Author: Vo Hoang Danh

Following three months since the topping-out milestone on December 2, 2025, the Masteri Rivera Danang project, developed by Masterise Homes with CENTRAL Construction Joint Stock Company serving as the Design & Build General Contractor, has entered the final stage of completion. Construction progress is being accelerated to ensure readiness for handover, scheduled for the end of July 2026.

Strategically located in Hoa Cuong Ward, Masteri Rivera Danang benefits from strong connectivity and significant development potential. It comprises two basements and two towers rising 40 floors, built on a 1.82-hectare site, with a total CFA of 165,595 square meters. In its role as D&B General Contractor, CENTRAL has been working closely with the developer and Vertical Studio to deliver the project in accordance with stringent technical and quality standards, aiming to create a modern and sustainable architectural landmark in Da Nang.

Recently, the CENTRAL’s PMB successfully completed the energization and commissioning phase of the MEP system. In parallel, efforts are being focused on interior finishing works, including installation of fixtures and fittings within the apartments, as well as façade completion and landscape development.

The MEP process has been executed under a strictly controlled framework, with close coordination among CENTRAL’s PMB, the investor, supervision consultants, and subcontractors. Each component has undergone systematic inspection, calibration, and phased acceptance to ensure operational safety, system stability, and long-term performance. This milestone not only marks the technical completion of critical systems but also validates the project’s readiness for operational use.

The acceleration of finishing works reflects the strong commitment and coordinated efforts of all parties involved. This phase demands a high level of precision, strict quality control, and disciplined execution to ensure that every detail meets the highest standards prior to handover. It also serves as a clear testament to CENTRAL’s capability in delivering large-scale, complex projects that meet increasingly rigorous technical and quality requirements.

Wishing the CENTRAL’s PMB is on track to successfully complete and hand over the project as planned!

A preview of the refined and upscale living environment envisioned at Masteri Rivera Danang in the near future:

Recently, the investor consortium Becamex Tokyu (Japan) officially announced the launch plan for Midori The Nest, located in the Science and Technology Urban Area in Northern Ho Chi Minh City. This is a distinctive apartment project targeting the young generation segment and is being constructed by CENTRAL Construction Joint Stock Company as the general contractor.

Becamex Tokyu is a joint venture between Tokyu Corporation (Japan) and Becamex IDC (Vietnam), established with the vision of developing urban areas in Binh Duong New City (1,000 hectares), including residential, commercial, and transportation complexes within the integrated “TOKYU Garden City.” In alignment with the investor Becamex Tokyu’s philosophy of creating refined, high-quality, and healthy living environments, CENTRAL focuses on delivering excellence in every construction activity, maintaining the value standards set by the investor through the capabilities of a leading construction contractor in Vietnam.

At Midori The Nest, CENTRAL undertakes the role of general contractor for a development comprising two 25-storey towers, expected to offer apartment units ranging from 35 to 117 sqm, featuring optimized layouts and integrated amenities that meet the living, working, and recreational needs of young residents.

According to the latest update from the project management team: Tower H7 has reached the structural stage of Level 4 Floor; Tower H5 has reached the structural stage of Level 3 Floor. All construction areas are arranged in an open and organized manner to ensure construction quality

From the early stages of project implementation, preparatory works such as site logistics planning, mobilization of manpower and equipment, and deployment of safety measures were carried out promptly and systematically, meeting stringent Japanese standards. With quality and efficiency as guiding principles, CENTRAL proactively allocates resources, leverages its deep construction expertise, and combines local site understanding to implement optimal technical solutions for each work package. The entire construction process is strictly controlled through a rigorous quality management system to ensure compliance with high technical standards while maintaining efficient project progress.

Beyond maintaining a well-organized construction site, CENTRAL also ensures that the project management office is arranged scientifically. All workspaces follow strict organizational standards, ensuring cleanliness and order, while documentation is systematically managed and properly stored to optimize retrieval efficiency, save time, and enhance overall productivity.

The introduction of Midori The Nest is expected to contribute meaningfully to addressing urban housing challenges in a practical and human-centered approach, while laying the foundation for a modern and sustainable living model for future generations. With strict acceptance requirements from the Japanese investor Becamex Tokyu and the supervision consultant Bureau Veritas, CENTRAL’s PMB is committed to achieving the shared goal of delivering the project in line with safety – quality – schedule – efficiency, meeting all expectations from the developer.

Participation in the project is also a source of pride for CENTRAL, as it continues to partner with Becamex Tokyu in creating a distinctive development where construction quality is harmoniously integrated with refined architectural language. Beyond affirming CENTRAL’s capabilities, the project also contributes to enhancing the position of Vietnam’s construction industry through internationally standardized developments.

On the morning of March 17, 2026, CENTRAL Construction Joint Stock Company in collaboration with the developer Dai Phuoc Swancity One Mea, held the groundbreaking ceremony for the Oasia SwanBay Villas Project – Sumi & Miyabi Sub-zones, located within the SwanBay urban area on Dai Phuoc Island, east of Ho Chi Minh City.

The ceremony was attended by representatives of the Developer, supervision consultant, CENTRAL’s PMB, along with partners, subcontractors, and construction crews.

Surrounded by the Saigon River on all sides, the Oasia SwanBay Villas Project – Sumi & Miyabi sub-zones are considered the “final piece” in shaping the premium SwanBay urban development. Strategically positioned at the eastern gateway of Ho Chi Minh City, adjacent to former District 2 and District 9, the project benefits from strong connectivity to Long Thanh International Airport, National Highway 51, and major expressways including Long Thanh – Dau Giay and Ben Luc – Long Thanh.

PROJECT INFORMATION

Project Name:	Oasia SwanBay Villas – Sumi & Miyabi Sub-zones
Location:	Dai Phuoc Island, Nhon Trach District, Dong Nai Province
Developer:	Dai Phuoc Swancity One Mea
Scale:	342 units including townhouses, shop villas, garden villas, and riverfront villas
Supervision Consultant:	Nagecco Construction Consultancy JSC
CFA:	185.560 sqm
Land Area:	340.000 sqm

As the general contractor, CENTRAL places strong emphasis on engineering solutions tailored to riverfront developments, which are characterized by soft soil conditions, high groundwater levels, and tidal influences. The construction plan has been carefully designed and rigorously controlled by the CENTRAL’s PMB, incorporating ground stabilization techniques, soil reinforcement, and advanced waterproofing solutions for underground structures to ensure long-term structural integrity.

Beyond technical execution, CENTRAL prioritizes strict safety and environmental management standards, while maintaining project progress through optimized resource allocation and shift-based construction planning. This integrated approach reflects the company’s capability to deliver complex projects under challenging site conditions while ensuring quality, safety, and schedule adherence.

Participation in large-scale developments such as Oasia SwanBay continues to reinforce CENTRAL’s position as a leading general contractor in Vietnam, demonstrating the trust placed by investors and strategic partners. Each project contributes to enhancing CENTRAL’s technical expertise, expanding its project portfolio, and advancing its commitment to sustainable development, delivering long-term value to clients, partners, and the broader community.

In February 2026, Fairmont Hanoi, one of the world’s most prestigious hotel brands with more than a century of heritage, officially announced the opening. Constructed by CENTRAL Construction Joint Stock Company as the main contractor, the project marks the debut of the first 6-star heritage hotel located in the historic Old Quarter of Hanoi, Vietnam.

Fairmont Hotels & Resorts, part of the world  leading hospitality group Accor, is internationally renowned for creating landmark destinations that become deeply rooted in the cities. Since 1907, Fairmont has created magnificent, meaningful and unforgettable hotels, rich with character and deeply connected to the history, culture and community of its destinations. Today, Fairmont operates more than 80 hotels and resorts globally, positioned within the concept of “luxury heritage hospitality” delivering refined experiences that merge historical legacy, local culture, and world-class hospitality.

Fairmont Hanoi represents the culmination of extensive research into Vietnamese culture, history, and art. The project was designed by the internationally acclaimed firms Perkins Eastman and Aston Design, drawing inspiration from the artistry of traditional Vietnamese lacquer painting. Its design language incorporates iconic colors and motifs reflective of Vietnam’s cultural heritage, including the deep red hues symbolizing the Red River’s alluvial soil, French colonial Indochine aesthetics, and decorative patterns inspired by the historical dynasties of Vietnam.

At this landmark development, CENTRAL served as the main construction contractor for the project, which occupies a site of more than 10,000 square meters. The hotel features four basement levels and eight above-ground floors, accommodating 241 guest rooms, including 38 Fairmont Gold rooms, 12 suites, and a Presidential Suite. Given the project’s exceptional prestige and stringent international standards, meticulous planning and disciplined execution were essential throughout the construction process. Among the project’s most technically demanding achievements was the successful completion of a four-level transfer beam floor structure, a complex engineering feat involving massive transfer beams measuring 3 × 2.75 meters, integrated with post-tensioned cables spanning 27 meters within a dramatic 11.45-meter-high atrium space. This solution required advanced engineering capabilities, precise coordination, and rigorous quality control throughout the construction phase.

Sharing insights on the debut of Vietnam’s first six-star heritage hotel, Mr. Jean-François Brun, General Manager of Fairmont Hanoi, stated:  “We are delighted to indulge our guests in Fairmont’s distinguished hospitality and its premier presence in Hanoi. Fairmont Hanoi joins some of the most storied addresses in the world and we are excited to showcase how we’ve blended our brand’s century-long heritage with the distinctive culture, character, and daily rhythm of Hanoi unfolding around us.”

The opening of Fairmont Hanoi represents a significant milestone in the continued elevation of Vietnam’s luxury tourism and hospitality sector, meeting the rapidly growing demand from high-end travelers. As a key contributor to the project’s construction, CENTRAL takes pride in helping create a landmark development that embodies heritage value and international standards, further affirming its capabilities as one of Vietnam’s leading construction contractors capable of meeting the rigorous technical and quality requirements of the world’s most prestigious hotel brands.

The project also strengthens CENTRAL’s portfolio in the high-end hospitality and resort real estate sector, a strategic segment where the company consistently invests in improving construction quality and technical excellence. Through the application of advanced engineering solutions, innovative material optimization, and modern construction management practices, CENTRAL continues to enhance project efficiency, shorten implementation timelines, and deliver superior building quality-meeting the increasingly demanding expectations of global hospitality brands.

Some other images (source accor.com):