Dat Xanh Real Estate Services JSC | APEA - Asia Pacific Enterprise Awards Asia Pacific Enterprise Awards

CORPORATE EXCELLENCE CATEGORY

Dat Xanh Real Estate Services JSC

Information about the Company
Dat Xanh Real Estate Services JSC (Dat Xanh Services, DXS) has a share capital of VND 3,582 billion as of quarter 2 (Q2) of 2021 and is listed on the Ho Chi Minh City Stock Exchange (HOSE). The company has 15 subsidiaries as F1, and 38 subsidiaries as F2. Its real estate services structure includes primary brokerage, secondary brokerage, property management, financial services, and other services. Its distribution network provides nationwide coverage across the entire Vietnam peninsula. Dat Xanh Services also has the largest brokerage system and market share in Vietnam.

Dat Xanh Services vision is to become a comprehensive real estate and financial service solutions provider through its mission to provide services beyond expectations. Its core values are Hunger, Integrity, Profession, and Humanities.

Company Culture
At Dat Xanh Services, the human factor is considered the most important factor as each individual is a like-minded paddle to bring the Dat Xanh Services ship to the big sea. Therefore, training and development is the motto of Dat Xanh Services to help staff maximise their potential and career orientation, helping employees develop themselves more and more to become future leaders.

Dat Xanh Services is one of the units with the best welfare system on the market today. The company’s policies provide health care insurance and accident insurance 24/24 for employees, encourage learning for the children of managers and employees, and gifts to celebrate employees’ birthdays, festivals, weddings, etc. It also offers various other benefits such as travel programmes for employees and their relatives; annual general health check-ups for employees; support for lunch, business trips, phone calls, etc.; free weekly sports service for employees.

In addition, the company provides employees with housing support where they can receive a discount of up to 15% of the market price when they buy a house from the company. Employees only have to pay 50% of the house value in advance according to the construction progress with the remaining 50% in instalments within 5 years from the date of receiving the house without any interest. Furthermore, Dat Xanh Services donates houses for employees with many achievements and long-term attachments to the company.

Achievements & Impact
Dat Xanh Services once again recorded outstanding efforts in the first 6 months of 2021. In 6 months, the company achieved a net revenue of VND 2,128 billion, which was up by 125%. Meanwhile, its profit before and after-tax was VND 841 billion and VND 653 billion respectively, which was 2 times higher than 2020.

One of the important highlights in the first 6 months of 2021 is Dat Xanh Services’ successful initial public offering (IPO) event in April. Dat Xanh Services shares are registered on HOSE and also currently trading on the Hanoi Stock Exchange (HNX) with a total market capitalisation of up to VND 11.5 trillion.

With a system of over 50 member companies, 7,500 employees and solid financial capacity, Dat Xanh Services is a pioneer enterprise and reliable partner of many investors, brokers and customers nationwide.

In response to new developments in the COVID-19 pandemic, Dat Xanh Services continues to focus on developing its technology segment by applying the Real Agent sales technology platform. At the same time, the development and application of the FINA digital financial platform have also greatly facilitated the interaction and disbursement of loans for real estate customers during the lockdown period.

Future Direction
Dat Xanh Services has been expanding its footprint nationally through the years. It began its national expansion phase from 2003 to 2018 and has started its service expansion phase in 2019.

Dat Xanh Services’ sustainable development strategy includes delivering a full ecosystem of real estate-related services comprising brokerage business strategies, fee-based business strategies and digitalisation strategies. Its brokerage business strategies aim to solidify the position of the #1 broker in Vietnam by strengthening primary brokerage and expanding into a secondary brokerage. Meanwhile, its fee-based business strategies seek to cross-sell other services to become a fully integrated broker and capitalise on higher-margin fee-based businesses. Lastly, its digitalisation strategies focus on leveraging technological capabilities to maximise competitive advantage in a consolidating industry.

CORPORATE EXCELLENCE CATEGORY

Dat Xanh Real Estate Services JSC

Information about the Company
Dat Xanh Real Estate Services JSC (Dat Xanh Services, DXS) has a share capital of VND 3,582 billion as of quarter 2 (Q2) of 2021 and is listed on the Ho Chi Minh City Stock Exchange (HOSE). The company has 15 subsidiaries as F1, and 38 subsidiaries as F2. Its real estate services structure includes primary brokerage, secondary brokerage, property management, financial services, and other services. Its distribution network provides nationwide coverage across the entire Vietnam peninsula. Dat Xanh Services also has the largest brokerage system and market share in Vietnam.

Dat Xanh Services vision is to become a comprehensive real estate and financial service solutions provider through its mission to provide services beyond expectations. Its core values are Hunger, Integrity, Profession, and Humanities.

Company Culture
At Dat Xanh Services, the human factor is considered the most important factor as each individual is a like-minded paddle to bring the Dat Xanh Services ship to the big sea. Therefore, training and development is the motto of Dat Xanh Services to help staff maximise their potential and career orientation, helping employees develop themselves more and more to become future leaders.

Dat Xanh Services is one of the units with the best welfare system on the market today. The company’s policies provide health care insurance and accident insurance 24/24 for employees, encourage learning for the children of managers and employees, and gifts to celebrate employees’ birthdays, festivals, weddings, etc. It also offers various other benefits such as travel programmes for employees and their relatives; annual general health check-ups for employees; support for lunch, business trips, phone calls, etc.; free weekly sports service for employees.

In addition, the company provides employees with housing support where they can receive a discount of up to 15% of the market price when they buy a house from the company. Employees only have to pay 50% of the house value in advance according to the construction progress with the remaining 50% in instalments within 5 years from the date of receiving the house without any interest. Furthermore, Dat Xanh Services donates houses for employees with many achievements and long-term attachments to the company.

Achievements & Impact
Dat Xanh Services once again recorded outstanding efforts in the first 6 months of 2021. In 6 months, the company achieved a net revenue of VND 2,128 billion, which was up by 125%. Meanwhile, its profit before and after-tax was VND 841 billion and VND 653 billion respectively, which was 2 times higher than 2020.

One of the important highlights in the first 6 months of 2021 is Dat Xanh Services’ successful initial public offering (IPO) event in April. Dat Xanh Services shares are registered on HOSE and also currently trading on the Hanoi Stock Exchange (HNX) with a total market capitalisation of up to VND 11.5 trillion.

With a system of over 50 member companies, 7,500 employees and solid financial capacity, Dat Xanh Services is a pioneer enterprise and reliable partner of many investors, brokers and customers nationwide.

In response to new developments in the COVID-19 pandemic, Dat Xanh Services continues to focus on developing its technology segment by applying the Real Agent sales technology platform. At the same time, the development and application of the FINA digital financial platform have also greatly facilitated the interaction and disbursement of loans for real estate customers during the lockdown period.

Future Direction
Dat Xanh Services has been expanding its footprint nationally through the years. It began its national expansion phase from 2003 to 2018 and has started its service expansion phase in 2019.

Dat Xanh Services’ sustainable development strategy includes delivering a full ecosystem of real estate-related services comprising brokerage business strategies, fee-based business strategies and digitalisation strategies. Its brokerage business strategies aim to solidify the position of the #1 broker in Vietnam by strengthening primary brokerage and expanding into a secondary brokerage. Meanwhile, its fee-based business strategies seek to cross-sell other services to become a fully integrated broker and capitalise on higher-margin fee-based businesses. Lastly, its digitalisation strategies focus on leveraging technological capabilities to maximise competitive advantage in a consolidating industry.