VINACONEX KICKS OFF CAMPAIGN TO ACCELERATE PROGRESS AT AEGIS INTERNATIONAL HOSPITAL PROJECT

As part of activities celebrating the 14th National Party Congress, major national holidays, and the Construction Industry and Hanoi Capital's 2026 events, VINACONEX organized an Emulation Launch Ceremony at the AEGIS International Hospital Project. The initiative also marks the countdown to the Corporation's 38th founding anniversary (September 27, 1988 - September 27, 2026), demonstrating VINACONEX's commitment to ensuring progress, quality, safety, technical excellence, and worker welfare at the construction site.

On January 16, 2026, VINACONEX held the ceremony at the AEGIS International Hospital Project, a modern, large-scale private medical complex and one of Vietnam's leading healthcare facilities. The project is jointly invested by T'Hospital Co., Ltd and VINACONEX Corporation, aligned with the Party and State's policy promoting healthcare socialization, public-private partnerships, and high-quality private healthcare development under Politburo Resolution No. 72.

Attendees included Mr. Pham Hoai Phuong, Member of the Vietnam General Confederation of Labor Executive Committee, Member of the Ministry of Construction Party Committee, and Chairman of the Vietnam Union for Building Workers; Mr. Tran Quang Hung, Deputy Secretary of the Hanoi Youth Union; and Mr. Vu Tuan Dat, Deputy Secretary of the Party Committee and Chairman of the Yen So Ward People's Committee.
Representing VINACONEX were Mr. Dao Ngoc Thanh, Chairman of the Corporation's Strategic Council, along with leaders from the Party Committee, Board of Directors, Board of Management, Trade Union, Youth Union, functional departments, and subsidiaries.
Representing the Investor was Mr. Dao Duc Phong, General Director of T'Hospital Co., Ltd, together with representatives from contracting units of FECON and Quoc Gia Construction Joint Stock Company.

Speaking at the ceremony, Mr. Pham Hoai Phuong praised VINACONEX and participating units for organizing the emulation campaign, aiming to complete key milestones by December 31, 2026. He called upon all project personnel to embrace the spirit of “Productivity - Quality - Safety – Efficiency”, emphasizing that every worker serves as an ambassador for the VINACONEX brand and the Vietnamese construction industry.

Representing local authorities, Mr. Vu Tuan Dat highlighted the AEGIS International Hospital Project as a key development contributing to the area's economic growth and social welfare. He commended the investor and contractors for their close coordination, regulatory compliance, and environmental stewardship during construction. He further announced that the Ward would implement connecting transport infrastructure projects to maximize the investment efficiency of local developments, including the international hospital.

In his remarks, Mr. Dao Ngoc Thanh emphasized that VINACONEX, as a multi-sector economic group, is committed to sustainable development and community benefit through strategic investment in healthcare, beginning with the AEGIS International Hospital Project. He extended sincere thanks to all partners and on-site personnel for their dedication and expressed confidence that AEGIS hospital would soon be completed as a modern, large-scale medical facility, making significant contributions to Vietnam's healthcare sector and the community.

Mr. Nguyen Khac Hai, Deputy General Director of VINACONEX, stated that under the Corporation's strategy to accelerate investment in social welfare projects for the 2026-2030 period, the 1,000-bed AEGIS International Hospital Project has been identified as a flagship project. The project involves exceptionally complex technical requirements, particularly during the construction of four basement levels reaching 20 meters deep, a phase critical to the structure's quality, safety, and longevity. The Deputy General Director affirmed VINACONEX's commitment to mobilizing full resources, enforcing disciplined construction practices, and ensuring the highest standards of progress, quality, and safety to complete the project on schedule. He further emphasized that VINACONEX will continue collaborating closely with the National Union for Building Workers to foster a safe, stable, disciplined, and humane working environment, thereby maximizing the capacity and dedication of its workforce.

At the ceremony, Mr. Nguyen Quang Hop, Deputy Director of the Corporation's Construction Division and Project Management Director, presented a summary of the emulation campaign targets.

The emulation period runs from January 16, 2026, to December 31, 2026, with the following milestones:
- First Interim Review (May 30, 2026): Target completion of all diaphragm walls, mass bored piles, and cement-soil piles.
- Second Interim Review (September 27, 2026) - Commemorating the Corporation's Founding Anniversary: Target completion of reinforced concrete works for the B2 semi-basement slab.
- Final Review (December 31, 2026): Target completion of 50% of reinforced concrete foundation works for B4 basement.

These demanding targets require absolute focus, discipline, coordination, and responsibility from all participating units.

Witnessed by leaders and attendees, representatives of the BOD, Trade Union, Youth Union, Project Management Board, and contracting units signed the emulation commitment, demonstrating determination to successfully achieve the set objectives.

To provide encouragement and motivation, the National Union for Building Workers, Hanoi Youth Union, Yen So Ward, VINACONEX Corporation, and the Corporation's Trade Union presented meaningful gifts to the Project Management Board and staff, demonstrating timely care and support for the workforce on site. At the ceremony, the Corporation's Trade Union also awarded VND 10,000,000 to union members and workers at the project.

The Campaign ceremony launched at the AEGIS International Hospital Project, held in the early days of 2026, has energized the construction site, fostering a spirited and productive atmosphere. It has ignited a sense of responsibility, unity, and creativity among the workforce, driving toward the goal of completing the project on schedule with quality and efficiency, making a positive contribution to the sustainable development of VINACONEX and the Vietnamese construction industry.

With a total investment of VND 4.5 trillion, the hospital complex is designed by Raymond (Japan) and will have a total construction floor area of 290,000 sqm. The development includes two 26-storey towers, four interconnected basement levels, and an eight-storey multifunctional building. Once completed, it will provide 1,000 hospital beds and is expected to become one of the largest and most modern private healthcare complexes in Vietnam.
Construction began on September 25, 2025. With strong support from the project owner T’Hospital, the project management board, the supervision consultant VinaCity, and the close coordination of subcontractors, VINACONEX as the main contractor has achieved significant progress.
To date, the project has completed the diaphragm wall system and trial soil-cement piles. Construction of bored piles and kingpost installation has reached 64% and 50% of the total volume, respectively. Occupational safety, environmental hygiene, and fire prevention standards are being fully maintained. Preparations are currently underway for the mass installation of soil-cement piles, as well as the semi top-down slab and basement construction works.
The project will enter a peak construction campaign from January 16 to December 31, 2026, with interim reviews scheduled for May and September 2026, and a final review on December 31, 2026.