The 8X boss of the ‘$22 billion company’ will answer questions via an online channel The content of the email, this 8X character (also known as Marin) stated: “In the past time, our corporation has registered a business with charter capital of 500,000 billion. This has caused a stir in public opinion and has caused a lot of problems. People who ask questions and raise many questions about our corporation To clarify all doubts I am Nguyen Vu Quoc Anh, currently the Chairman and CEO of GAB group, will officially open a press conference to answer questions. questions about the registration of Charter Capital 500 trillion and a brief introduction about GAB Group”. The press conference will be held tomorrow Tuesday, June 15, 2021 online via its own Youtube channel. According to Article 41 of the Press Law, Vietnamese agencies, organizations and citizens have the right to hold press conferences to announce, declare, explain and respond to contents related to their tasks, powers or interests. of that agency, organization or individual. Regarding the regulations on press conferences according to Article 19, Chapter V, Decree No. 51/2002/ND-CP of the Government, organizations and citizens who want to hold a press conference must notify in writing at the latest twenty-four (24) hours before the press conference, the state management agency in charge of the press, specifically organizations and citizens in the provinces and centrally run cities, shall notify the People’s Committee of the province or city directly under the Central Government. (Department of Information and Communication). Talking over the phone, Quoc Anh acknowledged that this was not a press conference, because he had not asked for permission from the Department of Information and Communications, so this was an online form to answer questions from the community about the company’s huge capital. As VietnamFinance has information, in 1 month, Nguyen Vu Quoc Anh personally established 5 companies at the same time. Specifically, Mr. Nguyen Vu Quoc Anh held the controlling share when, along with other shareholders, on May 20, he registered a new establishment with a charter capital of up to VND 500,000 billion for the Technology Investment Group Joint Stock Company. global auto. Also on May 20, they registered to establish a joint stock company of a global auto trading group with a capital of VND 25,000 billion and a joint stock company of Global Automated Tools Group with a capital of VND 100 billion. On May 28, Mr. Quoc Anh continued to register to establish a global luxury gift group Joint Stock Company, with a charter capital of VND 50 billion. Previously, on April 27, Mr. Quoc Anh established E-Commerce Headhunter Vietnam Co., Ltd., with a charter capital of 1 billion VND. The total charter capital of these 5 companies is VND 523,151 billion, of which Quoc Anh personally accounted for a total capital of 523,102 billion (equivalent to USD 22.7 billion). The registered address of the company is a level 4 house at 109, street 3, Phuoc Binh ward, TP. Thu Duc, City. HCM. In addition, the sales offices of large companies are located in Bitexco Financial Tower and Landmark 81. Although located in two different places, the leased floors are operated by Compass Offices, a service provider. virtual office and serviced office for rent. According to the homepage of Compass Offices, the rental price of virtual offices at Bitexco Financial Tower and Landmark 81 is only VND 1,200,000/month, including services such as providing business registration addresses, mailboxes, and call centers. customer care… Compass Offices currently provides virtual and serviced office rentals in 9 major cities across Asia-Pacific. In the city. In Ho Chi Minh City, the company has 2 branches at Bitexco Financial Tower and Landmark 81. Virtual office leasing is a service that provides businesses with a physical address and other office facilities, but does not include an office. With a virtual office, the business does not have a workspace but still has a registered business address, mailbox, answering service or other services.

Like how he surprised, this press conference was no exception. Accordingly, from June 14, many people “fall back” when they received the notice of the CEO of this tens of billions of dollars in the status line on their personal Facebook: “Press conference will be held tomorrow Tuesday, June 15, 2021 on YouTube broadcast at 9:00 AM – 11:30 AM “. Mr. Nguyen Vu Quoc Anh, General Director of Auto Investment Group in an online “press conference”. The CEO’s online “press conference” attracted hundreds of views at the same time with the same number of comments. Most of them are people out of curiosity, want to see how. The content of the comments were all encapsulated in the advice of Nguyen Vu Quoc Anh “to be confused, less explosive, less delusional”. Some people also think that the CEO of Auto Investment Group is “crazy” when holding a press conference but only monologues with the computer. At the beginning of the story, Nguyen Vu Quoc Anh shared the company’s “great” ambition with the desire to digitally transform businesses and state agencies as well as individual business households; oriented to become a technology corporation representing Vietnam to the world to compete with other illustrious corporations to bring foreign currency to Vietnam. “This year’s revenue is expected to be about 10,000 billion from July to December. Since we have not been able to promote the markets of India, the US and China, I have not been able to open it yet, at the end of this June I will open the markets. this to bring in revenue for our market.Of course people think the number is huge but to me it is nothing. In 2022, I have to bring in 1 billion USD, don’t say our corporation is a startup, I am not a statup, if you think I am a startup, you are wrong. We go 500 times faster than the startup, next year’s revenue of 1 billion USD is not big for me, only approximately 25,000 billion VND. By 2023 – 2025 trying to bring in 30 billion USD, this number is formidable. We will cover 250 countries… In 2025-2027, the revenue is 50 billion USD, this number is really not small but also not big with our vision. In 2025, we will build a financial business center and automatic replication in Vietnam, if it is favorable, we will build 17 buildings representing 17 of our companies. Investment capital is about 30 billion USD, I said I will make it. CEO Auto Investment Group promises. The online “press conference” of the “big CEO” attracted hundreds of views at the same time with the same number of comments. With these huge numbers, it seems that everyone will pay special attention, but most followers just want to know how much money Anh’s huge corporation has “stored” in the account. However, his answer was once again shocking: “I have a lot of gray matter, I don’t have money right now, but if I have gray matter, I will have it all” . To make the argument convincing, Mr. Nguyen Vu Quoc Anh mentioned potential investment sources that can be easily mobilized: “Please Mr. Hai, Mr. Ba, Mr. Tu, Mr. Nam (big businesses in Vietnam) to support his brother, each person contributing a few billion dollars to the youngest brother is also an ok number… I want you alone. youngest brother, I wish my parents were the State. My brother and I are the big men of Vietnam who have the support of the youngest, of course we go out and play with them. It’s as simple as that.” For more than 1 hour “hosting the online press conference”, the information “remains” in the followers that this is an 8X CEO with “superior talent”. Because, through the information shared, it can be confirmed that at the moment, Nguyen Vu Quoc Anh does not have much. According to the research of PV VTC News, the Global Auto Technology Investment Group Joint Stock Company has its head office located on the 46th floor, Bitexco Financial Tower building (2 Hai Trieu Street, Ben Nghe, District 1, Ho Chi Minh City). .HCM). This company has 3 founding shareholders, in which Mr. Nguyen Vu Quoc Anh contributed VND 499,998 billion and 2 other individuals contributed VND 1 billion each, Nguyen Thi Diem Hang and Luu Huu Thien. The comments are all encapsulated in the advice of Nguyen Vu Quoc Anh to “be less confused, less explosive, less delusional”. Immediately after the announcement, this information immediately attracted the attention of many people. Because with the above charter capital, this enterprise is far ahead of the leading economic groups in Vietnam at the moment. However, according to the actual research of PV VTC News, the office address on the 46th floor, Bitexco Financial Tower building that Mr. Nguyen Vu Quoc Anh registered the company’s headquarters in is a virtual office. This office is currently operated by Compass Office (an enterprise specializing in providing virtual and serviced office rental services). Currently, the group’s only location is the private house of the CEO of 8X himself, an old grade 4 house on 3rd Street (Neighborhood 2, Phuoc Binh Ward, Thu Duc City, Ho Chi Minh City).

Accordingly, in 2021, the enterprise expects net revenue of 5,375 billion dong, after-tax profit of 806.4 billion dong, up by 289.76 percent and 302.7 percent respectively compared to the implementation in 2020. Of the VND 5,375 billion net revenue, VND 4,030 billion came from the real estate sector; 3,203.5 billion VND from construction and trade; 1,156.6 billion dong in the energy sector; 300 billion VND in production and agriculture; VND 323.7 billion in other fields; and revenue deductions are -3,638.7 billion. It is expected that by 2021 there will be 400 MWp of solar power generated. BCG’s 2021 strategy will continue to define itself as a leading development group in the renewable energy sector in Vietnam. In particular, the research and development to the LNG gas power segment, the total power output in the portfolio is from 2,000 MW to 2025. For the real estate sector, quickly complete unfinished projects in 2020 to record revenue for 2021, observe the market and deploy new projects cautiously on the basis of making use of available land. In the construction field, Tracodi has become a leading construction contractor in Vietnam. In addition, the enterprise also submits to shareholders the 2020 dividend plan at the rate of 10%. Of which, 8% is in cash and 2% is in stocks. It is known that in the annual shareholders meeting in 2020, the enterprise expects dividends to be 12%. Thus, the dividend rate has decreased 2% compared to the plan. Entering 2021, the dividend rate is expected to increase to 12%. It is known that dividends in 2020 are expected to be paid in the second quarter or the third quarter of 2021. A noteworthy content is that the business plans to continue offering to sell 148.77 million shares, equivalent to a rate of 50% to existing shareholders at the price of 12,000 VND / share. The amount expected to mobilize is 1,785.24 billion for the purpose of supplementing working capital of the business. Expected time is quarter III / 2021. Previously, the enterprise has just successfully offered to sell 68 million shares to existing shareholders at the price of 10,000 dong / share in March 2021. In addition, the enterprise also plans to offer 60 million individual shares to supplement working capital, the expected time in 2021. Closing the session on March 23, BCG shares stood at the reference price of 12,850 dong / share.

This is an indicator that Vietcombank will reach and exceed its profit target for the whole year 2021. Previously, Vietcombank pre-tax profit in 2020 reached more than 23 trillion dong, equivalent to 2019 and reached 116.3% of the plan assigned by shareholders. Market capitalization by the end of 2020 reaches 15.7 billion USD and by April 22nd is over 16.4 billion USD – leading the industry. Expectedly, in 2021, the bank sets a target of 11% consolidated pre-tax profit (estimated at 25,585 billion dong), and separate pre-tax profit of 25,000 billion dong. Total assets are targeted to increase by 5%, capital mobilization from the economy increases by 7%, credit increases by 10.5%, and bad debt ratio is below 1%. In addition, the bank also plans to pay 2021 dividends at a rate of 8%. Mr. Nghiem Xuan Thanh, chairman of Vietcombank, said that the bank has set a strategic goal of 2 billion USD profit by 2025, of which the retail segment will contribute 50%, regardless of the Covid-19 epidemic affecting economy in general. Vietcombank also plans to increase its capital by more than 13 trillion dong to over 50 trillion dong by issuing shares to pay dividends from the remaining profit in 2019 and issuing separate shares with a scale of 6.5. % charter capital for up to 99 investors. Strategic partner Mizuho Bank will buy about 46.1 million additional shares to keep a minimum ownership rate of 15%. The bank continues to make great profits. Currently, Vietcombank is the bank with the highest new credit in the system. Therefore, if the capital is not raised, Vietcombank will not ensure the capital adequacy ratio as prescribed and this will affect the bank’s ability to provide credit to the economy, affecting its operational efficiency. In 2021, VCB expects that its total assets growth for the whole year will reach 5%, capital mobilization will increase 7% and credit growth will reach 10.5%. In the first quarter of 2021, many banks recorded high profit results and also set high targets for the year. VIB Q1 profit before tax increased 68% to more than 1.8 trillion dong thanks to the growth in scale and quality of the asset summary sheet, along with diversifying income sources. non-credit. ROE is 31%, highest in the industry. Also in the first quarter, Ho Chi Minh City Development Joint Stock Commercial Bank – HDBank (HDB) of billionaire female billionaire Nguyen Thi Phuong Thao recorded pre-tax profit of over 2.1 trillion dong, up 88% year-on-year. . During this year’s congress season, many banks have set out very impressive profit growth plans. Tien Phong Commercial Joint Stock Bank (TPBank) of Mr. Do Minh Phu is expected to grow 32% of its profit before tax this year compared to 2020, equivalent to about VND 5,800 billion. Saigon Hanoi Commercial Joint Stock Bank (SHB) of Mr. Do Quang Hien approved the highest 2021 profit plan to increase 88% to 6,100 billion if the bank completes raising capital in the third quarter. Viet Capital Commercial Joint Stock Bank – Viet Capital Bank (BVB) aims to grow 44% of its profit in 2021 thanks to its strategy of promoting retail sales, increasing bad debt collection, expanding network of operations … On the stock market, bank shares have risen sharply. From the beginning of this year to the end of the third week of April 2021, many Vietnamese banking stocks have had a very high growth rate of over 50%. The average increase in the banking sector’s share price was 15%, higher than the 10% increase in the number of VN-Index. The dominance of bank share prices is driving the entire stock market. It is forecasted that the profit of listed banks will grow 25-30% this year will be the main driving force to make bank shares more exciting. On the stock market (stock market), the VN-Index recovered to close to the threshold of 1,250 points. Closing the session on April 23, the VN-Index increased by 20.71 points to 1,248.53 points; The HNX-Index fell 3.4 points to 283,634 points. Upcom-Index increased 0.65 points to 80.4 points. Liquidity reached 23.3 trillion VND.

A longtime shareholder of the bank did not hide his excitement when in just 1 year, SHB shares increased 4.5 times, from only 6,000 VND in early 2020 to nearly 28,000 VND today. Shareholders expressed their hope that in the future, stock prices will continue to rise to the Top 5 group of Vietnamese commercial banks. Chairman of the Board of Directors, Mr. Do Quang Hien, said: “In previous years, there were shareholders who were very concerned about how the Board of Directors was responsible for increasing stock prices. We only have a responsibility to do well, good governance for a healthy and transparent development of SHB, investors will analyze and evaluate the performance by themselves; Enterprise value will determine the value of the stock. The price increase of SHB shares also shows investment interest, affirming the value of SHB in the present and in the future ”. Vote Hien: Last year, shareholders were very concerned about the responsibility of the Board of Directors to raise the stock price At the 2021 annual shareholder meeting, SHB said that it would pay dividends for 2019 and 2020 in shares at the rate of 10% and 10.5%, respectively. At the same time, SHB wants to offer shares to existing shareholders at the price of 12,500 dong / share. If completing these plans, SHB’s chartered capital will increase sharply to over 26,600 billion dong. SHB offers 2 scenarios for profit plan for 2021. Scenario 1, in case the bank completes the issue of additional shares to the public in the third quarter of 2021, the additional capital used in business operations will contribute to increasing the bank’s profit, expected reached 6,128 billion, up 87% over the previous year. Scenario 2, SHB completes the public offering of shares in quarter 4/2021, profit plan is expected at VND 5,828 billion, up 78%. By the end of Q1 / 2021, the bank’s total assets reached more than 418 trillion dong, pre-tax profit reached 1,664 billion dong, more than doubling compared to the same period last year. Regarding the transfer to the listing, SHB has recently received an official letter from the Ho Chi Minh City Stock Exchange that SHB’s profile has met the conditions under the HOSE’s Securities Listing Regulation. Official trading of bank shares on HOSE will be done after the technology infrastructure issue is handled. In 2021, SHB will increase its capital to VND 26,674 billion, of which the first source will increase from the fact that SHB pays 10% dividends to shareholders in 2019, approved by the State Bank and the SSC. Expected implementation time is in May 2021. After completing the dividend payment, SHB’s chartered capital will increase to more than 19,260 billion dong. The second source is from the dividend payment of 2020 at the rate of 10.5%. After the meeting, the Bank will submit to the State Bank for approval this plan. The third source, the Bank will increase capital from the offering of shares to existing shareholders by the method of exercising rights at the ratio of 100: 28, the expected asking price of VND 12,500 / share – less than half of the current price. now on the stock market. SHB has currently selected 2-3 major partners for the divestment plan of SHB FC Consumer Finance Company. Expected to successfully divest this year. SHB will increase capital by 5,000 billion dong from issuing shares for foreign investors and foreign strategic investors. Shareholders also agreed to approve the transfer of SHB’s capital in SHB Laos and SHB Cambodia to other investors at the maximum rate assigned to SHB’s Board of Directors for decision.

Speaking at the meeting, Mr. Nghiem Xuan Thanh – Chairman of Vietcombank – said that the bank’s management board will submit to shareholders a specific business plan for 2021 along with the plan to increase charter capital to over VND 50,000 billion. is expected to increase through 2 times with a total increase of more than 13,300 billion. Specifically, in phase 1, Vietcombank will increase its charter capital from VND 37,088 billion to VND 47,325 billion by issuing more than 1 billion shares from the remaining undistributed after-tax profit after dividends in 2019 (billion 8% in cash). Implementation period in 2021. Vietcombank plans to increase its capital through 2 shares issuance Phase 2, Vietcombank will issue private shares with a scale equivalent to 6.5% of charter capital at the time of offering. Expected additional capital increase phase 2 is more than 3,076 billion. After the issuance, the bank’s chartered capital will increase to VND 50,401 billion. Offering subjects are institutional investors with financial potential, which may include one or several existing shareholders. During the private offering, Vietcombank plans to issue at least 46 million shares to strategic partner Mizuho Japan to keep its ownership rate at least 15% and issue more to other investors. Shares will be issued to a maximum of 99 investors. The issue price is not lower than the valuation of the valuation organization and arithmetic average of the closing price of 10 trading sessions on HoSE, immediately preceding the date the investor announced the purchase. The execution period will be in 2021 and will continue in the following year if not completed. Vietcombank’s new capital raising plan is 9% higher than its 2020 plan and 36% higher than its current charter capital. In addition, at this morning’s shareholders meeting, Vietcombank also plans to use all remaining profits after tax, deducting funds for 2020 to pay dividends. However, the specific plan needs to wait for the State Bank’s official opinion. In 2021, Vietcombank sets a target of 5% increase in total assets, 10.5% increase in credit balance and 7% increase in mobilization. According to the plan, the target consolidated profit before tax of Viecombank will increase 11% to VND 25,600 billion. NPL ratio less than 1%. HA Mr. Pham Quang Dung: Twice appointed General Director of Vietcombank