Vietnam's top 500 businesses announced hinh anh 1The awards ceremony (Source: VNA)
HCM City (VNA) - State-run Vietnam Oil and Gas Group (PetroVietnam) remains at the top of the 500 Vietnamese biggest enterprises list in terms of revenue (VNR500) this year.

Vietnam Dairy Products Joint Stock Company (Vinamilk), Saigon Union of Trading Cooperatives (Saigon Co.op), Ha Tien 1 JSC, and Viet Tien Garment Joint Stock Corporation were also included in the list released at a ceremony in Ho Chi Minh City on January 12.

The annual event, the ninth of its kind, which was jointly hosted by the Vietnam Report Company and VietnamNet online news site aims to acknowledge the rankings and position of enterprises, and honour their great contributions to national economic development.

Addressing the ceremony, Deputy Minister of Information and Communications Nguyen Minh Hong said the honoured firms are those that have outstandingly surpassed challenges and difficulties in production and business over the past year.

In the context of intensive economic integration between Vietnam and 11 partner countries, who have completed negotiations for the Trans-Pacific Partnership (TPP) agreement, these businesses will contribute to accelerating the integration process.

On this occasion, the “White book on Vietnam economy in 2016: on path to integration” was introduced to the public.

The book focuses on assessments of economic achievements the country recorded in 2015, forecasts for 2016 and the TPP’s impacts on the country’s development and integration.

A survey shows that up to 51.1 percent of the businesses that have made significant contributions to the country’s economic growth, had positive assessments of the economic endeavours for 2015, the book said.

As many as 48.1 percent of the enterprises pined high hopes on the production and business situation this year, and another 44 percent expected that their business will thrive in the next five years.

They all reached consensus on the need to fine tune administrative procedures in order to raise the country’s competitive edge when engaging in the TPP.

Many expressed their hope that the Government will increase the efficiency and transparency during the implementation of mechanisms and policies while taking measures to stablise the macro-economy.-VNA