GROUNDBREAKING CEREMONY OF THE WIN CITY URBAN AREA — A NEW SYMBOL OF TAY NINH’S DEVELOPMENT

On October 31, 2025, in Duc Hoa, Tay Ninh Province, The consortium of Thang Loi Group, An Cuong Wood-Working JSC, and CENTRAL Construction JSC solemnly held the Groundbreaking Ceremony of The Win City Urban Area Project in Duc Hoa Commune, Tay Ninh Province. The event marked not only the commencement of a large-scale, modern, and well-planned urban development but also celebrated the success of the 1st Congress of the Tay Ninh Provincial Party Committee (2025–2030 term) — affirming the province’s commitment to sustainable urban growth in the new development phase.

The ceremony was honored by the attendance of Mr. Nguyen Van Quyet, Secretary of the Tay Ninh Provincial Party Committee; Mr. Nguyen Van Ut, Deputy Secretary and Chairman of the Provincial People’s Committee; representatives from provincial departments and agencies; as well as numerous partners, investors, and clients. In a dignified atmosphere, delegates performed the groundbreaking ritual, officially commencing the journey to build a vibrant and prosperous urban landmark for Tay Ninh.

Leaders of Tay Ninh province together with representatives of the joint venture performed the groundbreaking ceremony
Overview of the ground breaking ceremony of The Win City project

Earlier, on June 20, 2025, during the strategic shareholders’ introduction ceremony, The consortium of Thang Loi Group, An Cuong Wood-Working JSC, and CENTRAL Construction JSC formally announced its cooperation to develop The Win City. Within the partnership: Thang Loi Group serves as the lead investor, responsible for strategic orientation and ecosystem development; CENTRAL acts as the general contractor, in charge of the entire structural, architectural, MEP, fire safety, and landscape infrastructure works, ensuring international standards of quality, progress, and safety; An Cuong Wood-Working JSC provides high-quality, eco-friendly finishing materials, contributing to a modern, comfortable, and sustainable living environment. This cooperation forms a comprehensive, closed-loop development process — from land acquisition, legal procedures, and planning to construction and interior completion — ensuring effective management of quality, cost, and progress.

PROJECT OVERVIEW:

Project name:Binh An Duc Hoa Urban Area – The Win City
Location: Duc Hoa, Tay Ninh Province
Total area: 13hectares
Scale:18 towers (20–28 floors), approximately 6,000 units
Contract value:Nearly VND 10,000 billion

In the first phase, the Victory Heights subzone will include 2,822 units, comprising 2,748 apartments and 74 shophouses, scheduled for completion between 2025–2027. Upon completion, the project is expected not only to address the region’s housing demand but also to contribute approximately 1% of Tay Ninh’s GRDP, providing significant momentum to the real estate market along the Ho Chi Minh City border. With a projected starting price below VND 1 billion per unit, The Win City aims to offer quality housing for young residents and workers in the Tay Ninh–Long An industrial corridor, while pioneering the development of affordable apartment housing in satellite cities surrounding Ho Chi Minh City.

Perspective of The Win City Project
Construction site of The Win City project

During the ceremony, Mr. Duong Long Thanh, Chairman of Thang Loi Group, emphasized: “This groundbreaking ceremony is not only a milestone for Thang Loi Group but also a meaningful step in Tay Ninh’s urbanization process, improving housing quality and residents’ living standards across the Southern region. All legal, planning, and design procedures have been carefully prepared and strictly comply with current regulations, ensuring feasibility, safety, and efficiency throughout the project’s implementation.”

Mr. Duong Long Thanh – Chairman of the Board of Thang Loi Group gave a speech

Echoing this sentiment, Mr. Nguyen Van Ut, Deputy Secretary of the Provincial Party Committee and Chairman of the Tay Ninh People’s Committee, noted: “As a province-led initiative, this project exemplifies our strong confidence in local enterprises and investors. Today’s groundbreaking ceremony for The Win City in Duc Hoa — a land rich in revolutionary tradition — marks an important milestone in advancing urban development and enhancing the quality of life for our people.”

Mr. Nguyen Van Ut, Deputy Secretary of the Provincial Party Committee – Chairman of Tay Ninh Provincial People’s Committee shared

As both co-developer and general contractor, CENTRAL reaffirmed its commitment to delivering The Win City on schedule, with superior quality and absolute safety, leveraging advanced management technology and mobilizing optimal resources. This pledge reflects the shared vision and strength of three leading brands united in creating a sustainable urban symbol — one that will propel Tay Ninh toward becoming a modern industrial province with dynamic, livable cities./.

Some images from the event:

Guests visiting the model houses of The Win City project

ESSENSIA SKY – GREEN-HEALTH APARTMENT PROJECT TOPS OUT AHEAD OF SCHEDULE

October 28, 2025 — The topping-out ceremony of Essensia Sky, an iconic project embodying the philosophy of “green and healthy living” in South Saigon, was held successfully and ceremoniously at 15B Nguyen Huu Tho, Nha Be District, Ho Chi Minh City.

The event welcomed representatives from local authorities, the Board of Directors of developer Phu Long Corporation, general contractor CENTRAL, as well as design, consultancy, and strategic partners who have accompanied the project throughout its development.

Marking a major milestone, the topping-out was completed 60 days ahead of schedule, underscoring exceptional project management, professional work ethics, and strong collaboration among all stakeholders. Since construction began in September 2024, the project’s structural works have been completed in just 424 consecutive days, thanks to the dedication of over 900 engineers and workers contributing more than 10,000 working hours. Throughout the process, CENTRAL conducted over 1,000 material and component inspections, more than 10,000 hours of supervision, and four independent acceptance reviews, ensuring all components met or exceeded international standards for quality and safety.

Representatives of the parties perform the topping-out ceremony of the Essensia Sky project
The scene of the Essensia Sky project topping-out ceremony

Managed and operated by WorldHotels™, the premium brand of the BWH Hotel Group, Essensia Sky benefits from the high-end amenities of Dragon City in South Saigon. The twin towers comprise 424 premium apartments and penthouses ranging from 74 to 347 square meters, designed by Tange Associates (Japan) — one of Japan’s leading architectural firms. From design to construction, the project has consistently pursued a “green and healthy” philosophy, incorporating eco-friendly materials and technologies such as CarbonCure CO₂-absorbing concrete, energy-efficient paint and glass, solar-powered lighting, and in-tap drinking water filtration systems. With its steadfast green development strategy, Essensia Sky has earned the EDGE Certification from the International Finance Corporation (IFC – World Bank) for its tangible contributions to reducing emissions, saving energy, and optimizing operational efficiency.

Actual images of the Essensia Sky project on the topping-out day

During the ceremony, Mr. Anthony Simon Jordan, Deputy General Director of Phu Long Real Estate Joint Stock Company, stated: “Today’s topping-out ceremony demonstrates the collective commitment and exceptional progress achieved by our entire team. With utmost responsibility, dedication, and discipline, Phu Long remains committed to upholding the highest standards of safety, quality, and sustainability for the Essensia Sky community.”

Mr. Anthony Simon Jordan, Deputy General Director of Phu Long Company spoke at the event

Representing the general contractor, Mr. Tran Quang Tuan, CEO of CENTRAL, remarked: “From day one, CENTRAL has set a clear mission: absolute safety, optimal quality, and superior progress. Every stage of the project has been implemented with rigorous management, technical precision, and wholehearted dedication. We believe this milestone will pave the way for further collaborations and new projects built on trust, quality, and shared human values.”

Mr. Tran Quang Tuan, CEO of Central Construction Joint Stock Company shared at the event

Mr. Phan Ngoc Phuc, Secretary of the Nha Be Commune Party Committee, praised the project’s performance: “Completing the structure in just 14 months instead of the planned two years is a remarkable achievement by the developer and contractor. Projects like Essensia Sky are key to attracting investment and driving Nha Be’s transformation as part of Ho Chi Minh City’s approved master plan for the southern region through 2040, with a vision to 2060.”

Mr. Phan Ngoc Phuc, Secretary of the Party Committee of Nha Be Commune spoke at the event

The successful topping-out of Essensia Sky represents not only a technical milestone but also the culmination of shared vision, determination, and teamwork among Phu Long, CENTRAL, and their partners. It stands as a testament to professional execution, accelerated progress, and a shared commitment to creating sustainable, human-centered developments.

Following this milestone, the project will move into the mechanical–electrical, interior, and landscaping phases, continuing to expand its wellness and eco-friendly amenities. Essensia Sky is expected to be handed over in Q4/2026, poised to become a new symbol of green and prosperous living in South Saigon — where every home is not just a residence, but a source of health, energy, and well-being for its future community.

Some other images from the ceremony:

CENTRAL SIGNS MOU FOR TWO LUXURY HOTEL PROJECTS IN RIYADH, SAUDI ARABIA

September 29th, 2025 — During the official visit of Saudi Arabia’s Minister of Industry and Mineral Resources, H.E. Mr. Bandar Ibrahim Alkhorayef, to Vietnam, a high-level meeting was held with Vietnamese Deputy Prime Minister Bui Thanh Son. The meeting took place in a spirit of friendship and openness, reflecting the deepening political trust and shared ambition to strengthen comprehensive cooperation between the two nations. Deputy Prime Minister Sơn emphasized Vietnam’s commitment to advancing bilateral relations, creating opportunities for expanded collaboration in energy, industry, labor, trade, and particularly in construction and infrastructure.

Deputy Prime Minister Bui Thanh Son receives H.E. Mr. Bandar Ibrahim Alkhorayef, Minister of Industry and Mineral Resources of Saudi Arabia. (Source: baochinhphu.vn)

Since late 2024, Central Construction Joint Stock Company (CENTRAL) has steadily expanded beyond Vietnam’s borders, marking its presence in new international markets. In the Middle East, CENTRAL has notably taken part in the finishing works for the Sumou Twin Towers project in Jeddah, Saudi Arabia—comprising 71 and 63 floors—located in one of the most vibrant cities on the Red Sea coast. The project has earned praise from international stakeholders, underscoring CENTRAL’s capabilities, professionalism, and reputation as a Vietnamese contractor operating in one of the most demanding construction markets in the world.

At a key event held during the diplomatic visit, CENTRAL signed a Memorandum of Understanding (MOU) to cooperate on the development of two luxury hotel projects in Riyadh, Saudi Arabia. These projects are owned by THEED TOWER Company, a member of HOMOUD ALTHEEB HOLDING. The signing ceremony was witnessed by Minister Bandar Ibrahim Alkhorayef and Mr. Pham Tan Cong, Chairman of the Vietnam Chamber of Commerce and Industry (VCCI). This MOU signifies a major milestone not only in CENTRAL’s journey toward global expansion but also in fostering stronger ties between Vietnamese and Saudi business communities, under the guidance and support of both governments.

Representative of  CENTRAL, Mr. Le Van Bich – International Business Director signed MOU  with Mr. Ahmed Hamoud A. Altheeb – Chairman of  THEED TOWER Company

PROJECT INFORMATION:

Project name: TEMPO HOTEL BY HILTON

Location:An Narjis, Riyadh, Saudi Arabia
Scale:22 floors + 4 basements
Height:77.1 m
Project perspective of the Tempo Hotel by Hilton

Project name: THE CREST COLLECTION HOTEL_By The Ascott Limited

Location:An Nakheel, Riyadh, Saudi Arabia
Scale:33 floors + 5 basements
Height:143.8 m
Project perspective of The Crest Collection Hotel by The Ascott Limited

By securing its role as general contractor for these high-profile projects in the Middle East, CENTRAL once again affirms its capability as a leading Vietnamese construction firm on the global stage. The company has meticulously prepared for overseas deployment—ranging from selecting and training skilled domestic workers, mobilizing equipment and materials, to establishing efficient project management processes—to meet the rigorous standards set by international investors.

Shortly after the MOU signing, on October 2nd, 2025, Mr. Ahmed Altheeb (Chairman) and Mr. Meshal Alshammari (CEO) of THEED TOWER Company visited CENTRAL’s headquarters in Vietnam. The visit included site tours of several high-end projects executed by CENTRAL across the country.

Mr. Tran Quang Tuan, Chairman and CEO of CENTRAL welcomed Mr. Ahmed Altheeb (Chairman) and Mr. Meshal Alshammari (CEO) of THEED TOWER Company

CENTRAL’s approach—built on precision, discipline, and unwavering commitment to quality—remains its guiding principle in every project. With persistence and a global vision, the company continues to position each development as an architectural and technical landmark. These projects not only represent CENTRAL’s international ambitions but also embody the spirit of Vietnam reaching beyond its borders—delivering value, building trust, and leaving a lasting impression on the global construction landscape. As it continues to expand, CENTRAL is committed to solidifying its position, innovating with purpose, and asserting its role as a pioneering general contractor in Vietnam and the region.

CENTRAL HOSTS SPIRITUAL GROUNDBREAKING CEREMONY FOR MIXED-USE WORKCATION PROJECT IN DA NANG

In harmony with the vibrant national celebrations marking the 80th anniversary of the August Revolution and National Day (September 2), and amid the launch and inauguration of 250 key projects across Vietnam, CENTRAL Construction Joint Stock Company, in collaboration with investor Kyoritsu Maintenance Vietnam Co., Ltd., solemnly held a spiritual ceremony to inaugurate a new mixed-use office and tourism apartment project. The project is located at No. 6, 2/9 Street, Hai Chau Ward, directly opposite APEC Park — a landmark of Da Nang city.

The ceremony took place in a solemn atmosphere with the attendance of the investor, consultants, and the CENTRAL project management board. This spiritual ritual, deeply rooted in Vietnamese cultural traditions, signifies an auspicious start to construction, expressing wishes for smooth, safe, and successful project execution.

Representatives of the parties perform the spiritual offering ceremony

The development follows the global Workcation trend — a pioneering concept that combines high-quality accommodation with a modern working environment. Positioned in Da Nang, a city emerging as a regional hub for tourism, events, and technological innovation, the project exemplifies a forward-looking vision in urban development.

Perspective of the mixed-use office and tourism apartment project directly opposite APEC Park, Hai Chau Ward, Da Nang city

The tower, located on an 1,800 m² plot, will feature 25 floors above ground and three basement levels. Designed by renowned architectural firms TWOG and Ong & Ong (Singapore), the building will rise nearly 100 meters with a sleek, full-glass façade. Its premium location offers dual panoramic views of the Han River and My Khe Beach — a rare urban advantage. From its launch, the project has attracted strong attention due to its prime “golden lot” with three frontages and the solid reputation of its investor. Kyoritsu Maintenance Vietnam, backed by robust financial resources and a portfolio of legally sound land reserves in key tourism areas, brings added confidence to the development.

As supply of integrated office-residence products remains scarce in central Da Nang, this project’s presence at a “diamond” location — bordered by 2/9, Binh Hien, and Dao Tan streets — not only enhances its investment appeal but also promises long-term profitability for stakeholders.

The project area with a central city location

Continuing CENTRAL’s string of signature “C-branded” developments across Da Nang, this new project further affirms the company’s exceptional construction capabilities, brand prestige, and the ongoing trust of investors in CENTRAL as a reliable partner for landmark developments.

CENTRAL WINS CONSTRUCTION CONTRACT FOR FPT PLAZA 4 IN DA NANG

CENTRAL Construction Joint Stock Company has officially been awarded the main construction contract for the FPT Plaza 4 project by the investor, FPT Danang Urban JSC. This milestone marks the first collaboration between CENTRAL and FPT Corporation — one of Vietnam’s leading technology conglomerates. With a total investment of VND 2,790 billion, FPT Plaza 4 is expected to become a new icon of smart, green, and comfortable living in the heart of FPT City’s urban technology zone in Da Nang.

PROJECT INFORMATION:

Project name: FPT Plaza 4
Location: FPT City Urban Area, Da Nang
Investor: FPT City
Design Consultant: Archivina JSC
Land area:18.000m2
CFA:196.575m2

Strategically situated on Lot B5-3, Hoang Minh Thang Street, Ngu Hanh Son Ward, FPT Plaza 4 is adjacent to a 3-hectare central park and square, and just a 2-minute drive from Tan Tra Beach. The development comprises 20 floors and 3 basements, with a low construction density of only 43%, harmonizing modern architecture with extensive green spaces. Built to Smart Living standards, the project integrates advanced technologies including QR code security systems, digital service management and payment, and a wide range of amenities such as a gym, spa, meditation gardens, co-working spaces, and shophouses. It aims to offer a “Tech – Green – Modern” lifestyle in the midst of an urban setting.

Project perspective of FPT Plaza 4 apartment building

FPT Plaza 4 – A continuing mark in the FPT Technology Urban Area

FPT City Da Nang is home to a growing ecosystem of technology (FPT Software), telecommunications (FPT Telecom), and education (FPT Education), serving as a live-work hub for nearly 10,000 IT professionals and engineers. Following the successful completion of FPT Plaza 1, 2, and 3 — comprising over 2,000 apartments — FPT Plaza 4 will add nearly 1,400 modern residential units surrounded by greenery and integrated amenities. This latest development is not only a response to the growing housing demand of Da Nang’s expert community but also a significant step in enhancing the city’s urban technology landscape and quality of life.

Actual images of the FPT technology urban area

CENTRAL accompanies leading brands in Vietnam

FPT Plaza 4 marks a significant expansion of CENTRAL’s presence in Da Nang, bringing the company’s total number of active projects in the city to 10. Being entrusted with this key project highlights CENTRAL’s strong reputation and proven capabilities in the construction industry.

The project management team has already commenced groundwork, with CENTRAL committed to deploying elite resources and advanced project management technologies to ensure the timely, high-quality, and safe delivery of FPT Plaza 4. This collaboration between CENTRAL and FPT aims to create a landmark of lasting value, further elevating both brands in the Vietnamese market.