Vietnam’s top 500 businesses revealed
A ceremony to honor the top 500 Vietnamese largest enterprises (VNR 500) in 2012 took place in Hanoi on January 18th by the Vietnam Report Joint Stock Company (Vietnam Report), in association with the VietnamNet Online Newspaper.
The VNR 500 ranking, similar to the US Fortune 500 Model, mainly based on corporate sales, acknowledges and honors their achievements.
To be on the list of VNR 500, an enterprise should have minimum sales of above VND 1,400 billion.
Accordingly, the Vietnam National Oil and Gas Group (PetroVietnam) ranked first on the list, followed by the Vietnam National Petroleum Corporation (Petrolimex), the Vietnam Posts and Telecommunications Group (VNPT), the Samsung Electronics Vietnam Company, and the Joint Venture VietsoPetro.
What the stars mean:
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
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