2017 Top 10 prestigious investors is an award to complimenting the real estate developers who have achieved outstanding results in investing and developing projects with large scale, high quality and on time delivery. As evaluated by Vietnam Report, firms nominated for this award have to go through a strict selection process based on the Selection Council’s independent, scientific and objective research with criteria such as: financial capability as specified in the most recent audit report; business prestige with the media, quantity and schedule of project implementation, rate of successful transactions, selling price, etc. and especially project’s positive impact on the community and society.

Being one of the nominees of “2017 Top 10 prestigious investors”, Dat Xanh completely convinced the Selection Council on various aspects from investment scope, project design, construction quality and project delivery schedule, inhabitant utilities, customer service ass well as growth speed, management capability and strong financial resource.

Previously, Dat Xanh had been continuously evaluated by the specialists and customers as the leading real estate developer of Viet Nam through prestigious awards such as Top 10 leading real estate developer of Viet Nam (BCI Asia Awards); Top 500 biggest private businesses of Viet Nam (VNR500); Top 50 best listed companies in Viet Nam (Forbes); Sao Vang Dat Viet, Certificate of Merit from the Prime Minister… and many other valuable awards.

Mr. Vu Quoc Viet Nam, representing Dat Xanh Group, said: “It’s our honor to be given this precious award. Being honored as one of the most prestigious investors in Viet Nam in 2017 has continuously confirmed the prestige and position of the Group on the market. This is also the clearest evidence of Dat Xanh employees’ effort so far, winning customers and investors’ trust.”

November 2003 Dat Xanh officially showed up on Viet Nam real estate market. With the closed strategic model “Investment – Construction – Service”, Dat Xanh has taken the active position from the input to the output to create high quality products, reasonable price and best services in the sector. Making the best use of those advantages, in the period 2007 – 2017, Dat Xanh has strongly shifted to become a prestigious “Project developer” with projects ranging from 0.5 hectare – 5 hectare, with typical projects: Sunview Town, Luxcity, Opal Riverside, Opal Garden, Luxgarden, Gold Hill…

Till now, after 10 years of transforming to a project developer, Dat Xanh has confirmed the capability of construction as well as outstanding project implementation capability compared to other real estate firms in the sector. In which, the biggest success maybe 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.

In addition to continuous implementation of new projects, Dat Xanh has continued to enhanced the land fund under M&A with numerous projects such as: 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 make Dat Xanh’s total current land fund larger than 466 hectares, equivalent to 4 million square meters of construction land and 25,000 products in apartment and land lot segments.

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

Particularly in 2017, Dat Xanh continues to set business strategies heading to impressive numbers with net revenue of about 3,300 billion dongs and net profit of 700 billion dongs, estimated growth is 30% compared to 2016, number of sold products is 12,000; land fund has 824 hectares, total asset is 8,474 billion dongs and anticipated dividend ratio is 20% for 2017. According to the assessment, this plan is completely feasible for DXG to continue setting target of reaching profit of more than 1,000 billion dongs from 2018 onwards.

With oustanding growing speed and business results, Dat Xanh is continuously trying to push the growth with the target of becoming one of 10 best real estate development companies in Southeast Asia and rapidly break the success line to reach higher and further in the coming time.