The prestigious “Top 25 Leading Listed Brands” awards ceremony took place during Forbes Vietnam’s Brand Conference 2025. This marks the tenth consecutive year Forbes has released its annual brand rankings. This year’s list focuses on companies in the manufacturing and service sectors, the backbone of Vietnam’s economy in its pursuit of sustainable growth. In its tenth edition, Forbes continues to highlight the evolution of Vietnamese brands, from established names to young companies making their mark globally.
According to Forbes Vietnam, the combined brand value of the 25 companies on the 2025 list reached $7.13 billion, a 34.5% increase from the previous year, with the food and beverage sector holding a significant share.
Vinamilk solidified its leading position with the highest brand value, nearly double that of the second-ranked company and far surpassing many major conglomerates. Thanks to its strong performance and sustained leadership, Vinamilk continues to be recognized as a national brand, enhancing Vietnam’s corporate reputation on the international stage.
Mr. Nguyễn Quốc Khánh, Director of Research and Development at Vinamilk, receives the Top 50 Best Listed Companies in Vietnam award – Photo: Forbes VN
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Forbes Vietnam’s Top 50 Best Listed Companies list is based on a rigorous evaluation process, considering criteria such as profitability in 2025, minimum revenue and capitalization of 500 billion VND, compound growth rates in revenue, profit, ROE (return on equity), ROIC (return on invested capital), and more. The evaluation is based on audited consolidated financial statements for 2025.
Beyond financial data, Forbes Vietnam conducts qualitative research to assess companies’ sustainable development, industry position, profit sources, corporate governance quality, and industry outlook.
The 13th edition of Forbes Vietnam’s Top 50 Best Listed Companies reflects notable changes in the business landscape following a period of volatility, with 14 changes from last year’s list, including four new entrants and eight returning companies.
The combined revenue of the top 50 companies exceeded 1,567,511 billion VND (over $59.7 billion), a 20.8% increase from the previous year, while total post-tax profit surpassed 207,000 billion VND (over $7.9 billion), up 8.5%, demonstrating a strong recovery after the slowdown in 2024.
This further cements Vinamilk‘s industry leadership, showcasing its competitive edge across all aspects and meeting Forbes’ global standards for top listed companies.
Vietnam’s national brand Vinamilk maintains its top position in Vietnam and continues to expand globally – Photo: Vi Nam
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Over nearly half a century, Vinamilk has not only maintained its top position in Vietnam but also expanded globally. Since beginning exports in 1997, Vinamilk products have reached 65 countries and territories, with a cumulative export value exceeding $3.4 billion.
According to Brand Finance, a leading global brand valuation firm, Vinamilk is ranked as the world’s most potential dairy brand, with the highest AAA+ rating. It is also the only Southeast Asian representative in the Top 10 most valuable global dairy brands, placing Vietnam’s dairy industry 5th worldwide in brand value.
Impressive business results, investment in science and technology, and a commitment to green and sustainable development have earned Vinamilk a dual recognition from Forbes Vietnam in 2025: leading the Top 25 Brands and ranking among the Top 50 Best Listed Companies.
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Vinamilk reports record-high Q2/2025 revenue of 16,745 billion VND Vinamilk‘s consolidated Q2 revenue reached 16,745 billion VND, a 79 billion VND increase from the same period last year, marking the company’s highest quarterly revenue ever. Domestic sales recorded a net revenue of 13,614 billion VND, an 82 billion VND increase year-on-year, driven by efficient distribution, marketing, and digital transformation. Consumer trust in Vinamilk‘s reputable dairy products also fueled growth. Meanwhile, overseas net revenue remained stable at 3,111 billion VND. In the first six months of 2025, consolidated revenue reached 29,710 billion VND, completing 46.1% of the annual plan, with domestic and overseas net revenues of 23,624 billion VND and 6,035 billion VND, respectively. These results validate Vinamilk‘s strategy of “investing in science and technology to maximize the natural nutritional value of milk,” solidifying its position as the world’s 6th most valuable dairy brand. The company maintains its 2025 targets: 64,506 billion VND in revenue (up 4.3% from 2024) and 9,680 billion VND in post-tax profit (up 2.4% from 2024). |
Vinamilk reports record-high Q2/2025 revenue of 16,745 billion VND
Vinamilk‘s consolidated Q2 revenue reached 16,745 billion VND, a 79 billion VND increase from the same period last year, marking the company’s highest quarterly revenue ever.
Domestic sales recorded a net revenue of 13,614 billion VND, an 82 billion VND increase year-on-year, driven by efficient distribution, marketing, and digital transformation. Consumer trust in Vinamilk‘s reputable dairy products also fueled growth. Meanwhile, overseas net revenue remained stable at 3,111 billion VND.
In the first six months of 2025, consolidated revenue reached 29,710 billion VND, completing 46.1% of the annual plan, with domestic and overseas net revenues of 23,624 billion VND and 6,035 billion VND, respectively.
These results validate Vinamilk‘s strategy of “investing in science and technology to maximize the natural nutritional value of milk,” solidifying its position as the world’s 6th most valuable dairy brand.
The company maintains its 2025 targets: 64,506 billion VND in revenue (up 4.3% from 2024) and 9,680 billion VND in post-tax profit (up 2.4% from 2024).
– 13:12 01/10/2025
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