Ngan Tin Group, FPT Long Chau, South Asia Informatics Technology JSC, Stellapharm Joint Venture Company Limited, and Taseco Group JSC are among the companies featured in the FAST500 rankings.
Hanoi (VNA) —❀ Vietnam Report Joint Stock Company (Vietnam Report) on March 7 announced the top 500 fastest-growing enterprises in Vietnam (FAST500).
The rankings are primarily based on the compound annual growth rate (CAGR) in terms of revenue, total assets, equity, pre-tax profit, reputation.
Ngan Tin Group, FPT Long Chau, South Asia Informatics Technology JSC, Stellapharm Joint Venture Company Limited, and Taseco Group JSC are among the companies featured in the FAST500 rankings.
Vietnam Report General Director Vu Dang Vinh said that as Vietnam’s economy is on a strong recovery trajectory, the FAST500 business community is expected to maintain stable development momentum, affirming their role in driving economic growth and shaping development trends when the country enters a new era.
On this occasion, Vietnam Report conducted a survey among companies to present an overall picture of Vietnamese businesses, the most important factors contributing to their growth over the past year, and their operation directions in the time ahead.
In 2025, Vietnam's economy is viewed positively by international organisations, with GDP growth forecast to range from 6.5% to 8% due to favourable production, trade, and FDI inflows. Meanwhile, the Vietnamese government aims for growth above 8% and expects to achieve double-digit growth in the upcoming period, focusing on a reasonably expansive fiscal policy, promoting public investment, and keeping inflation below 4.5%.
Through the survey, Vietnam Report also noted optimistic sentiment in 2025, as most companies expect Vietnam to achieve impressive economic growth.
Some 23.6% of them said it is feasible for Vietnam to achieve an economic growth of 7-7.5%, while 21.4% hoped for a growth rate of 7.5-8%, and only 19.3% expected a growth rate of 6.5-7%. Notably, about 17.1% forecast GDP growth to exceed 8%.
Moreover, 86.1% of companies believe in their positive growth prospects in 2025, leading many businesses to be ready to shift from a state of stability to expanding scale.
Vinh also noted that despite the positive outlook, Vietnam still faces risks from global economic instability as well as increasing competitive pressure. Therefore, businesses need to have flexible strategies to take advantage of opportunities from supply chain shifts and domestic consumption to maintain sustainable growth in 2025./.
Vietnam Report JSC has freshly announced the top 500 most profitable enterprises in Vietnam (PROFIT500) and the top 10 reputable companies in the food, beverage, retail, finance, and packaging sectors for 2024.
Fifteen Vietnamese banks have been named among the world’s top 500 banking brands recently announced by the global leading brand valuation consultancy Brand Finance, according to the Vietnam Banks Association.
A ceremony to announce the list of the top 500 fastest growing enterprises in Vietnam (FAST500) and Top 5 and Top 10 real estate - construction - building materials companies in 2024 was held by the Vietnam Report JSC in collaboration with VietNamNet newspaper on April 25.
The North-South Expressway project is scheduled for completion by 2030, aiming to establish the groundwork for Vietnam’s modern railway industry and stimulate regional economic development, positioning the country for a significant economic leap in the era of national rise.
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.
Outcomes of ABAC III will shape ABAC’s final policy recommendations to be submitted to the ABAC-APEC leaders’ dialogue, scheduled to take place in the Republic of Korea this November.
This is the second year the magazine has released the ranking, which is based on total revenue and key financial indicators of enterprises from seven countries in the region: Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.
At the summit, publishing, tech, and media sectors will discuss emerging trends, business models, and sustainable solutions for digital publishing development in Vietnam.
This year’s “Vietnam Goods Week” marks a significant milestone as it is being held simultaneously for the first time in four locations across Asia: Japan, Hong Kong (China), Cambodia, and Malaysia, from June 19 - 22.
