Top 500 Vietnamese enterprises in 2016 released

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Báo điện tử CP English - 7 month(s) ago 4 readings

VGP - The Viet Nam Report Company announced the list of top 500 companies in Viet Nam (VNR) in 2016 on January 19 in Ha Noi.

This was the tenth year the Viet Nam Report Company has released the list with a view to honoring businesses for their excellent performance in the 2015 fiscal year.

The Vietnam Oil and Gas Group topped the list, followed by Samsung Electronics Viet Nam Co., Ltd., Viettel Group, Electricity of Viet Nam, and the Vietnam National Petroleum Group

The largest private businesses comprise of Truong Hai Automobile Co., Ltd., Vietnam Dairy Products Joint Stock Company (Vinamilk), DOJI Gold & Gems Group, FPT Corporation, and Vingroup.

Addressing the ceremony, Deputy Minister of Information and Communications Nguyen Minh Hong praised the VNR500 and acknowledged Vietnamese enterprises for their effort to overcome difficulties by their business talent and potentials.

According to Vietnam Report, one of the key strategies that Vietnamese biggest companies are pursuing to increase competitiveness is embarking on core business fields.

They also move to improve labor productivity; keep and increase domestic market shares; and make inroads into the global market, the report said, adding that the equitization of State-run businesses and the development private ones have also helped to boost economic recovery in recent years.

On the occasion, Viet Nam Report announced Top 50 Viet Nam The Best 2016 and Top 50 Most Profitable Large Enterprises 2016.

The company also released a bilingual White Book featuring the 10-year development path of Vietnamese big enterprises from removing bottlenecks to creating a healthy business environment./.

By Kim Loan

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