Ho Chi Minh City, November 5, 2024 – Coteccons has been recognized as a Vietnam’s National Brand 2024, marking a significant milestone in the company’s 20-year journey. This accolade acknowledges Coteccons’ persistent efforts to build sustainable value and establish itself as an industry leader, contributing to elevating standards within Vietnam’s construction industry.
RECOGNITION FOR LEADING THE VIETNAMESE CONSTRUCTION INDUSTRY
The Vietnam’s National Brand Program is a long-term government trade promotion initiative aimed at building a prestigious image for Vietnam through high-quality products and services. This title enhances the image of Vietnamese brands, contributes to foreign trade growth, and strengthens national competitiveness.
20 YEARS OF CREATING SUSTAINABLE VALUE
Founded in 2004, Coteccons rapidly developed into Vietnam’s leading construction company, with its mark on over 850 key projects across the country. Coteccons continuously adopts advanced technology to raise construction quality and safety standards, making significant contributions to Vietnam’s economic and social development.
INTERNATIONAL EXPANSION AND TECHNOLOGICAL INNOVATION
With a vision to become the safest construction conglomerate in the world, providing comprehensive solutions, Coteccons has established a robust network of partners at home and abroad, a solid financial foundation, and a dedicated team of engineers and experts. Coteccons emphasizes R&D, leading in the exploration of new construction solutions, the application of optimal materials, and innovation in construction methods to enhance quality, optimize costs, and minimize environmental impact. These initiatives help Coteccons maintain its top position and meet the increasingly high demands of both domestic and international investors and project developers.
Beyond its strong presence in Vietnam, Coteccons has also expanded to neighboring markets, including Laos, Cambodia, Myanmar, and India, and is continuously working to broaden its international footprint. The aim is to elevate Vietnamese construction standards and bring the Coteccons brand to the global stage.
IMPRESSIVE BUSINESS PERFORMANCE
In the first quarter of fiscal year 2025, Coteccons reported impressive results: revenue reached VND 4,759 billion, up 15.4%; gross profit was VND 205 billion, up 105%; and post-tax profit reached VND 93 billion, up 39.46% year-on-year. Coteccons was also appointed as the general contractor for the Thuy Van Road renovation project in Vung Tau, with the aim of transforming the city into an international high-quality tourism hub. In addition, Coteccons secured several large-scale projects in the fields of civil, industrial, and infrastructure construction, including projects with Sun Group, Ecopark Group, BWID, and VinFast.
Chairman Bolat Duisenov shared, “This recognition reflects two decades of unwavering effort to enhance quality, innovate in technology, and create sustainable values for Vietnam’s construction industry. This title is not only a source of pride but also a driving force for Coteccons to continue advancing, representing Vietnam on the international market.”
Coteccons remains committed to ongoing innovation and sustainable development, creating new values, enhancing national image, and delivering practical benefits to the community, customers, and partners.
Coteccons’ consistent philosophy is to create genuine value for customers and communities through every product and project. This is demonstrated through more than 46 LEED and Lotus certified projects that the company has implemented, many of which have become urban landmarks contributing positively to social life. To fulfill this commitment, Coteccons consistently updates to the latest global construction standards and applies rigorous technical and management oversight processes.
About Coteccons:
Coteccons is Vietnam’s leading construction company, with over 20 years of experience in construction and project management. Coteccons is committed to delivering world-class, high-quality, and sustainable projects, contributing to bright futures for the community and the country.
