Dairy giant Vinamilk maintains its top position in the list of 40 most valuable brands in 2018 of Forbes Vietnam (Photo: VNA)
HCM City (VNA) – ๊Forbes Vietnamheld a ceremony on August 23 to honour the 40 most valuable brands in Vietnamin 2018.
The total value of those companies isestimated at nearly 8.1 billion USD, an increase of about 50 percent comparedto the 2017 list. The surge is attributed to the robust growth of Vietnam’sstock market, which drives up the average price-earnings ratio in most sectors. Consumer good businesses still dominatethis year’s list, meanwhile those in the finance-banking sector narrow the gap asmore commercial banks list their shares on the stock market. Dairy giant Vinamilk maintains its topposition in the list, with an estimated brand value of 2.28 billion USD, muchhigher than the 1.7 billion USD last year. The company is followed bymilitary-run telecom firm Viettel with 1.39 billion USD. State-owned Vietnam Posts andTelecommunications Group (VNPT) takes over third position from Vingroup,Vietnam's largest real estate company. With a value of 416 million USD, VNPT getsits name in the list for the first time. The other brands in the top ten are thecountry’s biggest brewery Sabeco (393 million USD), Vinhomes, the residentialproperty arm of Vingroup (384 million USD), Vinaphone, one of Vietnam’s bigthree mobile operators and belonging to VNPT (308 million USD), Vingroup (307.2million USD), food and beverage producer Masan Consumer (238 million USD),Vietcombank (177.9 million USD), and tech giant FPT (169 million USD). Vinhomes and Vinaphone are also newcomersin the list. Forbes compiled the list by looking atbrands' incomes before and after tax based on their financial reports and dataon the stock market.-VNA
Forbes Vietnam has announced Vietnam’s 50 top listed companies for 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.
Experts forecast that the Vietnamese economy will grow by more than 6.8 percent in the last half of this year at the Forbes Vietnam Business Forum 2018 held in Ho Chi Minh City on July 26.
Forbes Vietnam on July 26 organised a ceremony to honour Vietnam’s top 50 listed companies in 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges.
Forbes Vietnam has recently released its third annual list of the 40 most valuable brands in Vietnam in 2018, estimating their total value at 8.1 billion USD, an increase of 30 percent compared to the 2017 list.
China’s Laoling city, in coordination with VINEXAD, hosted a series of events in Ho Chi Minh City from August 7-9 to seek trade and economic cooperation with Vietnam.
Vietnamese Ambassador to Cambodia Nguyen Minh Vu led a delegation to Mondulkiri, Ratanakiri, and Kratie provinces from August 5-8, aiming to deepen economic ties and support Vietnamese businesses operating in Cambodia’s northeastern region.
Party General Secretary To Lam’s upcoming state visit to the Republic of Korea (RoK) is expected to mark a new milestone in the bilateral relationship, creating fresh momentum for trade and investment cooperation between the two countries.
In the context of the growing global digital economy, digital transformation and the promotion of e-commerce are key drivers helping Vietnam boost integration, enhance competitiveness, and expand export markets, according to the Vietnam E-commerce and Digital Economy Agency
Tilapia is considered highly competitive in export markets thanks to its affordability, ease of processing, and appeal across both high-end and mass-market segments.
In the first seven months of the year, Phu Tho attracted an impressive 651.7 million USD in foreign direct investment, including 35 newly licensed projects totaling 119 million USD in registered capital and 45 existing projects with an additional capital of 533 million USD.
Under the agreements, VinEnergo will invest in, install, and operate 43 MWp of rooftop solar power capacity and 45 MWh of BESS capacity across the three plants.
Under a draft to amend and supplement the Government's Decree 125/2020/ND-CP on administrative sanctions for violations of tax and invoice regulations, the Ministry of Finance has proposed classifying the failure to issue invoices into five different levels. Infraction levels will correspond to fines of 1 million VND to 80 million VND, depending on the nature and number of invoicing violations.
A new airline developed and invested by Sun Group — has officially announced a strategic partnership with Amadeus IT Group (Amadeus), one of the world’s leading travel technology companies. This agreement not only lays the foundation for a modern digital infrastructure but also marks a pivotal step in SPA’s global expansion strategy, enabling the airline to access international distribution networks and reach customers worldwide.
Of the total, 107,700 were new firms, with combined registered capital of 928.4 trillion VND (35.4 billion USD), up 10.6% in number and 5.5% in capital compared with the same period last year.
Experts agree that a combination of technology, enforcement, education and cross-border cooperation is essential to protect copyrighted content in Vietnam’s growing digital ecosystem.
Poland is Vietnam’s largest export market in Central and Eastern Europe, with key staples including seafood, textiles, footwear, coffee, and cashew nuts.
Cashless payments are growing at an impressive rate, averaging 30–40% annually. Vietnam’s per capita cashless transaction volume now trails only China, with total value of 295.2 quadrillion VND (11.26 trillion USD), or 26 times of its GDP.
A draft resolution on piloting a digital asset and cryptocurrency market is being developed, aiming to create a broad-enough regulatory sandbox that enables investor participation and provides practical grounds for policy refinement in areas such as risk management and anti-money laundering.
Dairy giant Vinamilk maintains its top position in the list of 40 most valuable brands in 2018 of Forbes Vietnam (Photo: VNA) 
