coteccons humble giant with big plans in vietnam

Coteccons - humble giant with big plans in Vietnam

Coteccons Construction JSC experienced stellar achievements in 2022 amid tough competition in the local market. Bolat Duisenov, chairman at Coteccons talked to VIR’s Bich Thuy about the company’s expectations and plans for the year ahead.
spike in value of real estate inventory for q42022

Spike in value of real estate inventory for Q4/2022

The latest report from the Ministry of Construction (MoC) shows, the total value of inventory held by the major property developers showed a 20 per cent jump on-year.
construction steel price soars threefold in one month

Construction steel price soars threefold in one month

Following the upward adjustment before the Lunar New Year, several steel firms have announced price hikes for construction steel.
more realty businesses established resume operations in 2022

More realty businesses established, resume operations in 2022

The number of newly-established enterprises and businesses resuming operations in the real estate market saw a remarkable rise last year, said the Ministry of Construction.
task force to push construction of long thanh international airport

Task force to push construction of Long Thanh International Airport

Prime Minister Pham Minh Chinh has asked for the establishment of a government task force led by Deputy Prime Minister Tran Hong Ha to supervise and speed up the construction of Long Thanh International Airport.
rok construction firms interested in vietnamese market

RoK construction firms interested in Vietnamese market

With the domestic housing market entering a period of stagnation, many construction companies of the Republic of Korea (RoK) have amended their business strategies, in which many choose Vietnam as their destination, the RoK’s Newdaily newspaper reported.
real estate and construction firms to buy back over 710 million in bonds

Real estate and construction firms to buy back over $710 million in bonds

According to data from the Vietnam Bond Market Association (VBMA), the total value of corporate bonds reaching maturity from now until the end of this month approximates $760.8 million, mainly concentrated in the real estate and construction sectors.
positive prognosis for steel sector in 2023

Positive prognosis for steel sector in 2023

China's reopening will drive worldwide demand for steel, expedite infrastructure construction, and partially offset the stagnating real estate market.
vietnam in 2023 facing a recession or a rebound

Vietnam in 2023: Facing a recession or a rebound?

Vietnam will once again face an uncertain world economy in 2023: high inflation will hurt the real incomes of consumers and depress retail sales in many countries, rising interest rates will cool down housing markets, and property developers will postpone new housing construction, China’s difficult exit from the pandemic will impair growth in the short term; and geopolitical tensions will induce more volatility in energy, food, and financial markets.
construction industry to build on a tough 2022

Construction industry to build on a tough 2022

The business journey for construction enterprises in 2022 encountered a great many difficulties.
malaysias toyo ventures inks power plant deal with sunway pecc2

Malaysia's Toyo Ventures inks power plant deal with Sunway-PECC2

Toyo Ventures Holdings Bhd's subsidiaries have entered into an interim engineering, procurement, and construction (EPC) agreement with a consortium led by Sunway Construction Group Bhd in relation to the Song Hau 2 Thermal Power Plant Project in Vietnam.
corporate culture determines the success of every business

Corporate culture determines the success of every business

It is not salary and bonus but the culture of an enterprise that is considered the key factor in determining the attachment of employees and creating a stable working environment, according to companies in areas from construction to banking and finance.
construction kicks off at tan son nhat international airport t3

Construction kicks off at Tan Son Nhat International Airport T3

The construction of the third terminal at Tan Son Nhat International Airport is expected to be completed within 24 months and run pilot operations in late 2024.
danang to implement two major traffic improvements in 2023

Danang to implement two major traffic improvements in 2023

The central city of Danang has authorised two major traffic improvements at a cost of over $123 million that will begin construction next year.
coteccons sets up sustainable working conditions

Coteccons sets up sustainable working conditions

Coteccons Construction JSC has worked to set up sustainable working conditions for thousands of workers by kicking off a project for the festive season.