Update news VNR500
The Vietnam Report JSC and online newspaper VietNamNet on November 30 revealed the 500 largest enterprises in Vietnam (VNR500) and top 10 largest private companies this year.
VietNamNet Bridge - More and more Vietnamese manufacturers are calling for foreign investment to implement their business expansion plans.
For the first time in 10 years of the ranking called the VNR500, a list of the 500 largest Vietnamese companies, private businesses have shown stronger growth in comparison with SOEs (state owned enterprises) and FIEs (foreign invested enterprises).
As many as 41 local enterprises joined the “billion US dollar Club” for recording annual revenues of over 1 billion USD. They were listed among the country’s 500 largest enterprises (VNR500) in 2014.
The Vietnam National Gas and Oil Group (PetroVietnam) topped the list of Vietnam’s 500 largest enterprises (VNR500) in 2014, which was released by the Vietnam Report Joint Stock Company (Vietnam Report – VNR) at a ceremony in Hanoi on January 27.
VietNamNet Bridge - More than 73% of the chief executive officers (CEOs) of large enterprises in Vietnam were born in the 50s and 60s, according to statistics of the Vietnam Report released on Tuesday, January 27.
VietNamNet Bridge – Vietnam, for the first time in its history, has one enterprise meeting the requirements to be listed in the Fortune Global 500, the list of the global 500 biggest conglomerates worldwide.
While the Ministry of Planning and Investment (MPI) shows optimism when stating that there have been more newly set up businesses than dead enterprises, economists don’t.
The latest analysis by Vietnam Report has pointed out that most of the Vietnamese enterprises keep pessimistic about their business performance in 2013.