Business

Strong brands propel business recovery, sustainable growth: Vietnam Report

Building a strong brand continues to play a pivotal role in enabling businesses to recover swiftly and grow sustainably in the future, said Vu Dang Vinh, CEO of Vietnam Report JSC, during a ceremony held on January 8 to announce the country’s top 500 largest enterprises in 2024.

At the Vietnam Report's ceremony held on January 8 to announce the country’s top 500 largest enterprises in 2024. (Photo: VNA)
At the Vietnam Report's ceremony held on January 8 to announce the country’s top 500 largest enterprises in 2024. (Photo: VNA)

Hanoi (VNA) – Building a strong brand continues to play a pivotal role in enabling businesses to recover swiftly and grow sustainably in the future, said Vu Dang Vinh, CEO of Vietnam Report JSC, during a ceremony held on January 8 to announce the country’s top 500 largest enterprises in 2024.

This was the 18th consecutive year that Vietnam Report, in collaboration with online newspaper VietNamNet, had published the rankings. The top 10 of the 2024 VNR500 gather notable names – the Samsung Electronics Vietnam Thai Nguyen Co. Ltd, Vietnam Oil and Gas Group (Petrovietnam), Vietnam National Petroleum Group (Petrolimex), Vingroup JSC, Vietnam Bank for Agriculture and Rural Development (Agribank), Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), Viettel Military Industry and Telecoms Group (Viettel), Vietnam Joint Stock Commercial Bank For Industry And Trade (VietinBank), Binh Son Refining and Petrochemical JSC, and Vietnam Coal and Mineral Industries Group.

The 2024 edition of the VNR500 rankings also honours the top 500 largest private enterprises, with their top 10 including the Vingroup JSC, Hoa Phat Group JSC, Mobile World Investment Corporation, Vietnam Prosperity Joint Stock Commercial Bank (VPBank), Masan Group Corporation, and Doji Gold and Gems Group JSC.

On the occasion, Vietnam Report unveiled the Top 10 and Top 5 most reputable companies in the sectors of pharmaceuticals, medical devices and healthcare; logistics; tourism, hospitality and resorts; and animal feed.

Additionally, it released the Vietnam economic white paper 2024, which provides in-depth analyses and insights into the current socio-economic landscape, emerging trends, and strategic solutions for businesses to overcome traditional limitations and accelerate growth in the future.

The economy was estimated to grow by 7.09% in 2024, but looking ahead to this year, experts from Vietnam Report warn of significant challenges. The primary obstacles include geopolitical risks, slowing growth in key trading and investment partners such as the US, China, the EU, and Japan, as well as increasing trends toward fragmentation, trade protectionism, and widespread unpredictable climate change impacts globally.

To achieve the ambitious economic growth target of around 8%, as forecast by some domestic and international research organisations, Vietnam Report recommends the country push ahead with institutional and policy reform, strengthening regulatory frameworks, improving the investment and business environment, leveraging traditional growth drivers, and promoting new growth engines such as the digital, green and circular economy, among other measures./.

VNA
#Vietnam Report #Vietnam top 500 largest enterprises in 2024 Vietnam
Follow VietnamPlus

Related News

At the one-door administrative unit of the Public Administration Service Center in Lao Cai province (Photo: VNA)

Vietnam makes bold step to improve business climate: VCCI report

Vietnam’s business and investment climate is showing marked improvements following sustained reform efforts, with enhanced access to business-related information and regulations, reduced unofficial costs, and effective administrative reforms, according to the latest survey by the Vietnam Chamber of Commerce and Industry (VCCI).

See more

New Zealand apples on sale at a supermarket in Vietnam (Photo: VNA)

Vietnamese consumers develop taste for Australian, New Zealand fruit

According to statistics from the Department of Customs, in the first six months of 2026, Vietnam imported 102.8 million USD worth of fruit, vegetables and flowers from Australia, up 55.7% from the same period last year. Australia's share of total imports rose from 5.5% to 6.51%, highlighting the growing position of the market as a supplier. Imports from New Zealand reached 78.04 million USD, up 20.4% year-on-year.

Semiconductor products, chips and components displayed at a ceremony to launch a national centre for semiconductor chip pilot production support in Hanoi on June 26. (Photo: VNA)

US semiconductor push offers Vietnam opportunities, policy challenges

The Vietnam-US semiconductor partnership is therefore not simply a “golden opportunity” arising from geopolitical shifts, but also a long-term test of Vietnam’s institutional reform and implementation capacity. If domestic capacity cannot keep pace, adjusting targets toward quality and execution, rather than simply expanding the number of projects, will be essential.

Workers process fruit for export at the Chanh Thu factory in Cho Lach commune, Vinh Long province. (Photo: VNA)

Vietnam works to maintain edge in key agricultural market

According to Le Hang, Deputy Secretary-General of the Vietnam Association of Seafood Exporters and Producers (VASEP), China and Hong Kong (China) remained bright spots for Vietnam’s aquatic exports in July, with revenue exceeding 267 million USD, up 24.7% year-on-year.

An estimated 6,300 workers are needed by the semiconductor industry in Bac Giang province during the 2025-2030 period. (Photo: VNA)

India's semiconductor strategy complementary to Vietnam's chip sector: expert

Sudhanshu Mittal, Director of Engineering Solutions at the National Association of Software and Service Companies (Nasscom) of India, noted that during the state visit to India by General Secretary of the Communist Party of Vietnam Central Committee and President To Lam in May, the two countries signed a number of cooperation agreements, with semiconductors identified as a priority area alongside artificial intelligence (AI), cybersecurity, and advanced technologies.

At the working session between Vietnamese Minister of Finance Ngo Van Tuan (right) and RMIT University’s Vice-Chancellor and President Professor Alec Cameron in Sydney on August 10 (Photo: tapchikinhtetaichinh.vn)

Vietnam, Australia seek to expand investment in rice value chain

During General Secretary of the Communist Party of Vietnam Central Committee and President To Lam’s state visit to Australia from August 9-12, Vietnamese Minister of Finance Ngo Van Tuan, authorised by the General Secretary and President, held working sessions with SunRice Group CEO Paul Serra and RMIT University’s Vice-Chancellor and President Professor Alec Cameron in Sydney on August 10.

Students practice microcontroller programming at the Vietnam-Korea College of Technology in Bac Ninh province (Photo: VNA)

Vietnam – one of most attractive destinations for leading US semiconductor companies: expert

Vietnam has built a solid semiconductor and electronics industry before joining ITSI, attracting major US semiconductor companies. Intel Products Vietnam is one of Intel's largest assembly and testing facilities worldwide, while chip design companies such as Synopsys, Cadence, Marvell and Qualcomm have established engineering and research centres in the Southeast Asian country.

Lawmakers on August 9 discuss a draft law amending and supplementing a number of articles of the Law on the State Bank of Vietnam, the Law on Anti-Money Laundering and the Law on Credit Institutions. (Photo: VNA)

Lawmakers discuss measures to ensure banking system safety, support digital economy

The draft law sets out provisions to control conflicts of interest when commercial banks act as agents managing collateral for corporate bonds. In this regard, Deputy Le Van The of Ninh Binh province said he supported the move, noting that it could provide a more professional approach to collateral management and help strengthen investor confidence if properly regulated.

A company in Da Nang operates a customer relationship management system supported by AI chatbots. (Photo: VNA)

AI drives rise of sleepless enterprises in Vietnam

The concept of a sleepless enterprise does not necessarily mean making employees stay on the job all the time. Instead, it's about building intelligent systems that can respond to customers, process transactions, monitor operations, analyse data and flag risks continuously.