Hanoi, January 8, 2026 – Coteccons Construction Joint Stock Company (HOSE: CTD) continues to affirm its leading position in Vietnam’s construction industry as it is simultaneously honored in the “Top 50 Vietnam the Best” and the “Top 500 Largest Enterprises in Vietnam” (VNR500), organized by Vietnam Report and VietnamNet, at Ho Guom Opera.
Ms. Dinh Thi Hong Tham, Corporate Affairs Director, representing Coteccons, received the award
Specifically, in the “Top 50 Vietnam the Best” ranking, Coteccons is placed 22nd out of 50, climbing nine positions compared to 2024. At the same time, in the VNR500 ranking, Coteccons advances to 69th place, improving nine ranks year-on-year, demonstrating clear progress in scale, operational efficiency, and execution capability amid ongoing challenges in the construction market.
Beyond recognizing the rankings of outstanding enterprises, both prestigious lists are highly regarded by the business community for their transparency, objectivity, and internationally benchmarked evaluation methodologies.
In particular, the “Top 50 Vietnam the Best” ranking is jointly organized by Vietnam Report, VietnamNet, and leading media partners to honor 50 enterprises with outstanding revenue performance while maintaining stable and sustainable business efficiency during the 2024–2025 period.
Meanwhile, the VNR500 ranking, developed following the Fortune 500 model, is based on independent research and evaluation conducted by Vietnam Report in accordance with international standards. The ranking has been published annually since 2007 with advisory support from domestic and international experts, notably Professor John Quelch, former Senior Associate Dean of Harvard Business School.
As Vietnam enters a new phase of development, marked by increasingly pressing demands for institutional reform, enhanced competitiveness, and a stronger role for the private sector in line with the Politburo’s breakthrough resolutions, Coteccons’ continued rise and recognition in prestigious national rankings stands as clear evidence of its adaptability, innovative resilience, and steadfast commitment to creating sustainable value – contributing meaningfully to the country’s goals of rapid and sustainable development.
Strong Business Performance with Highest Quarterly Profit in Five Years
Alongside these prestigious recognitions, Coteccons recorded strong business results in the first quarter of fiscal year 2026. Net revenue reached VND 7,452 billion, representing a 56.6% increase year-on-year. Gross profit amounted to VND 322 billion, the highest level since 2020, up 56.7% compared to the same period, with a gross margin of 4.32%.
Notably, net profit after tax reached VND 294 billion, soaring 216.7% year-on-year, while the net profit margin stood at 3.95%, the highest level recorded over the past 21 quarters. These results clearly reflect Coteccons’ strong cost management, operational optimization, and agile adaptability, despite persistent pressures from material prices, labor costs, and intensifying competition within the construction industry.
A distinctive construction philosophy: Creating humanistic, green, and sustainable values
Construction has long been regarded as one of the core drivers of socio-economic development. In 2025, the construction sector achieved a growth rate of over 9%, with sectors under the Ministry of Construction’s management accounting for approximately 17.23% of national GDP and contributing nearly 1.96 percentage points to overall GDP growth, playing a critical role in helping Vietnam achieve economic growth exceeding 8% for the year.
Alongside these economic achievements, the construction industry is also facing significant challenges related to environmental impact and sustainable development. This reality requires enterprises not only to pursue business efficiency but also to take the lead in implementing solutions that reduce environmental impact and promote green, clean, and community-friendly construction practices.
Fully aware of its responsibility as an industry leader, Coteccons has chosen not to stand aside from these challenges, but instead to proactively drive change. The company remains steadfast in pursuing a construction philosophy that is human-centered, green, clean, and sustainable, through the application of advanced solutions and technologies aimed at minimizing environmental impact throughout the entire project lifecycle.
Building on this foundation, Coteccons has established the FAST philosophy as its Unique Selling Point, creating a distinctive approach to project delivery and partnering with clients to develop sustainable developments with long-term value.
First, Financial Capacity & Flexibility: Coteccons possesses a strong and stable financial foundation, enabling the company to respond flexibly to changing market conditions while ensuring consistent construction quality across all stages, in full alignment with commitments made to clients.
In parallel, Assurance on Safety – Quality – Sustainability remains a guiding principle throughout all construction activities. Coteccons places occupational safety as its top priority, maintaining the highest safety standards while also protecting the surrounding living environment, thereby ensuring harmony between construction activities and sustainable social development.
Beyond quality and safety, Speed as the Priority Construction continues to be a core competitive advantage that has built Coteccons’ reputation. The company mobilizes all available resources to deliver projects on schedule as committed, fostering strong and lasting trust with clients.
Finally, through Technology Innovation, Coteccons pioneers the application of technology across the entire value chain – from management and operations to construction and completion – to optimize efficiency, enhance project quality, and deliver sustainable value for clients and investors alike.
The consistent integration of a human-centered philosophy, strong financial capability, rigorous safety and quality standards, construction speed, and technological innovation has shaped Coteccons’ distinctive identity in its journey toward creating long-term value for the construction industry and society.
Being simultaneously recognized in the “Top 50 Vietnam the Best” and the “Top 500 Largest Enterprises in Vietnam” not only reflects Coteccons’ impressive business performance but also serves as recognition of its development philosophy that places people, standards, and sustainability at its core. As Vietnam’s economy enters a phase of profound transformation driven by major national reform pillars, Coteccons remains committed to its long-term growth strategy, raising industry benchmarks through transparency, responsibility, and human-centric values, thereby making meaningful contributions to the country’s sustainable development.
