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Viet Nam's top 10 companies by market capitalization

1. Viet Nam Foreign Trade Commercial Bank

Jointstock commercial Bank for Foreign Trade of Vietnam, Vietcombank or VCB, is the third largest bank in Vietnam after the Agribank and the Bank for Investment and Development of Vietnam (BIDV), and the second largest commercial joint stock bank in Vietnam after BIDV in terms of total assets.

Viet Nam's top 10 companies by market capitalization

Viet Nam Foreign Trade Joint Stock Commercial Bank

According to the report of the United Nations Development Programme, Viet Nam Foreign Trade Joint Stock Commercial Bank is the sixth largest enterprise in Viet Nam (the others are Viet Nam Agriculture and Rural Development Bank, Viet Nam Post and Telecommunications Group, Viet Nam Electricity Group, Viet Nam Investment and Development Bank and Vietnam-Suzhou Oil and Gas Joint Venture). Founded in 1963, Bank is a state-owned commercial bank in Viet Nam. Formerly known as Viet Nam Foreign Trade Bank (Ngân hàng Ngoạithương Việt Nam). It is a member of the Viet Nam Banking Association, the Asian Banking Association, the Society for Worldwide Interbank Financial Telecommunication, Visa, Master Card, etc.

Viet Nam's top 10 companies by market capitalization

Viet Nam Foreign Trade Joint Stock Commercial Bank

Viet Nam Foreign Trade Joint Stock Commercial Bank has developed a full-fledged bank with a large network. It has 13,560 employees, including Hanoi headquarters, 1 trading office, 1 training center, 78 sub-branches and more than 300 exchanges. 3 subsidiaries in Viet Nam, 2 overseas subsidiaries, 1 Singapore office and 5 associates. There are 1,835 ATMs and 32,178 POS merchants nationwide. On May 13, 2020, Viet Nam Foreign Trade Joint Stock Commercial Bank ranked 937th in the 2020 Forbes Global 2000 list.

Viet Nam's top 10 companies by market capitalization

Viet Nam Foreign Trade Joint Stock Commercial Bank

2. Viet Nam Investment and Development Bank BIDV

Founded in 1957, the Vietnam Investment and Development Bank (銀行hàng Investment and Development Việt Nam) is the largest state-owned bank in Vietnam. The Bank for Investment and Development of Vietnam (BIDV) is the largest state-owned bank in Vietnam.

Viet Nam's top 10 companies by market capitalization

Viet Nam Investment and Development Bank BIDV

The bank is one of the first of the four major state-owned commercial banks in China, providing a range of exchange, credit, banking and non-banking services, acting as an intermediary for the implementation of national monetary policy and seeking funds from local or overseas financial institutions for development projects. With experience in investing in key engineering projects, the bank plays a leading role in investment development and project financing in Viet Nam. The bank employs more than 8,000 people. On May 13, 2020, Viet Nam Investment and Development Bank ranked 1448th in the 2020 Forbes Global 2000 list.

Viet Nam's top 10 companies by market capitalization

Viet Nam Investment and Development Bank BIDV

3.和发集团Hoa Phat Group

Hoa Phat Group is one of Viet Nam's top steel producers and one of the most promising and competitive private enterprises in Viet Nam. The company was established in 1992 and listed on the Viet Nam Stock Market (Hoa Phat Group JSC) after restructuring in 2007. Hoa Phat Group is mainly engaged in steel manufacturing, mineral mining, coking coal production, real estate, furniture, construction machinery and equipment, etc., and has factories in Hanoi, Hung Yen, Hai Duong, Lao Cai, Yen Bai, Ha Giang, Ho Chi Minh City, Binh Duong and other provinces and cities. Currently, steel and related products account for about 80% of the Group's total revenue, making it one of the top three steel producers in Viet Nam.

Viet Nam's top 10 companies by market capitalization

和发集团(Hoa Phat Group)

With a market capitalization of US$6.7 billion, Hoa Phat Group is the largest steel company in Viet Nam and has the largest market share in the construction steel and steel pipe market. It is also the largest steel producer in Southeast Asia, with an annual crude steel output of 8.5 million tons. China can benchmark Baosteel.

Viet Nam's top 10 companies by market capitalization

Hoa Phat Group(和发集团)

4.越南国家油气集团PetroVietnam

PetroVietnam is a state-owned petrochemical company wholly owned by the Vietnamese government, established on August 29, 2006 and headquartered in Lang Ha Phuong, Dong Duo District, Hanoi. The current Chairman of the Board is Phong Dinh Thich (Vietnamese: Phùng Đình Thuc) and General Manager Du Van Hou (Vietnamese: ĐỗVăn Hou).

Viet Nam's top 10 companies by market capitalization

Viet Nam National Oil & Gas Group

The main business scope of Viet Nam National Oil and Gas Group includes oil and gas exploration, exploitation, processing and sales, and its subsidiaries include Viet Nam Oil and Gas Group, 4 head offices (fully controlled by Viet Nam Oil & Gas Group), 4 limited liability companies (fully controlled by the Group) and 14 companies 50% controlled by the Group.

Viet Nam's top 10 companies by market capitalization

Viet Nam National Oil & Gas Group

5. FPT Financial Promotion Group

FPT is the largest communications technology company in the private sector in Viet Nam, with more than 40,000 employees, including 17,728 technical employees, and 48 offices in 26 countries and regions overseas. At the same time, FPT Group is a leading position in various business fields such as software export, system integration, software development, and information technology services in Viet Nam. The capabilities of the FPT Group are recognized by more than 700 large companies around the world, as evidenced by the client list of more than 600 large companies around the world, 100 of which are included in the Global Fortune 500: Toshiba, Hitachi, Nissen, Deutsche Bank, Unilever, Panasonic, etc.

Viet Nam's top 10 companies by market capitalization

FPT Financial Promotion Group

It has been recognized by business leaders around the world and has customers of more than 600 large enterprises around the world, of which 100 companies are listed in the Global Fortune 500. These include the following big brands: Toshiba, Hitachi, Airbus, Deutsche Bank, Unilever, Panasonic, and many more. PT will continue to explore digital transformation, apply new technologies such as AI, big data, and IoT, and develop technical solutions such as smart transportation, smart healthcare, and e-government. FPT currently sets a target of US$1 billion in revenue in overseas markets and to become a leading global company providing smart services in Viet Nam by 2020.

Viet Nam's top 10 companies by market capitalization

FPT

At the same time, FPT Group is a leading position in various business fields such as software export, system integration, software development, and information technology services in Viet Nam. In the past three decades, FPT has not only pioneered the establishment and development of Viet Nam's local software, applied technology to life, created benefits for individuals and businesses, modernized the country's pillar industries, provided education and practical training for young people, but also became a leader in the field of software exports, showing the wisdom of Viet Nam to the world. In Viet Nam, most of the large information systems of state institutions and key economic sectors are established and developed by FPT.

Viet Nam's top 10 companies by market capitalization

FPT

6. Viet Nam Industrial and Commercial Bank VietinBank

Various banking products and services for individuals and organizations in Viet Nam and internationally. It offers both savings accounts and current accounts. The company also provides consumer, automobile, mortgage, and business loans, as well as study abroad loans; short-, medium- and long-term loans and deposits; special loans; International Credit Program Loans; and overseas remittance, foreign exchange transactions, wire transfers and other services. providing international payment and trade finance services; foreign exchange services and derivatives; payment and cash management services; credit card services; discounting commercial paper, bonds, and other notes of value; life insurance products; and online and SMS banking services.

Viet Nam's top 10 companies by market capitalization

Industrial and Commercial Bank of Viet Nam

The company has 155 local branches in 63 provinces and cities across the country; 2 representative offices in Ho Chi Minh City and Da Nang; Trade Finance Centre; 5 cash management centres; 3. Non-business units; and 958 trading offices. It also operates two foreign branches in Germany; Representative Office in Myanmar; and a subsidiary bank in the Lao People's Democratic Republic. The company's predecessor was Viet Nam Industrial and Commercial Bank, which was renamed Viet Nam Industrial and Commercial Bank Co., Ltd. in July 2009. The company was founded in 1988 and is headquartered in Hanoi, Viet Nam

Viet Nam's top 10 companies by market capitalization

Industrial and Commercial Bank of Viet Nam

7. Viet Nam Technology Commercial Bank Techcombank

Viet Nam Technology & Business Joint Stock Bank mainly provides personal and corporate banking services in Viet Nam. The company's business involves banking, asset management, securities trading, fund management and other financial fields. Its personal banking products and services include current accounts, payroll accounts and savings products; Student loans, mortgage loans, car loans, consumer loans, home business loans, securities pledge loans, valuable bill pledge loans, etc.; credit and debit cards; ATM and POS services; international transfers; bancassurance products such as life insurance, non-life insurance, and bundled insurance; e-banking services; and other services.

Viet Nam's top 10 companies by market capitalization

Viet Nam Science and Technology Commercial Joint Stock Bank

The Company's corporate banking products and services include term deposits and non-term deposits; Customized account packages; working capital loans, medium and long-term loans, supply chain financing; debt and money management; It also provides trade financing services such as import and export, domestic trade, as well as loans, payments, taxes, bidding, performance, guarantees and other guarantees. In addition, its corporate banking products and services include spot and forward transactions, as well as foreign exchange swaps; government and corporate bond trading services; commodity brokerage services; and commodities and interest rate derivatives, foreign exchange derivatives and structured products.

Viet Nam's top 10 companies by market capitalization

Viet Nam Technology Commercial Bank Techcombank

In addition, it provides investment banking services, including margin trading, investment research, securities custody and securities corporate action services; corporate finance and personal investment advisory services; and priority banking services. As of December 31, 2018, the Company conducted its business through 2 representative offices and 314 trading offices. Viet Nam Science & Technology Commercial Joint Stock Bank was established in 1993 and is headquartered in Hanoi, Viet Nam.

Viet Nam's top 10 companies by market capitalization

Viet Nam Technology Commercial Bank Techcombank

8.VinHomes

Vinhomes is a Viet Nam luxury villa developer, a subsidiary of Vingroup, which operates in industrial, technology and healthcare. Vinhomes is relatively comprehensive in real estate development, with low, medium and high-end development, but the proportion of low-end development is relatively high, reaching 63.6%. Vinhomes is currently developing and owning a number of residential and commercial real estate projects in Viet Nam – a country of 100 million people that was the fastest-growing country in Asia last year.

Viet Nam's top 10 companies by market capitalization

Vinhomes

Vinhomes is a member brand of the Vingroup. It is the No. 1 real estate development and management company in Viet Nam, leading the market for sustained growth with its excellent scale, execution speed and service quality, with the goal of becoming a world-class enterprise. In 2002, Vincom JSC was founded, formerly known as Vingroup AG, the parent company of Vinhomes. Listed on the Hanoi Stock Exchange in 2011. In 2018, it changed its name to Vinhomes Joint Stock Company and was listed on the Ho Chi Minh City Stock Exchange (HOSE), thus becoming the 3 largest companies in Viet Nam by market capitalization at that time. Launched the world-class megacity model, and opened Vinhomes Ocean Park and Vinhomes Smart City to external sales.

Viet Nam's top 10 companies by market capitalization

Vinhomes

9.VinGroup

Vingroup, the largest private group in South Africa, is helmed by Phan Ri Vaong, the richest man in Viet Nam. Phan Ri Vong started from scratch, made a fortune selling instant noodles in Ukraine, and later ventured into real estate and became the richest man in Viet Nam. Such a highly overlapping business experience with Xu Jiayin also gives him the label of "Viet Nam version of Xu Jiayin". Wenner Group's business includes real estate, supermarket retail, tourism and entertainment, life and health, smart phones and other aspects, and was successfully listed on the Ho Chi Minh City Stock Exchange in 2007.

Viet Nam's top 10 companies by market capitalization

Viet Nam's richest man Phan Ri Vong

The Wenner Group continues to expand. The initial starting point was the Vinpearl Resort in Nha Trang, known as the "Disneyland of Viet Nam" – the first major project that Phan Ri Vang won when he returned to China in 2001; Since then, Wenner Group has been like a vine that continues to stretch, penetrating its commercial tentacles into real estate, industry, agriculture, retail, medical care, education, mobile phones, automobiles, ...... The result, as one of their executives described, achieved a "cradle-to-grave all-business picture." In 2022, Wenner Group's revenue accounted for 2.2% of Viet Nam's national GDP – just 22 years after Phan Ri Vang started in Viet Nam.

Viet Nam's top 10 companies by market capitalization

Wenner Group

With Wenner Group, Phan Ri Vang became the richest man in Viet Nam, and he was also the first Viet Nam boss to appear on the Forbes rich list, known as "Viet Nam Li Ka-shing". Before founding VinFast in 2017 in the remote rural village of Gehai County, Phan Ri Vong did not even have a truly national car company in Viet Nam. Initially, VinFast's main products were internal combustion engine vehicles, environmentally friendly electric vehicles, electric motorcycles, and in 2018, the first gasoline vehicles were produced. In 2022, VinFast officially announced its plan to stop producing gasoline-powered vehicles and only produce electric vehicles from the end of this year. So far, VinFast has transformed into a new pure electric force, creating the largest IPO in Viet Nam.

Viet Nam's top 10 companies by market capitalization

Pan Riwang

10. Masan Group, a consumer holding company of Masan Group

Founded in 1996 and formerly known as Ma San Group Corporation, Viet Nam Masan Group, headquartered in Ho Chi Minh City, Viet Nam, is an investment holding company and one of the largest private companies in Viet Nam, engaged in the manufacture and distribution of food and beverage products in Viet Nam. From a manufacturing company to a large retail group with 30 factories, dozens of farms, and more than 3,500 supermarket chains, Masan has taken half of Viet Nam's modern retail market.

Viet Nam's top 10 companies by market capitalization

Viet Nam Mashan Group

Masan Group is an investment holding company engaged in the manufacturing, retail and distribution of food and beverage products in Viet Nam. The Company operates in three segments: Food & Beverage, Meat Value Chain, and Other. Mainly engaged in soy sauce, fish sauce, chili paste, instant noodles, instant coffee, instant cereal, bottled drinks, etc., the brands are: Nishikisu, Namgu, Tam Thai Tu, Omachi, Kokomi, Vinacafe, Awakening, Kachi, Vinh Hao, etc.

Viet Nam's top 10 companies by market capitalization

Masan Group

The Company is also engaged in pig farming, providing animal protein and meat processing. In addition, it produces, packages, and trades beer, condiments, and convenience foods. In addition, the Company explores and develops natural resources, primarily the Nui Phao polymetallic project in northern Viet Nam. In addition, it mines and processes non-ferrous and precious metals; and provide financial services. The company was formerly known as Masan Group Corporation, which was renamed as Masan Group Company in August 2009. Zhengshan Group was established in 2004 and is headquartered in Ho Chi Minh City, Viet Nam.

Viet Nam's top 10 companies by market capitalization

Ma San Supermarket

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