Top 50 Pioneering Enterprises Committed To Improving Corporate Governance In Vietnam” (VNCG50) in Ho Chi Minh City and the “Top 100 Sustainable Enterprises in Vietnam” (CSI100) in Hanoi. Mr. Pham Quang Vu – Board Member, representing Coteccons, receiving the VNCG50 award Ms. Dinh Thi Ngoc Bich – Independent Member of the ESG Subcommittee, representing Coteccons, receiving the Vietnam Sustainable Enterprise certificate These accolades represent the highest level of recognition from reputable domestic and international institutions. Specifically, the CSI 2025 award is organized by the Vietnam Chamber of Commerce and Industry (VCCI), spearheaded by the Vietnam Business Council for Sustainable Development (VBCSD), in coordination with the Central Policy and Strategy Commission, The Ministry of Natural Resources and Environment, the Ministry of Home Affairs, the Vietnam General Confederation of Labor, and the Ministry of Finance.  Meanwhile, the VNCG50 is hosted by the Vietnam Institute of Directors (VIOD) in collaboration with the International Finance Corporation (IFC), the Swiss State Secretariat for Economic Affairs (SECO), and the State Securities Commission of Vietnam (SSC).  These are all leading rankings that reflect the quality of corporate governance, information transparency, and sustainable development standards in line with international best practices recommended by the OECD, the assessment criteria of the ASEAN Scorecard, and the sustainability reporting standards under GRI.  As FTSE Russell officially upgraded Vietnam’s stock market

84.28-35142277
Contact@Coteccons .vn

GENERAL INQUIRIES​