On March 3, 2025, Central Construction Joint Stock Company held the groundbreaking ceremony for Sun Serenia Hospital Phu Quoc on Phu Quoc Island, also known as Dao Ngoc.
The ceremony was attended by the project management board along with the entire Central executive team.
Representatives from the involved parties performed the incense offering ceremony.
This hospital is the second in the healthcare service system, “Healthcare,” under Sun Group, following the first Sun Hospital in Hanoi. Designed and operated according to modern international standards, Sun Serenia Hospital Phu Quoc is poised to meet the medical and healthcare needs of both the local population and tourists in Phu Quoc, offering high-quality healthcare services.
Project Overview of Sun Serenia Hospital Phu Quoc
Sun Serenia Hospital Phu Quoc will be built on an area of 10,000 square meters, with a six-story structure.
With extensive experience in constructing large-scale projects in Phu Quoc and a deep understanding of the local culture, Central Construction, as the main contractor, is well-positioned to meet all requirements regarding quality, schedule, and safety. The project will bring to life the architectural style of The Imperial Medicine Institute of the Nguyen Dynasty and the Southern-style garden house architecture in the near future.
Central Construction Joint Stock Company reaffirms its capabilities by officially winning the bid for the HH1 Twin Towers, part of Cat Ba Central Bay Tourism And Commercial Service, invested by Sun Group. This project will not only enhance the facade of Cat Ba but also play a crucial role in realizing the goal of developing the first carbon-neutral tourist island in Vietnam.
As part of the UNESCO World Natural Heritage Site of Ha Long Bay, Cat Ba boasts pristine beauty with majestic limestone mountains, rich primeval forests, and clear beaches. With a focus on sustainable development, Sun Group is creating a green tourism ecosystem here, with the HH1 Twin Towers as a pioneering landmark.
PROJECT INFORMATION:
Project name:
Cat Ba Central Bay Tourism And Commercial Service
Scale:
Twin Towers, 01 basement and 25 floors
CFA:
80.000m2
The project perspective of the HH1 Twin Towers in the Cat Ba Central Bay Tourism And Commercial Service
The HH1 Twin Towers showcases not only a high-end resort as a luxurious building but also as a symbol of a green lifestyle, with over 60% of the area dedicated to natural landscapes and public utilities. Notably, all transportation within the area will utilize clean energy, such as cable cars, electric vehicles, and bicycles, contributing to establishing Cat Ba as a carbon-free destination.
Central – Partnering with Sun Group to create iconic Destinations
Beyond marking its presence in Cat Ba, Central is also a partner of Sun Group in a series of key projects at Vietnam’s leading tourist hubs:
*Sun Serenia Hospital – Phu Quoc: A premier resort hospital model, leading the way in offering international-standard healthcare services on Dao Ngoc island.
*Sun Symphony Residence – Da Nang: A high-end apartment complex by the Han River, featuring modern design and a prime location that conveniently connects to the city’s famous tourist attractions.
While Cat Ba symbolizes sustainable ecological tourism, Phu Quoc and Da Nang are vibrant tourism capitals attracting millions of visitors each year. With Central’s involvement, these projects not only elevate the value of each locality but also help shape Vietnam’s position on the global tourism map.
Central – Creating projects harmonious with nature
Central does not merely construct projects but aims to preserve natural beauty and promote sustainable development. With a strong sense of responsibility, we commit to:
Safe construction that protects the natural ecosystem
Applying modern technology solutions to optimize efficiency and quality
Partnering with Sun Group on the journey to elevate Vietnamese tourism to new heights
A greener Cat Ba – a more vibrant Da Nang – a more upscale Phu Quoc – these iconic projects by Sun Group contribute to propelling Vietnam further on the world tourism map. Central is proud to be a part of this journey./.
On February 10, 2025, Central Construction Joint Stock Company proudly received the notification of winning the bid for the Sun Serenia Hospital project from Sun Group. This project represents not only a modern healthcare facility but also a symbol of the intersection between architecture, nature, and the mission of community health care.
The design of the Sun Serenia Hospital project draws inspiration from Hue architecture and Southern Vietnamese garden houses, evoking historical structures such as the Imperial Medical Institute during the Nguyen dynasty.
Inspired by the Imperial Medical Institute and the architecture of Southern garden houses, the hospital reflects traditional beauty within a modern medical space. Covering an area of over 10,000 square meters with a scale of six floors, the project is constructed to international standards, meeting the healthcare needs of local residents while also serving millions of tourists each year.
Aiming for a high-end medical resort model, the hospital is designed with a dispersed structure, interspersing lush garden courtyards and maximizing natural light and wind, providing a comprehensive healing experience where individuals can regain balance between the physical and mental realms.
As the general contractor, Central continues its journey of creating timeless landmarks, contributing to the advancement of Vietnam’s healthcare landscape. Scheduled for completion in December 2025, the hospital will serve as a perfect piece within the Sun Paradise Land ecosystem, alongside the five-star resorts and entertainment complexes that Sun Group has meticulously developed over the past decade.
Phu Quoc is a region where Central has made its mark through a series of iconic projects, such as Grand World Phu Quoc – the city that never sleeps, the largest aquarium in Southeast Asia by Vingroup, Palm Garden, Selavia… Now, with the Sun Serenia Hospital, Central further asserts its pioneering position in constructing high-class, sustainable projects.
With solid experience and a profound understanding of local conditions, Central’s management team is committed to executing the project using optimal construction solutions, ensuring quality, timelines, and absolute safety. This is not just a project; it is a mission and a source of pride to accompany Sun Group on its journey to elevate Phu Quoc to international stature.
On the morning of February 10, 2025, in Cambodia, Central Construction Joint Stock Company officially broke ground on the BangTong Apartment project, marking an important milestone in its expansion into international markets. As the main contractor for the structural, finishing, and MEP works, Central continues to affirm its capabilities and leave its mark in one of the most promising markets in the region.
The BangTong Apartment is a 15-story building located within a more than 3-hectare complex, which includes a hotel, serviced apartments, and a shopping center. Not only will the project contribute to enhancing the urban landscape, but it will also stimulate economic development between Cambodia and Vietnam, opening up many opportunities for investment and active trade.
Perspective of the BangTong Apartment Project in Cambodia
The Central’s PMB at the Cambodia site conducts the groundbreaking ceremony.
In a world that is constantly evolving, only resilient companies can push forward and break new ground. Cambodia is one of the six key markets that Central has committed to exploring since 2024, marking a powerful transformation and readiness for even greater challenges. Expanding into global markets means learning, innovating, and elevating one’s position. Every project is a challenge, but it is also an opportunity for Central to demonstrate its capabilities, quality, and reputation. From iconic projects spanning across Vietnam, Central now continues its journey to conquer international markets full of potential.
In response to the trust from the investor in Cambodia, Central is committed to delivering a project that meets the highest standards – quality, timely completion, and the application of advanced technologies. Success comes not only from experience but also from meticulous preparation, including legal matters, personnel, management systems, and financial strategies.
BangTong Apartment is not only Central’s first project in Cambodia but also a significant step toward expanding in the region. A new journey has begun, and Central is ready to conquer new heights.
On the morning of February 6, 2025, at the Ca Mau Gas-Power-Fertilizer Complex, a joint venture between Central Construction Joint Stock Company and Trung Hau Construction Joint Stock Company officially commenced the 12,000-ton Supplemental Warehouse Project at the Ca Mau Fertilizer Plant. This project not only expands the storage and distribution capacity of Ca Mau Petroleum Fertilizer Joint Stock Company (PVCFC) but also signifies the collaboration between two leading brands in the industrial construction sector.
PROJECT INFORMATION:
Project Name:
12,000-ton Supplemental Warehouse – Ca Mau Fertilizer Plant.
Location:
Ca Mau Gas-Power-Fertilizer Complex, U Minh District, Ca Mau Province.
Design and Build:
Vietnam Consultant Corporation for Industrial and Urban Construction.
Project Management:
Specialized Project Management Board – Ca Mau Petroleum Fertilizer Joint Stock Company
Perspective Image of the 12,000 tonsSupplemental Warehouse – Ca Mau Fertilizer Plant Project
The project covers a total area of 28,262 m², of which 16,560 m² is allocated for fertilizer storage, designed to international standards, optimizing storage, operation, preservation, and distribution capabilities. The electrical system, lighting, security monitoring, fire safety, and ventilation systems are being synchronously invested in to ensure safety and maximum operational efficiency.
Notably, construction necessitates the treatment of weak soil, filling, construction of drainage systems, internal roads, foundation structures, and reinforced concrete retaining walls. Given the complex geological characteristics, the project requires precise technical solutions, advanced technology, and close coordination among all participating parties.
As the sole plant in Vietnam producing granular urea, the Ca Mau Fertilizer Plant supplies 860,000 tons of fertilizer to the market each year, playing a crucial role in ensuring the supply of high-quality fertilizers for domestic agriculture and exports, thus contributing positively to national food security goals.
As part of the value chain of the PetroVietnam Gas-Power-Fertilizer Group, along with the Ca Mau NPK Plant and the Korea-Vietnam NPK Plant, the supplemental warehouse project at the Ca Mau Fertilizer Plant not only enhances storage capacity but also increases flexibility in the coordination and distribution of products. This is a strategic step towards expanding the scale of PVCFC, raising the total fertilizer production capacity to nearly 1.5 million tons per year, thereby strengthening its leading position in the fertilizer industry in Vietnam.
The collaboration between Central and Trung Hau not only complements each other’s strengths but also creates a solid joint venture, specializing in industrial construction, ensuring quality, progress, and safety for the project. Both companies share a mindset of innovation, commitment to quality, and optimization of construction efficiency, backed by a team of experienced personnel and modern equipment. This partnership not only brings high efficiency to the Ca Mau Fertilizer Plant project but also helps elevate industrial construction standards in Vietnam.
Central and Trung Hau Construction Joint Stock Company sign a cooperation agreement.
This groundbreaking ceremony marks not only the beginning of a key project but also opens a new journey where responsibility, commitment, and ambition converge, affirming the footprint of Central & Trung Hau in sustainable, effective projects that significantly contribute to the nation’s industry.
Solid Collaboration – Shaping the Future!
Groundbreaking Ceremony for the 12,000-ton Supplemental Warehouse Project – Ca Mau Fertilizer Plant
Not only affirming its position with a large domestic customer base and a chain of projects spanning across all three regions of Vietnam, Central General Contractor is confidently breaking boundaries and expanding its reach internationally.
Currently, Central is operating in six promising international markets, including Taiwan (China), Thailand, Cambodia, Kuwait, Israel, and Saudi Arabia, gradually marking Vietnam’s presence on the global construction map.
Over the past decade, Vietnam’s construction industry has grown strongly, not only keeping pace with international standards but also achieving exceptional milestones compared to many other countries. According to the Saigon Construction & Building Material Association (SACA), there was a period when large private contractors saw remarkable growth of 20-30%, driven by proactive, innovative, and technology-adopting approaches.
However, this rapid development has also posed significant challenges for the industry. The domestic market has become increasingly narrow and saturated, leaving little space for large enterprises to fully unleash their potential. Legal barriers and fierce price competition have made the domestic market even more difficult. Particularly after the COVID-19 pandemic, the bond crisis pushed the sector into a negative growth of 0.6% in 2021, according to the Ministry of Construction. AB Securities (ABS) also noted that the construction industry is highly cyclical and heavily influenced by input factors and project supply.
Targeting the Billion-Dollar Market
This is the time for general contractors having a solid financial position, with a robust workforce and exceptional expertise in management, to conquer international markets—a sector valued at thousands of billions of dollars globally in 2019. Some pioneering companies have taken the first steps toward “expanding into the global arena,” carrying with them the ambition to elevate their status. However, most are still limited to low-cost housing projects, social housing, or merely providing labor, without demonstrating their capabilities on iconic projects.
Meanwhile, Central Construction Joint Stock Company has not only asserted its leading position in Vietnam’s construction industry but has also proven its ability to take on a variety of projects, from residential buildings, shopping centers, offices, hotels, to multi-purpose sports complexes. Building on its domestic successes, Central has consistently expanded, embracing new challenges and broadening its global influence. In the past year alone, the company has boldly entered six promising international markets, from Taiwan, Thailand, Cambodia to Kuwait, Israel, and Saudi Arabia, affirming the name and ambitions of Vietnam’s construction brand. These successes are not only a testament to Central’s internal strength but also symbolize Vietnam’s rising construction industry on the world map.
The Central brand extends its reach internationally. (Source: Central)
In June 2024, Central made a historic milestone by bringing its materials to an international project, the Zhongya Anju Housing project in Taiwan. This project, consisting of two 21-story towers and 4 underground floors with a total floor area of 59,000 square meters, marks the beginning of Central’s journey to conquer major global construction markets.
In October 2024, Central not only maintained its pioneering position but also expanded its market with a second project in Taiwan, the “Taipei Twin Towers.” This project features five underground floors, two towers of 55 and 73 stories, standing at 369 meters, and a total construction area of 590,000 square meters, designed by the renowned American architectural firm SOM (Skidmore, Owings & Merrill). Located at the busiest subway station in the capital, Taipei, this project is the second tallest building in Taiwan, just behind the famous Taipei101, reaffirming Central’s prestige and stature in the construction industry.
Taipei Twin Towers (Source: Central)
Not stopping there, at the end of 2024, Central continued expanding into new markets. The company won the contract for the Sumou Towers project in Jeddah, Saudi Arabia, which consists of two towers of 63 and 71 stories, standing 310 meters tall, with a total floor area of 415,500 square meters. This project not only demonstrates Central’s expanded influence but also solidifies the brand’s presence on the global construction map.
The Sumou Towers Project in Jeddah,Saudi Arabia (Source: Central)
In early 2025, Central further marked its progress in Cambodia with the Win Win Office & Apartment project, a 15-story building within a 3-hectare complex, including hotels, apartments, and shopping centers. This strategic move is set to further expand Central’s influence and open new opportunities in its global journey.
Central Pioneers with Near $200 Million International Contracts
Central Construction Joint Stock Company stands out not only for its diverse project portfolio but also for leading the charge in international markets, both in the number of projects and the range of countries. To achieve these remarkable accomplishments, Central’s leadership has shared that they have made thorough preparations, from legal matters, staffing, and management systems to financial and business strategies.
By completing the necessary legal procedures, Central has successfully established a strong foundation in international markets. “International projects require not only certification of the company’s capabilities but also the requirement that the direct managers have the appropriate certifications for each specialized role and safety standards,” a company representative shared.
In terms of staffing, Central skillfully combines local and international labor, maximizing the capabilities of every member at all levels of management. The company also places a high emphasis on fostering a spirit of continuous learning, encouraging participation in international training programs to meet the stringent requirements of local markets. Mr. Nguyen Cong Long, one of the employees working on the Taipei Twin Towers project, shared that although he initially faced challenges due to language and cultural differences, the company provided language courses and organized events to help him and his colleagues integrate better. “Even though I’m far from home, I always feel the warmth and friendliness of the working environment at Central in this Taiwan project,” he said.
To enter international markets, Central applies a streamlined management system, which has been refined in Vietnam according to international standards, combined with a flexible project management process that adjusts to the specifics of each country. The company also promotes the digitization of international projects into a centralized ERP management system, ensuring greater proactivity and efficiency in monitoring and implementation.
Financial Stability and Future Outlook Financially, Central places a high priority on cash flow stability and the financial efficiency of its projects. The company works closely with reputable international banks in the countries it operates in, as well as trusted Vietnamese banks, ensuring stable operations for payment guarantees, material payments, and worker wages.
In the future, Central aims for sustainable growth in its six international markets and will continue to leverage its strengths in structural construction, finishing, and MEP (mechanical, electrical, and plumbing) systems. It is expected that the total contract value from these international projects will bring in approximately $200 million, reinforcing Central’s position as a leading general contractor in Vietnam and the region.
The tireless efforts and relentless ambitions of CENTRAL have been justly rewarded. In 2024, CENTRAL was proudly recognized in the Top 50 Best Enterprises in Vietnam – VNR 500, published by Vietnam Report and Vietnamnet, and also made a strong mark by ranking in the Top 4 largest private construction companies. This recognition is not only a testament to the company’s ongoing contributions and innovations but also a source of pride for the entire CENTRAL team as it continues to assert Vietnam’s stature on the global stage.
