Forbes announces top 50 firms of VNForbes Vietnam has announced Vietnam’s 50 top listed companies for 2018, which account for 70.8 percent of total market capitalisation on the HCM and Hanoi stock exchanges. 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. In the past 12 months, the Vietnamese stock market has made some significant achievements despite recent volatile weeks. By mid-May, the total market value of the Vietnamese stock market reached 168 billion USD, equal to 80 percent of Vietnam’s gross domestic product (GDP). Forbes Vietnam applies company ranking methods of Forbes (an American Business Magazine), taking into consideration the characteristics of the businesses listed in Vietnam.

Source: VietNamNet News June 07, 2018 03:56 UTC