“You are always supported by the Directors”

The message is given after the Company has just overcome a fluctuating year 2020 and is entering the recovery process of 2021 in the context that the epidemic situation is still potentially complicated.

The year of 2020 marked a year of rental real estate falling into an unprecedented crisis cycle in history. Covid-19 has caused a series of rental properties to be vacated, with prices declining most in the past 10 years. The wave of premise return took place strongly, especially right after the first social isolation in April. That context had a strong impact and seriously affected revenue as well as production and business activities of the Company.

In the context of unprecedented difficulties, Rivera Invest promptly supported tenants with a support amount of VND3.7 billion; effectively implemented measures to prevent the spread of Covid-19 in all 3 buildings, etc. Thanks to its initiative and positivity, the Company soon regained its balance. After some periods of decline in the number of tenants, the Company quickly completed the signing of a new lease contract for nearly 1,500 m2 of commercial and office space, continuing to maintain operations in the difficult context. By the end of 2020, the Company completed nearly 90% of the revenue plan of 2020. Along with that, the company has also maintained well the work of customer care, maintenance and repair of the technical system, training and internal cultural development, etc.

Appreciating the efforts and results achieved by Rivera Invest, Mr. Le Anh Dung - Vice Chairman of the Board of Directors of Long Giang Group said: Rivera Invest is a bright spot of the Long Giang Group. He also highly appreciated the management and executive role of the Leaders of the company in the past year.

Entering 2021, Rivera Invest determines that the Covid-19 epidemic will continue to affect the Company's revenue as well as business activities. However, with a relatively stable management system, a team of qualified and trained personnel, the support of member companies in Long Giang Group and the push of corporate culture, etc., Rivera Invest also possesses a relatively solid foundation to be able to complete its objectives in 2021. Additionally, a stable political context with the spirit of the new term after the success of the 13th Party Congress will also contribute to blowing a new vital force to create a favorable environment for real estate enterprises like Rivera Invest to operate and develop.

In 2021, Rivera Invest aims to: Complete the revenue target; Focus on improving the initiative in management and administration of the company's leaders and managers; Consolidate the entire human resources system according to the personnel staffing model and periodically conduct training; Complete the publicization and listing of the company's stocks on HOSE; Complete investment in information technology application in all areas of management and administration of the Company; Implement Long Giang corporate culture into daily activities, with monthly evaluation, etc.

To be able to achieve the objectivess of 2021, Mr. Le Anh Dung emphasized: The company needs to improve the initiative and coordination in work, starting from the leaders and spreading to each staff and employee; maintain and improve customer care, pay attention to surveying the rental market, continue to improve and perfect the management system, corporate culture and external affairs, etc.

At the end of the conference, Mr. Ly Tuan Anh said: Rivera Invest always tries to create a favorable environment for all staff and employees to develop themselves. He wants employees to openly share about their work, make more effort and commitment. He affirmed: "You are always supported by the Directors when facing any difficulties or problems" and expected that Rivera Invest would continue to make positive changes to further develop together with the Long Giang Group.