Vingroup said it will continue to expand distribution channels, taking advantage of the local network and expertise of agents with the goal of reaching about 400 sales points globally by the end of 2024.
Vingroup Corporation - Joint Stock Company has just announced that it will hold the 2024 Annual General Meeting of Shareholders on April 25. Like previous years, this year's congress will be held at Almaz Convention Center, Long Bien district, Hanoi.
According to meeting documents published by Vingroup, this year the group targets record revenue of 200,000 billion VND and profit after tax of 4,500 billion VND.
Compared to the previous year, Vingroup's revenue is expected to increase by 23.7% and profit by 119%.
In 2024, Vingroup said it will continue to strengthen business activities to strengthen three main pillars: Technology - Industry, Trade and Services, and Social Charity. The Group maintains a P&L model at its subsidiaries, emphasizing the need for efficiency and transparency.
Activities of business fields in 2024
In 2024, VinFast aims to boost vehicle delivery output and focus on optimizing costs through initiatives in design, purchasing, and production.
In 2024, VinFast will continue to expand distribution channels, taking advantage of the local network and expertise of agents with the goal of reaching about 400 sales points globally by the end of 2024. Also in 2024, VinFast will deliver the new model in the US market and export cars to Europe, and begin distribution in Indonesia.
With the goal of cost optimization, VinFast conducts research on design initiatives to reduce raw material costs, while sourcing and purchasing effectively.
In the field of residential real estate, to prepare for a new growth cycle of the market, Vinhomes strengthens the distribution channel and strengthens the 020 model. Specifically. Vinhomes builds a self-trading distribution system in parallel with the existing dealer system nationwide, building long-term cooperative relationships, maintaining a fair and civilized playing field, ensuring consistency in business operations. Implement the business goals set by the company.
In addition, the Company will continue to improve its online business system, aiming to enhance the purchasing experience and make product policies and prices transparent. In addition to projects that have been opened for sale, Vinhomes focuses strongly on implementing potential new projects that have completed legal procedures to ensure revenue and profits in 2024 as well as gradually building new projects. social housing project.
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In the field of Resort Tourism - Entertainment, in 2024 Vinpearl aims to continue to maintain the number 1 brand identity in entertainment - entertainment and resort in Vietnam, especially the number 1 choice for experience of family guests. Vinpearl expects the market to continue its strong recovery, especially from international visitors, and targets outstanding growth compared to 2023, through vigorously exploiting customer sources, sales channels and sales. create new marketing strategies.