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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Green SM changes its brand from Xanh SM to Green SM. The Green Smart Mobility and Intelligent Transport Joint Stock Company (GSM) announced the brand change from Xanh SM to Green SM. The change aims to unify brand identity across the entire system and marks the company's three-year operation. In…
DatVietVAC, owner of the Say Hi universe, reveals growth model ahead of IPO. On 13 April 2026, during a results briefing for the IP asset exploitation model via the Say Hi universe brand, DatVietVAC Group Holdings leadership disclosed an upcoming IPO plan and the company's growth model. In 2025, driven by the Say Hi universe, DatVietVAC recorded revenue of 3,235 billion VND and net profit of 380 billion VND, maintaining a dividend policy of 30%. For 2026, the company aims for revenue of 3,380 billion VND and net profit of 420 billion VND, with a dividend ratio of 15%. The target for 2030 is revenue of 5,000 billion and profit of 780 billion, implying a 15% annual growth. Mr. Phan Dang Hung, Chief Strategy and Development Officer, said the company plans to IPO and list in the second half of 2026, potentially on HOSE or HNX depending on conditions. The IPO is to expand access to capital from investors. The funds raised will be used to develop talents (training, M&A with major training firms) and to build a platform to reach individual consumers. According to Mr. Hung, DatVietVAC currently has three main shareholder groups: the founders (largest), financial investors from Hong Kong and Singapore, and long-time contributing staff. The IPO strategy stems from the expansion of the business model in recent years. Within three years, the Say Hi universe (programs under 'Say Hi' such as Anh Trai 'Say Hi 2024', followed by Em Xinh 'Say Hi' and Anh Trai 'Say Hi 2025) has grown strongly. In 2025, revenue of the Say Hi universe exceeded 1,000 billion and gross profit of 432 billion. During the event, Mr Dao Van Kinh, Vice Chairman and CEO, said the focus going forward is to broaden the audience and optimize revenue from fans (fandom monetization), increasing direct revenue from fans. When connected directly with users via fandom platforms, the company can expand revenue sources based on merchandising with artists. The differentiation of DatVietVAC’s model is ownership: the company currently owns all resources to self-run exploitation without revenue sharing, while competitors may have to share revenue with copyright holders and lack flexibility in business models.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
