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500 most profitable enterprises in Vietnam announced

The Vietnam Report has just announced the Profit 500 list, featuring the top 500 most profitable enterprises in Vietnam this year.
500 most profitable enterprises in Vietnam announced ảnh 1Techcombank included in Profit 500 list (Photo: VNA)

Hanoi (VNA) -
The Vietnam Report has just announced the Profit 500 list, featuring the top 500 most profitable enterprises in Vietnam this year.

Prominent in thelist are Vingroup, Vietnam Technological and Commercial Joint Stock Bank (Techcombank), Vietnam Dairy Products JSC (Vinamilk), Vietnam Prosperity Joint StockCommercial Bank (VPBank), Military Commercial Joint Stock Bank (MBBank), Hoa Phat GroupJSC, Asia Commercial Joint Stock Bank (ACB), and Truong Hai AutoCorporation.

In the 2020 Profit500,firms in construction, building materials and real estate accounted for 23.9 percent;finance, 11.6 percent; food and beverages, 10.9 percent; and electricity, 6.3percent.  

The return on asset(ROA) of the enterprises reached 11.4 percent, a slight decreaseas compared to 11.9 percent recorded in the previous year.

However, their returnon equity (REO) increased 21.7 percent, higher than 20.9 percent of the year before.

Apart from the Profit500, the Vietnam Report also conducted a survey which unveils that 77.1 percentof the interviewed businesses have completed more than half of their yearlyrevenue target, with 31.6 percent of them fulfilling more than 80 percent./.
VNA

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