In Ho Chi Minh City, on June 15, 2021, Digiworld Corporation (DGW) was honored in the Vietnam Top 50 Public Companies (VIX50) 2021 published by Vietnam Report.
The Vietnam Top 50 Public Companies ranking is an award to honor public enterprises that are prestigious, operate effectively, stably and contribute to the development of Vietnam's economy. Thereby, this award also helps promote corporate brands to domestic and international business communities.
This ranking is based on the results of independent research and evaluation according to international standards of Vietnam Report with the advice of a panel of domestic and foreign experts such as governors, heads of leadership and innovation institutes or professors at Harvard University in the United States.
Looking back at Digiworld over the years based on these criteria and assessments, it can be seen that Digiworld has developed and grown dramatically, achieving the criteria that an effective public enterprise needs to achieve, specificially:
In 2020, Digiworld reached VND 12,535 billion, profit after tax reached VND 267 billion, up 48% and 64% respectively over the same period. As of Q1/2021, Digiworld excellently sets a revenue record with net revenue of VND 5,007 billion, up 117% and recorded pre-tax profit of VND 107 billion, up 137% compared to the same period in Q1/2020. In the 5 years from 2016 to 2020, Digiworld achieved an average compound growth rate (CAGR) on revenue of 35%. In addition, the focus on Investor Relations (IR) activities, strengthening trust and cohesion between businesses and investors is also a bright spot of Digiworld.
Digiworld pursues sustainable development and achieves strong growth, even in the context of the economy facing difficulties due to Covid19 pandemic. This further confirms Digiworld's internal strength and strong development potential, specifically:
Digiworld's internal strength has been reflected throughout its development for the past 24 years. Digiworld has adopted the goal of sustainable development as the foundation, for continuous effort and growth. And in order to have a strong foundation and internal strength, Digiworld always takes the 3C strategy: Basis - People - Opportunity as a guideline. In particular, "People" is the most important factor, the fulcrum to develop opportunities in business; "Basis" is a strong financial foundation, clear management procedure; "Opportunity" is about seizing new opportunities for Digiworld brand to emerge and dominate the market. When the first 2Cs are well executed, then the last C (opportunity) will appear.
Persistently following this strategy for more than 2 decades, Digiworld has gained many outstanding achievements. Specifically: Digiworld is the Top 2 ICT distributors in Vietnam, a partner providing market development services for more than 30 global brands with thousands of points of sale nationwide. In addition, Digiworld also has the potential and ability to develop in a variety of industries from ICT to FMCG, Healthcare and then Home Appliances in the near future. Therefore, it can be said that this 3C strategy of Digiworld is a solid foundation to realize Digiworld's orientation in the coming years.
Being honored at the 29th position in the Vietnam Top 50 Public Companies 2021 helps Digiworld assert itself, make more marks and thicken the awards that Digiworld has received such as:
Top 500 Largest and Fastest Growing Enterprises in Vietnam (VNR500).
IR Awards 2017, 2018, 2019, 2020: Top 3 Listed companies honored for best investor relations and Top 3 listed enterprises with IR activities most appreciated by Financial Institutions.
Top 100 Sustainable Enterprises in 5 consecutive years from 2016 to 2020, the award is judged based on the CSI (Corporate Sustainability Index).
Top 10 Vietnam Sustainable Enterprises 2018 organized by VCCI.
Asia Business Excellence 2018 voted by Enterprise Asia, Asia's most prestigious and largest NGO for entrepreneurship.