Forbes honours top 50 listed companies

July 28, 2018 - 09:00

The top 50 companies listed at the Hà Nội Stock Exchange and Hồ Chí Minh Stock Exchange were honoured by Forbes Việt Nam at a ceremony on Thursday.

Forbes honours top 50 listed companies. — VNS Photo
Viet Nam News

HCM City — The top 50 companies listed at the Hà Nội Stock Exchange and HCM Stock Exchange were honoured by Forbes Việt Nam at a ceremony on Thursday.

According to Forbes, the companies account for 70.8 per cent of the market capitalisation on the two exchanges.

Vinamilk, which holds nearly half of the country’s milk market, topped in terms of profit at over VNĐ10 trillion (US$435 million).

Petrolimex, which accounts for half the retail petrol market share, had the biggest turnover at VNĐ153 trillion ($6.65 billion).

State-owned enterprises like Vietcombank and Bảo Việt appear in the list while the private companies include VinGroup, Vietjet, Massan, Hòa Phát, VPBank, Kinh Đô, and Thế Giới Di Động.

Forbes rated the enterprises based on metrics like growth of turnover and profit, ROE, ROC, EPS between 2013 and 2017, brands, quality of corporate governance, sustainable development expectations.

This is the sixth year that Forbes has honoured the top 50 listed companies. — VNS

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