Vietcombank ranked first amongst Vietnamese listed companies
The Bank for Foreign Trade of Vietnam (Vietcombank) came first in Forbes
Vietnam’s top 50 of listed companies this year, its second year on the
list.
The Bank for Foreign Trade of Vietnam (Vietcombank) came first in Forbes
Vietnam’s top 50 of listed companies this year, its second year on the
list.
With over 31 trillion VND (over 1.47 billion USD) in revenue and 67.2 trillion VND (3.2 billion USD) in market capitalisation, the bank was praised for its number of business clients, its payment and trade services, and its strategies for the domestic retail market.
In 2014, Vietcombank was also named Vietnam’s best retail bank by the Asian Banker magazine. It is the only Vietnamese bank included in the list of the world’s top 500 banks selected by The Banker magazine for a two-year period (2013-2014).
Forbes Vietnam’s list honoured companies operating in 12 sectors that stand out for their excellent business performances and healthy profits.
Along with Vietcombank, the Ho Chi Minh Securities Corporation and the Military Commercial Joint Stock Bank were also included in the financial sector.
Other firms on the list include the Petrovietnam Technical Services Corporation, the Petrovietnam Gas Joint Stock Corporation, the Hoang Anh Gia Lai Group, the Vietnam Dairy Products Joint Stock Company (Vinamilk), and the Masan Group.
Altogether, the 50 listed companies hold a market capitalisation of more than 741 trillion VND (nearly 35.3 billion USD), accounting for 65 percent of the entire market capitalisation based on the prices of the closing session of April 25, 2014.
Forbes Vietnam is a monthly magazine published in Vietnamese for leading CEOs and entrepreneurs.
The magazine plans to create more lists of outstanding companies and individuals on the Vietnamese market, including a list of the top 30 most successful individuals under 30.-VNA
With over 31 trillion VND (over 1.47 billion USD) in revenue and 67.2 trillion VND (3.2 billion USD) in market capitalisation, the bank was praised for its number of business clients, its payment and trade services, and its strategies for the domestic retail market.
In 2014, Vietcombank was also named Vietnam’s best retail bank by the Asian Banker magazine. It is the only Vietnamese bank included in the list of the world’s top 500 banks selected by The Banker magazine for a two-year period (2013-2014).
Forbes Vietnam’s list honoured companies operating in 12 sectors that stand out for their excellent business performances and healthy profits.
Along with Vietcombank, the Ho Chi Minh Securities Corporation and the Military Commercial Joint Stock Bank were also included in the financial sector.
Other firms on the list include the Petrovietnam Technical Services Corporation, the Petrovietnam Gas Joint Stock Corporation, the Hoang Anh Gia Lai Group, the Vietnam Dairy Products Joint Stock Company (Vinamilk), and the Masan Group.
Altogether, the 50 listed companies hold a market capitalisation of more than 741 trillion VND (nearly 35.3 billion USD), accounting for 65 percent of the entire market capitalisation based on the prices of the closing session of April 25, 2014.
Forbes Vietnam is a monthly magazine published in Vietnamese for leading CEOs and entrepreneurs.
The magazine plans to create more lists of outstanding companies and individuals on the Vietnamese market, including a list of the top 30 most successful individuals under 30.-VNA
You should also see
Cam Lam - Vinh Hao Expressway to help drive south-central region's economy
The 78.5km Cam Lam - Vinh Hao Expressway, one of the three sub-projects of the North - South Expressway project’s eastern wing, officially opened to traffic on April 26.
See more
Business
Long An, Dong Nai introduce strengths in RoK
The southern province of Long An and Dong Nai introduced their investment climate as well as socio-economic development orientations at an investment promotion conference held in the Republic of Korea (RoK) on April 26.
Business
Vietnam makes initial efforts to approach creative industries: CIEM
Vietnam has made initial efforts to approach creative industries and services, particularly a policy framework related to creative economy development, according to a new report released by the Central Institute for Economic Management (CIEM).
Business
HCM City wants to become major partner, customer of NVIDIA: Official
Chairman of the People’s Committee of Ho Chi Minh City Phan Van Mai has told the Vice President of Worldwide AI Initiative at NVIDIA, Keith Strier that the city wants to become a major and good partner and customer of the firm in Vietnam.
Business
Revenue on top five e-commerce platforms jumps 79%
The e-commerce market of Vietnam was robust in the first quarter of this year with total revenue of the top five platforms, including Shopee, TikTok Shop, Lazada, Tiki and Sendo, reaching more than 71 trillion VND (2.79 billion USD), an increase of 79% over the same period last year, according to a recent report by Metric.
Business
Airports to offer 9,000 domestic flights during upcoming holidays
Vietnamese airlines are expected to operate 9,000 flights on domestic routes to meet the travel demand during the upcoming National Reunification Day (April 30) and May Day (May 1) holidays, according to the Airports Corporation of Vietnam (ACV).
