This is the fifth year in a row the Top 50 Most Effective Businesses honors the businesses with impressive growth as well as continuous efforts. The Top 50 list is based on principles of being objective and independent, with the businesses having to meet three criteria: market capitalization value of 1,500 billion dongs or more, annual revenue in 2014-2016 of 250 billion dongs or more, annual profit after tax from 2014 till date of 25 billion dongs or more…

The ranking of businesses in this chart is evaluated based on the following criteria: Compound Annual Growth Rate (CAGR) of sales revenue, average return on equity (ROE), and stock return for the investors in the 3-year period 2014 - 2016.

Having met the criteria based on business results, market position and profitability for investors, especially transparency in business, Dat Xanh Group has excellently made it to the Top 2 Most Effective Real Estate Businesses in Vietnam with Compound Annual Growth Rate (CAGR) of sales revenue of 51.2%, average return on equity (ROE) of 22.6% and stock return for the investors for the 3-year period of 2014 - 2016 of 52.6%. That proves the company’s strong and rapid development when its strengths such as market knowledge, project implementation capability, financial capacity and business efficiency have been effectively made use of to create such a strong and breakthrough growth so far.

Mr. Vu Quoc Viet Nam - Representative of Dat Xanh Group shared: “We are proud to be one of the two most effective real estate businesses in Vietnam. We see this as a growth motivation and with the dedicating and experienced personnel, I believe that in the future, Dat Xanh will go even further, strive to create better products, bring more benefits to customers and the society”.

Established in November 2003, with the closed strategic model “Investment – Construction – Service”, Dat Xanh has become one of the leading comprehensive real estate solution providers in Vietnam, taking the pole position from input to output to create high quality products, reasonable price and best services in the sector. Making best use of those advantages, Dat Xanh has strengthened and gradually asserted the capability of implementing many large projects, meeting the social demands and bringing about high efficiency. Particularly, Dat Xanh impresses the market with its remarkable growth with the unexpected success of many projects invested by Dat Xanh as Sunview Town (Thu Duc District), LuxCity (District 7), Opal Riverside, Opal Garden (Thu Duc District) ... The biggest success of which possibly is Sunview Town project (Thu Duc District) with 1,603 apartments completed and delivered 6 months earlier; Luxcity project (District 7) with 426 apartments completed and delivered 4 months earlier than planned.

Besides handing over the projects with superior quality and convenience, Dat Xanh has been promoting its strength in the field of investment and development with a series of large-scale projects, typically is the LuxGarden premium apartment project (District 7) with a total investment of almost 1,000 billion dongs, consisting of more than 500 luxurious apartments with modern utilities. The Luxgarden Apartment Project promises to become a wonderful homes for Vietnamese families.

Thus, after 14 years of establishment and development, Dat Xanh Group has made a strong and breakthrough development. Particularly in 2017, Dat Xanh continues to set its business strategies at impressive numbers such as net revenue at 3,300 billion dongs and net profit at 700 billion dongs, an increase of 30% from 2016; the number of product sold at 12,000; land fund at 824 ha; total assets at 8,474 billion dongs; expected 20% dividend for 2017.

According to assessment, this plan is totally feasible since by the end of Q1.2017, Dat Xanh reached more than 586 billion dong in revenue, up 186% y-o-y. Consolidated profit after tax of the whole group increased to 515% when reaching more than 151 billion dongs. Real estate investment was 314 billion dongs, up 158%; real estate brokerage services reached 240 billion dongs, up 275%. Total number of products distributed throughout Dat Xanh system increased to 212% YOY; with ROA, ROE being at a good level.

With the outstanding pace of revenue growth and business results, Dat Xanh Group is continuously striving to accelerate its growth with the goal of becoming one of the 10 best real estate developers in Southeast Asia and quickly breakthrough to a further and higher success in the coming time.