Customers conduct transactions at a branch of Vietcombank in Hanoi. (Photo: VNA)
Hanoi(VNA) – Hoa Phat Group and four commercial banks of Vietnam have been named in thisyear’s Forbes list of the world’s 2,000 largest companies (Global 2000).
In thelatest ranking, Joint Stock Commercial Bank for ForeignTrade of Vietnam (Vietcombank) ranks at the 950th position while Vietnam Technological and Commercial Joint StockBank (Techcombank) stands at 1,874th.
This year,Hoa Phat Group is named on the list for the first time with revenues of 1.5billion USD and market value of 8.53 billion USD.
The totalcapitalisation of the four Vietnamese banks on the list reached 46.84 billionUSD, in which the market value of Vietcombank accounted for more than 36 percent..
Forbes saidthat despite the challenges of the COVID-19 pandemic and Russia-Ukraine conflict, the world’s top companiesstill managed to boost sales and profits last year. Besides, the stock values ofcompanies also dropped as inflation and bearish market hindered economicrecovery.
BerkshireHathaway of billionaire Warren Buffett took the No. 1 spot for the first time since Forbes started publishing Global 2000 in 2003, dethroning the Industrial and Commercial Bank ofChina, which dropped to No. 2 after nine consecutive years at the top of thelist, it said.
Big oil groups rebounded rapidly from last year’s low ranks thanks to rising oil prices.ExxonMobil rose from 317th in 2021 to15th this year, while Shell jumped to 16th from 324th. Both companies sawprofits swing back into positive territory after last year’s losses.
Compared tolast year, the minimum capitalisation of companies plummeted from 8.26 billionUSD to 7.6 billion USD. However, the minimum levels of other indexes allincreased over the same period.
Companies inGlobal 2000 recorded a total of 47.6 trillion USD in revenue, 5 trillion USD inprofits, 233.7 trillion USD in assets, and 76.5 trillion USD in marketcapitalisation.
There are 58countries repre🍷sented in the 2022 list, 🎐in which, the US is the leading nation with 590 companies, followed by China (including Hong Kong) with 351 companiesand Japan with 196 companies./.
The PetroVietnam Gas Joint Stock Corporation (PV GAS) has been named among the top 50 listed companies 2021 by Forbes Vietnam for the 9th consecutive year.
Forbes Vietnam has unveiled a list of the top 25 valuable financial brands in Vietnam, which are worth a combined 3.95 billion, with HDBank in the top eight with a value of 162 million USD.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
Customers conduct transactions at a branch of Vietcombank in Hanoi. (Photo: VNA) 
