500 largest enterprises in Vietnam announced

A list of the 500 largest enterprises in Vietnam (VNR500) was announced by the Vietnam Report JSC and online newspaper VietNamNet in Hanoi on November 8, the Vietnam News Agency has reported.

The ranking offers a comprehensive look at the powerhouses driving the nation's economy and introduces Vietnamese brands to the global business community, the news agency remarked.

Topping the list are industrial giants and state-owned enterprises, with Samsung Electronics Thai Nguyen Co. Ltd. in the first position. It is followed closely by the Vietnam Oil and Gas Group (Petrovietnam), the Vietnam National Petroleum Group (Petrolimex), and the Vingroup JSC.

Other notable names include the Vietnam Bank for Agriculture and Rural Development (Agribank), Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV), Viettel Military Industry and Telecoms Group (Viettel), Binh Son Refining and Petrochemical JSC, and Vietnam National Coal-Mineral Industries Holding Corporation Limited (Vinacomin).

The private sector also made a significant impact, with the top 10 private firms, including the Hoa Phat Group JSC, Vingroup JSC, Mobile World Investment Corporation, Masan Group, Doji Gold & Gems Group JSC, Vietnam Prosperity Joint Stock Commercial Bank (VPBank), Vietnam Dairy Products JSC (Vinamilk), Truong Hai Group, Saigon Thuong Tin Commercial Joint Stock Bank (Sacombank), and Vietnam Technological and Commercial Joint Stock Bank (Techcombank).