On April 27th 2021 in Hanoi, DIC Group (HoSE Security Code: DIG) was honored to receive the award "Top 50 Best Growth Enterprises in Vietnam 2021".
SUSTAINABLE DEVELOPMENT IN THE 2014 - 2020 PERIOD
Mr. Vu Dang Vinh - General Director of Vietnam Report said: “In 2020, the world economy in general and Vietnam in particular has faced challenges caused by the negative impacts of the Covid-19 pandemic. In that context, enterprises in the FAST500 ranking (Top 500 Fastest Growth Enterprises in Vietnam) have affirmed their capacity when they applied flexible business strategies to cope with difficult situation and maintain their position”.
Representative of DIC Group received the award "Top 50 Best Growth Enterprises in Vietnam 2021"
Ranking of enterprises in the FAST500 Chart is arranged based on double growth criteria (CAGR) in terms of revenue and business efficiency. In addition, criteria such as total assets, total labor, profit after tax and corporate reputation in the media ... are also used as supporting factors to determine the size and position of the enterprise in the industry. This year, DIC Group is ranked 288/500 (Summarized chart of 500 Fastest Growth Enterprises in Vietnam) and 26/38 (Fastest Growth Real Estate Enterprises in Vietnam).
From the FAST500 Chart, Vietnam Report continues to offer rigorous sets of criteria to honor the 50 "faces" of the best enterprises - Top 50 Vietnam Best Growth Enterprises (Top 50 Vietnam Best Growth). The representative of Vietnam Report said that this chart was announced by Vietnam Report since 2015, to recognize and honor the Top 50 enterprises with the best and most sustainable revenue growth, while maintaining stable business performance during the period 2014 - 2020. This is one of the leading prestigious rankings in Vietnam, based on the results of independent research and evaluation according to international standards of Vietnam Report.
According to the above criteria, being honored in FAST500 for 3 consecutive years and achieving “Top 50 Best Growth Enterprises in Vietnam 2021” affirms DIC Group’s pioneering position and sustainable growth strategy as well as acknowledging the positive contribution of DIC Group to the socio-economic development, contributing to the common prosperity of the country.
DIC Wisteria City Dong Nai, invested by DIC Group, is expected to become “The most modern model ecological complex in Viet Nam"
Particularly in 2020, despite the great impact of the Covid-19 epidemic, DIC Group still has high and sustainable growth, exceeding the business plan. Specifically, consolidated revenue reached VND 3,140.9 billion, reaching 125.6% of the plan; Consolidated pre-tax profit reached VND 899.8 billion, reaching 138.4% of the plan.
TARGET OF RECORD GROWTH IN 2021
Mr. Hoang Van Tang - General Director of DIC Group shared: “Overcoming difficulties and challenges in the Covid-19 epidemic, based on current internal strength, DIC Group has formulated strategies to increase development, striving to become the Top 5 Largest real estate enterprises in Vietnam in the period 2021 - 2025”. Accordingly, DIC Group sets the business plan in 2021 at a record high. Specifically: Consolidated revenue reached VND 2,800 billion; Consolidated pre-tax profit reached VND 1,444 billion, an increase of 60.5% compared to 2020; Expected dividend is from 18-22%. Total development investment capital plan in 2021 is VND 9,436.3 billion; growth of 2.9% compared to 2020, of which, project development investment is VND 9,264.4 billion (An increase of 325% compared to 2020) and financial investment is VND 171.85 billion.
The hotel and conference area of DIC Victory City Hau Giang project will be the ideal destination for conferences with its maximum capacity of 1,000 people.
According to the investment capital plan for the period of 2021 - 2025, the disbursed investment capital of DIC Group is about VND 10,000 billion/ year. In which, mainly focus on implementing a series of key real estate projects. On April 16th, DIC Group held the signing ceremony of a comprehensive strategic cooperation with 20 partners in 5 fields including: Banking, Design consultancy, Construction materials and equipment, Construction and installation, brand management. With the signed agreement, DIC Group and 20 strategic partners will promote cooperation based on the strengths of each party, improve capacity and operational efficiency, become reliable partners to build sustainable development strategy. This event also demonstrates the determination of DIC Group in realizing and pursuing the goal of becoming the Top 5 largest real estate enterprises in Vietnam in the period 2021 - 2025.