Business

Ten Vietnamese companies among Asia’s best under a billion

As many as 10 Vietnamese companies have been named in Forbes Asia’s Best Under a Billion (BUB) list this year, two more than 2012.
As many as 10 Vietnamese companies have been named in Forbes Asia’s BestUnder a Billion (BUB) list this year, two more than 2012.

The BUB list, announced on August 1, includes 200 best companies outof 15,000 small-and medium-sized ones in Asia-Pacific with revenuesranging from 5 million USD to 1 billion USD.

Theannual list is also based on such criteria as rising financialperformance, sufficiently broad and private share ownership, reasonabledebt levels and profitability.

The ten Vietnamese SMEs chosen for Forbes Asia 2013 list include theBinh Dinh Minerals Joint Stock Company, Dinh Vu Port Investment andDevelopment Joint Stock Company, Education Book Joint Stock Company inHanoi, National Seed Joint Stock Company, Ninh Hoa Sugar Joint StockCompany, Pan Pacific Corporation, Sea and Air Freight InternationalJoint Stock Company (SAFI), Vegetable Oil Packing Joint Stock Company(VMPACK), Vietnam Container Shipping Joint Stock Company, and SouthernSeed Joint Stock Company.

Companies from mainland China and Hong Kong continued to dominate in the rankings with 63 SMEs being put in the list and followed by India with 19, Japan with 17, Malaysia with 12, Vietnam with 10, Thailand with eight and Singapore with seven.-VNA
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