Forbes Vietnam honours top 50 listed firmsForbes Vietnam on July 26 organised a ceremony to honour Vietnam’s top 50 listed companies in 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges. At the ceremony (Source: Forbes Vietnam)The 50 listed companies on the two stock exchanges have recorded a combined total profit of nearly 107 trillion VND (4.75 billion USD), a year-on-year increase of 34 percent. Property developer Vingroup is the largest company by market capitalisation, according to Forbes Vietnam, with its market value reaching 15 billion USD on May 15. “Forbes Vietnam’s sixth list of top companies in Vietnam reflects the movement of the Vietnamese economy and the securities market in the last year,” said Nguyen Lan Anh, editor of the Forbes Vietnam magazine. Forbes Vietnam applies company ranking methods of Forbes (an American Business Magazine), taking into consideration the characteristics of the businesses listed in Vietnam.
