Vietnam is the easternmost country on the Indochina Peninsula in Southeast Asia. For much of its history, Vietnam was a predominantly agricultural civilization based on wet rice cultivation. There is also an industry for bauxite mining in Vietnam, an important material for the production of aluminum. The Vietnamese economy is shaped primarily by the Vietnamese Communist Party in Five Year Plans made through the plenary sessions of the Central Committee and national congresses.
Manufacturing, information technology and high-tech industries now form a large and fast-growing part of the national economy. Though Vietnam is a relative newcomer to the oil industry, it is currently the third-largest oil producer in Southeast Asia, with a total 2011 output of 318,000 barrels per day (50,600 m/d). In 2010, Vietnam was ranked as the 8th largest crude petroleum producers in the Asia and Pacific region. Like its Chinese neighbours, Vietnam continues to make use of centrally planned economic five-year plans.
For further information on the types of business entities in this country and their abbreviations, see "Business entities in Vietnam".
Largest firms
Main article: List of largest companies in VietnamThis list shows firms in the 2017 Forbes Global 2000, which ranks firms based on four measures: sales, profit, assets and market value. The list only includes publicly traded firms.
Rank | Image | Name | Sales (US$M) | Profit (US$M) | Assets (US$M) | Market Cap (US$M) |
---|---|---|---|---|---|---|
1633 | Vietinbank | 2,700 | 304 | 41,700 | 3,000 | |
1656 | Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) | 2,100 | 305 | 34,600 | 5,800 | |
1682 | Bank for Investment and Development of Vietnam (BIDV) | 3,300 | 275 | 44,200 | 2,600 | |
1888 | Vinamilk | 2,100 | 396 | 1,300 | 9,100 |
Notable firms
This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes | Status | |
---|---|---|---|---|---|---|---|
Air Mekong | Consumer services | Airlines | Phú Quốc | 2009 | Scheduled airline, defunct 2013 | P | D |
Airports Corporation of Vietnam | Consumer services | Airlines | Ho Chi Minh City | 2012 | Government-owned airline | S | A |
An Giang Coffee | Consumer services | Beverages | Đồng Nai Province | 2004 | Coffee | P | A |
Appota Corporation | Technology | Software | Hanoi | 2011 | Mobile apps | P | A |
Asia Commercial Bank (ACB) | Financials | Banks | Ho Chi Minh City | 1993 | Private bank | P | A |
Bank for Investment and Development of Vietnam (BIDV) | Financials | Banks | Hanoi | 1957 | State bank | S | A |
Bao Viet Holdings | Financials | Full line insurance | Hanoi | 1964 | Include Bao Viet Insurance, Life, Securities, and Bank | S | A |
Bidiphar | Health care | Pharmaceuticals | Qui Nhơn | 1995 | Pharma | P | A |
Bien Hoa Sugar | Consumer goods | Food products | Biên Hòa | 1969 | Sugar | P | A |
Bien Viet Securities | Financials | Investment services | Hanoi | ? | Investments | P | A |
Binh Minh Plastic | Basic materials | Commodity chemicals | Ho Chi Minh City | 1977 | Plastics | P | A |
Casumina | Consumer goods | Tires | Ho Chi Minh City | 1976 | Tire, rubber | P | A |
Central Service Flight Company | Consumer services | Airlines | Da Nang | ? | Charter helicopters | S | A |
Cuulong Fish | Consumer goods | Farming & fishing | Long Xuyên | 2003 | Fishery | P | A |
Đại Cát Tường | Consumer goods | Clothing & accessories | Quảng Ngãi | 2005 | Textiles, part of Vinatex | P | A |
FPT Group | Technology | Software | Hanoi | 1988 | IT consulting and development | P | A |
Gmobile | Telecommunications | Mobile telecommunications | Hanoi | 2012 | Mobile network | P | A |
Habeco | Consumer goods | Brewers | Hanoi | 1890 | Beer | P | A |
Hai Au Paper | Basic materials | Paper | Haiphong | ? | Paper products | P | A |
Hai Ha Confectionery | Consumer goods | Food products | Hanoi | 1960 | Confectionary | P | A |
Hanoi Beer | Consumer goods | Beverages | Hanoi | 2003 | Beer | P | A |
Hanoi Radio Television | Consumer services | Broadcasting & entertainment | Hanoi | 1954 | Radio and television | P | A |
Hanoimilk | Consumer goods | Beverages | Vĩnh Phúc | ? | Milk and dairy | P | A |
Hanoi Stock Exchange | Financials | Stock exchange | Hanoi | 2005 | Owned by Vietnam Ministry of Finance | S | A |
Highlands Coffee | Consumer services | Restaurants & bars | Hanoi | 1998 | Coffee chain | P | A |
Hoa Cam Concrete | Industrials | Building materials & fixtures | Da Nang | ? | Concrete | P | A |
Hoang Anh Gia Lai Group | Conglomerates | - | Pleiku | 1990 | Consumer goods, financials, industrials, basic materials | P | A |
Hue Beer | Consumer goods | Brewers | Huế | 1990 | Brewery | P | A |
Indochina Airlines | Consumer services | Airlines | Ho Chi Minh City | 2008 | Defunct 2009 | P | D |
Isuzu Vietnam | Consumer goods | Automobiles | Ho Chi Minh City | 1995 | P | A | |
Khaisilk | Consumer services | Restaurants & bars | Ho Chi Minh City | ? | Restaurants | P | A |
Kim Dong Publishing House | Consumer services | Publishing | Da Nang | 1957 | Children's books | P | A |
Kinh Do Corporation | Consumer goods | Food products | Ho Chi Minh City | 1993 | Food conglomerate | P | A |
LienVietPostBank | Financials | Banks | Hanoi | 2008 | Bank | P | A |
Mekong Auto | Consumer goods | Automobiles | Ho Chi Minh City | 1991 | P | A | |
Mekong Capital | Financials | Equity investment instruments | Ho Chi Minh City | 2001 | Private equity | P | A |
MobiFone | Telecommunications | Mobile telecommunications | Hanoi | 1993 | Mobile network | P | A |
Nafovanny | Health care | Life sciences | Long Thành | 1994 | Primate captive-breeding | P | A |
Northern Vietnam Helicopter Company | Consumer services | Airlines | Hanoi | ? | Charter helicopter | P | A |
Orient Commercial Joint Stock Bank | Financials | Banks | Ho Chi Minh City | 1996 | Bank | P | A |
Pacific Airlines | Consumer services | Airlines | Ho Chi Minh City | 1991 | Low-cost airline | P | A |
Petrolimex | Oil & gas | Oil & gas producers | Hanoi | 1956 | State petroleum | S | A |
Petrolimex Gas | Oil & gas | Oil & gas producers | Hanoi | 1998 | LNG, Part of Petrolimex | S | A |
Petrovietnam | Oil & gas | Oil & gas producers | Hanoi | 1977 | State oil & gas | S | A |
PetroVietnam Finance Corporation | Financials | Specialty finance | Hanoi | 2000 | Non-banking finance, part of Petrovietnam | S | A |
PetroVietnam Insurance | Financials | Full line insurance | Hanoi | 1996 | Insurance, part of Petrovietnam | S | A |
Phu My Hung Corporation | Industrials | Heavy construction | Ho Chi Minh City | 1993 | Infrastructure | S | A |
Phu Phong Glass Joint Stock Company | Industrials | Building materials & fixtures | Ho Chi Minh City | ? | Glass | P | A |
Phuoc Sang Films | Consumer services | Broadcasting & entertainment | Ho Chi Minh City | 2004 | Film studio | P | A |
PJICO | Financials | Full line insurance | Hanoi | 1995 | Insurance, Part of Petrolimex | S | A |
Sabeco Brewery | Consumer goods | Brewers | Ho Chi Minh City | 1977 | Saigon Beer | S | A |
SAMCO | Consumer goods | Automobiles | Ho Chi Minh City | 1975 | P | A | |
Sara Vietnam | Industrials | Business training | Hanoi | 2002 | Technology education | P | A |
Savimex | Consumer goods | Furnishings | Ho Chi Minh City | 1985 | Furniture | P | A |
Sendo.vn | Consumer goods | E-commerce | Ho Chi Minh City | 2012 | A subsidiary of FPT Corporation | P | A |
S-Fone | Telecommunications | Mobile telecommunications | Ho Chi Minh City | 2003 | Mobile network | P | A |
Shipbuilding Industry Corporation | Industrials | Shipbuilding | Hanoi | 2013 | Established based on restructured Vietnam Shipbuilding Industry Group | P | A |
Southern Seed | Consumer goods | Farming & fishing | Ho Chi Minh City | 1998 | Seeds | P | A |
Southern Service Flight Company | Consumer services | Airlines | Vũng Tàu | ? | Charter helicopters | S | A |
Tan Tao Group | Industrials | Heavy construction | Ho Chi Minh City | 1996 | Infrastructure development | P | A |
THACO | Consumer goods | Automobiles | Ho Chi Minh City | 1997 | P | A | |
Thế Giới Publishers | Consumer services | Publishing | Hanoi | 1957 | Publisher | P | A |
TMA Solutions | Technology | Software | Ho Chi Minh City | 1997 | Software development and outsourcing | P | A |
Tre Publishing House | Consumer services | Publishing | Ho Chi Minh City | 1986 | Book and magazine publisher | P | A |
Trung Nguyên | Consumer goods | Beverages | Ho Chi Minh City | 1996 | Coffee | P | A |
TVM Comics | Consumer services | Publishing | Ho Chi Minh City | 2007 | Comic publisher | P | A |
Vietcombank | Financials | Banks | Hanoi | 1963 | Commercial bank | P | A |
Vietinbank | Financials | Banks | Hanoi | 1988 | State bank | S | A |
VietJet Air | Consumer services | Airlines | Hanoi | 2011 | Low-cost airline | P | A |
Vietnam Air Services Company | Consumer services | Airlines | Ho Chi Minh City | 1987 | Airline, part of Vietnam Airlines | S | A |
Vietnam Airlines | Consumer services | Airlines | Hanoi | 1956 | Flag-carrier airline | S | A |
Vietnam Asset Management | Financials | Equity investment instruments | Ho Chi Minh City | 2006 | Fund management | P | A |
Vietnam Bank for Agriculture and Rural Development | Financials | Banks | Hanoi | 1988 | Agribank | P | A |
Vietnam Electricity | Utilities | Electricity | Hanoi | 1954 | Power company | S | A |
Vietnam Helicopter Corporation | Consumer services | Airlines | Hanoi | 1979 | State charter helicopters | S | A |
Vietnam Multimedia Corporation | Consumer services | Media | Hanoi | 2003 | General media firm | S | A |
Vietnam Petroleum Institute | Oil & gas | Oil & gas exploration & production | Hanoi | 1978 | Research and exploration | S | A |
Vietnam Posts and Telecommunications Group (VNPT) | Conglomerates | - | Hanoi | 2006 | Telecommunications, financials, technology | S | A |
Vietnam Railways | Industrials | Railroads | Hanoi | 1881 | State railway | S | A |
Vietnamobile | Telecommunications | Mobile telecommunications | Hanoi | 2009 | Mobile network, acquired EVNTelecom in 2011) | P | A |
Vietsovpetro | Oil & gas | Oil & gas exploration & production | Vũng Tàu | 1981 | Oil & gas exploration | P | A |
Viettel | Telecommunications | Mobile telecommunications | Hanoi | 2004 | State mobile network | S | A |
Viglacera Corporation | Industrials | Building materials & fixtures | Hanoi | 1974 | Construction materials | P | A |
Vinacafe | Consumer goods | Food products | Biên Hòa | 1969 | Coffee and cereals | P | A |
Vinacomin | Basic materials | Coal | Hạ Long | 1995 | State coal mining | S | A |
Vinamilk | Consumer goods | Beverages | Ho Chi Minh City | 1976 | Dairy | S | A |
Vinaphone | Telecommunications | Mobile telecommunications | Hanoi | 1996 | Part of Vietnam Posts and Telecommunications Group | S | A |
Vinare | Financials | Reinsurance | Hanoi | 1995 | Commercial reinsurance | P | A |
Vinatex | Consumer goods | Clothing & accessories | Hanoi | 1995 | Textiles | S | A |
Vinavico Group | Industrials | Heavy construction | Hanoi | 2003 | Infrastructure and power construction | P | A |
Vinaxuki | Consumer goods | Automobiles | Hanoi | 2004 | Defunct 2015 | P | D |
VinFast | Consumer goods | Automobiles | Haiphong | 2017 | Subsidiary of Vingroup | P | A |
Vingroup | Conglomerates | - | Hanoi | 1993 | Automobiles, consumer goods, financials, industrials, basic materials, real estate development, retail, services, healthcare, hospitality, pharmaceuticals, technology | P | A |
VNG Corporation | Technology | Internet | Ho Chi Minh City | 2004 | Online content and games | P | A |
World Auto | Consumer goods | Automobiles | Ho Chi Minh City | 2006 | Volkswagen assembly | P | A |
- Keangnam Hanoi Landmark Tower in the Từ Liêm District.
- State Bank of Vietnam in Ho Chi Minh City.
- Saigon Port in Ho Chi Minh City.
See also
References
- "Vietnam". United States Energy Information Administration. 2011. Retrieved 6 November 2012.
- Fong-Sam, Yolanda (August 2012) "Vietnam" in 2010 Minerals Yearbook. USGS. Archived 2 March 2013 at the Wayback Machine
- "The World's Biggest Public Companies List". Forbes.com. 2017-05-24. Retrieved 2017-12-16.
- Murphy, Andrea (2017-05-24). "2017 Global 2000 Methodology: How We Crunch the Numbers". Forbes.com. Retrieved 2017-12-16.
- "Pjico - the brand of a vision - Petrolimex : Vietnam National Petroleum Group". Petrolimex. Retrieved 2017-12-16.
- "Savimex Corporation: Private Company Information". Bloomberg. Retrieved 2017-12-16.
- "Southern Seed on the Forbes Asia's 200 Best Under A Billion List". Forbes.com. Retrieved 2017-12-16.
- "Viglacera Corporation: Private Company Information". Bloomberg. Retrieved 2017-12-16.
- "Vietnam National Textile and Garment Group: Private Company Information". Bloomberg. 2017-01-03. Retrieved 2017-12-16.