Fifty companies listed on Vietnam's two stock exchanges with the most effective operations were honoured by Nhip Cau Dau Tu (Investment Bridge) magazine on June 17.
Besides a market capitalisation of at least 500 billion VND (23.7 million USD) and turnover of 200 billion VND and profit of 20 billion VND for three straight years, the criteria for selection were turnover growth and three years' average return on equity and return on capital.
Vinamilk topped the list with a turnover growth rate of 25 percent and ROE and ROC of 41 and 40 percent.
Hau Giang Pharmarceutical followed with 20, 32, and 31 percent, and Phu My Fertilizer and Chemical Company with 16, 34, and 34 percent.
They each received a citation.
Of the 50 companies, almost half have won the honour for three successive year since its inception in 2012.
They include Hau Giang, Military Bank, Binh Minh Plastics Company and FPT.
Le Nhi Nang, head of the State Securities Commission in Ho Chi Minh City, said the rating focuses on the specific business performance and helps investors make their decision.
The winners have made constant efforts in areas such as corporate governance, transparency, and business development, he said.
Thien Viet Securities Companies helped the magazine compile the list.-VNA
Besides a market capitalisation of at least 500 billion VND (23.7 million USD) and turnover of 200 billion VND and profit of 20 billion VND for three straight years, the criteria for selection were turnover growth and three years' average return on equity and return on capital.
Vinamilk topped the list with a turnover growth rate of 25 percent and ROE and ROC of 41 and 40 percent.
Hau Giang Pharmarceutical followed with 20, 32, and 31 percent, and Phu My Fertilizer and Chemical Company with 16, 34, and 34 percent.
They each received a citation.
Of the 50 companies, almost half have won the honour for three successive year since its inception in 2012.
They include Hau Giang, Military Bank, Binh Minh Plastics Company and FPT.
Le Nhi Nang, head of the State Securities Commission in Ho Chi Minh City, said the rating focuses on the specific business performance and helps investors make their decision.
The winners have made constant efforts in areas such as corporate governance, transparency, and business development, he said.
Thien Viet Securities Companies helped the magazine compile the list.-VNA
