Bamboo Capital Group and Tracodi are listed in the Top 500 Largest Corporations of Vietnam in 2019 (VNR500)

On January 09th 2020, Bamboo Capital Group (HoSE: BCG) and Transport Investment And Development JSC (TRACODI) – HoSE: TCD) were awarded by Vietnam Report Organization and Vietnamnet newspaper as Top 500 Largest Corporations of Vietnam.

2019 is the 13th year of VNR500 Award which has annouced the Top 500 Largest Corporations of Vietnam to honor the largest scale Corporations of Vietnam which contribute to the development of Vietnam’s economy.

BCG was first nominated in 2017, sofar BCG has been honored for three consecutive years. This honor is the affirmation of BCG’s business strategies, going on the right direction in focusing on infrastructure, real estates and renewable energy, together with relentless effort of the BOD and all the employees.

BCG is expected to record VND 3,027 billion of revenue and VND 350 billion of profit in 2020 due to the handover of real estate projects. In the period of 2020 – 2024, BCG will continue developing real estate and renewable energy projects. Accordingly in 2024, BCG aims to reach VND 10,511 billion of revenue and VND 1,291 billion of profit.

Tracodi was honored for the first time in 2018. In the future, the Company is forecast to grow rapidly with the objective to become one of the top infrastructure construction company by enhancing cooperation with the leading international partners, attemps to create good products with the brand of Tracodi.

In 2019, Tracodi’s revenue is recorded VND 1,624 billion, reach 154% compare to plan, beside that the profit is recorded VND 92 billion, reach 106% compare to plan. Accordingly, Tracodi proceeds to pay dividends with 5% by cash and 10% by shares. In addition, Tracodi aims to reach VND 1,923 billion VND revenue and VND 101 billion profit in 2020.