VINACONEX IS HONORED AS IN TOP 10 STRONG BRANDS - IMPRESSIVE GROWTH IN 2022-2023

At the prestigious Vietnam Strong Brands 2023 Program held on October 6, Vinaconex Joint Stock Corporation (HOSE: VCG) was proudly recognized as one of the Top 10 Strong Brands with Impressive Growth from 2022 to 2023.
Themed “New economic models to promote breakthrough growth and sustainable development”, this year's evaluation criteria focus on corporate brands that have achieved outstanding production and business results; pioneering brands that lead the way in innovation and apply cutting-edge science and technology to bring about new breakthroughs in the value chain of production, business, and trade of products/services; pioneering brands commit and carry out strategies for sustainable development, environmental improvement, actively addressing climate change with the goal of support Vietnam's commitment to achieving net-zero emissions while also prioritizing the benefits of workers and communities; Enterprises with a high brand value that is evaluated and appreciated by trustworthy domestic and international organizations.

Based on the performance results of enterprises in the past two years, the Vietnam Strong Brands 2023 Program announced and honored enterprises in the following categories: TOP 10 Strong Brands of 2022-2023, TOP 10 Strong Brands - Excellent Business in 2022-2023, TOP 10 Strong Brands - Impressive Growth in 2022-2023, TOP 10 Strong Brands - Pioneering Innovation in 2022-2023, and TOP 10 Strong Brands - Sustainable Development in 2022-2023. This is the largest annual event organized by VnEconomy and Vietnam Economic Times since 2003 for the Vietnamese enterprise community.

Ranked highly ( at number 3) in the TOP 10 Strong Brands - Impressive Growth in 2022-2023, Vinaconex was honored and awarded alongside other prestigious brands such as Vietjet Aviation Joint Stock Company, Vietnam Commercial Joint Stock Export Import Bank (Eximbank), Nam A Commercial Joint Stock Bank (Nam A Bank), etc.

Despite challenges encountered by local real estate, construction, and building materials enterprises in 2022, Vinaconex managed to deliver impressive production and business results. In comparison to the performance in 2021, consolidated revenues of both the entire Corporation and holding company in 2022 increased by 52% and 90% respectively. Consolidated profit increased by 79%; The expected dividend rate is 10%.
According to the 2023 semi-annual financial statement, consolidated targets recorded that the Corporation’s revenue reached VND6,533.6 billion, indicating an 85% increase compared to the same period; the profit after tax reached VND177 billion.
Throughout its 35 years of establishment and development, Vinaconex has always aimed to conduct research, innovation, and creation in all activities; actively participated in national industrialization and modernization by undertaking numerous key projects in the fields of civil and industrial construction, infrastructure development, traffic, urban areas, etc. that require high technical and aesthetic standards.
Through unremitting efforts and adaptability in its business operations, Vinaconex firmly establishes itself as one of the leading enterprises in Vietnam's construction, real estate, and financial investment areas.