BCI Asia Awards 2017 is a prestigious award for remarkable real estate investors, architects, and developers with outstanding achievements in creating unique, high-value projects in 7 Southeast Asian countries namely Hongkong, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam. According to the Appraisal Council, the companies nominated for this award have to go through a strict evaluation process for projects under construction with criteria such as scale, architecture, environment and amenities, consultancy units, etc. and especially project’s positive impact on the community and society.

Being one of the nominees for the "Top 10 Leading Real Estate Developers in Vietnam" in 2017 with key projects such as Luxgarden, Luxcity (District 7), Opal Riverside luxury resort-apartment complex, Opal Garden Apartment (Thu Duc District), etc. Dat Xanh completely convinced the Appraisal Council on various aspects from investment, project design, total value of large-scale projects put into construction within a year, high investment, beautiful design, greenery area, to the best marketing and distribution program, among others. According to experts, out of the nominated projects, Luxgarden project by Dat Xanh Group successfully persuaded the Council not only by being one of the few projects with relatively wide riverbank land fund and very low construction density but also by unique receding garden floor plan with ideal green spaces. The project has a total investment of nearly 1,000 billion dongs, featuring 500 high-end apartments, with many modern facilities; the Luxgarden Apartment project promises to become a wonderful place for Vietnamese families to settle down in the future.

In addition to the above-mentioned criteria, construction quality and project delivery schedule, inhabitant utilities, customer service as well as growth speed, management capability and strong financial resource, etc. also are factors that enable Dat Xanh Group to overcome many domestic and international enterprises to secure a position in Top 10 real estate developers in Vietnam.

Mr. Vu Quoc Viet Nam, representing Dat Xanh Group, said: “It’s our honor to be given this precious award. Being honored as 1 of 10 leading real estate developers in 2017 has continuously affirmed the prestige and position of the Dat Xanh brand in the market. This proves that Dat Xanh employees have made tremendous effort so far, winning customers and investors’ trust.”

Officially operational in the real estate market since November 2003, with the closed strategic model “Investment – Construction – Service”, Dat Xanh has become one of the leading suppliers of comprehensive real estate solutions of Viet Nam, taken the active position from input to output, creating high quality products, reasonable price and best services in the sector. Making the best use of those advantages, Dat Xanh has strongly enlarged and gradually asserted the capacity to undertake many large projects, meeting demands and bring efficiency.

Particularly in the last five years (2012-2016), Dat Xanh has impressed the market with its great strides with the outstanding success of projects invested by Dat Xanh such as Sunview Town (Thu Duc), LuxCity (District 7), Opal Riverside, Opal Garden (Thu Duc District). The most resounding success of which was Sunview Town project (Thu Duc District) with 1,603 apartments, completed and delivered 6 months earlier than planned; Luxcity project (District 7) with 426 apartments completed and delivered 4 months earlier than planned.

In addition to implementing new projects, Dat Xanh has continued to enhanced the land fund under M&A with numerous projects namely Gem Riverside (District 2; 6.7 hectares), The Palm City (District 9; 7.4 hectares), Opal City (District 9; 6.2 hectares), Opal Premium (Thu Duc District, 6.7 hectares).... to bring Dat Xanh’s total land fund to more than 466 hectares, equivalent to 4 million square meters of gross floor area and 25,000 products in apartments and land lots.

So, after 15 years of establlishment and development, Dat Xanh has had desirable breakthrough with impressive numbers. Particularly, in the last 5 years from 2012 to 2016, its charter capital increased 602%, reaching 2,530 billion dongs at the end of 2016; Owner’s equity increased 610%, reaching 3,537 billion dongs; total asset increased 682% reaching 5,563 billion dongs; Revenue increased 616%, reaching 2,513 billion dongs; Profit increased 926%, reaching 537 billion dongs by 2016; total distributed products was recoreded at more than 8,000, accounting for 17.4% of Viet Nam real estate market share; ROA, ROE are equally impressive, especially in 2016, when ROA reached 9.66 % and ROE reached 15.2 %.

Particularly in 2017, Dat Xanh continues to set business strategies heading for impressive numbers: 3,300 billion dongs net revenue, and 700 billion dongs net profit, 30% estimated growth compared to that in 2016, 12,000 products to be sold; 824 hectares land fund, 8,474 billion dongs total asset, 20% dividend. According to assessment, this plan is completely feasible for DXG, so that it base on this background to set the target of reaching 1,000 billion dongs profit from 2018 onwards.

With a strategy of country-wide operation; Dat Xanh Group aims to achieve total assets of 40 trillion dongs, revenue of more than 14 trillion dongs and after-tax profit of more than 3 trillion dongs by 2022.

With the growth in revenue and business results in the past few years, Dat Xanh Group is affirming its strong position in the real estate market of Vietnam, aiming to become one of the 10 best real estate developers in Southeast Asia.