On January 8, 2025, at the JW Marriott Hotel in Hanoi, the announcement ceremony for the Top 500 Largest Enterprises in Vietnam for 2024 (VNR500) was held. The event, organized by Vietnam Report Joint Stock Company in collaboration with VietNamNet newspaper, saw the participation of nearly 500 representatives from leading enterprises in Vietnam, economists, and media representatives.
At the event, Central Construction Joint Stock Company was honored in the Top 50 Excellent Enterprises in Vietnam. Notably, Central achieved an impressive ranking as one of the Top 4 Largest Construction Companies in Vietnam (according to VNR500’s report for the private sector).
A representative from Central Construction Joint Stock Company received the certificate and commemorative trophy for being listed among the Top 50 Excellent Enterprises in Vietnam.
The ranking results serve as a testament to Central’s solid position as one of the leading construction enterprises in the industry, delivering quality services that meet the trust and expectations of clients and partners. Moreover, the company has maintained stable and sustainable business performance throughout 2023-2024. Central has contributed to stabilizing the national economy by overcoming challenges and consistently supporting and partnering with the community and society.
Being recognized among the Top 50 Excellent Enterprises in Vietnam marks a significant milestone, affirming Central’s commitment to the strategic development of sustainability that it has been pursuing. In the face of a continuously fluctuating market, the company has consistently focused on innovation, creativity, and adaptation to build a lasting position and earn the trust of its clients.
Representatives of the Top 50 Excellent Enterprises in Vietnam
2024 marks the 18th consecutive year that Vietnam Report, in collaboration with VietNamNet newspaper, has published the VNR500 ranking to honor large-scale enterprises that maintain effective business operations, demonstrate resilience in the face of unexpected global challenges, and cope with the slowdown of national economic growth. With a transparent and scientific methodology, being included in the VNR500 ranking serves as a launching pad to enhance the position and prestige of Vietnamese businesses both domestically and internationally.
Central Construction Joint Stock Company extends its sincere gratitude to its valued clients, partners, and the dedicated staff for their contributions to the collective success of the company.
On January 2, 2025, Central Construction Joint Stock Company held its Year-End Review Meeting 2024 with the theme “Unlocking Inner Strength” at the White Palace Convention Center, Hoang Van Thu. The meeting was a great success, taking place in a solemn yet warm atmosphere, with the participation of distinguished guests and more than 850 employees.
During the ceremony, Central reflected on the achievements made in 2024 through relentless efforts and perseverance. With the current internal strength — a highly skilled workforce, strong financial stability, digital transformation, enhanced technical capabilities, and expanded business operations — the leadership shared the goals and directions for the upcoming year.
The discussion session featured a conversation between Central’s leadership and guest speakers Mr. Pham Thanh Dien, Chairman of 620 Infrastructure Development and Investment Joint Stock Company, and Mr. Duong Dinh Thanh, Expert in Restructuring and Digital Transformation.
2024 marked “the second entrepreneurial journey” for Central, summarized in an emotional video highlighting the company’s relentless efforts, intertwined with the silent sacrifices of employees. The growth of the team, the courage to exceed personal limits, and the readiness to face challenges and conquer new milestones were all reflected.
One key highlight in Central’s business activities was the company’s initial foray into the infrastructure sector, beginning with projects such as the Can Tho – Hau Giang Expressway, Rang Đông Aurora Industrial Park in Nam Dinh, The Global City infrastructure and landscape, and The Rivus. These projects lay the foundation for us to continue asserting our infrastructure construction capabilities in the future.
At the event, CEO Tran Quang Tuan shared a message with all employees: “I, along with you, commit to creating a ‘Happy Work Environment.’ Central is not just a place to work but a place to belong, where every engineer can build a long-term career. As a founder and leader, I urge all leaders and managers to lead by example, adopt the right mindset, learn and grow every day, take responsibility in decision-making, UNLOCK THE INNER STRENGTH OF YOURSELF AND YOUR TEAM, and practice the principle of EFFECTIVE WORKING [5 Rights]: Right Task; Right Person; Right Contact; Right Time; Right Result.”
CEO Tran Quang Tuan’s speech
A special feature of this year’s meeting was an inspiring session with Speaker Thanh Nguyen, CEO and Chief Happiness Officer of Anphabe, who led a discussion on the topic “Building Happiness, Securing the Future.” Through this session, each employee was encouraged to step out of their comfort zones, continuously learn and grow, turn fear into opportunity, and pursue passion and purpose. This approach is essential to developing personal happiness, fostering empathy between staff and leadership, and ultimately creating a happy work environment.
Speaker Thanh Nguyen, CEO and Chief Happiness Officer of Anphabe, leading the discussion on “Building Happiness, Securing the Future” and creating a happy work environment.
Employees engaging with Speaker Thanh Nguyen
Building upon the successes of 2024, the Central team is committed to pursuing its goals more systematically, decisively, thoroughly, and with greater depth. During the presentations by the Directors of Divisions/Departments, the action plans for 2025 were outlined: focusing on human resources development, optimizing operational systems, accelerating digital transformation, enhancing technical capabilities, expanding the infrastructure sector, offering comprehensive solutions to clients, and particularly, developing international markets to reach global opportunities.
Directors of Divisions/Departments sharing insights on internal resources
In recognition of the contributions made by Central’s employees in 2024, the leadership decided to reward and personally present awards to the most outstanding individuals and teams in various categories: Best Digital Transformation Department, Outstanding Project Achievements, Breakthrough Projects, Outstanding Site Managers, Outstanding Deputy Site Managers, Outstanding Department Heads, Outstanding Supervisors, and Outstanding Office Staff.
Outstanding Individuals & Teams recognized at the Year-End Review Meeting 2024
Central’s leadership raising a toast to the success of the Year-End Review Meeting 2024
The ceremony concluded with a sense of joy among the employees, leaving behind many emotions, united in the mission to “Unlock Inner Strength” and accomplish the set objectives for 2025. Together, we are determined to ensure that Central continues to grow stronger in the future.
On the morning of Dec. 24, 2024, Central Construction JSC, in collaboration with the Project Management Unit (PMU) of the “Development of Vietnam’s National Universities – Vietnam National University Hanoi Subproject” hosted the ground-breaking ceremony for the University of Engineering and Technology at Thach Hoa Commune, Thach That District, Hanoi City. The project is being built on the Vietnam National University Hanoi campus, covering 887.9 hectares and is funded through a World Bank’s credit fund. The total investment amounts to USD 123.18 million, equivalent to VND 2,894 trillion.
The event was attended by distinguished delegates, including:
From Vietnam National University-Hanoi (VNU-HN):
Mr. Le Quan, Secretary of the Party Committee, President
Professor, Academician Dao Trong Thi, Former President
Mr. Nguyen Hieu, Permanent Vice President
Mr. Nguyen Hoang Hai, Vice President
Mr. Pham Bao Son, Vice President
Dr. Vu Minh Giang, Former Vice President
From the University of Engineering and Technology (UET):
Mr. Chu Duc Trinh, Rector
Mrs. Nguyen Thi Bich Ha, The spouse of the late Professor, Academician Nguyen Van Hieu
Mrs. Nguyen Thu Huong, Vice Rector
From the PMU “Development of Vietnam’s National Universities – VNU, Hanoi Subproject”:
Mr. Nguyen Thanh Tuan, Director of the Board
From Central Construction Joint Stock Company:
Mr. Tran Quang Tuan, CEO
Mr. Tran Dang Khoa, Executive Director
Mr. Nguyen Thanh Luan, Project Director
In collaboration with APAVE Vietnam & Southeast Asia consultancy company, the design consultants’ team, faculty members from VNU-Hanoi, esteemed partners, clients, and media agencies supporting communications of this important project.
The UET project consists of several key facilities such as: administrative buildings, lecture halls, training and practice areas, a multifunctional laboratories building, and essential technical infrastructure such as road, power stations, water supply, and wastewater treatment systems. CENTRAL serves as the General contractor for Structural, Finishing, MEP systems and Infrastructure
The ground-breaking ceremony for the UET marks a significant step in VNU-Hanoi’s commitment to modernizing and synchronizing its facilities, contributing to the national innovation ecosystem, and, most importantly, advancing the development of human resources for semiconductor integrated circuit technology research in Vietnam.
Leaders of VNU-Hanoi, UET and CENTRAL performing the Ground-breaking Ceremony
Delegates attending the Ground-breaking Ceremony
Mr. Nguyen Hieu, Permanent Vice President of VNU Hanoi speech at the ceremony
At the groundbreaking ceremony, Mr. Nguyen Hieu, Permanent Vice President of VNU Hanoi, shared: “The ground-breaking of the UET marks a milestone in the school’s development, with a larger scope and a commitment to becoming the leading center in the country for training and research in technology, especially in developing the workforce for research in semiconductor integrated circuit technology in Vietnam.”
Mr. Chu Duc Trinh, Rector of the UET speech at the ceremony
On behalf of the UET’s Board of Administrators, Mr. Chu Duc Trinh, the Rector of the university, spoke: “This groundbreaking ceremony is a landmark event celebrating the 25th anniversary of the University’s establishment. It signifies not only the dream of VNU Hanoi and the UET but also the aspiration of Vietnam’s higher education system. Moving forward, the University is ready to accompany VNU-Hanoi in spearheading efforts to train high-quality, advanced technical professionals and cultivate exceptional talent for the nation, the region, and the world”
In response to the trust from the Owners, Mr. Tran Quang Tuan, CEO of CENTRAL, stated: “Central is honored to collaborate with VNU-Hanoi in this large-scale educational project. The trust placed in us by the Owners is a powerful motivation for Central to continuously strive for excellence, complete the project to the highest standards, and contribute to enhancing the nation’s human resource development. We firmly believe that this partnership will establish a strong foundation and open-up many new opportunities for the future, enabling our company to continue contributing to the development of Vietnam’s education sector.”
Mr. Tran Quang Tuan, CEO of Central Construction JSC speech at the ceremony
Once completed, the project will meet the educational needs of 4,400 students, aligning with the strategic vision of the UET. It aims to position the university as a leading research university in science and applied technology in Vietnam, meeting the core standards of advanced research universities across Asia. In particular, several programs and disciplines will meet international benchmarks, making significant contributions to the nation’s industrialization and modernization efforts.
Some images from the ceremony:
MC Thao Van and Mrs. Mai Thi Kim Dung, CFO of CENTRAL, taking a commemorative photo
The PMB for Vietnam National University Development of VNU-Hanoi has just announced the results of the contractor selection for the Construction Package of the University of Technology (Phase 1) (WB/VNUHN/CW/03). Accordingly, Central Construction Joint Stock Company is the winning contractor for this project.
The project is being constructed on an area of 887.9 hectares and utilizes credit funding from the World Bank. The total investment for Vietnam National University – Hanoi (VNU-HN) amounts to 123.18 million USD, equivalent to 2,894 trillion VND.
On the morning of December 17, 2024, at the Headquarters of the World Bank’s PMB, located in Headquarters Building – Center Zone of Vietnam National University, Hanoi, both Parties conducted a contract signing ceremony. Currently, the construction site has been prepared and is ready to commence construction at the end of December 2024.
Contract Signing Ceremony for the Construction Package of University of Engineering and Technology (UET) – Vietnam National University – Hanoi (VNU) (Phase 1) (WB/VNUHN/CW/03)
PROJECT INFORMATION:
Project Name:
University of Engineering and Technology (UET) – Vietnam National University – Hanoi (VNU)
Address:
Thach Hoa Commune, Thach That District, Hanoi City
Investor:
PMB for Vietnam National University Development of VNU-Hanoi
Design Consultant:
Design Consultant And Investment Of Constructions One Member Limited Liability Company (DCCD)
Scope of Work:
Structure, Finishing, MEP, and Infrastructure Works
Land Area:
41,000m2
Perspective of Vietnam National University – Hanoi Campus in Hoa Lac
Vietnam National University – Hanoi, once officially operational, will become a symbol of the most modern and smart green university urban area in Southeast Asia. The university has invested in many prominent facilities such as lecture halls, libraries, indoor and outdoor sports areas, cafeterias, dormitories, and green landscape areas.
In the field of education, Central has affirmed its position with a series of international standard school projects across the country. In the northern region, notable projects include: Singapore International School (Hai Phong), Dewey International School Ocean Park (Gia Lam, Hanoi), Chadwick International School, and Edison International School (Ecopark, Hung Yen), along with Phenikaa University (Ha Dong).
In the southern region, Central has successfully handed over projects such as Emasi Nam Long School (District 7) and Blue Sky Mega Residence School (District 9). Notably, the Emasi Plus International School – Water Point Campus in the Waterpoint Urban Area, Nam Long, Long An, has become a pioneering symbol in applying energy-saving green technology and using materials according to green building standards – LEED.
Central is proud to accompany this large-scale educational project. With a strong technical expertise foundation and a diverse accumulation of experience, Central has asserted its leading position through the application of modern technology and a professional project management process. We are committed to implementing the project with the highest determination, ensuring quality construction and timely delivery as committed.
Central not only aims to construct buildings but also aspires to make significant contributions to the development of education in Vietnam. Participating in international standard educational projects is part of our long-term strategy, with the goal of enhancing education quality and providing a modern and comfortable learning environment for future generations. Central continuously strives to contribute to building a better education for everyone. We are proud to contribute to the nation’s educational development.
Central Construction Joint Stock Company has secured the first runner-up position in the “TOP 10 Value-Creating Enterprises in Vietnam” within the Real Estate – Construction – Building Materials sector of the VALUE500 ranking for 2024. The award ceremony was held on the evening of December 12, 2024, in Hanoi.
Representatives of Central’s Leadership received the certificate and commemorative medal for being in the TOP 10 Value-Creating Enterprises in Vietnam 2024 – Real Estate – Construction – Building Materials sector.
The certificate and commemorative medal for being in the TOP 10 Value-Creating Enterprises in Vietnam 2024 – Real Estate – Construction – Building Materials sector.
The VALUE500 ranking is a nationwide research initiative, the first of its kind organized in collaboration with Viet Research and Bao Dau Tu, aimed at honoring the Top Value-Creating Enterprises in Vietnam. The program evaluates and recognizes companies that have a significant impact on the economy based on criteria such as size and growth rate, profitability, contribution to the state budget, job creation and income for workers, as well as ESG (Environmental – Social – Governance) factors and innovation.
According to the Organizing Committee, companies recognized in the VALUE500 ranking not only receive deserved recognition from society for their efforts but also inspire the business community toward sustainable long-term development goals, collaboratively creating value for society.
Central ranked second in the Top 10 Value-Creating Enterprises in Vietnam 2024 for the Real Estate – Construction – Building Materials sector.
The journey of Central to “rise high” in various rankings is closely tied to its commitment to sustainable value creation for clients and society, particularly in establishing stable careers for over 900 employees working on projects nationwide. In recent years, Central has undertaken a comprehensive restructuring of its organizational apparatus, aiming for excellent governance. Additionally, the company continuously improves construction techniques and invests in top-notch construction equipment and technology from around the world, ensuring that each completed project is a timeless “value” for clients and society.
Furthermore, the focus on training in professional skills and expertise for the workforce is considered a top priority for the Central Leadership. The development of the workforce’s capacity and mindset will serve as a solid foundation for Central’s sustainable growth in Vietnam and, more broadly, in the international market as part of its long-term growth strategy.
Representatives of the enterprises honored among the Top 500 Value-Creating Enterprises in Vietnam 2024.
This award is a source of pride for all employees and adds to the prestigious collection of accolades the company has achieved in 2024, including: Top 10 BCI Asia Award 2024, Top 4 Largest Construction Enterprises in Vietnam (report from VNR500 for Private Enterprises), Top 50 Vietnam the Best in 2024, Corporate Excellence Award APEA for three consecutive years, and Top 3 Best Places to Work in Vietnam in the Construction Sector in 2024.
The “harvest season” of awards in 2024 is a worthy result of the journey toward sustainable development, reaffirming Central’s leading status in the market.
On the morning of November 30, 2024, at Lot D1, Tan Thuan Export Processing Zone, District 7, Ho Chi Minh City, Central Construction Joint Stock Company and the investor, Tan Thuan Co., Ltd. (TTC), solemnly organized the topping-out ceremony for the TTC Business Incubator Project – Office Building C. This event marks an important milestone as the project has been topped out 1.5 months ahead of schedule, bringing great pride to all parties involved.
Attendees at the ceremony included:
From the Investor:
Mr. Nguyen Tan Phong – Deputy General Director
Mr. Yuan Dong – Director of the Service Department
Mr. Hoang Bao Quoc – Deputy Director of the Service Department
Mr. Hoang Duc Thinh – Construction Manager
From SCQC Saigon Construction Quality Control Joint Stock Company:
Mr. Tran Hai Minh – Chief Supervisor
From Sino-Pacific Construction Consultancy Co.,Ltd:
Ms. Thai Anh Ngoc – Chief Designer
From Central:
Mr. Nguyen Thien Thuat – Project Director
Mr. Nguyen Duc Hau – MEP Project Director
Mr. Do Tran Duy Vinh – Project Manager
Mr. Do Van Phuc – MEP Project Manager
The leadership teams from all parties participated in the ceremonial raising of the golden steel beam
For this project, Central Construction JSC is serving as the General Contractor for the complete execution of the following works: structure, finishing, interiors, façade, MEP systems, infrastructure, and landscaping. Commencing in February 2024, the project has overcome numerous challenges and achieved significant milestones. Notably, the excavation work for the basement was completed one month ahead of schedule, and the final slab pour for the roof was carried out 1.5 months earlier than planned.
“The TTC Business Incubator – Office Building C” will provide office space for businesses operating in software, design, commerce, and startups. This project continues the success of the investor following the operational launch of buildings A and B.
The TTC Business Incubator Project – Office Building C during the topping out ceremony
In response to the trust placed in them by the investor and to express gratitude to the partners involved, Mr. Do Tran Duy Vinh – Project Manager on behalf of Central stated: “During the construction process, conflicts and challenges are inevitable. However, with the professionalism of a reputable general contractor and the seamless coordination among all parties, every issue has been resolved. The success of a project is a collective effort, uniting the strength of all of us here.”
Mr. Do Tran Duy Vinh – Project Manager expresses gratitude to the partners and clients whose collaboration contributed to the project’s success.
Following the topping out ceremony, the project team will continue to accelerate the finishing works: complete the mock-up floor as planned; finalize the interiors and construct the facade; and simultaneously implement the surrounding infrastructure. We are committed to completing the project on time, ensuring the highest quality, and handing it over to the investor for operations as per the established plan. This not only demonstrates Central’s capabilities and reputation but also reflects the trust and expectations that the investor has placed in us.
Some images from the ceremony:
Quang cảnh buổi Lễ cất nóc dự án Vườn Ươm Doanh Nghiệp TTC – Tòa Nhà Văn Phòng C
