DIGIWORLD : RANKS IN THE TOP 10 SUSTAINABLE DEVELOPMENT ENTERPRISES OF VIETNAM

Ho Chi Minh City, November 26th, 2018, Digiworld Corporation (DGW) was voted into the Top 10 Sustainable Development Enterprises of Vietnam, after 3 consecutive years being listed in the Top 100 Sustainable Development Enterprises of Vietnam, based on the Corporate Sustainability Index (CSI).

The award is co-organized by the Vietnam Chamber of Commerce and Industry (VCCI), Ministry of Labor, Invalids and Social Affairs (MOLISA), Ministry of Planning and Investment (MPI), Ministry of Industry and Trade (MOIT), Ministry of Natural Resources and Environment (MONRE), Vietnam General Confederation of Labour (VGCL) and the State Security Commission (SSC).

In order to be selected in the chart, enterprises must meet the rigorous criteria of the Corporate Sustainability Index (CSI). The Index was developed to measure value of enterprises based on the criteria of sustainable development from economic, environmental and social aspects. This is also the first Index in Vietnam that is dedicated to measure business performance towards sustainable development. It was developed based on the international guidelines and practices and adjusted to suit the domestic context. Indicators are tools for recording measurement objectives and managing changes to make business operations more sustainable. In 2018, the criteria in the CSI have been adjusted by reducing from 134 criteria to 131 criteria including three areas: Economy, Society, Environment, to more accurately measure the level of sustainable development of enterprises.

Dr. Vu Tien Loc, Chairman of VCCI said: 'Based on the assessment and selection of over 500 enterprises, the Vietnam Business Council for Sustainable Development selected 100 sustainable development enterprises of Vietnam in 2018. Especially, this year, outstanding enterprises who have been voted the Top 100 for three consecutive years (2016 - 2017 - 2018) were worthy of recognition of the Organizing Committee. During the last 3 years, enterprises in Vietnam have taken an active part in the building sustainable development enterprises. Therefore, the award of Sustainable Development Enterprises not only helps increase the enterprises' value but also create opportunities to expand the market for them. Moreover, by this award, we always try to encourage the Vietnamese business community to change their business thoughts and to look at sustainable development with a new lens. First of all, it is not an unreachable story of big companies, corporations, or the Great Powers of the world. It is a accessible story existing everywhere, an essential requirement of development. We encourage enterprises to incorporate CSI into their hearts, so CSI can help them build the best sustainable development strategies and promote strongly their potential'.

Mr. Doan Hong Viet, Chairman and General Manager of Digiworld proudly said: 'After 3 consecutive years receiving the Top 100 Sustainable Development Enterprises (SDS) in Vietnam, it has been an honor for Digiworld to presense in the Top 10 Sustainable Enterprises in Vietnam. In order to reach the Top 10 Sustainable Enterprises this year, Digiworld has overcome more stringent criteria in the operation of enterprises towards sustainable development. They are the basic criteria of management and strategy, management the fields related to sustainable development such as identifying, assessing and managing enterprise's impacts on economic, environmental and social issues; identifying related parties in above issues; and apponiting managers for these issues… Digiworld understands that a sustainable company will maintain the trust of its customers, investors, and shareholders as well as contribution in developing Vietnam. Therefore, being listed in the Top 10 Sustainability Enterprises is a great foundation and motivation for Digiworld to continue to build confidence and create more value for businesses and society as a whole. '

With the determination to build a sustainable enterprise, Digiworld always focus on economic, environmental and social aspects based on the development strategy including: Human - Foundation - Opportunity. In this strategy, 'Human' is the most essential factor which is the fulcrum to develop opportunities in business; 'Foundation' is the strong financial foundation, clear management process; 'Opportunity' is the capture of new opportunities which is the prerequisite that helps Digiworld brand emerge and dominate the market. The 3C strategy is the solid foundation for Digiworld to realize its directions in the coming years.

Specifically, in order to achieve the goal of becoming a billion dollars company in the next 10 years, in 2018, Digiworld continued to catch the trends, being ready to conquer the potential fields. Specifically, office equipment was developed to become the third important business beside laptop and mobility. Therefore, Digiworld's revenue in the third quarter increased nearly 1,700millions VND year on year. According to the business result of the first 9 months, Digiworld's revenue gained 4,383 billion VND, after-tax profit gained more than 78 billion VND, respectively jumping 63% and 38% year on year.

Along with business development, Digiworld has constantly promoted activities which aim at the benefits of the community. Every year, the company spends a part of its profit to organise volunteer activities for employees to participate in, such as building new classrooms for disadvantaged schools, giving scholarships, warm clothes, and school stationery for disadvantaged students, applying water purifier and encouraging employees to use their own cups to drink water to protect the environment…

About the program of Assessing and announcing sustainable enterprises in Vietnam in 2018 (CSI)

This is an annual program organized under the direction of the Government to honor the pioneer enterprises that achieved certain achievements in sustainable development. Besides, it encourages domestic enterprises to pay more attention to sustainable development, planning and implementing sustainable development strategies in the production and business process.

The Sustainable Business Index (CSI) is the basis for measuring the sustainability of participating enterprises in the program. It was developed by VCCI with consultation of leading experts from VCCI, government agencies, enterprises. and independent domestic and international experts. This is the third year the program is implemented nationwide.