DOLPHIN SEA AIR SERVICES CORP OFFICIALLY IN THE TOP 500 LARGEST ENTERPRISES OF VIETNAM – VNR500

According to the official announcement from the VNR500 Committee, Dolphin Sea Air Services Corp. excellently increased 189 ranks, achieved 221st rank in the Top 500 Largest Private Enterprises of Vietnam, and for the first time entered the Top 500 Largest Enterprises in all sectors.

VNR500 – CHART OF 500 LARGEST ENTERPRISES IN VIETNAM BY FORTUNE500 MODEL - based on independent research and evaluation results according to international standards of Vietnam Report Company, periodically published annually from 2007 by VietnamNet Newspaper, with the advice of domestic and foreign experts - especially Professor John Quelch, Former Vice President of Harvard Business School.

VNR500's ranking method is built to ensure the principles of objectivity, transparency, and science. The enterprises selected for ranking are independent accounting enterprises regardless of ownership, have legal status, and are established under Vietnamese law—evaluation data as of December 31 of the previous year. The evaluation criteria can be mentioned such as revenue, profit, growth rate, total assets, and the total number of employees, under the strict supervision of the advisory board of professors - PhDs in economics.

With unremitting efforts from 2021, Dolphin Sea Air has had impressive results in the 2022 ranking. Not only increased 189 places and ranked 221st in the Top 500 largest private enterprises in Vietnam. This is also the first time that the Dolphin Sea Air brand is officially in the Top 500 largest enterprises in Vietnam of all sectors.

As one of the pioneering logistics companies in Vietnam providing comprehensive logistics services for import and export businesses, Dolphin Sea Air Services Corp has always affirmed its position with substantial financial resources and a team of qualified staff. During 15 years of development, Dolphin Sea Air has carried out nearly half a million shipments, a system of branches - representative offices spanning 18 provinces and cities across the country, and close partners in more than 120 countries around the world. In 2021, the revenue of the whole system has surpassed the milestone of VND 3400 billion, as evidenced by a series of prestigious domestic and international awards such as Top 100 Vietnam Golden Star, Top 100 fastest growing enterprises in Vietnam (FAST500), Top 500 Largest Private Enterprises in Vietnam (VNR500), etc. The above figures have shown the strength and prestige of Dolphin Sea Air domestically as well as internationally. Dolphin Sea Air's vision is to become the leading Logistics enterprise in Vietnam, continuing to expand, specializing in providing reliable, friendly, and professional services.

Although recent years have been extremely volatile and difficult due to the heavy influence of the Covid-19 epidemic and the unstable political and economic situation in the world, Dolphin Sea Air Services Corp has flexibly adapted and changed our business model to keep the stable growth rate and bring to the market high-quality transportation services, supporting the nationwide import-export picture. 2021 and 2022 also marked a strong transformation of the business when Dolphin Sea Air Services Corp. proved excellent capacity on major export routes from Vietnam to the US - Europe and invested heavily in digital transformation activities.