In celebration of Vietnamese Women’s Day on October 20th, Central held a commemorative ceremony at the Company’s Headquarters, attended by female staff members as well as the Company’s leadership.
The event took place in an atmosphere of joy and laughter. In addition to receiving heartfelt well-wishes, the women were presented with numerous meaningful gifts.
During the ceremony, the representative of the Company’s leadership, Mr. Tran Quang Tuan – CEO, stated: “Each of us has a mother, and especially for men, we have wives, sisters, or daughters… all of whom are important women in our lives, and we take immense pride in them. Women possess strengths that go beyond their resilience and dedication to the organization; they also embody loyalty and the tireless commitment to caring for their families. On this Vietnamese Women’s Day, I wish all the women continued beauty, talent, good health, and abundant joy in life.”
Female staff members receiving flowers from Mr. Tran Quang Tuan – CEO of Central
The women showcased their elegance on Vietnamese Women’s Day
Mr. Tran Quang Tuan – CEO expressing congratulations on Vietnamese Women’s Day
Every woman is a flower of the world, each with her unique fragrance and beauty. Women play a crucial role in life, particularly in specialized fields such as construction. The “flowers of Central” are truly vibrant and passionate. They serve as an incredibly strong support system for their male counterparts, allowing them to work with peace of mind.
Wishing all the women a very happy Vietnamese Women’s Day filled with good health, joy, and radiant happiness.
On the evening of October 3rd, 2024, at the Asia Pacific Enterprise Awards (APEA), Central Construction Joint Stock Company was honored to receive the Corporate Excellence Award in the luxurious space of GEM Center.
Passing a rigorous evaluation process on growth patterns, finance, strategy and brand value as well as business surveys and secret ballots by an international assessment advisory board… This is the third consecutive year Central has won the award for outstanding business achievements on the Company’s sustainable development journey.
Mr. Nguyen Khanh Hiep – Representative of Central’s Board of Directors received the APEA 2024 Corporate Excellence Award
Entering its 17th year, APEA 2024 was held with the theme “Celebrating Inclusive Entrepreneurship” with more than 300 leading enterprises in Vietnam registering to participate in the review. The award honors outstanding businesses and leaders who have profound contributions to socio-economic development in the new context in the Asia-Pacific region.
Representatives of Central ConstructionJoint Stock Company at APEA 2024
At the ceremony, Chairman of Enterprise Asia – Dr. Fong Chan Onn shared: “The APEA Awards 2024 is an important time to motivate businesses to create more comprehensive change. Through programs that promote inclusive entrepreneurship, we can move towards a more equitable society, increase employment opportunities for workers, and build a stronger community. With collective efforts, we can expect that entrepreneurship will not only exist in a few individuals or businesses, but it is a path that everyone can pursue.”
Chairman of Enterprise Asia – Dr. Fong Chan Onn speaking at the ceremony
With outstanding growth rates for many years, Central recorded revenue in 2022 and 2023 of VND 9,014 billion and VND 8,142 billion, respectively, ranking in the top 3 in terms of revenue among companies in the same industry. Net profit after tax was at VND 230 billion and VND 200 billion, respectively, the industry’s leading profit on revenue.
With the scale and prestige of the APEA Awards, Central has received awards for consecutive years, which is a testament to the Company’s sustainable development. This is an opportunity for Central to improve its brand position and also a playground for exchange, an opportunity to connect business cooperation with businesses, entrepreneurs, representatives of international organizations, representatives of media throughout Asia./.
110 children at Thao Dien Specialized School celebrated the Mid-Autumn Festival with Central Company on September 17.
Central Construction Joint Stock Company coordinated with the Red Cross Association of Thao Dien Ward to organize “Happy Full Moon Festival”. Here, children can participate in making sticky rice mooncakes, decorating five-fruit plates, making lanterns, painting, and lantern parades with The Moon Man and Moon goddess. In addition, special musical performances performed by students under the guidance of teachers brought a joyful atmosphere.
In addition, Central also gave each child a gift of school supplies, toys…
Students of Thao Dien Specialized School receive Mid-Autumn festival gifts. Photo: Central
“This is a memorable memory in each student’s journey to maturity. Central has joined us in sending complete love to each special student here,” Ms. Hoang Thi Thu Huong, Principal of Thao Dien Specialized School shared.
Thao Dien Specialized School was established in 2003, with the mission of raising children with intellectual disabilities, autism or Down Syndrome. The school provides integration support, diagnostic and early intervention programs to help students integrate well into community life.
Painting activity “Happy Full Moon Festival” by students. Photo: Central
Accompanying development with local businesses and implementing projects is the goal Central always strives for. The company strives to develop with the community, contribute to welfare, and enhance social responsibility through many different volunteer activities.
110 gifts were given to students by Central. Photo: Central
Recently, Central collective contributed more than 38,450 ml of blood to the National Blood Center (NBC) in the “The Sharing Drops of Blood” program, jointly organized with the Humanitarian Blood Donation Centre and the Ho Chi Minh City Red Cross Society. This year, Central continues to award scholarships for students overcoming difficulties and “Planting trees to create forests” at Can Gio Mangrove Biosphere Reserve. Previously, this business also joined hands to support the “For the Poor” fund in Thao Dien Ward, Thu Duc City.
“In the company’s sustainable development journey, human and the environment are the two goals Central is aiming for. Promoting education and joining hands with society, creating a happy working environment for employees; creating new sustainable green construction, in addition to caring for the environment, is Central’s way of corporate social responsibility,” Central representative affirmed.
On the evening of August 31th, 2024, People’s Committee of Thao Dien Ward, City, Thu Duc City, Ho Chi Minh City successfully organized the program to celebrate the 79th anniversary of Cach Mang Thang Tam (19/08/1945 – 19/08/2024) and the Vietnam Independence Day (02/09/1945 – 02/09/2024). The ceremony was attended by the Government department of Thu Duc City.
Attending the event as a business that has participated and contributed to many local welfare works, Central Construction Joint Stock Company and other generous units, organizations and individuals joined hands to accompany the fund “Vi Nguoi Ngheo” of the locality. Promoting the tradition of mutual love and affection, contributing to caring for and helping individuals and households still facing many difficulties in life in the ward.
Representatives of Central’s Board of Directors received the Certificate of Merit at the ceremony
Thao Dien Ward’s leadership presented gifts to households with meritorious service to the revolution, social protection beneficiaries
In addition to sustainable business activities and effective care for employees’ lives, Central always strives to develop with the community, contributing to social security work,and enhancing corporate social responsibility through other volunteer activities.
Good values are continuously being spread. In the near future, Central will continue to accompany the Ward Red Cross Society to organize the program “Happy Full Moon Festival”, continue to award scholarships to students overcoming difficulties and “Planting trees to create forests” activity at Can Gio Mangrove Biosphere Reserve.
Ms. Nguyen Thi Be Hai – Member of the Standing Committee, Head of the Propaganda Department of Thu Duc City expressed her thanks to businesses and individuals who generously supported the ward’s “Vi Nguoi Ngheo” fund.
On the morning of August 15th, 2024, Central coordinated with the Humanitarian Blood Donation Centre and the Ho Chi Minh City Red Cross Society of Thao Dien Ward, Thu Duc City organized the program “Giot mau Se Chia” at the company office building.
This is an annual activity of the company, with the message “Chu Dong Hien Mau, Chia Se Cong Dong” always receiving the attention and enthusiastic participation of employees of the Departments/Projects. Contributing to the national blood reserve has never been redundant and is extremely urgent.
Central is honored to have contributed 38,450ml of blood units to the National Blood Center 2024.
We hope that this noble gesture will always be maintained and further promoted, to help raise people’s sense of community, responsibility, self-awareness and initiative in participating in blood donation to help save the lives of many patients.
Central Construction Joint Stock Company was honored by the BCI Asia Award 2024 as the “Top 10 Construction Contractors in 2024” in the Vietnamese market.
Central Construction Joint Stock Company in the Top 10 Contractors in Vietnam 2024 Photo: BCI Asia Awards announced
In order to be honored, Central Construction Joint Stock Company has met and exceeded the evaluation criteria of the International Jury, from the total construction and installation value of all projects at the construction stage, which was started in two years from 01/01/2022 to 31/12/2023, combined with multiplication coefficients for projects registered with “Green” certificates such as: LEED, Lotus, Green Mark, Green Star, EDGE,… and projects in the form of office headquarters, resort hotels and industrial factories.
Central General Contractor has affirmed its position with many large-scale and quality projects such as: construction of 17 towers, Masteri Centre Point in Vinhomes Grand Park Urban Area; is the general contractor of The Metropole Thu Thiem project with a total area of 7.6 hectares; Keppel Land’s Empire City; 6-star Fairmont Hanoi Hotel; The Global City with a land area of more than 117 hectares; is the general contractor for the Design and Build of the Sol Forest project in Ecopark, Hung Yen; The Estuary Da Nang; Astral City Binh Duong; Hoa Phat factory cluster in Phu My 2 industrial park Ba Ria – Vung Tau to Hoa Phat Steel Factory, phase 2 of Dung Quat Quang Ngai industrial park; Infrastructure construction of Aurora IP Nam Dinh Industrial Park.
For Central, in the journey to go far on the rankings, in addition to brand affirmation, it is also associated with breakthrough growth in financial indicators. In the last 5 years, Central has consistently ranked among the Top construction contractors with an impressive compound growth rate of 64%.
In 2022, the company’s revenue will reach over VND 9,000 billion, an increase of 80% compared to 2021. In 2023, although the construction market still has many difficulties due to the general impact of the market, Central still recorded revenue of over VND 8,100 billion, ranking in the Top 3 in terms of revenue among companies in the same industry. Net profit after tax in 2022 and 2023 is at VND 230 billion and VND 200 billion, respectively, the industry’s leading profit on revenue.
According to the 2023 audit report, total equity reached nearly VND 900 billion, cash and cash equivalents amounted to more than VND 900 billion. Central has managed its finances effectively, and the financial indicators in 2023 are better than in previous years. The debt-to-equity ratio has decreased from 1.64 times in 2022 to 0.53 times in 2023. At the same time, the quick payment ratio increased from 0.94 to 1.04, reflecting better and better solvency.
The representative of Central explained that the strategy of developing a variety of project types, in addition to maintaining a commitment to quality in tandem with progress with investors, are the two main reasons why Central continuously wins bids for new projects as well as gaining the trust of traditional customers to ensure the growth momentum of the market-leading “Top” enterprises.
Currently, Central is the general contractor for the construction of civil, industrial, commercial, and hotels & resorts projects to national key transport infrastructure projects. In particular, many projects have achieved “Green Building” certificates from domestic and international certification organizations. Central has always been the first choice of major investors in Vietnam such as Vingroup, Masterise Homes, Hoa Phat Group, REE Corp.,
For example, UOA Tower (Malaysia), The Metropole Thu Thiem luxury apartment complex (Ho Chi Minh City), Chadwick International School (Hanoi) built according to Green Mark – Singapore standards, Emasi Plus International School in Water Point Urban Area (Long An) built according to LEED Gold standards and C.P. Group (Thailand) office headquarters in Bien Hoa II Industrial Park (Dong Nai) was granted the LEED Platinum Ver.04 green building certificate – the highest green building standard of the US Green Building Council.
In particular, the Daikin project is designed, built and operated according to green building standards with a scale: 3 basements and 13 floors. Upon completion, this will be one of the first buildings in Vietnam as well as in Southeast Asia that can simultaneously meet international standards for green buildings such as Lotus Platinum, LEED ver.04 and WELL Standards for Office Comfort and Health (USA).
Daikin Office Headquarters is located at Cong Truong Quoc Te, District 3, Ho Chi Minh City. Photo: CENTRAL.
The top position of the Central General Contractor is elevated to the level of symbolic works. The greenest apartment tower in Southeast Asia – Sol Forest Ecopark (Hung Yen) is designed and built by Central as the general contractor with a “vertical garden” nearly 200 meters high, creating a symbol of a resort paradise in the middle of the largest green city in Vietnam.
It is also this project that brought to Central – the general contractor for the Design and Build of the “Better World Builder of the Year” within the framework of the Autodesk ASEAN Innovation Awards 2023 in Singapore.
Two high-end apartment towers of Sol Forest Ecopark – a “green icon” built by Central. Photo: CENTRAL.
In the office building segment, the General Contractor Central has contributed to creating symbolic value for Etown6 tower – a Grade A+ office project, meeting the pioneering international standard “LEED Platinum” in Ho Chi Minh City.
This is a civil project with a basement block depth of up to 27.1 meters – one of the projects with the deepest basement in Vietnam today. In addition, the capping beam system is up to 3.5 meters high, acting as a load-bearing transfer beam for the entire oblique column system above; or complex prestressed floors with cable lengths of up to more than 90 meters are construction records affirming the capacity of the Central General Contractor.
Perspective of Etown 6 Building – Grade A+ office building, LEED Platinum certified by Central. Photo: REE Corp.
It is expected that Central will join the Top 10 Leading Construction Contractors in Vietnam in 2024 to be honored at the BCI Asia Awards ceremony on the evening of May 31, 2024 in Ho Chi Minh City. The BCI Asia Awards is considered one of the most prestigious awards of the construction industry in the region. 2024 is the 19th year that this award has been held in 07 countries and territories in Asia, including Hong Kong (China), Indonesia, Malaysia, the Philippines, Singapore, Thailand and Vietnam.
