List of the largest companies in Vietnam

The list of the largest companies in Vietnam contains the - by various definitions - most important companies in Vietnam .

Largest publicly traded companies (Forbes Global 2000)

The ranking of the Forbes Global 2000 list, published annually by Forbes Magazine , of the 2000 largest publicly traded companies in the world, is calculated from a combination of sales , net income , assets and market value . The placements of the companies in the equally weighted categories are added together to form a rank. This calculation method prefers debt- intensive sectors such as banks, which are therefore also in the top places in the case of Vietnam. The table also shows the headquarters , the number of employees and the industry . The figures are in billion US dollars and relate to the 2019 financial year , for the market value to the stock exchange price in May 2020.

rank	Rank Forbes 2000	Surname	Headquarters	Revenue (Billion US $)	Profit (US $ billion)	Assets (US $ billion)	Market Value (Billion US $)	Employee	Branch
1.	937.	Vietcombank	Hanoi	3.7	0.77	48.5	10.8	18,948	Banks
2.	1448.	BIDV	Hanoi	5.1	0.37	64.3	6.1	26,135	Banks
3.	1534.	Vingroup	Hanoi	5.6	0.32	17.4	13.3	51,100	Construction and real estate
4th	1595.	VietinBank	Hanoi	4.1	0.41	53.5	3.2	24,105	Banks

Largest publicly traded companies (Forbes Vietnam Top 100)

At the end of 2019, the Vietnamese regional edition of Forbes magazine for the first time compiled a list of the hundred largest publicly traded companies in the country, with the ranking criteria corresponding to those of the Global 2000 list. In some cases, parent companies and subsidiaries are taken into account within the same group of companies. The majority of the companies are still majority-owned by the state . As a rule, the company's shares are listed on the Ho Chi Minh City Stock Exchange , and more rarely on the Hanoi Stock Exchange .

The first 50 entries are listed below.

rank	Surname	Branch
1.	Vietcombank	Banks
2.	BIDV	Banks
3.	Vingroup	Conglomerate / Construction and Real Estate
4th	VietinBank	Banks
5.	Vinhomes	Construction and Real Estate (subsidiary of Vingroup)
6th	Petrovietnam Gas	Petroleum & Natural Gas
7th	Techcombank	Banks (associated with the Masan Group)
8th.	VPBank	Banks
9.	Hòa Phát	Conglomerate / metal industry
10.	MB Bank	Banks
11.	Vinamilk	Food
12.	Thaco	Vehicle industry
13.	Petrolimex	Petroleum & Natural Gas
14th	Masan Group	Conglomerate / food
15th	Asia Commercial Bank	Banks
16.	Vietnam Airlines	air traffic
17th	VietJet Air	air traffic
18th	Petrovietnam Binh Son Refining	Erdöl & Erdgas (subsidiary of Petrovietnam)
19th	Airports Corporation of Vietnam	air traffic
20th	Thegioididong	Electronics retail
21st	Sacombank	Banks
22nd	HDBank	Banks
23.	Vietnam Rubber Group	agricultural economics
24.	Sabeco	Food
25th	Bảo Việt	Banks / insurance companies
26th	Novaland	Construction and real estate
27.	Petrovietnam Power	Erdöl & Erdgas (subsidiary of Petrovietnam)
28.	FPT Group	technology
29	Saigon – Hanoi Bank	Banks
30th	Vietnam International Bank	Banks
31.	Masan Consumer	Groceries (subsidiary of the Masan Group)
32.	TPBank	Banks
33.	Vincom Retail	Real estate (subsidiary of Vingroup)
34.	Vietnam Engine and Agricultural Machinery	mechanical engineering
35.	Eximbank	Banks
36.	LienViet Post Bank	Banks
37.	Becamex	Construction and real estate
38.	Orient Commercial Bank	Banks
39.	Petrovietnam Technical Services Corporation	Erdöl & Erdgas (subsidiary of Petrovietnam)
40.	Bắc Á bank	Banks
41.	Petrovietnam Oil	Erdöl & Erdgas (subsidiary of Petrovietnam)
42.	GELEX	Conglomerate / electrical industry
43.	Coteccons	construction
44.	Phu Nhuan Jewelry	Jewelry making
45.	Masan Resources	Mining (subsidiary of the Masan Group)
46.	FPT Telecom	Telecommunications (subsidiary of the FPT Group)
47.	SSI Securities Corporation	Financial services
48.	Maritime Bank	Banks
49.	Vinaconex	construction
50.	TTC Sugar Bien Hoa	agricultural economics

Largest Publicly Listed Private Companies (Forbes Asia Top 200)

In the list of the 200 best companies in Asia (without ranking), also published by Forbes, there are - as of 2019 (financial year 2018) - seven Vietnamese companies. This list only contains listed private companies (i.e. companies that are not majority owned by the state or major state-affiliated investors).

Surname	Revenue (Billion US $)	Profit (US $ billion)	Market Value (Billion US $)	Branch
Masan Group	1.66	0.21	3.77	agricultural economics
Thegiodidong	3.76	0.13	2.17	retail trade
Sabeco	1.56	0.18	7.73	beverages
VietJet Air	2.33	0.23	3.05	airline
Vinamilk	2.28	0.44	9.1	Food processing
Techcombank	1.34	0.37	3.03	Bank
Vingroup	5.3	0.16	17.01	Construction and real estate

Largest publicly traded companies by free float market capitalization

Because many of the major listed companies - especially in the sectors of finance and energy - are majority owned by the government or government-related major investors and are not or only partially tradable, weighted index creators like MSCI and FTSE usually after the free float - market capitalization , so the Market value that is available for free trading.

Rank FTSE	Rank MSCI	Surname
1.	1.	Vingroup
2.	3.	Vinhomes
3.	2.	Vinamilk
4th	6th	Masan Group
5.	4th	Hòa Phát
6th	7th	Vincom Retail
7th	5.	Vietcombank
8th.	8th.	VietJet Air
9.		Thegiodidong
10.	9.	Novaland
	10.	Sabeco

Largest companies by turnover (VNR 500)

Vietnam Report , the business portal of the state-run online newspaper VietNamNet , publishes the VNR500 ranking of the 500 largest companies in the country annually. This list also includes unlisted companies (including wholly-owned state-owned companies) and subsidiaries of foreign corporations. The ranking is based on the Fortune 500 model, i.e. based on total sales for the past fiscal year.

The first 50 entries are listed below (as of 2019, thus fiscal year 2018).

rank	Surname	Branch
1.	Samsung Electronics Vietnam Thai Nguyen	Electronics manufacturing
2.	Vietnam Electricity (EVN)	power supply
3.	Petrovietnam	Petroleum & Natural Gas
4th	Viettel	telecommunications
5.	Petrolimex	Petroleum & Natural Gas
6th	Vingroup	Conglomerate / Construction and Real Estate
7th	Petrovietnam Binh Son Refining	Petroleum & Natural Gas
8th.	Agribank	Banks
9.	BIDV	Banks
10.	Vinacomin	Coal mining
11.	Vietnam Airlines	air traffic
12.	Thegioididong	Electronics retail
13.	VietinBank	Banks
14th	Petrovietnam Gas	Petroleum & Natural Gas
15th	Vietcombank	Banks
16.	LG Electronics Vietnam	Electronics manufacturing
17th	DOJI Gold & Gems Group	Jewelry making
18th	Charoen Pokphand Vietnam	agricultural economics
19th	Thaco	Vehicle industry
20th	Hòa Phát	Conglomerate / metal industry
21st	Petrovietnam Oil	Petroleum & Natural Gas
22nd	Vietnam Posts and Telecommunications (VNPT)	Post and Telecommunications
23.	Vinamilk	Food
24.	VietJet Air	air traffic
25th	Vietsovpetro	Petroleum & Natural Gas
26th	VPBank	Banks
27.	Canon Vietnam	Electronics manufacturing
28.	Bảo Việt	Banks / insurance companies
29	VNPT Vinaphone	telecommunications
30th	Masan Group	Conglomerate / food
31.	Mobifone	telecommunications
32.	Saigon Commercial Bank	Banks
33.	Petrovietnam Exploration Production Corporation (PVEP)	Petroleum & Natural Gas
34.	Sabeco	Food
35.	Toyota Motor Vietnam	Vehicle industry
36.	Hoa Sen	Metal industry
37.	MB Bank	Banks
38.	EVN Power Generation Corporation 1 (Genco 1)	power supply
39.	Sacombank	Banks
40.	Techcombank	Banks
41.	Thành Công Group	Textile and automotive industries
42.	Bảo Việt Insurance	Insurance
43.	Hyundai Thành Công	Vehicle industry
44.	Skypec	air traffic
45.	Coteccons	construction
46.	Vietnam Cement (VICEM)	Building materials
47.	Asia Commercial Bank	Banks
48.	Prudential Vietnam	Insurance
49.	Vinataba	tobacco
50.	Vietnam Steel Corporation	Metal industry

Largest private companies by turnover (VNR 500)

In addition to the general VNR500 ranking, Vietnam Report also publishes a list of the 500 private companies with the highest turnover (only with headquarters in Vietnam, no foreign subsidiaries). The first 10 entries are listed below.

rank	Surname	Branch
1.	Vingroup	Conglomerate / Construction and Real Estate
2.	Thegioididong	Electronics retail
3.	DOJI Gold & Gems Group	Jewelry making
4th	Thaco	Vehicle industry
5.	Hòa Phát	Conglomerate / metal industry
6th	Vinamilk	Food
7th	VietJet Air	air traffic
8th.	VPBank	Banks
9.	Masan Group	Conglomerate / food
10.	Saigon Commercial Bank	Banks

Individual evidence

1. ^ Forbes: GLOBAL 2000 - The World's Largest Public Companies . Andrea Murphy, Hank Tucker, Marley Coyne, Halah Touryalai, May 13, 2020 (accessed May 28, 2020).
2. ↑ Vingroup annual report 2019 . According to Forbes, however, only 418 employees are employed in the Vingroup Holding.
3. ↑ Forbes Vietnam: Forbes Việt Nam công bố danh sách "100 công ty đại chúng lớn nhất" , December 30, 2019 (accessed on May 28, 2020).
4. ↑ VnExpress: 7 Vietnamese companies in Forbes Asia's Top 200 listing . Hung Le, August 30, 2019 (accessed May 28, 2020).
5. ↑ Forbes: Asia's Best Over A Billion - 2019 Ranking (accessed May 28, 2020).
6. ↑ MSCI : MSCI Vietnam Index (USD) (as of April 30, 2020, accessed on May 28, 2020)
7. ↑ FTSE Group : FTSE Vietnam Index Series (as of April 30, 2020, accessed May 28, 2020)
8. ↑ Voice of Vietnam : Samsung Electronics Vietnam tops largest firms list . Vietnam News Agency, December 8, 2017 (accessed May 28, 2020).
9. ↑ Vietnam Report: VNR500: Top 500 doanh nghiệp lớn nhất Việt Nam 2019 (accessed on May 28, 2020)
10. ↑ Vietnam Report: VNR500: Top 500 Doanh nghiệp tư nhân lớn nhất Việt Nam 2019 (accessed on May 28, 2020)