Company Report

ACB successfully accomplished the 2013-2018 strategy 1 year earlier than expected, after totally solving poor assets arising beforehand. This leads to the bank’s rate of bad debts and doubted assets in total loans staying at least in banking industry. CAR staying high at more than 11% supported ACB credit growth to reach 15% as required in 2018 plan and have positive outlook in the years ahead. ACB has always concentrated on retail banking strategies since foundation, and gradually completed its personal customer ecosystem via the most developed applications such as: Customer experience digitalization; bills and documents digitalization; Distributor Management System (DMS); Big data; etc. ACB NIM and ROE are spreadingly expanded and ranked top in banking sector (3.52% and 14.08% respectively). Aggressive provisions from bad debts many years ago started to benefit ACB with great amount of reversals. The estimated reversal profit in 2018 is VND 1,200 bn. Furthermore, custome

DXG closed-loop business model supports business activities in operating flexibly and cooperating with each other. The company orientation focuses on project development, which will increase DXG business scale and profit. With a nationwide brokerage network supported by numerous contribution channels, brokerage activities have brought DXG healthy cash flow, and secured the sales progress of DXG projects. DXG have currently owned more than 1000ha of land capacity which mainly concentrated in HCM City. This is considered a great competitive advantage of DXG. Current available land capacity can secure the development of DXG projects and revenue in the next five years. According to the medium-term plan, DXG will focus on developing mid-high end condo projects to ensure the product continuity. These are all high-demand products with high liquidity and demand for living because of (1) Large working aged population, increasing urbanization speed, and uptrend of the middle class in societ