The results of the survey and research on the Value 500 enterprises belonging to the National Research Program on Vietnam’s Top Value-Creating Enterprises show that the total revenue in 2023 of the enterprises in the Top 500 value-creating enterprises in Vietnam reached more than 9 quadrillion VND.
In which, energy – oil and gas leads in revenue with more than 1,939 thousand billion VND, followed by industries such as electronics, banking – finance, food – beverages… Notably, despite the difficult situation in 2024, Value500 enterprises remain optimistic about revenue growth prospects. 93.1% of enterprises expect revenue to increase compared to the previous year, of which 34.5% of enterprises increase revenue from 15-30%.
However, banking – finance is the industry with the largest profit after tax in the Value 500 list with nearly 253 thousand billion VND. This is followed by energy – oil and gas, information technology – telecommunications and real estate…
In terms of profit growth prospects, 82.7% of surveyed enterprises said that profit prospects increased, specifically 37.9% of enterprises expected to increase by less than 15%; 27.6% of enterprises increased by 15-30% and 17.2% of enterprises increased by more than 30%.
In terms of total contribution to the state budget in 2023, the surveyed enterprises paid 551.1 thousand billion VND, accounting for 32.1% of the total state budget revenue in 2023 according to the General Statistics Office (estimated at 1,717.8 thousand billion VND).
The energy – oil and gas industry plays the most important role in contributing to the state budget in 2023, followed by the logistics, banking – finance, and information technology – telecommunications industries…
In terms of creating jobs and incomes for employees, the survey shows that value-creating enterprises play an important role in creating jobs, promoting economic development, and improving the quality of life. In 2023, the surveyed enterprises created jobs for nearly 1.9 million laborers, with an average income of 20.3 million VND/month.
Regarding the commitment to ESG and innovation, up to 90% of the surveyed enterprises have committed to ESG in the next 3-5 years. At the same time, 96% of enterprises have a clear orientation in incorporating these criteria into their strategic activities, reflecting a commitment to sustainable development and transparent governance. Of which, 79.3% of enterprises have implemented activities to reduce environmental impacts such as assessing and managing the risks of climate change impacts and reducing greenhouse gas emissions.
For shareholders and stakeholders, financial transparency is a top priority. 96.5% of enterprises have implemented transparent financial management and provided timely information to shareholders, contributing to strengthening trust and long-term cooperative relationships. Besides, 93.1% of enterprises have committed to continuously innovate and develop products to meet market demands, while 86.2% of enterprises have paid stable dividends and ensured long-term financial interests for shareholders.
Along with the commitments, the enterprises have also implemented many groups of solutions, initiatives, and policies to achieve the goals related to ESG.
96.5% of enterprises have implemented corporate social responsibility (CSR) programs, 82.7% of enterprises are improving products and services to be more environmentally friendly, and at the same time, 75.9% of enterprises have built long-term growth strategies to ensure sustainable profits for shareholders.
In addition, 72.4% of enterprises have integrated the principles of sustainable development into all business activities. Along with this, 68.9% of enterprises have invested in research and development (R&D) to develop new technology solutions. The application of technology is also promoted with 56.7% of enterprises using AI, Big Data, and IoT to optimize production and management processes. Notably, more than half of the total surveyed enterprises (55.2%) have established contingency funds to cope with emergency situations, helping to maintain stability and sustainability in business operations.
For innovation activities, 43.3% of enterprises plan to maintain the innovation budget, and 26.7% plan to increase this budget. Enterprises have actively deployed new technologies such as data protection, enterprise resource planning (ERP) software, and artificial intelligence (AI) to improve efficiency and competitiveness.
According to the survey results, up to 82.8% of enterprises have applied data protection technology and strengthened cybersecurity, and 79.3% of enterprises have deployed enterprise management software, showing a strong trend in leveraging digital technology to improve management efficiency.
Adapting to the trend, ITL is ready to take off.
Being attuned to global logistics trends is one of the secrets that helps ITL stay on track and shorten the journey towards our goals.
Vietjet Air achieves revenue of 62.5 trillion VND in 2023, cash surplus doubles
Last year, Vietjet safely operated 133,000 flights, transporting 25.3 million passengers (excluding Vietjet Thailand), including over 7.6 million international travelers, marking a remarkable 183% increase compared to 2022.
