50 best Vietnamese listed companies to be honoured

October 14, 2014 | 09:14

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A ceremony will be held in Ho Chi Minh City on October 17 to present awards to top 50 companies listed in the Vietnam stock exchange, announced Forbes Vietnam magazine at an October 13 press briefing.

This year’s awardees include 50 firms from 12 sectors which achieve an average revenue growth of 7% in 2013, or 2% higher than the average figure recorded on the domestic market. Their pre-tax profit growth hit 23% last year, while other listed firms saw a modest increase of 15%.

A round-table discussion will also take place in the framework of the award ceremony, drawing the participation of representatives of leading businesses who are expected to point out challenges in business administration.

Forbes Vietnam Editor-in-chief Tran Dang Khoa said apart from promoting business operation, the awards aim to provide investors with information on listed firms that have outstanding performance.

In 2015, Forbes Vietnam will continue to introduce a new list of best companies and businesspeople on the local market, including successful CEOs under 30 years old, Khoa revealed.

To be considered, companies must have growth and profitability within three consecutive years. They are evaluated on their compounded growth in revenue, profit, return on capital and earnings per share. These are companies that are creating jobs for workers, bringing benefits for shareholders and investors, and contributing to the development of the economy.

VOV

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