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CONSTRUCTION CORPORATION NO. 1 – JSC (CC1) SIGNED A MEMORY OF UNDERSTANDING (MOU) WITH JOTUN PAINT VIETNAM CO., LTD (JOTUN)


On the afternoon of November 15, 2024, in the context of the construction industry in Vietnam increasingly focusing on sustainability and safety factors, Construction Corporation No. 1 - JSC (CC1) solemnly signed a Memorandum of Understanding (MoU) with Jotun Paint Vietnam Co., Ltd. (Jotun) to provide quality paint solutions for high-end projects.

The signing ceremony took place in a solemn atmosphere, with the full presence of representatives of the two sides' leaders. On the CC1 side, there was the presence of Mr. Le Bao Anh - General Director of the company, along with managers at all levels; Jotun representative, Mr. Per Morten Aarvold - General Director, was also present with key officials in Vietnam. 

Representatives of the two businesses at the signing ceremony

According to the cooperation agreement, Jotun commits to accompany CC1 in providing interior and exterior paints, waterproofing and anti-corrosion products for large-scale projects that CC1 implements. At the same time, Jotun will advise on advanced technical specifications and technologies, ensuring that it meets strict requirements on aesthetics, durability and adaptability to climate conditions in Vietnam, ensuring that it meets strict requirements on aesthetics and longevity of each project. On CC1's side, the enterprise will proactively share information on key projects, closely coordinate with Jotun to implement optimal solutions, contributing to the creation of high-quality projects, affirming its commitment to sustainable development in the construction sector.

It is known that over the past 45 years, CC1 has successfully built its reputation as a prestigious corporation, with extensive experience in three core business areas: construction, investment, and production and trading of construction materials. With continuous efforts, CC1 is currently participating in many other key projects, contributing to promoting national infrastructure and economy, including: Passenger Terminal T3 - Tan Son Nhat International Airport; Long Thanh International Airport, Ho Chi Minh City Circus Project, Quang Trach 1 Thermal Power Plant, Na Duong II Thermal Power Plant, Dai Ngai 2 Bridge on National Highway 60 connecting Tra Vinh - Soc Trang, construction packages of Ring Road 3 through Binh Duong province and Thu Duc City (Ho Chi Minh City), ... 

Meanwhile, after nearly a century of development and presence in more than 90 countries, Jotun has built a reputation in the international paint industry with solutions that not only improve the quality of construction but also help minimize negative impacts on the environment. Entering the Vietnamese market since 1994, Jotun is currently the market leader in the fields of industrial paints, marine paints and powder coatings and is developing strongly in the field of decorative paints, meeting all customer requirements for paints and coatings.

Overview of the signing ceremony

Speaking at the signing ceremony, Mr. Le Bao Anh - General Director of CC1 shared: "We believe that the cooperation with Jotun not only brings outstanding value to CC1's projects, but also contributes to affirming the company's commitment to sustainable development and safety for the community. We always aim to cooperate with reliable partners to bring the highest value to customers."

Also within the framework of the program, Mr. Per Morten Aarvold - General Director of Jotun, also expressed his opinion: "For us, the cooperation with CC1 is not simply about supplying materials, but also an important milestone in building sustainable projects together over time. We also hope to receive feedback from CC1 so that we can continue to improve and perfect, enhancing the quality of our products and services."

The signing ceremony took place successfully

Both CC1 and Jotun emphasized that this cooperation is not only a combination of two major brands but also a positive contribution to the development of the Vietnamese construction industry, bringing international standards to domestic projects, thereby bringing high value to customers and the community. The event marks an important step in the cooperation between the two units. This is not simply a commercial agreement, but also demonstrates CC1's strong commitment to raising construction standards and promoting sustainable development, contributing to environmental protection as well as affirming its leading position in the industry.  

The signing ceremony of the Memorandum of Understanding (MoU) between CC1 and Jotun is considered an important activity to promote the consolidation and expansion of the cooperative relationship between CC1 and international partners. Previously, the enterprise has successfully established many cooperation opportunities with large corporations, affirming the prestige and capacity of the enterprise in cooperating with multinational corporations. In addition to opening up creative solutions to build aesthetic and sustainable works in the future, this event also creates favorable conditions for CC1 to continue to develop and expand partnerships with international corporations from many different countries./.