With accelerated debt recovery and a rebound in project work, Hoa Binh Construction announced it will settle tax, social insurance, and other debts this year.

CC1 reported a 31% increase in revenue for the first six months of the year, reaching 6,464 ty dong, with its project backlog exceeding 50,000 ty dong, driven by an expanding portfolio of upcoming infrastructure projects.

In the 2026 fiscal year, Coteccons recorded a profit of approximately 788 billion VND – its highest in seven years – and decided to award employees up to eight months' salary.

Vo Quoc Khanh, former vice chairman and general director of TTC Land, has been nominated for the board of directors of Construction Corporation No. 1 for the next five-year term.

Coteccons announced a financial agreement to recover 526 billion VND in bad debt from Ngoi Sao Viet, a member of Tan Hoang Minh Group.