Fortune Releases SEA 500: MB Group Ranks Among Vietnam’s Top 12 Largest Enterprises

With its ranking of 94th in Southeast Asia and 12th in Vietnam, MB has climbed 5 places compared to the 2024 rankings – further cementing its position as one of the leading financial institutions in the region in terms of growth, innovation, and digital technology.

MB ranks among the Top 12 Largest Enterprises in Vietnam according to Fortune Southeast Asia 500

Solid Foundation – Breakthrough Growth

MB’s improved ranking is a result of its sustainable development strategy, centered around three key pillars: business efficiency, speed of innovation, and the power of digital technology. In 2024, MB witnessed a rapid growth in its customer base, surpassing 25 million users – a significant milestone in its journey to becoming a leading digital bank.

Meanwhile, MB continues to maintain its leading position in terms of operational efficiency, with its ROE ratio among the highest in the industry, along with a synchronized financial services ecosystem encompassing banking, insurance, securities, and asset management.

MB ranks 94th in Fortune SEA 500 with a revenue of $3.8 billion

Instant Product Launch Speed to Market

One of the core factors contributing to MB’s standout performance in the Fortune rankings this year is its speed in bringing products to market – an aspect that industry experts rate as the “fastest in the Vietnamese financial market”. From retail products, trade finance, and financial solutions for households to corporate banking and asset management, MB has been a pioneer in introducing these offerings to the market through comprehensive research and development, and the application of digital transformation to swiftly meet the diverse and immediate needs of its customers.

Technology at the Core, Customers as the Compass

As a bank that pioneered the development of digital infrastructure from an early stage, MB has been investing heavily in artificial intelligence, big data, cloud computing, and digital experience platforms. In 2025, MB was once again recognized as a leading Vietnamese bank in digital technology, solidifying its competitive advantage in the region.

A representative from MB shared, “Our inclusion in the Top 100 in Southeast Asia and our climb of 5 places compared to last year is an objective recognition of MB’s sustainable growth journey. We will continue to drive innovation, enhance customer experience, and make meaningful contributions to serve the millions of Vietnamese people and our national economy.”

Fortune Southeast Asia 500 is a new ranking introduced by Fortune in 2024 to recognize the largest and most influential enterprises in six Southeast Asian economies: Vietnam, Indonesia, Thailand, Malaysia, Singapore, and the Philippines. The Fortune Southeast Asia 500 ranks the 500 largest enterprises in Southeast Asia based on their 2024 revenue; Vietnam has 70 representatives, with 13 enterprises in the Top 100 – including leading banks and corporations such as Petrolimex, Vingroup, VietinBank, Vietcombank, and Hoa Phat…