The corporation is aiming for a revenue of VND14 trillion ($594 million) in 2023, up 22% year-on-year, according to data released at its business review meeting on Tuesday.

In 2023, Saigontourist Group expects to welcome 1.68 million visitors, up 62.3% compared to 2022.

Truong Duc Hung, deputy CEO of Saigontourist, said that in order to achieve those targets, the group will focus on synchronously and flexibly deploying solutions to recover domestic and international markets. 

“We will build a synchronous and unique ecosystem of products through its strengths in accommodation, travel, cuisine, entertainment, conferences, and seminars,” he said.

In 2022, Saigontourist served 1.12 million visitors, up 199% year-on-year and up 13% compared to the target. 

The group’s revenue reached VND12.2 trillion ($518.2 million), up 104.8% year-on-year and up 17.3% compared to the target. Its gross profit hit VND3 trillion ($127.43 million), up 368.7% and 48.1%, respectively.

Established in 1975, Saigontourist is managing more than 100 hotels, resorts, restaurants, tour operators, amusement parks, tourism training schools, exhibition areas, conference and seminar centers, golf courses, and cable TV etc.

Source: The Investor

Under the agreement, Be Group will receive direct investment from GSM to become a multi-service consumer platform and provide the best technology transportation service in Vietnam.

Through financial partners, GSM will also support Be Group drivers to switch from gasoline vehicles to electric vehicles.

In the first phase of their cooperation, the two will partner with the Vietnam Prosperity Joint Stock Commercial Bank (VPBank) to offer exclusive policy deals to Be drivers to rent or purchase VinFast electric vehicles and motorbikes.

They will also share a ride-hailing platform. Customers can choose from GSM’s electric taxi service or beCar and beTaxi when booking on the Be platform.

With economical operating costs and “no noise, no emissions” experience, electric vehicles and motorbikes will help Be Group and its drivers improve service quality and optimize business efficiency.

Mr. Nguyen Van Thanh, General Director of GSM, said the cooperation agreement is an important step in the strategy of “greening” public transport in Vietnam that GSM is seriously and vigorously implementing. “This agreement will give hundreds of thousands of Be Group drivers the opportunity to switch to smart, modern, environmentally-friendly electric vehicles at a reasonable cost,” he added.

“We believe that our cooperation with GSM can help realize the ambition of greening the streets in a shorter time, so that users and drivers can experience safe, noise-free transportation at a fair cost,” Ms. Vu Hoang Yen, General Director of the Be Group, said. “This cooperation also demonstrates our contribution to the government’s overall policy in committing and implementing solutions towards reaching the goal of ‘net zero emissions’ by 2050.”

GSM was launched earlier this month by Vingroup Chairman Pham Nhat Vuong. The company has charter capital of $125.7 million, with the Vietnamese billionaire owning a 95 per cent stake. On top of operating its own services, GSM will also provide vehicles for online and traditional taxi service providers.

Under the plan, GSM will officially put into operation the electric taxi service and lease VinFast electric vehicles and motorbikes in April, with up to 10,000 cars and 100,000 motorbikes.

Together with Be Group drivers converting to electric vehicles and motorbikes, green transport services promise to quickly explode in Vietnam in the near future.

Be Group is the startup behind the “Be” multi-service consumer platform. It provides services such as transportation, goods delivery, food delivery, grocery shopping, insurance, and telecommunications, as well as digital banking through Cake by VPBank.

Last September, it secured a loan facility of some $60 million from Deutsche Bank, with the option to increase the financing to $100 million.

Source: VnEconomy