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List of largest companies in Vietnam

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This article lists the largest companies in Vietnam in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.

2024 Fortune list

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This list displays the top 20 Vietnamese companies in the Fortune Southeast Asia 500, which ranks the largest companies in Southeast Asia by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Rank Name Industry Revenue
(USD millions)
Profits
(USD millions)
Employees Headquarters
1 Petrolimex Oil and gas 11,502 119 26,262 Hanoi
2 Agribank Banking 7,537 862 40,663 Hanoi
3 BIDV Banking 7,518 902 29,327 Hanoi
4 Vingroup Conglomerate 6,777 86 53,504 Hanoi
5 Vietinbank Banking 6,583 836 24,642 Hanoi
6 Binh Son Refining Oil and gas 6,189 363 1,532 Quảng Ngãi
7 Hoa Phat Group Industrial Machinery 4,994 287 28,951 Hưng Yên
8 Mobile World Investment Retail 4,966 7 65,414 Thủ Dầu Một
9 Petrovietnam Oil Oil and gas 4,310 24 1,681 Hanoi
10 VPBank Banking 4,050 419 24,973 Hanoi
11 Vietnam Airlines Airline 3,843 (249) 21,130 Hanoi
12 Petrovietnam Gas Oil and gas 3,776 487 2,827 Hanoi
13 MB Bank Banking 3,688 868 16,324 Hanoi
14 Masan Group Conglomerate 3,285 18 35,878 Ho Chi Minh City
15 Techcombank Banking 3,181 756 11,614 Hanoi
16 Sacombank Banking 2,673 324 18,436 Ho Chi Minh City
17 Saigon Hanoi Bank Banking 2,647 308 6,246 Hanoi
18 Asia Commercial Bank Banking 2,624 674 13,655 Ho Chi Minh City
19 Vinamilk Dairy products 2,534 373 9,877 Ho Chi Minh City
20 VietJet Air Airline 2,449 10 5,729 Hanoi

2024 Forbes list

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This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2023/24. All six companies from the Vietnam are listed.[2]

Rank Forbes
2000 rank
Name Industry Revenue
(billions
US$)
Profit
(billions
US$)
Assets
(billions
US$)
Value
(billions
US$)
Headquarters
1 815 Vietcombank Banking 5.2 1.4 71.5 20.2 Hanoi
2 899 BIDV Banking 7.3 0.9 93.9 11.1 Hanoi
3 1,194 Vietinbank Banking 6.4 0.8 83.8 7.0 Hanoi
4 1,345 MB Bank Banking 3.5 0.8 36.3 4.8 Hanoi
5 1,602 Techcombank Banking 3.0 0.8 35.7 6.9 Hanoi
6 1,665 Asia Commercial Bank Banking 2.7 0.7 29.6 4.3 Ho Chi Minh City
7 1,997 VPBank Banking 3.9 0.5 33.2 6.0 Hanoi

See also

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References

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  1. ^ "Fortune Southeast Asia 500 – The largest companies in the region by revenue". Fortune. Retrieved 2024-08-21.
  2. ^ "The World's Largest Public Companies". Forbes. Retrieved 2021-05-18.