HANDOVER CEREMONY OF THE LANDSCAPE WORKS PHAN DINH PHUNG STADIUM PARK

On the afternoon of January 25, 2026, Phat Dat Real Estate Development Corporation, in coordination with CENTRAL, relevant units, and the People’s Committee of Xuan Hoa Ward, held the handover ceremony of the Landscape Works of Phan Dinh Phung Stadium Park at No. 08 Vo Van Tan Street. Following the ceremony, the park was officially received, managed, and opened for public use by the People’s Committee of Xuan Hoa Ward.

The ceremony took place in a solemn atmosphere, with the distinguished presence of Mr. Nguyen Van Duoc, Member of the Party Central Committee, Deputy Secretary of the HCMC Party Committee, and Chairman of the HCMC People’s Committee; Mr. Vo Van Minh, Member of the Party Central Committee, Deputy Secretary of the City Party Committee and Chairman of the HCMC People’s Council; along with city leaders, local authorities, representatives of departments and social organizations, partner units, and members of the press.

Mr. Nguyen Van Duoc, Chairman of the HCMC People’s Committee, presenting flowers to encourage Xuan Hoa Ward authorities and participating units

After more than two weeks of intensive implementation at maximum speed, with overnight construction, large-scale resource mobilization, and strict control of every work item, CENTRAL, together with the involved units, successfully fulfilled the objectives set by the Investor and completed the handover of the landscape works to the People’s Committee of Xuan Hoa Ward, promptly delivering a new public community space in time for residents to enjoy during the Lunar New Year celebrations.

The city leaders, the investor, and project units visiting the park on the handover day

“AN ECOLOGICAL FOREST IN THE HEART OF THE CITY”

The landscape project of Phan Dinh Phung Stadium Park is one of 9 land plots directed by the HCMC People’s Committee to be reviewed and temporarily transformed into parks and flower gardens in the former Districts 1 and 3. The project was invested in by Phat Dat and implemented by CENTRAL and partner units under the theme “An Ecological Forest in the Heart of the City,” aiming to create a green space of significant landscape, ecological, and spiritual value for the city’s residents.

Current view of the Phan Dinh Phung Stadium Park landscape at the handover ceremony

Speaking at the ceremony, Mr. Nguyen Van Duoc, Chairman of the HCMC People’s Committee, stated: “This is a meaningful and practical project celebrating the Party, welcoming the Spring, and celebrating the successful Party Congress—truly reflecting the harmony between Party directives and the people’s aspirations. On behalf of the city leadership, I would like to sincerely thank the sponsor, Phat Dat Corporation, and the construction units for completing such a large-scale and beautiful project within a very short timeframe, contributing to a more joyful, warm, and fulfilling Tet holiday for the people of HCMC in general and Xuan Hoa Ward in particular.”

Mr. Nguyen Van Duoc, Chairman of the HCMC People’s Committee, speaking at the ceremony

At the handover, Mr. Nguyen Hung Hau, Deputy Secretary of the Party Committee of Xuan Hoa Ward, shared: “This project will serve as a venue for community activities and a gathering place for local youth, helping to strengthen social bonds and foster pride in the locality. The urban renewal has transformed the appearance of the central area, contributing to the image of a civilized, modern city while preserving its traditional identity.”

Mr. Nguyen Hung Hau, Deputy Secretary of the Xuan Hoa Ward Party Committee, sharing at the event

The early completion and commissioning of the Phan Dinh Phung Stadium Park landscape works not only mark the successful delivery of a specific project but also clearly demonstrate the sustainable development philosophy pursued by Phat Dat and its partners—linking corporate growth with community benefits and the urban development goals of HCMC. According to Mr. Bui Quang Anh Vu, CEO of Phat Dat Real Estate Development Corporation, the Phan Dinh Phung Sports Complex site holds a unique position at the very heart of HCMC, where every square meter of land embodies not only economic value but also historical memory and the spiritual life of its people.

Mr. Bui Quang Anh Vu, CEO of Phat Dat, speaking at the ceremony
Mr. Bui Quang Anh Vu handing over the Landscape Works of Phan Dinh Phung Stadium Park to Mr. Nguyen Hung Hau

Following the handover, the landscaped space of Phan Dinh Phung Stadium Park is expected to become a multi-functional community hub for recreation, creativity, and social interaction—especially for young people, pupils, and students from nearby schools in the city center. Dedicated areas for seasonal decorations and Tet flower displays have been planned and will continue to be flexibly adjusted to suit festive occasions, contributing to a lively and welcoming atmosphere for residents.

CENTRAL is honored to have accompanied units in successfully delivering the project, meeting expectations through both progress and execution efficiency. This achievement not only reaffirms CENTRAL’s long-term commitment to partnering with HCMC authorities in enhancing quality of life and creating humane urban spaces, but also contributes tangible value and happiness to the lives of residents in the area and across HCMC.

STRATEGIC PARTNERSHIP SIGNING CEREMONY THE EMERALD BOULEVARD PROJECT – LE PHONG GROUP

On the morning of January 16, 2026, the Strategic Partnership Signing Ceremony for The Emerald Boulevard Project between Le Phong Group and CENTRAL was successfully held at Sheraton Saigon Hotel, Saigon Ward, Ho Chi Minh City.

At the event, Le Phong Group officially announced CENTRAL as the General Contractor for the project, marking a strategic collaboration between a reputable real estate developer with prime land reserves and one of Vietnam’s leading general contractors.

Representatives of Le Phong Group and CENTRAL performing the strategic partnership signing ceremony

PROJECT INFORMATION:

Project name:The Emerald Boulevard
Location:Binh Hoa Ward, Ho Chi Minh City
Investor:Le Phong Group
Scale:0303 towers, 03 basements, 40 floors
CFA:154,000m2
Project perspective of The Emerald Boulevard

The Emerald Boulevard is a high-end residential development in the Northeastern area of Ho Chi Minh City, regarded as a masterpiece that brings together outstanding advantages. The project enjoys a prime location along National Highway 13 and the future metro line, within a strategic growth area benefiting from Binh Duong’s integration into Ho Chi Minh City.

Le Phong Group’s decision to place full trust in CENTRAL represents a great honor for the team. With a shared determination to create a living space that is not only aesthetically refined but also structurally sustainable, CENTRAL confidently leverages its role as a top-tier General Contractor, accompanying the Developer in realizing the project’s strategic vision and its message “Elevated Living – Beyond Value.”

Speaking at the signing ceremony, Mr. Bui Nguon Phong, Chairman of the Board of Directors – Founder of Le Phong Group, stated: “The Emerald Boulevard is a project into which we have invested great dedication, aiming to create a modern and sustainable living environment where residents’ experiences are at the core. We understand that buyers are not simply purchasing a home—they are investing in long-term peace of mind. With CENTRAL’s extensive experience in delivering numerous Grade A projects, The Emerald Boulevard will achieve solid structural quality, refined finishing standards, and a firm commitment to on-time completion.”

Mr. Bui Nguon Phong, Chairman of the Board of Directors – Founder of Le Phong Group, speaking at the signing ceremony

Responding to the Developer’s trust, Mr. Tran Quang Tuan, Chairman of CENTRAL, affirmed: “For CENTRAL, a project is only truly successful when it is developed alongside a visionary investor with a long-term outlook, a serious professional mindset, and a genuine commitment to sustainable value for customers. As the General Contractor, CENTRAL is fully committed to prioritizing construction quality, applying advanced technical standards, technologies, and materials, and ensuring occupational safety is upheld throughout the entire construction process. At the same time, we will organize construction works in a scientific and disciplined manner, strictly adhering to the agreed overall schedule.”

Mr. Tran Quang Tuan, Chairman of CENTRAL, affirming CENTRAL’s commitment
Previously, on December 25, 2025, representatives of CENTRAL and Le Phong Group had already signed the construction contract for The Emerald Boulevard Project, laying the foundation for this strategic partnership

With extensive experience in delivering numerous high-rise developments—particularly luxury residential projects—across Vietnam and international markets, supported by a dedicated team of highly qualified engineers and a professional, efficient management system, CENTRAL is committed to executing and delivering the project in full compliance with the Developer’s expectations in terms of quality, progress, occupational safety, and environmental standards.

Representatives of both parties taking commemorative photos at the event
Formal atmosphere of the Strategic Partnership Signing Ceremony

SECRETARY OF THE HCMC PARTY COMMITTEE TRAN LUU QUANG INSPECTED PHAN DINH PHUNG PARK PROJECT CONSTRUCTED BY CENTRAL

On the morning of January 15, 2026, Mr. Tran Luu Quang, Secretary of the HCMC Party Committee inspected the progress of the renovation work on 9 vacant plots of land proposed by the Department of Agriculture and Environment to create temporary parks and flower gardens for the Lunar New Year of the Horse 2026.

HCMC Party Secretary Tran Luu Quang and Chairman of the HCMC People’s Committee Nguyen Van Duoc took commemorative photos with representatives of Phat Dat Corporation and CENTRAL at the project site
Mr. Tran Quang Tuan, Chairman of CENTRAL, welcomed the inspection delegation during the visit

Among the inspected projects, CENTRAL Construction JSC is currently executing the Phan Dinh Phung Sports Arena Park Project, under the management of Phat Dat Real Estate Development Corporation, located at No. 8 Vo Van Tan Street, Xuan Hoa Ward. The project site holds a particularly strategic position, featuring four frontage roads in the city center, namely Vo Van Tan – Nguyen Dinh Chieu – Nam Ky Khoi Nghia – Pasteur.

Current status of the Phan Dinh Phung Sports Arena Park project site (Nguồn: VTC News.)

According to the implementation plan, the entire internal area of the site is undergoing comprehensive cleaning and urban upgrading, while the surrounding sidewalks along adjacent streets are also being renovated to create a clean, open, and pedestrian-friendly space with an average width of 4.0–4.4 meters, serving walking, exercise, and community activities during the Lunar New Year and beyond. The internal landscape is divided into multiple work packages, including construction works, lawn installation, and tree planting. For greenery, existing large trees are preserved, cleaned, and treated, while additional large-sized trees are planted to enhance and harmonize the overall landscape.

Amid an accelerated construction atmosphere, dozens of workers along with machinery and equipment are actively engaged in site clearance and ground improvement. According to CENTRAL’s PMB, the project has currently achieved approximately 40% completion. With this progress, the project is expected to be completed and handed over within January, prior to the Lunar New Year.

CENTRAL mobilizing machinery, equipment, and workforce for intensive site improvement works (Nguồn: VTC News.)
During the site visit, HCMC Party Secretary Tran Luu Quang and Chairman of the HCMC People’s Committee Nguyen Van Duoc presented VND 100 million to recognize and encourage the efforts of the participating construction units

As the main contractor, CENTRAL considers this project a work of significant social importance, receiving high expectations from both city authorities and local residents. Initially planned for completion within 30 days, the schedule was compressed to just over 15 days to ensure timely service for the Lunar New Year. Construction activities are carried out in multiple shifts nearly 24/7, with several work packages executed overnight. On average, nearly 100 workers are present on-site during the day, while 40–50 workers continue operations at night.

Project signboards have been installed at all corner intersections

Due to construction along sidewalks on all four frontages, tree protection and surrounding area safeguarding measures are implemented simultaneously. Hazardous areas are fenced off, and any affected sections will be fully restored upon completion. Once the project is finalized, all fencing will be removed, creating an open-access public space allowing residents to approach the park from multiple directions. A portion of the site will also be reserved for community, cultural, and charitable activities organized by local authorities.

CENTRAL is honored to participate in the construction of the Phan Dinh Phung Sports Arena Park Project, contributing to the efficient utilization of urban land resources in accordance with the city’s directives. The project not only helps prevent land vacancy and resource waste but also plays an important role in urban beautification, increasing green coverage and expanding public spaces to serve residents’ daily life, festive activities, and major political–cultural events.

GROUNDBREAKING CEREMONY OF SARENE RESIDENCE & COMMERCIAL COMPLEX

On the morning of January 13, 2026, CENTRAL Construction JSC, in collaboration with the Investor – Dai Quang Minh Real Estate Investment JSC, officially held the Groundbreaking Ceremony of the SARENE Residence & Commercial Complex at Sala Thu Thiem New Urban Area, Ho Chi Minh City.

The ceremony marked a significant milestone, officially restarting and opening a new development phase of the Sala Urban Area—a flagship project of Dai Quang Minh, THACO Group, located in Thu Thiem, the emerging financial and administrative center of Ho Chi Minh City.

The event also reaffirmed the strong comeback of Dai Quang Minh at the 257-hectare Sala Urban Area, following more than a decade of completing and consolidating the legal and regulatory framework.

The ceremony was attended by representatives of local authorities, leadership of involved parties, consultants, subcontractors, and suppliers, demonstrating strong alignment and commitment among stakeholders.

Representatives of all parties performed the official groundbreaking ritual

PROJECT INFORMATION:

Project Name:SARENE Residence & Commercial Complex
Location:Sala Thu Thiem New Urban Area, Ho Chi Minh City
Investor:Dai Quang Minh Real Estate Investment JSC
Scale:4 towers, 2 basements, 3 podiums, 26 floors
Architectural Consultant:Ong & Ong Pte. Ltd.
Supervision Consultant:Artelia Vietnam Co., Ltd.
CFA:150,431m2
Land Area:16,319.60 m2
Perspective of SARENE Residence & Commercial Complex

The SARENE Residence & Commercial Complex is envisioned as a next-generation real estate product, benefiting from outstanding advantages in riverfront landscape, ecological environment, and a large-scale riverside park system, along with a well-integrated transportation network. With dedicated investment from the Investor, the project is expected to deliver a distinctive high-end residential product, worthy of its prime location within the Sala Urban Area.

The podium is planned as a multi-functional Shop Apartment complex, integrating residential and commercial uses, surrounding the apartment towers with a well-balanced construction density. Community spaces are meticulously designed to ensure harmony, connectivity, and modern architectural aesthetics. Notably, the project enjoys direct connectivity to Metro Line No. 2 and major expressways, significantly reducing travel time between Ho Chi Minh City, Long Thanh International Airport, and Tan Son Nhat International Airport, thereby enhancing long-term value and development potential.

Dai Quang Minh – a strong market return after more than a decade

Dai Quang Minh is one of the most prominent real estate and infrastructure developers within the THACO Group ecosystem. Over the years, the company has not only implemented THACO’s key real estate projects but has also represented joint ventures and played a coordinating role in numerous large-scale, city-shaping urban and infrastructure developments.

Its most notable project is the 257-hectare Sala Urban Area, one of the pioneering model urban developments in Thu Thiem, contributing significantly to the modern urban identity of Ho Chi Minh City’s eastern zone. In addition, Dai Quang Minh has invested in and delivered a series of key infrastructure works in Thu Thiem, including four main arterial roads, Thu Thiem 2 Bridge, Mai Chi Tho Boulevard, and the central lake ring road. These projects not only hold commercial value but also play a strategic role in regional connectivity and urban development.

On behalf of An Khanh Ward, Mr. Nguyen Thanh Trung, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of An Khanh Ward, stated: “With the close attention and guidance of Ho Chi Minh City authorities, along with continuous efforts to address legal and planning challenges, the Sala Urban Area has now fulfilled all necessary conditions to resume investment activities in accordance with approved orientations. In recent times, the An Khanh Ward People’s Committee has actively supported and will continue to accompany the Investor, promptly resolving arising issues to ensure a stable, transparent, and effective investment environment, harmonizing the interests of the State, businesses, and the local community.”

Mr. Nguyen Thanh Trung, Deputy Secretary of the Party Committee and Chairman of the People’s Committee of An Khanh Ward, stated at the event

Speaking at the ceremony, Mr. Nguyen Hoang Tue, President of Dai Quang Minh Real Estate Investment JSC, shared: “We sincerely thank the leadership of An Khanh Ward, our partners, banks, contractors, and consultants for their continued support and companionship throughout the project implementation process. With a spirit of responsibility, dedication, and professionalism, we are committed to delivering the project on schedule, ensuring quality, safety, and progress, and continuing to contribute positively to the sustainable development of Thu Thiem New Urban Area and Ho Chi Minh City.”

Mr. Nguyen Hoang Tue, President of Dai Quang Minh Real Estate Investment JSC spoke at the ceremony

CENTRAL is honored and proud to be selected by Dai Quang Minh, a member of THACO Group, as the Main Contractor for the SARENE Residence & Commercial Complex. This is the largest-scale project and the very first to be implemented immediately upon the official relaunch of the Sala Urban Area, marking an important milestone that opens a new development phase for Sala Thu Thiem.

Immediately after the ceremony, CENTRAL’s PMB commenced deployment of construction activities. Given the SARENE Residence & Commercial Complex’s large scale and high technical requirements, it demands maximum focus and rigorous execution. To honor the trust placed by the Investor, CENTRAL’s PMB is fully committed to delivering excellence, continuously improving performance, and striving to become a long-term, strategic construction partner of THACO Group, ready to accompany the Investor across all future developments.

Representatives of the leadership teams took commemorative photos at the event
The PMB also captured memorable moments following the ceremony

GROUNDBREAKING CEREMONY OF ON DIAMOND SKY HIGH-END APARTMENT AND COMMERCIAL CENTER PROJECT

On the morning of January 8, 2026, CENTRAL Construction Joint Stock Company, in coordination with the Van Phuc Group, officially held the groundbreaking ceremony for the Diamond Sky High-End Apartment and Commercial Center Project at Van Phuc City Urban Area, Ho Chi Minh City.

The ceremony was attended by leaders of the involved parties, along with representatives from consulting firms, subcontractors, and suppliers.

Representatives of the parties perform the topping-out ceremony

PROJECT INFORMATION:

Project name:Diamond Sky High-End Apartment & Commercial Center
Location:Van Phuc City Urban Area, Ho Chi Minh City
Investor:Van Phuc Group
Supervision Consultant:Core Asia Project Management Co., Ltd.
Scale:02 towers with 02 basements, 18–20 floors
CFA:50,982 m²
Land area:17,600 m²
Perspective of Diamond Sky High-End Apartment & Commercial Center

Diamond Sky – A Landmark Residential in a Prime Urban

Located within Van Phuc City, a riverside urban complex along the Saigon River, Diamond Sky benefits from a 3.4-kilometer riverfront park, strategic connectivity along National Highway 13, and proximity to the future Metro Line 3B. As Van Phuc Group’s first high-rise residential project in Ho Chi Minh City, Diamond Sky is developed on nearly two hectares of land with low construction density and a clear orientation toward green urban development.

Amid increasing inner-city land scarcity and rising market demand for legally transparent, high-quality housing, Diamond Sky is expected to meet premium residential needs while offering strategic investment opportunities, contributing to shaping the future of the high-end apartment segment in Ho Chi Minh City.

Project site layout on the groundbreaking day

Speaking at the ceremony, Mr. Pham Danh, Chairman of Van Phuc Group, stated: “For more than 30 years, Van Phuc Group has remained steadfast in its mission to develop well-planned, high-quality, and civilized living spaces. To realize our long-term vision of making Van Phuc City one of the most livable urban areas in Ho Chi Minh City, we have entrusted CENTRAL as our strategic partner for the Diamond Sky project. We are confident that with its professionalism, strong capabilities, and high sense of responsibility, CENTRAL will deliver the project on schedule and to the highest quality standards.”

Mr. Pham Danh, Chairman of Van Phuc Group, stated at the event

In response, Mr. Tran Quang Tuan, Chairman & CEO of CENTRAL Construction, affirmed: “CENTRAL is committed to executing the Diamond Sky project in a scientific and tightly controlled manner, strictly adhering to the overall schedule agreed with the Investor. We will ensure superior construction quality while placing the highest priority on occupational safety and environmental protection throughout the entire construction process. CENTRAL will work closely with the Investor, project management unit, supervision consultant, and partners to manage risks and optimize efficiency, turning the project’s vision and commitments to customers into reality.”

Mr. Tran Quang Tuan, Chairman & CEO of CENTRAL Construction spoke at the event

Immediately following the groundbreaking ceremony, the two parties officially signed the construction cooperation agreement, marking the formal commencement of the Diamond Sky High-End Apartment & Commercial Center project. This is Van Phuc Group’s declaration for its comprehensive development strategy and further reinforces Van Phuc City’s position as a landmark urban development in Ho Chi Minh City. At the same time, it will represent a new milestone affirming CENTRAL’s construction capability and credibility, particularly in the high-end real estate segment in the city and its role as a leading General Contractor and MEPF in Vietnam.

The two parties officially signed the construction cooperation agreement, marking the formal commencement of the Diamond Sky High-End Apartment & Commercial Center project

With extensive experience in delivering high-rise and luxury residential projects nationwide and in international markets, supported by a highly qualified engineering team and a professional management system, CENTRAL is committed to completing and handing over the Diamond Sky project in full compliance with the Investor’s expectations for quality, schedule, safety, and environmental standards.

Some other images from the ceremony:

CENTRAL ISRAEL AND INTROL ISRAEL CONDUCT SITE INSPECTIONS AT CENTRAL PROJECTS NATIONWIDE

Recently, the CENTRAL’s PMB across the country honorly welcomed a delegation of experts from Israel for site inspections. The visit marked a significant step in strengthening international cooperation while laying the groundwork for workforce training and knowledge transfer in preparation for CENTRAL’s upcoming projects in Israel.

The delegation included Mr. Hendel Ziv, Deputy CEO CENTRAL Israel, responsible for training, workforce development, and skills assessment, aimed at preparing Vietnamese CENTRAL’s engineers and workers for deployment in Israel; Mr. Druker Eran, Project Manager and representative of INTROL (Israel), who visited Vietnam to conduct site inspections, evaluate construction methodologies, site logistics, and project execution as a basis for future collaboration in Israel; and Mr. Tony Tran (Tran Trung Hieu), Project Manager in Israel.

During the visit, the CENTRAL Israel delegation worked directly with the PMB, exchanging insights on construction methods, site logistics, implementation progress, and engaging with on-site workers to encourage and assess operational practices.

CENTRAL Israel delegation visits the Midori The Nest high-end apartment project

The delegation’s first stop was Midori The Nest High-End Apartment Project in Binh Duong New City. The project team presented an overview of construction solutions, progress, manpower deployment, and current site conditions, followed by a tour of the PMB’s office and Basement B2 construction area. Mr. Druker Eran highly commended the site’s organization and management, particularly the structural progress averaging eight days per floor. With several hundred workers per tower (H5 and H7), both sides exchanged and analyzed the effectiveness of aluminum formwork systems applied in Vietnam compared to those used in Israel.

CENTRAL Israel delegation visits the The Estuary project (Da Nang)

At the Estuary Project in Da Nang, the delegation expressed strong appreciation for the professional working style of the project team, where structural works achieved an impressive five days per floor, while finishing works averaged six days per floor, exceeding the investor’s expectations. INTROL’s representative stated that the project would continue to be monitored, with a follow-up visit planned upon completion for a comprehensive evaluation of the execution model.

CENTRAL Israel delegation visits the FPT Plaza 4 project (Da Nang)

During the visit to FPT Plaza 4 project, Mr. Hendel Ziv held direct discussions with workers assigned to the international market. The session focused on vocational training programs, work discipline, professional conduct, and safety standards to prepare Vietnamese workers to meet the stringent requirements of the Israeli market.

At the Legend City project, the delegation showed particular interest in CENTRAL’s top-down construction method and expressed admiration for the project’s systematic and efficient execution. Mr. Druker Eran noted that in Israel, construction typically involves fewer workers due to the use of prefabricated steel components and modular formwork manufactured off-site, leading to valuable technical exchanges between the two parties.

CENTRAL Israel delegation visits the Legend City project (Da Nang)

Concluding the program, Mr. Tran Trung Hieu, representing the PMB and International Business Division, extended appreciation to project managers for facilitating on-site training opportunities for international workforce teams. He also emphasized the importance of professional conduct, strict compliance with site management directives, occupational safety, and discipline throughout construction activities.

The visit by the Israeli expert delegation represents a significant milestone in strengthening cooperation among CENTRAL Vietnam, CENTRAL Israel, and INTROL. Beyond enhancing mutual understanding of construction capabilities and project management practices, the engagement establishes a solid foundation for workforce training, experience transfer, and the future implementation of large-scale projects in Israel.