DIC GROUP DOMINATES IN RANKING OF FASTEST GROWING ENTERPRISES IN VIETNAM 2020

On 15th Sept 2020, the Fast 500 Ranking Announcement Ceremony (Fast500) was broadcast on the online platforms of Vietnam Report Joint Stock Company (Vietnam Report) and VietNamNet online newspaper in the context of COVID-19 epidemic. DIC Group (HoSe: DIG) has excellently surpassed many enterprises to rank 50/500 (Aggregated chart of 500 fastest growing enterprises in Vietnam).

2020 is the 10th year in a row that Vietnam Report cooperates with VietNamNet to announce the FAST500 - Top 500 fastest growing enterprises in Vietnam, and continues to announce the Top 50 Excellent Growth Enterprises in the same framework. This result is based on independent research and evaluation by Vietnam Report. All enterprises listed in the Fast500 are representatives with good business performance, high growth potential, having social responsibility and community responsibility; thereby contributing significantly to the development and prosperity of the country's economy.

DIC Group was honored in the FAST500 Ranking 2020

This year, DIC Group continues to be included in the FAST500 Ranking. Specifically, DIC Group is ranked 50/500, up 166 places compared to 2019. In particular, considering only real estate businesses, DIC Group exports 16/44 (Fastest growing real estate enterprises in Vietnam), up 20 places compared to 2019.

DIC Group is ranked 50/500 in the fastest growing enterprises in Vietnam

            Sharing about the strategic direction when entering the 30th anniversary of establishment (1990 - 2020), in the context of Covid -19 epidemic, Chairman of DIC Group - Mr. Nguyen Thien Tuan said that this is a challenging year, needing drastic measures to cope and adapt.

Chairman of DIC Group, Mr. Nguyen Thien Tuan spoke at the commemorative event of 30th anniversary of establishment.

        Possessing large land fund in prime locations, stretching from the North to the South such as Vinh Phuc, Ha Nam, Ba Ria - Vung Tau, Dong Nai, Hau Giang etc, DIC Group has many projects to invest, bringing a sustainable source of revenue and profits. Some projects are expected to bring good revenue in 2020 such as: Vung Tau Gateway Apartment Complex, Cap Saint Jacques (CSJ) Tower Vung Tau, Southern Vinh Yen New Urban etc.

        CSJ Tower Vung Tau project will be handed over to customers in 2020

        In addition to home & land real estate, DIC Group also focuses on resort real estate. On 12th Sept 2020, DIC Star Vinh Phuc Hotel, located in Nam Vinh Yen New Urban, Vinh Phuc Province, received 5-star certification from the Vietnam National Administration of Tourism. This is the first time that a hotel invested, built, operated and managed by DIC Group, has been certified.

DIC Star Vinh Phuc Hotel received 5-star certification from the Vietnam National Administration of Tourism

        According to the reported business results in the first 6 months of the year, net revenue of the parent company (DIC Corp) reached VND 617.3 billion, profit after tax reached VND 88.4 billion. Regarding the results of land consolidation activities, net revenue reached VND 889.8 billion, profit after tax reached VND 72.5 billion.

The announcement ceremony was broadcast on the online platforms of Vietnam Report Joint Stock Company (Vietnam Report) and VietNamNet in the context of COVID-19 epidemic.