Vinamilk makes it on to Nikkei’s Asian watch list
The Vietnam Dairy Products Joint Stock Company (Vinamilk) is on Nikkei Asian Review’s Asia300 list, which names Asia ’s most dynamic companies, a company representative said on March 18.
Vinamilk's dairy product (Photo: Vinamilk)HCM City (VNA) - The Vietnam Dairy Products Joint Stock Company (Vinamilk) is on Nikkei Asian Review’s Asia300 list, which names Asia’s most dynamic companies, a company representative said on March 18.
Also included on the list are the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), FPT Corporation, Petrovietnam Gas Joint Stock Corporation and Vingroup.
Total market capitalisation of the five Vietnamese enterprises is valued at more than 21.2 billion USD, nearly 7.3 billion USD of which comes from Vinamilk , Vietnam ’s largest company by market capitalisation.
Last year, Nikkei Asian Review also listed Vinamilk among ASEAN’s top 100 valuable enterprises and Asia 300 list. The journal said that Vinamilk is the biggest milk production company in Vietnam with diversified products.
The company raked in over 40.2 trillion VND (1.8 billion USD) in revenue in 2015, 15 percent higher than the previous year. Some 6 billion dairy products were distributed in the domestic market last year.
Asia300 features leading companies from eleven countries, including China and members of ASEAN. The companies are chosen based on market capitalisation, growth potential and geographical development.-VNA
You should also see
Prime Minister pays tribute to legendary founders of Vietnam
Prime Minister Pham Minh Chinh and other officials offered incense in commemoration of the Hung Kings, the legendary founders of Vietnam, at Kinh Thien Palace on Nghia Linh Mountain in Viet Tri city, the northern province of Phu Tho, on April 18 (the 10th day of the third lunar month).
See more
Business
Standard Chartered, US promote clean energy investments in Vietnam
Standard Chartered and the US Agency for International Development (USAID) have signed a Memorandum of Understanding (MoU) on green financing in Vietnam and to promote the deployment of advanced clean energy in Vietnam.
Business
Vietnam Airlines, Sun Group promote Vietnam’s tourism in RoK
National flag carrier Vietnam Airlines and Sun Group on April 17 held a tourism promotion event themed “The Magnificent Vietnam” in Seoul, aiming to promote Vietnam’s tourism potential, flights, and trade opportunities for Vietnam and the Republic of Korea (RoK).
Business
Overseas remittances to HCM City record highest increase in three years
Overseas remittances to Ho Chi Minh City exceeded 2.86 billion USD in the first quarter of 2024, an annual increase of 35.4% and the highest recorded in three consecutive years.
Business
Thu Duc city seeks investment in 11 PPP projects
Authorities of Thu Duc city, Ho Chi Minh City, held a conference on April 17 to draw investment in 11 public-private partnership (PPP) projects in the fields of education, culture and sports, with a total capital of over 2 trillion VND (83.3 million USD).
Videos
Real estate market thrives, entities ready to re-enter market
The real estate market has witnessed positive developments, with a slew of projects, including billion-dollar projects, being announced and called for investment in the first quarter of 2024.
