List of largest companies in Vietnam explained

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

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.

RankNameIndustryRevenue
(USD millions)
Profits
(USD millions)
EmployeesHeadquarters
1PetrolimexOil and gas11,50211926,262Hanoi
2Banking7,53786240,663Hanoi
3BIDVBanking7,51890229,327Hanoi
4VingroupConglomerate6,7778653,504Hanoi
5VietinbankBanking6,58383624,642Hanoi
6Binh Son RefiningOil and gas6,1893631,532Quảng Ngãi
7Hoa Phat GroupIndustrial Machinery4,99428728,951Hưng Yên
8Mobile World InvestmentRetail4,966765,414Thủ Dầu Một
9Petrovietnam OilOil and gas4,310241,681Hanoi
10VPBankBanking4,05041924,973Hanoi
11Vietnam AirlinesAirline3,843(249)21,130Hanoi
12Petrovietnam GasOil and gas3,7764872,827Hanoi
13MB BankBanking3,68886816,324Hanoi
14Masan GroupConglomerate3,2851835,878Ho Chi Minh City
15TechcombankBanking3,18175611,614Hanoi
16SacombankBanking2,67332418,436Ho Chi Minh City
17Saigon Hanoi BankBanking2,6473086,246Hanoi
18Asia Commercial BankBanking2,62467413,655Ho Chi Minh City
19VinamilkDairy products2,5343739,877Ho Chi Minh City
20VietJet AirAirline2,449105,729Hanoi

2024 Forbes list

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]

RankForbes
2000 rank
NameIndustryRevenue
(billions
US$)
Profit
(billions
US$)
Assets
(billions
US$)
Value
(billions
US$)
Headquarters
1815VietcombankBanking5.2 1.471.520.2 Hanoi
2899BIDVBanking7.3 0.9 93.9 11.1 Hanoi
31,194VietinbankBanking6.4 0.8 83.8 7.0 Hanoi
41,345MB BankBanking3.5 0.8 36.3 4.8Hanoi
51,602TechcombankBanking3.0 0.8 35.7 6.9 Hanoi
61,665Asia Commercial BankBanking2.7 0.729.6 4.3 Ho Chi Minh City
71,997VPBankBanking3.90.533.26.0Hanoi

See also

Notes and References

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