Vinaconex named among Southeast Asia’s 500 largest enterprises
Vinaconex’s debut on the Fortune SEA 500 not only recognises its remarkable development but also underscores the company’s pioneering spirit and expanding regional stature.
Vinaconex begins the installation of sixth passenger boarding bridge at Long Thanh International Airport. (Photo: VCG)
Hanoi (VNA) - Vietnam Construction and Import-Export Joint Stock Corporation (Vin🍬aconex) has been listed for the first time among the Fortune Southeast Asia 500 (Fortune SEA 500), which꧋ ranks the region’s 500 largest enterprises.
The 2025 list includes 76 Vietnamese companies, highlighting Vietnam's growing economic presence in the region.
Vinaconex’s inclusion marks a significant milestone in the company’s journey towards regional integration and global outreach, as a prominent Vietnamese brand in construction, real estate, and financial investment.
Despite ongoing economic challenges in 2024, Vinaconex reported strong and stable performance across its three strategic pillars. The corporation recorded consolidated revenue of 13.176 trillion VND (504.5 million USD), with consolidated post-tax profit reaching 1.108 trillion VND, 117% of the annual target. The parent company alone posted 9.746 trillion VND in revenue and 861 billion VND in post-tax profit, fulfilling its plan and marking its highest figures in recent years.
For 2025, Vinaconex has targeted 15.5 trillion VND in consolidated revenue and 1.2 trillion VND in post-tax profit, with plans to maintain its dividend payout at 16%.
Vinaconex’s debut on the Fortune SEA 500 not only recognises its remarkable development but also underscores the company’s pioneering spirit and expanding regional stature.
Fortune SEA 500 is a prestigious corporate ranking system, celebrating the top-performing enterprises in Southeast Asia and reinforcing the region’s role as a global hub for manufacturing, trade, and investment.
This is the second consecutive year that Fortune has released the Southeast Asia 500 list, covering major economies including Vietnam, Indonesia, Thailand, Malaysia, Singapore, and the Philippines. Vietnam’s representation grew from 70 companies in 2024 to 76 in 2025./.
The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The HCM City Department of Construction will publish detailed project information on its official portal and has been instructed to inspect four other projects with foreign involvement in sensitive areas: Hung Vuong 1 – R16, Hung Vuong 2 – R13, Star Hill – C15B (former District 7), and The Prince Residence (former Phu Nhuan district).
Authorities are now looking ahead to revising the Law on Tax Administration to ensure fair, convenient and transparent tax policies for all business models, especially household businesses.
According to the Ministry of Agriculture and Environment (MAE), Vietnam exported an estimated 953,900 tonnes of coffee worth 5.45 billion USD in the first six months of 2025, increasing by 5.3% in volume and 67.5% in value compared to the same period in 2024.
In a report on the capital city's property market in Q2 2025 published on July 10, CBRE experts revealed that nearly 6,850 new apartment units were put on the market in Q2, almost doubling the supply from the first quarter.
Aquatic exports stood at 950 million USD in June, bringing total revenue for the first six months to 5.16 billion USD, an increase of 16.9% over the same period last year.
The deal is expected to help local businesses better integrate into global supply chains, increase exports, and accelerate Tay Ninh’s transformation into a logistics and trade hub in the southeastern region.
Statistics show that over 1.24 million people have completed immigration procedures at the Huu Nghi International Border Gate since January, including more than 430,000 with passports (up 5.8%) and over 810,000 with travel permits (up 22.5%). Most travellers are Chinese and Vietnamese citizens crossing for tourism, family visits, or business purposes.
Six memorandums of understanding (MoUs) will be signed in the fields of infrastructure and urban development on this occasion. In addition, Hai Phong will grant investment licences to 23 major projects with a total registered capital of approximately 15 billion USD.
A business networking event connecting domestic enterprises in Quang Tri with international partners from strategic markets, including Thailand, Japan, China, and Laos, was opened in the central province on July 10.
Retail fuel prices rose slightly from 3:00 pm on July 10, following the latest adjustment by the Ministry of Industry and Trade, and the Ministry of Finance.
Inflationary pressure in the second half of 2025 would remain moderate, as factors driving prices up and down are expected to balance each other out. Assuming the CPI rises by an average of 0.27% per month, matching the average increase in the last six months of the 2015-24 period, the average inflation rate for 2025 is forecasted at 3.4%.
Le Dinh Ba, Trade Counsellor at the Vietnam Trade Office, said the national pavilion enabled small- and medium-sized enterprises to participate by sending products and catalogues. The exhibition offered a valuable platform for Vietnamese businesses to showcase their capabilities, connect with buyers, and build long-term trade relationships.
The new decree, which took effect on July 8, 2025, revises the minimum production volume criteria for enterprises seeking to benefit from preferential import tariffs on automotive components under the preferential tariff programme. This policy aims to support domestic vehicle manufacturers and assemblers, particularly those producing environmentally friendly models.
The small-sized banking group is expected to have the strongest growth rate of up to 35% thanks to boosting real estate credit from a low base and starting to accelerate bad debt handling.
According to Xuan Truong’s proposal, the airport would be developed in Y Yen commune and funded by Ninh Binh’s local budget and private capital, without central Government funding.
For the first half of 2025, the IIP rose by 9.2% compared to the same period last year, marking the highest growth rate since 2020, the office reported.
The first phase of HCM City's Metro Line No. 2, stretching 11.3km with 10 underground and one elevated station, was approved in 2010 with an estimated cost of 26 trillion VND (994 million USD). That figure was revised to nearly 47.9 trillion VND (1.8 billion USD) in 2019 after delays and cost escalations.
