The Top 50 is an annual ranking of Vietnam’s most efficiently managed companies, presented by Nhịp Cầu Đầu Tư magazine in collaboration with Thiên Việt Securities, and advised by leading business and economics experts from Harvard Business School. The comprehensive evaluation criteria are based on measuring three years of consecutive financial performance, including metrics such as market capitalization, revenue, profitability, and agility in a dynamic business environment, offering an unbiased assessment of corporate governance capabilities.
According to the organizers, PVFCCo’s consolidated revenue witnessed impressive growth over the three-year period from 2020 to 2022, more than doubling from over 8,000 billion VND in 2020 to above 19,000 billion VND in 2022. The years 2022–2024 presented macroeconomic challenges domestically and internationally, particularly for the fertilizer and chemical industries. However, PVFCCo’s effective management, agility, and adaptive strategies for sustainable development led to positive growth and outstanding operational efficiency, outperforming the industry average. Notably, PVFCCo is the sole fertilizer company to be included in this year’s Top 50 list.
The Top 50 ranking serves as a valuable reference for investors and a testament to the successful governance and sustainable practices of listed companies. It recognizes enterprises that demonstrate a long-term vision, sustained growth, and profitable operations, contributing to a community of businesses focused on lasting value creation.
In late 2024, after meticulous preparation, PVFCCo unveiled its new brand identity, PHUMY, marking a significant transformation into a new phase of development after two decades of establishment and growth.
With this new identity, PVFCCo aims to transition into a diversified global enterprise, maintaining a strong focus on the fertilizer and chemical sectors, while striving for sustainability, social responsibility, and prosperity for all stakeholders, solidifying its leading position in Vietnam and the region.
“The Chairman of Agribank’s Board of Members Becomes the Governor of Quang Ninh Province”
On December 10, 2024, the Vietnam Bank for Agriculture and Rural Development (Agribank) announced a change in its senior leadership.
The Revenue Slump: ThaiBev’s Vietnam Sales Retreat for the Second Year Running
According to Thai Beverage Public Company Limited’s (ThaiBev) 2024 financial statements (covering the period from September 2023 to September 2024), the parent company of Sabeco (HOSE: SAB) experienced growth in both revenue and profit. However, the Vietnamese market saw a second consecutive year of declining revenue.
The Buzzing Land Auction Preparations in Ninh Binh, Nam Dinh, and Hung Yen: Over 1,100 Land Lots Up for Grabs, with Starting Bids as Low as VND 2.5 Million per sq. meter.
As 2024 draws to a close, provinces surrounding Hanoi are gearing up to auction off a staggering number of land plots. Over a thousand lots will be up for grabs, offering a plethora of opportunities for prospective investors and homeowners alike. This upcoming event is set to be a landmark occasion, with the potential to shape the real estate landscape of the region.
The New Coastal Proposal: Expanding Danang’s Horizons with a 300-Hectare Seafront Free Trade Zone
The central city of Da Nang has proposed a land reclamation project to the Ministry of Planning and Investment for appraisal before submitting it to the Prime Minister for consideration. The proposed project aims to reclaim land from the sea to provide additional space for the completion of infrastructure in the free trade zone.
What Procedures Do Foreigners Need to Follow When Buying Property in Vietnam?
Purchasing property in Vietnam is an increasingly popular trend among foreigners, thanks to the unique benefits the real estate market offers.
