Top 10 most profitable enterprises in 2021 announced

Vietnam Report JSC has honoured the top 10 enterprises in its 2021 PROFIT500, a list of the 500 most profitable businesses in Vietnam this year.

Friday, November 26, 2021 19:58

Top 10 most profitable enterprises in 2021 announced ảnh 1

Vietcombank, one of the top ten, is honoured at the ceremony annoucing the list. (Photo: VNA).

Hanoi (VNA) - Vietnam Report JSC has honouredthe top 10 enterprises in its 2021 PROFIT500, a list of the 500 mostprofitable businesses in Vietnam this year.

They include Samsung Electronics ThaiNguyen Limited Company, Viettel Military Industry and Telecoms Group, JointStock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), and VietnamOil and Gas Group (PetroVietnam).

The remaining enterprises are Vietnam Joint Stock CommercialBank for Industry and Trade (Vietinbank), Vietnam Technological andCommercial Joint Stock Bank (Techcombank), Hoa Phat Group, VietnamElectricity (EVN), Vingroup, and Vietnam Dairy Products Joint Stock Company (Vinamilk).

Top 10 most profitable enterprises in 2021 announced ảnh 2

The Viettel Military Industry and Telecoms Group ranks among the top 10 of the 500 most profitable businesses in Vietnam this year. (Photo: Viettel)

According to General Director of the Vietnam Report JSC Vu DangVinh, PROFIT500 recognises business representatives, who demonstratesuperiority in financial and communication strength, growth potential,sustainable development, management quality, and position in the market.

Among 339 listed firms ranked in the PROFIT500, 53.1 percentstill maintained their profit growth during 2019 – 2020 and in the first sixmonths of 2021, while 24.4 percent began recovering and regained the momentumof profit growth in the first half.

Given the fourth COVID-19 outbreak with complicateddevelopments, profits are not enough, he said, adding that the conditionrequires sustainable profits based on inner strength, market flexibility,technology application, and rearrangement of supply chains, among otherfactors.

The Vietnam Report also released its bilingual report ‘VietnamEarnings Insight 2021’ on profit trends according to economic sectors in 2021 –2022./.

VNA

#Vietnam Report #2021 PROFIT500 #top 10 enterprises #Vietnam Earnings Insight 2021 #vietnam #vietnam news agency #vietnamplus

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