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Economic News

Last updated: Friday, February 23, 2018

 

Top 500 Vietnamese Firms in 2017 Honoured

Posted: Monday, January 22, 2018


Vietnam’s 500 largest enterprises (VNR500) in 2017 were announced at a ceremony in Hanoi, on January 19, by the Vietnam Report Joint Stock Company, with Samsung Electronics Vietnam Co., Ltd topping the list.

Vietnam Electricity (EVN) came in second place on the list, followed by Vietnam Oil and Gas Group, Viettel Group, and Vietnam National Petroleum Group.

According to the report, Vietnam’s economy witnessed positive signs of recovery in 2017, with 75 per cent of businesses participating in the VNR’s survey reporting increased revenue.

VNR statistics also show that, over the past decade, the number of private enterprises has increased tenfold, accounting for nearly 50 per cent of the total number of firms on this year’s list.

On the occasion, Vietnam Report published the Top 50 Vietnam the Best 2017 to honour 50 firms which have been listed in the VNR500 for three consecutive years, whilst recording the largest revenues, and effectively performing their corporate social responsibility.

The top 10 most prestigious listed companies, top 10 pharmaceutical companies, and top 10 travel companies were also announced at the ceremony.

Launched by the Vietnam Report Joint Stock Company (Vietnam Report) and the VietNamNet online newspaper 11 years ago, the VNR500 aims to honour the achievements of the largest enterprises which represent Vietnam’s business community in each financial year.

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