The top 50 best listed companies on the Vietnamese stock market will be honored for their excellent business and financial performances at a ceremony to be held on October 17, Forbes Vietnam announced at a press conference on October 13 in Ho Chi Minh City.

The list includes companies reaping good business results in 12 key sectors, whose revenue growth rate in 2013 averaged 7 percent (the market’s rate was 2 percent).

Notably, their average pre-tax-profit growth rate hit 23 percent while the market’s figure stood at 15 percent, according to the statistics of the Ho Chi Minh Stock Exchange (HOSE) and the Hanoi Stock Exchange (HNX).

Forbes Vietnam Editor-in-chief Tran Dang Khoa said the rankings, which were released for the first time by the magazine on September 3, 2013, aims to make those outstanding enterprises more well-known to investors while encouraging others.

A round-table talk will also be held on challenges in business management for company executives as part of the ceremony’s activities.

Forbes Vietnam is a monthly magazine published in Vietnamese for the country’s leading CEOs and entrepreneurs.

The magazine plans to announce other lists of outstanding companies and individuals in the Vietnamese market, including the list of top 30 most successful individuals aged under 30.-VNA