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2021: VIETLOTT SUSTAINABLE GROWTH, CONTRIBUTING TO THE BUDGET OVER 1,300 BILLION VND

07/06/2022 08:00

In 2021, Vietlott achieved revenue of more than 5,140 billion VND, awarded more than 2,800 billion VND to players, contributed more than 1,300 billion VND to local budgets. With sustainable growth over the years, Vietlott has always been in the Top 1,000 enterprises paying the most corporate income tax in Vietnam to contribute to the state budget.

After nearly 6 years of doing business, Vietlott has gradually developed and made positive contributions to the overall development of the country. This is reflected in the sustainable growth over the years.

Sustainable growth to contribute positively to society

In 2021, Vietlott achieved a revenue of more than 5,140 billion VND, up 4% compared to 2020. This growth comes from the addition of new products (Max3D Pro) and the application of modern technology to Diversify distribution channels. In the past year, Vietlott has traded lottery products (Mega 6/45, Power 6/55, Max 3D/3D+, Max 3D Pro, Keno) on 02 distribution channels via terminals and SMS, with sales of points in 62/63 provinces and cities and MobiFone, Viettel, Vinaphone subscribers nationwide. Diversity in distribution channels has complemented each other, bringing revenue growth for both channels.

Distribution channels via terminals at points of sale

Distribution channel via SMS

With 55% of revenue for prize payment, Vietlott has paid out from 2,807 billion VND to more than 20.2 million winning tickets in 2021. For matrix lottery products (Mega 6/45, Power 6/55), Vietlott recorded more than 4 million winning tickets, including 68 Jackpot winning tickets. For digit lottery products (Max 3D/3D+, Max 3D Pro), a total of 542 thousand winning tickets. Keno quick drawing lottery product with the time from 06h00 to 21h55 at the latest, 10 minutes/period, record more than 15 million winning tickets.

The growth in Vietlott's revenue helps to better contribute to the state budget. Vietlott always fulfills its obligations to the state budget to invest in health, education, combating climate change and building new countryside. In 2021, Vietlott has contributed more than 1,344 billion VND to local budgets according to the percentage of actual revenue generated in the area.

Besides business activities, Vietlott identifies social activities as a key task in the development process. With a business system of nearly 5,000 points of sale, Vietlott has contributed to creating 10,000 jobs across the country. In 2021, Vietlott and the winners have implemented many social security programs aimed at children and people in difficult circumstances in society with a contribution of more than 10 billion VND.

One of Vietlott's schools and the winners join hands to build

Developed according to world standards

As a pioneer in applying international standards in business activities, Vietlott always has active activities as an official member of the World Lottery Association (WLA) and the Lottery Association. Asia-Pacific (APLA). In 2021, Vietlott has achieved technical system certification that meets safety and security standards and reaches level 3/4 of WLA's Responsible Gambling program.

Continuing the growth momentum, Vietlott orients to sustainable development, continues to maintain and apply international standards in business activities.

Specifically, in terms of distribution channels, Vietlott has expanded its point of sale system in 63/63 provinces and cities. Continue to bring new products on the phone channel. Vietlott will also research and propose functional agencies to launch a distribution channel via the Internet in the near future to meet the needs of players and research to expand business in others the field.

For elective lottery products, Vietlott researches and offers novel, attractive and highly entertaining products to better serve players.

For social security activities, Vietlott identifies this as an important task in the business process; continue to actively coordinate with mass organizations and local authorities to implement social security activities in a longer and more methodical manner in the future.

 

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