The top 10 in the 2024 list of the top 500 fastest growing enterprises in Vietnam.
Hanoi (VNA) – The 2024 listof the top 500 fastest growing enterprises in Vietnam (FAST500) has been releasedby the Vietnam Report JSC.
The top 10 businesses consist of Binh ThuanPlastic Group JSC, HD Securities Corporation, Orient Securities Corporation, ImediaTechnology and Services JSC, SOL E&C Construction Investment JSC, Vietnam VitadairyMilk JSC, Taseco Land Investment JSC, Stellapharm J.V. Co. Ltd, CNC TechnologySolutions JSC, and Bee Logistics Corporation.
The rankings were based on severalcriteria, including compound annual growth rates, total assets,equity, pre-tax profits, and media reputation.
Asidefrom releasing the FAST500 rankings, the Vietnam Report JSC also announced the results of abusiness survey.
Accordingly, 51.7% and 46.7% of theinterviewed companies said they failed to achieve last year’s revenue andprofit targets, respectively. Both the rates of companies reaching andsurpassing the two targets were lower than in 2021 - 2022. Notably, the ratesof those with declined revenue and profits increased almost twice and 1.5-foldcompared to the same period of 2021 - 2022.
GeneralDirector of the Vietnam Report JSC Vu Dang Vinh said after a trying period, it is noteasy to shore up market confidence, as well as business confidence. In particular,as difficulties still linger on, even staying afloat becomes a considerablechallenge to enterprises.
He cited statistics showing thatthe number of companies withdrawing from the market in the first two months of2024 was higher than the figure of firms entering the market and resuming operations. Amongthem, the number of enterprises suspending operations topped 49,000, up 27.1%year on year.
Vinhnoted that though grey still dominates the panorama, it is encouraging that businessoptimism has improved in part. In the survey, conducted in January - February, businessesrated the economic prospect 3.5 out of 5 – higher than in 2023, and their ownprospect 3.8.
Enterprise optimism can create apositive cycle, he said, adding that it also reflects their readiness to face challengesand seek opportunities in all circumstances, along with their confidence andadaptability in a challenging business environment./.
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The probe, initiated on June 11 following a petition by the US Coalition for Fair Trade in Hardwood Plywood, targets products classified under HS Code 4412 and 9403 imported from China, Indonesia and Vietnam.
Sun PhuQuoc Airways was born as a perfect piece in Sun Group’s strategic vision to build a premium ecosystem of tourism, entertainment, real estate, and aviation. With a pioneering ambition, Sun PhuQuoc Airways is not just an airline, but a symbol of connection – bringing the world to Phu Quoc and taking Phu Quoc to the world.
A key change in the draft decree is a provision requiring bank transfers for gold transactions valued at 20 million VND (765 USD) and above, to enhance transparency and verify customer identities.
In the first four months of 2025, trade turnover between Vietnam and Cambodia surpassed 3 billion USD, marking a 7% increase compared to the same period in 2024.
On June 19 alone, a total of 2,005 trucks completed customs clearance at Lang Son’s border gates — the highest single-day figure ever recorded in the province. Of these, 634 carried exports and 1,371 imports.
The OECD Economic Surveys: Vietnam 2025 report focuses on analysing the country’s macroeconomic fundamentals, the impact of international integration on attracting foreign investment and trade, and the country’s prospects for developing a low-carbon economy.
Antoine Colin, Senior Vice President for Global Supply Chain Digital Transformation & Resilience at HP Inc., affirmed HP’s strategic commitment to building a supply chain and ecosystem in Vietnam and the region.
Deputy Director General of the Ministry of Industry and Trade (MoIT)’s Trade Promotion Agency Bui Quang Hung emphasised that logistics has evolved from a technical function into a core capability for Vietnamese exporters to maintain their competitive advantage in the US market.
A trade official has suggested companies work closely with shipping lines, airlines, and freight forwarders to monitor routes, transit times, and potential surcharges while exploring broader cargo insurance to cover risks like war and terrorism.
In addition to institutional reform, the agency is also rolling out key solution groups to combat counterfeit goods, imitations, and intellectual property infringements in the digital environment.
The event, co-organised by the Vietnam Trade Office in the UK and TT Meridian, a local importer of Vietnamese fresh produce, aims to build a national lychee brand and encourage broader recognition of Vietnamese fruits in a competitive, high-end market.
The industry's performance has been powered by bold investments in modern production lines, enabling Vietnamese firms to produce complicated products which were exclusive to advanced economies.
The top 10 in the 2024 list of the top 500 fastest growing enterprises in Vietnam. 
