VietNamNet Bridge - Of the Forbes’ list of 200 best companies in Asia with revenues under $1 billion in 2013, there are 10 businesses from Vietnam, up by two from 2012.
The list was released by Forbes Asia in Singapore on August 1 shows that China (including Hong Kong) continues to lead with 63 businesses.
Taiwan also has up to 26 firms, ranked second.
Meanwhile, Japan has 17 companies compared with 4 or less in the previous years.
"The results also suggest positive outlook for recovery of the Japanese economy," said Forbes Asia editor Tim Ferguson.
Forbes Asia’s editors, drawing on databases of 15,000 stock-traded companies in Asia-Pacific with revenues between $5 million and $1 billion, winnowed the choice to 873 that satisfied the following criteria: five-year average return on equity and pretax margin greater than 10%, positive sales and earnings per share growth for both the most recent fiscal one and three-year periods, debt less than 75% of shareholders’ equity, and a trading history of at least on year.
Ten Vietnamese firms in the list:
Company |
Latest fiscal year (Million USD) |
Value (Million USD) |
|
Revenue |
Profit after tax |
||
Ninh Hoa Sugar JSC |
45 |
4 |
18 |
Vietnam Container JSC |
37 |
11 |
52 |
Central Seeds and Seedlings JSC |
26 |
4 |
38 |
Dinh Vu Port |
23 |
9 |
65 |
Stock Seeds and Seedlings JSC |
22 |
3 |
28 |
Packaging and Vegetable Oil JSC |
17 |
2 |
12 |
Binh Dinh Minerals JSC |
16 |
4 |
31 |
SAFI Transport Agent JSC |
16 |
2 |
8 |
Pan Pacific Industrial Hygiene |
14 |
4 |
17 |
Hanoi Educational Book JSC |
7 |
1 |
4 |
Countries and territories |
Number of companies in the list |
China and Hong Kong |
63 |
Taiwan |
26 |
India |
19 |
South Korea |
18 |
Japan |
17 |
Malaysia |
12 |
Australia |
12 |
Vietnam |
10 |
Thailand |
8 |
Singapore |
7 |
Indonesia |
7 |
Pakistan |
3 |
Philippines |
1 |
Na Son