📋 Tender Overview
After a comprehensive restructuring period, Coteccons Construction Joint Stock Company is showing a strong comeback with impressive business results, outstanding construction capacity and open development strategy. These movements not only affirm its position as a leading construction enterprise in Vietnam but are also an important foundation for Coteccons to enter a new growth cycle of the industry. Accelerating after restructuring, expanding many new growth opportunities. The first quarter of the 2025-2026 fiscal year marked an important turning point when Coteccons achieved revenue of nearly 7,500 billion VND, an increase of nearly 60% over the same period. Profit after tax reached nearly 300 billion VND, more than three times higher than the previous year and the best result in seven years. With a compound growth rate (CAGR) of 22% from 2021 to present, Coteccons targets fiscal year 2026 revenue to reach VND 30,000 billion and profit after tax of VND 700 billion. Download Coteccons recorded impressive business results, outstanding construction capacity and open development strategy. The growth numbers are not only a signal of recovery, but also reflect a strong transformation process from 2020: streamlining the apparatus, making the management system transparent, raising finance - accounting standards and applying technology in operations. At the same time, the project management model was rebuilt in a more professional direction, helping to improve the ability to control costs, speed up the acceptance process and increase the efficiency of capital use. Thanks to that, Coteccons financial capacity and ability to respond to payment pressures and fluctuations in raw material prices in the construction industry continue to be strengthened. Stable financial capacity also helps businesses confidently participate in large projects with strict requirements on guarantees and working capital. Abundant project portfolio - Advantage of a leading general contractor Along with financial strengthening, Coteccons portfolio of newly signed contracts continues to expand strongly. The enterprise currently participates in construction in many fields: high-rise civil construction, industrial factories, logistics centers, transportation infrastructure and large-scale urban areas. In the civil sector, Coteccons is a familiar partner of leading investors with projects with high technical requirements and large scale. In the industrial sector, businesses have made their mark in electronics factories, logistics hubs and high-tech projects - areas that are strongly attracting FDI capital flows. It is the reliability of progress, quality and safety that has helped Coteccons maintain its leading position in the fierce competition of the industry. Notably, on December 5, Coteccons officially approved the policy of signing a contract with a joint venture general contractor to participate in the construction of a number of items of Gia Binh International Airport - a project with a total investment of more than 196,000 billion VND. This is a key national infrastructure project, with strategic economic and defense significance. In addition, Coteccons is also present in many other large-scale public projects such as items serving APEC 2027, Phu Quoc airport and a number of key national projects. Participating in this project is not only a demonstration of capacity, but also helps Coteccons expand its footprint in the field of infrastructure - a place that is forecast to explode in the next 5 years. Strengthening internal resources, aiming for a new development cycle of the construction industry One of the clear achievements The most obvious thing about Coteccons during the restructuring period is the strong improvement in corporate governance. The financial management system, internal control, bidding - contracts, progress reporting are all standardized according to transparent processes and approaching international standards. Download Ms. Vu Thi Chan Phuong (right) - Chairwoman of the State Securities Commission awarded the certificate to Coteccons Representative, Mr. Vo Hoang Lam, Deputy General Director of Coteccons. This effort was recognized by important awards in early December 2025: honored in the Top Listed Enterprises 2025 (VLCA), Top 100 Sustainable Enterprises of Vietnam (CSI100) and Top 50 Pioneering Enterprises in Improving Governance company (VNCG50). The awards from VCCI, VBCSD, VIOD in collaboration with IFC and the State Securities Commission are evaluated based on international criteria such as OECD, ASEAN Scorecard, GRI. That reflects that Coteccons is not only rebuilding to stabilize operations, but also aiming for top listed company standards - an important responsibility in the context of investors increasingly promoting transparency and sustainable development. RELATED NEWS Prime Minister: Construction industry implements 5 guarantees, 6 breakthroughs to develop synchronous and modern infrastructureCoteccons strives to accompany national infrastructure projectsCoteccons receives double honors at HR Asia Awards 2025Coteccons: Vietnamese construction enterprises entered the Top Fortune SEA 500 for two consecutive years. Realizing the 2025 growth goal: Rebound from the construction industry and the role of leading enterprises. Coteccons leaders said that the enterprise identifies human resources as the foundation of all reforms. The enterprise has deployed an in-depth training system on BIM technology, modern project management, labor safety according to international standards, and developed programs to improve young leadership capacity.VaEnterprise globalization is also built in the direction of discipline - innovation - cooperation, creating an environment for the engineering and management team to maximize their abilities. Welfare regimes and policies to retain key personnel are updated according to market standards, helping Coteccons maintain a team with deep experience in executing complex
