Forbes Honored Top 50 Listed Vietnamese Companies

The Vietnam’s 50 best listed companies in 2019 were honored by Forbes Magazine during an award ceremony in Ho Chi Minh City on August 15.

This year's list included leading companies on the HCM Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX), such as dairy firm Vinamilk, beer maker Sabeco, IT giant FPT Corp, DHG Pharmaceutical, insurance-finance group Bao Viet, digital retailer Mobile World and realty developer Vingroup.

Honored companies this year were rated on the basis of compound annual growth, profit, return on equity, earnings per share growth between 2013 and 2018, branding, quality of corporate management, source of profit and the prospect of sustainable development.

According to Forbes, the total capitalization of the 50 companies reached US$94 billion, accounting for 63% of the total market capitalization on the two bourses.

NDO/VNA