Prominent in the list are Vingroup, Vietnam Technological and Commercial Joint Stock Bank (Techcombank), Vietnam Dairy Products JSC (Vinamilk), Vietnam Prosperity Joint Stock Commercial Bank (VPBank), Military Commercial Joint Stock Bank (MBBank), Hoa Phat Group JSC, Asia Commercial Joint Stock Bank (ACB), and Truong Hai Auto Corporation.

Techcombank included in Profit 500 list

In the 2020 Profit500, firms in construction, building materials and real estate accounted for 23.9 percent; finance, 11.6 percent; food and beverages, 10.9 percent; and electricity, 6.3 percent. 

The return on asset (ROA) of the enterprises reached 11.4 percent, a slight decrease as compared to 11.9 percent recorded in the previous year.

However, their return on equity (REO) increased 21.7 percent, higher than 20.9 percent of the year before.

Apart from the Profit 500, the Vietnam Report also conducted a survey which unveils that 77.1 percent of the interviewed businesses have completed more than half of their yearly revenue target, with 31.6 percent of them fulfilling more than 80 percent.

Source: VNA