HCM City (VNA) – Forbes Vietnamon June 5 unveiled the top 50 listed companies in 2023, the 11th year it has released this list in the country.
The rankings are based on last year’saudited consolidated financial reports of the companies listed on the Ho ChiMinh Stock Exchange (HSX) and the Hanoi Stock Exchange (HNX).
Forbes Vietnam said total after-taxprofit of the 50 firms stands at over 228 trillion VND (9.7 billion USD) whiletheir combined revenue 1.49 quadrillion VND, respectively rising 18% and 24.9%from the 2022 list.
The Vietnam National Petroleum Group(Petrolimex) remains the biggest revenue earner with more than 304 trillion VND.Meanwhile, the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank)recorded the most after-tax profit, almost 29.9 trillion VND.
The top 50 listed companies aredivided into sectors, and most are leading firms or those already gaining afoothold in their sectors.
The rankings are dominated bybusinesses in the financial (banking, securities, insurance), essentialconsumer goods, and logistics industries. In contrast, representatives of thereal estate and material sectors halve.
There aren’t many new names in this year’s list compared to previous years,according to Forbes Vietnam.
In 2022, profits of listed companiesin general and those in the top 50 list hit a record level. However, during the listcompilation process, the magazine also saw that businesses are now facing themost trying times in about 10 years./.
Prime Minister Pham Minh Chinh had meetings with leaders from multinational corporations on June 25, advancing Vietnam’s infrastructure development as well as food processing sector, on the sideslines of the 16th Annual Meeting of the New Champions of the World Economic Forum (WEF) in Tianjin city.
According to UOB, following the US’s announcement of reciprocal tariffs of 46% on Vietnamese goods on April 2, around 80% of Vietnamese businesses have proactively taken measures to respond to potential impacts.
As one of the most prestigious annual international events in the industry, the expo serves as a prime platform for enterprises to connect, exchange valuable experience, and explore reliable collaboration opportunities with both domestic and international companies.
Organised by the Vietnamese Embassy and Trade Office, Vietnam's national booth showcases catalogues and product samples from over 30 Vietnamese companies, spanning key sectors such as agriculture, seafood, food and beverages, footwear, textiles, furniture, plastics, construction materials, and industrial machinery.
The pangasius industry is one of the country’s key foreign currency earners, with an annual export value of around 2 billion USD, accounting for 20% of Vietnam’s total seafood exports. The US remains one of the largest and most strategic markets for Vietnamese pangasius.
A Government Office notice on the Deputy PM’s conclusions at a recent meeting to review construction progress of the plants stressed that accelerating the development of power sources is essential and urgent to ensure energy security and meet the demands of two-digit socio-economic growth in the coming period.
It featured four discussions on key issues such as the Vietnam- Switzerland comprehensive partnership, Vietnam’s international financial centre, digital transformation and innovation, and global human resources and expansion of markets.
With rising protectionist policies for the steel industry, and the US imposing tariffs on steel exports, the sector has entered a challenging period. In response, many industry giants are returning to the domestic market.
As the most significant and high-profile event in the global logistics industry, FIATA World Congress 2025 is expected to gather over 1,200 delegates from more than 150 countries.
According to the State Bank of Vietnam (SBV), in the interbank market, the trend of decreasing overnight interest rates has continued, starting at 3.13% in the first session of last week and gradually decreasing over the sessions to 1.67% at the last session of the week. In total, overnight interest rates decreased by 1.46 percentage points within one week.
Huynh Tan Khanh, Secretary of the Party Committee of Ganh Hao, noted that the town strictly follows anti-IUU fishing directives and has partnered with local agencies to organise six awareness campaigns attended by nearly 500 fishermen. Some 130 boat owners and captains have also signed commitments to follow legal requirements and avoid entering foreign waters.
ChatGPT is not yet a threat to the real estate market as it can handle information quickly and effectively, but it’s here to support, not replace, human advisors.
As Vietnam moves forward, ESG, innovation and digital transformation will change the way businesses grow and how they are evaluated. This journey can’t rely on policy alone. It needs strong leadership, the right technology and, most importantly, skilled people who are ready to build a greener, more competitive economy.
Prime Minister Pham Minh Chinh affirmed that science, technology, innovation, digital transformation, green transition, and circular economy are offering limitless opportunities for bilateral collaboration.
Illustrative image (Source: Forbes Vietnam) 
