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VietNamNews

41 Vietnamese firms join billion dollar club

Update: January, 29/2015 - 08:55
PetroVietnam earned VND745.5 trillion (US$34.8 billion) in revenue in 2014. This is its seventh consecutive year in the top position. — Photo ndh
HA NOI  (VNS)  — As many as 41 local enterprises joined the Billion US Dollar Club for recording annual revenues of over US$1 billion. They were listed among the country's 500 largest enterprises (VNR500) in 2014.

According to the VNR500 2014, released by the Viet Nam Report Joint Stock Company (Viet Nam Report) on Tuesday, Viet Nam National Gas and Oil Group (PetroVietnam) secured the top spot.

PetroVietnam earned VND745.5 trillion (US$34.8 billion) in revenue in 2014. This is its seventh consecutive year in the top position.

Other big names included Samsung Electronics Viet Nam, VietNam National Petroleum Group (Petrolimex), Electricity of Viet Nam (EVN) and Viettel Group. The VNR500 rating is internationally standardised by Viet Nam Report, aiming to honour Vietnamese enterprises' achievements each financial year. — VNS


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