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
market

(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