We Dug Deep to Find the 5 Best General Contractors in Vietnam
Budgeting for a construction project is stressful enough without the added worry of a contractor cutting corners on the concrete.
In a market where raw construction costs start around 3.4 million VND per square meter, accepting the lowest bid often risks your building’s long-term safety.
You need a partner who understands local soil conditions and regulatory nuances, rather than one who simply provides a sleek brochure.
To find the truth, we looked past the marketing. We examined safety certifications, interviewed past clients about timeline adherence, and verified environmental practices on actual job sites.
Our goal was to identify builders who deliver durability rather than empty promises.
Here are the general contractors in Vietnam that offer confidence and proven results for your next major project.
How much does a general contractor cost in Vietnam?
Budgeting for a construction project requires a clear understanding of the current local pricing landscape.
Generally speaking, for full-package house construction (xây nhà trọn gói), you can expect costs to land somewhere between 4,800,000 VND and 6,500,000 VND per square meter.
This depends on the quality of materials and the complexity of the design.
Investors seeking only raw construction (xây dựng phần thô), which covers the structural skeleton, concrete framework, and labor, will typically see prices ranging from 3,400,000 VND to 3,900,000 VND per square meter.
Keep in mind that opting for the lowest bid in this category can be risky.
Paying within standard market rates ensures you are getting reliable concrete quality and skilled labor that won’t compromise your home’s safety.
1. Obayashi Vietnam Corporation
Website: https://www.obayashivn.com/
Address: 24th Floor, Unit 2401, 37 Ton Duc Thang Street, Sai Gon Ward, Ho Chi Minh City
Contact: 028 3910 5523 | [email protected]
Hours:
- Mon-Fri 8:00 AM – 5:00 PM
- Sat 8:00 AM – 12:00 PM
Developers valuing Japanese precision and rigorous quality control will find Obayashi a reliable partner.
They manage projects through a comprehensive design-build approach, by taking your build from initial consultancy through to long-term maintenance. This unified method significantly reduces the usual friction between designers and builders.
Walking through the Tan Son Nhat International Airport terminal, one of the projects they worked on, you can see how their advanced on-site technology and attention to detail elevate the final finish far beyond standard local builds.
A high-traffic aviation hub demands extreme long-term durability, so this project serves as a strong testament to its execution.
But that premium quality carries a premium price tag. Because Obayashi relies heavily on imported, high-grade materials and experienced expatriate management, its bids are noticeably higher than those of local Vietnamese competitors.
While tight budgets may struggle to accommodate them, their reliability and execution make them a highly justified investment for complex and high-stakes corporate developments.
2. Coteccons Construction
Website: https://coteccons.vn
Address: 236/6 Dien Bien Phu Street, Gia Dinh Ward, Ho Chi Minh City
Contact: 028 3514 2255 | nv.snoccetoc@tcatnoc
Schedule:
- Mon-Fri 8:00 AM – 5:00 PM
- Sat 8:00 AM – 12:00 PM
Coteccons holds a commanding position in the industry, backed by a highly impressive resume. Their execution of Landmark 81, Vietnam’s tallest building at 461 meters, demonstrates their capacity for massive, complex structures.
Walking past one of their active sites recently, I was genuinely struck by how organized and clean the operation was compared to the chaos next door.
They are huge on Environmental, Social, and Governance (ESG) and green building now, which makes them an excellent fit for developers with strict sustainability mandates.
Given their market position, they enforce rigid contracts and payment terms.
Clients with tight cash flow may struggle to secure a partnership, as Coteccons requires financial stability that matches the scale of their work.
3. Hoa Binh Construction Group
Website: https://hbcg.vn
Address: Pax Sky Building, 123 Nguyen Dinh Chieu Street, Xuan Hoa Ward, Ho Chi Minh City
Contact: 028 3932 5030 | [email protected]
Schedule: Mon-Fri 7:30 AM – 11:30 AM and 1:00 PM – 4:30 PM
Hoa Binh Construction Group brings over 35 years of experience to the table, regularly building super-tall skyscrapers on par with international firms.
They earned this reputation by tackling highly complex structures, such as the 68-story VietinBank Tower in Hanoi.
Developers appreciate their comprehensive service model. Because Hoa Binh manages the entire value chain, from initial architectural design through final construction, it can significantly streamline project coordination and reduce handover delays.
However, their heavy reliance on the residential high-rise market remains a liability.
Since their portfolio is deeply tied to this specific sector, real estate slowdowns stall their momentum far more severely than contractors with broader industrial or infrastructure portfolios.
4. Ricons Construction Investment
Website: https://ricons.vn
Address: 96 Phan Dang Luu Street, Duc Nhuan Ward, Ho Chi Minh City
Contact: 028 3514 0349 | [email protected]
Schedule:
- Mon-Friday 7:30 AM – 5:00 PM
- Sat 7:30 AM – 11:30 AM
Ricons operates as a comprehensive builder, managing large-scale projects seamlessly from initial planning stages to the final handover.
Over the past few years, they maintained solid financial health while many competitors struggled with mounting debt. This financial stability provides significant comfort to investors concerned about mid-project delays or contractor insolvency.
To keep complex builds on track, their highly trained workforce effectively uses BIM software. This digital approach streamlines on-site efficiency, prevents structural clashes, and significantly reduces material waste.
However, like many major firms in Vietnam, this heavy reliance on commercial real estate also exposes them to broader economic slowdowns.
Market fluctuations in this specific sector inevitably impact their operational momentum.
Customer Reviews
Very suitable for large and large-scale construction projects
This construction company has a young, professional team with a lot of experience in the construction field. Their bidding prices are also competitive and reasonable. They are very suitable for large and large-scale construction projects. Overall, this company is a good choice for those who are looking for a professional and reputable construction unit.
- Ngo Thach | Google Review (Translated)
5. Newtecons
Website: https://newtecons.vn
Address: Newtecons Tower, 96 Phan Dang Luu Street, Duc Nhuan Ward, Ho Chi Minh City
Contact: 028 3514 6699 | [email protected]
Schedule:
- Mon-Fri 8:00 AM – 5:30 PM
- Sat 8:00 AM – 11:30 AM
Newtecons consistently executes complex builds on highly accelerated schedules, making them a strong choice for developers facing strict deadlines.
They use a specialized fast-track construction method by executing the design and building phases simultaneously to save developers valuable months on the overall project timeline.
Developers who seek the effective management of massive industrial factories and luxury condominiums without sacrificing structural integrity find them as one of the best options.
To achieve this speed, they maintain a distinct interconnected ecosystem of partners for specialized elements such as facades, mechanical systems, and interiors.
This ensures smooth on-site coordination between different trades. But this closed ecosystem inevitably restricts pricing transparency.
However, this also means developers often face rigid pricing structures by relying heavily on these specific internal partners for sub-packages rather than sourcing independent, more cost-effective alternatives.