Vietnam’s 500 most profitable enterprises in 2022 revealed
Vietnam Report JSC and VietNamNet online newspaper on September 15 announced the Profit500 list featuring the top 500 most profitable enterprises in Vietnam this year.
Viettel Military Industry and Telecoms Group (Viettel) is among 10 enterprises honoured in the Profit500 list (Photo: Viettel)
Hanoi (VNA) - Vietnam Report JSC and VietNamNet online newspaper on September 15 announced the Profit500 list featuring the top 500 most profitable enterprises in Vietnam this year.
Prominent in the list are Vietnam Oil and Gas Group(Petrovietnam), Samsung Electronics Thai Nguyen Co. Ltd., Hoa Phat Group JSC, ViettelMilitary Industry and Telecoms Group (Viettel), Joint Stock Commercial Bank forForeign Trade of Vietnam (Vietcombank), Vietnam Technological and Commercial JointStock Bank (Techcombank) and Vietnam Electricity (EVN), Vietnam Joint StockCommercial Bank for Industry and Trade (VietinBank), Military Commercial Joint Stock Bank (MB) and Vietnam Bank for Agriculture and Rural Development (Agribank).
Contrary to concerns about a slowdown of the world’seconomy, Vietnam is showing signs of strong recovery with many indicatorsalready exceeding pre-pandemic levels, according to General Director of Vietnam Report Vu Dang Vinh.
It is attributed to solid growth in exports of manufacturedand processed industrial products to traditional markets. Total import andexport turnover of goods in the first eight months of this year reached 497.64billion USD, of which, exports increased by 17.3% while imports rose by 13.6%.The recovery of domestic demand, especially for services, also contributed to thegrowth.
Retail sales of consumer goods and services in August increasedby 50.2% over the same period last year, of which sales of goods increased by1.3 times, up 20% compared to the same period in 2019.
Total retail sales of consumer goods and services in thefirst eight months of this year were estimated to increase by 19.3% over thesame period last year.
The reopening of borders in mid-March 2022 has revived thecountry’s tourism industry, with 1.4 million foreign arrivals recorded in the eight months, up12.7 times compared to the same period last year.
💜 A survey of the most profitable enterprises in Vietnamconducted by Vietnam Report in August also recorded a very positive recovery.More than two-thirds of the businesses said their revenue has returned or exceededpre-pandemic levels./.
Vietnam’s real estate industry has developed along with the recovery of the economy after the COVID-19 pandemic, and is forecast to see brighter and more positive colours compared to 2021 and gradually return to the pre-pandemic trajectory (in 2019), according to the Vietnam Report Joint Stock Company.
The lists of the 500 fastest-growing companies in Vietnam (FAST500) and the top 10 firms in real estate-construction - building material this year were announced by the Vietnam Report JSC and the VietNamNet e-newspaper during a ceremony held in Hanoi on April 22.
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.
According to NordCham Vietnam Chairman Thue Quist Thomasen, the Vietnamese Government’s commitment to achieving net-zero emissions by 2050 is both a challenge and an opportunity for businesses to contribute to green and sustainable growth.
The analysis from an investment perspective shows that the economy’s growth has been heavily capital‑driven, yet efficiency remains low as reflected by Vietnam’s Incremental Capital-Output Ratio (ICOR) being significantly higher than global and regional averages. This underscores the imperative to enhance capital‑use efficiency.
Viettel Military Industry and Telecoms Group (Viettel) is among 10 enterprises honoured in the Profit500 list (Photo: Viettel) 
