Signing with Major Partners in Durian Trade and Export
Seizing the opportunity of increased durian demand from Chinese partners during the Lunar New Year, BIG organized a signing ceremony with three important partners in the trade and import-export of fresh and frozen durian on November 22, 2024, after establishing two companies specializing in agricultural product procurement and export.
These three partners are crucial to BIG’s strategic cooperation in exporting various fruits, including durian, bananas, and dragon fruit, to the Chinese market. With nearly a decade of experience in exporting fresh and frozen durian, along with a closed-loop process from preservation to container loading, transportation, and customs clearance, these partnerships will bring BIG a significant growth in revenue during the off-season for durian in the Mekong Delta, which coincides with the Lunar New Year celebrations and the winter season when the demand for durian is high in China.
Big Invest Group Signs Strategic Cooperation with Three Major Export Partners
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According to Mr. Kieu Van Khoa, Vice Chairman of the company, BIG is a public company that invests in key sectors that are Vietnam’s strengths to seize significant market opportunities. In 2024, after recognizing the enormous potential in agricultural import and export, especially in durian, BIG strengthened its cooperation with farmers and traders to become a leading agricultural product procurement company in the Mekong Delta and the Eastern region. They supply to large export partners in China with continuous orders. By seizing market opportunities, BIG is focusing its resources on this activity to achieve a breakthrough in business results, with revenue and profits from the durian segment alone expected to match the company’s performance in 2023. This has the leadership team and company personnel working tirelessly towards this goal.
 Mr. Kieu Van Khoa, Vice Chairman of BIG, Directly Inspecting Durian Procurement in the Mekong Delta
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BIG aims to continuously expand its scale by acquiring assets and distributing regular dividends to shareholders.
2024 marks a turning point for BIG as it successfully raised capital to repay debts incurred from purchasing assets to expand its scale, including the Big Hotel building, which is located on a golden land lot of 800 square meters with a 16-meter frontage in the central square of Lao Cai city. After the successful capital increase, BIG’s charter capital exceeded VND 143 billion, transforming it into a large-scale public company with numerous opportunities and challenges for its management and leadership in this new phase.
 Mr. Vo Phi Nhat Huy, Chairman of BIG, at the Opening Ceremony of Big Hotel Lao Cai
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Sharing the company’s expansion strategy, Mr. Vo Phi Nhat Huy, Chairman of the Board of Directors, said that BIG has a strong shareholder base, including investors who own many hotel and serviced apartment buildings nationwide. These shareholders unanimously contribute their hotel properties to the company to increase its scale and form a public company that owns multiple real estate assets that generate regular and abundant revenue, such as hotels, serviced apartments, and offices. This ensures that BIG’s stock always has a high book value and is a stock that shareholders on the stock exchange aspire to hold.
Moreover, in terms of business operations, BIG aims to become a multi-industry investment group that seizes excellent business opportunities, makes efficient investment deals, and has effective subsidiary companies that generate profits and provide regular dividends to shareholders. BIG’s first dividend distribution in 2024, after two years of listing, marks the leadership team’s initial success in their efforts to establish a consistent dividend distribution policy for shareholders in the coming years.
BIG has received approval from the SSC for the issuance of bonus shares, with the record date being December 4th.
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