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Top 500 enterprises announced

Released at: 10:00, 21/01/2017

Top 500 enterprises announced

Photo: vnr500.com.vn

The Vietnam Oil and Gas Group is on top of the list.

by Nguyen Quoc

The list of top 500 companies in Vietnam in 2016 was announced  at a ceremony held recently  in Hanoi by the Vietnam Report Company.

At this annual event, the 10th of its kind, the companies were honoured for their excellent performance in the 2015 fiscal year.

On top of the list is the Vietnam Oil and Gas Group which is followed by Samsung Electronics Vietnam Co., Ltd., Viettel Group, Electricity of Vietnam, and the Vietnam National Petroleum Group.

Truong Hai Automobile Co., Ltd., Vietnam Dairy Products Joint Stock Company (Vinamilk), DOJI Gold & Gems Group, FPT Corporation, and Vingroup are among the largest private companies on the list.

According to the Vietnam Report Company, 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 labour productivity; keep and increase domestic market shares; and make inroads into the global market.

Big companies have also focused on providing transparent information, developing management strategies and expanding export markets to reach those in the region and beyond.

On the occasion, the Vietnam Report Company also announced Top 50 Vietnam 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.

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