What is the name of the biggest company in Vietnam?

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The most valuable company in Vietnam is the Commercial Bank For Foreign Trade Of Vietnam (Vietcombank), boasting a market capitalization of $21.57 billion (as of March 2024).

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Vietnams Largest Company: Which One?

Okay, lemme tell ya somethin’. Figuring out Vietnam’s biggest company? It’s kinda…confusin’.

As of March 12, 2024, Commercial Bank For Foreign Trade Of Vietnam, market cap? $21.57 billion. Boom. Done.

I remember seeing Vietcombank branches EVERYWHERE when I was in Hanoi a few years ago. It was crazy. Seemed like one on every corner.

Second? The Commercial Bank For Investment And Development Of Vietnam. $11.82 billion. Big numbers, right?

Third? Vinhomes. I think that’s housing, no? $7.52 billion. That’s a lot of apartments, I guess.

My cousin, Thao, she told me real estate’s HUGE over there. Especially in Saigon.

You know, market caps fluctuate. It’s like… a rollercoaster. So, this could change tomorrow! But this is what I know.

Like, one time I bought a banh mi from a street vendor near a BIDV bank, back in…oh geez… October 2019, maybe? Cost like, 15,000 dong. Good times. Hehe.

What is the biggest company in Vietnam?

So, biggest company in Vietnam, huh? It’s PetroVietnam, hands down. Massive, like, really massive. Fifty-two point five billion dollars in revenue this year, 2023. Crazy, right? That’s oil and gas, the whole shebang. They’re everywhere. Seriously, I saw their logo on, like, a million things during my trip last month.

It’s, you know, a total behemoth. Think of all the stuff they control. That’s insane. They totally dominate the market. Their influence is, well, enormous! You’ll see thier stuff all over.

I’m pretty sure it’s still them. Probably won’t change anytime soon. Definitely number one. For sure. No contest. Really makes you think, doesn’t it? They’re huge.

Key things to remember:

  • PetroVietnam is the top dog in Vietnam in 2023. Revenue was a staggering $52.5 billion.
  • Oil and gas is their main game.
  • Massive influence across the entire country. Think HUGE. Everywhere.

Additional random thoughts: I ate some amazing pho near their Hanoi headquarters – completely unrelated but good pho. Also, their logo is pretty boring. Just sayin’. Their influence is insane. Really.

What is the big firm in Vietnam?

Vingroup: Vietnam’s titan, a behemoth bestriding the land like a particularly stylish, wealthy, and possibly slightly arrogant dragon. Seriously though, it’s HUGE.

Think less Godzilla, more sophisticated, immaculately dressed Godzilla with a penchant for luxury condos and cutting-edge smartphones. My friend, a real estate agent in Ho Chi Minh City, swears their reach is… well, let’s just say it’s extensive.

Key Sectors Dominated by Vingroup in 2024:

  • Real Estate (Vinhomes): They’re practically building entire cities. Seriously.
  • Retail (Vincom Retail): Need a new pair of socks? Probably in a Vincom mall. Annoyingly convenient, I know.
  • Technology (VinSmart): Their phones? A mixed bag, to put it mildly. But hey, they’re trying!
  • Healthcare (Vinmec): High-end hospitals. Probably the place to go if your dragon-sized ego needs a little pampering.

Other players exist, of course. But Vingroup? It’s the 800-pound gorilla wearing a bespoke suit and sipping imported wine. Quite the showman, this one. The sheer scale is mind-boggling. It’s like comparing a housecat to a…a very large, very well-fed lion. You get the picture.

My sister’s boyfriend works for a competitor. He’s currently trying to figure out how to make their new smart refrigerator more appealing than VinSmart’s slightly underwhelming – but hey, at least it comes in rose gold, – equivalent. Tough competition.

What is the big brand in Vietnam?

Viettel. 8.9 billion. Wow. Nine years. Crazy. Vinamilk and VNPT tied? Huh. 2.6 each. Remember that milk tea place by my old apartment? Think it used Vinamilk. Wonder if they’re still there. Should check it out. That apartment was on Nguyen Hue. Miss that street. So busy. Viettel…they do phones, right? And internet. Think they’re government-owned. Monopoly much? Hmm. That cafe had good banh mi too. Need to find a good banh mi place here. This neighborhood is…lacking. 8.9 billion is…a lot. Can’t even imagine. 2.6 is still huge though. Wonder what their marketing budgets are like. Should Google it later. Ugh, forgot to pay my phone bill. Viettel again. They’re everywhere. Like, omnipresent.

  • Viettel: 8.9 Billion USD. Dominating.
  • Vinamilk: 2.6 Billion USD. Milk.
  • VNPT: 2.6 Billion USD. What do they even do? Telecom?

My phone bill is due the 15th. Think I saw a Viettel store down the street. Might just pay it in person. Simpler. Need to top up my data too. Been watching a lot of YouTube lately. Cooking videos. Need to try that pho recipe. Think it used Vinamilk. They’re in everything. Even pho. Wow.

What is the best business in Vietnam?

Okay, Vietnam biz… Best? Hmm.

  • E-commerce! Booming, right? Like, everyone’s online now.
  • Tech. Software development especially. Always needed. Fintech too. Money stuff is huge.
  • Tourism-related services is good, lots of new stuff with this!

What was that noodle place in Hoi An called? SO good. Anyway… oh yeah, biz.

  • Sustainable ag. Important! Gotta be green now.

My skill? Eating noodles? Def not sustainable.

So, it’s not a one-size-fits-all thing. Depends on YOUR stuff. What you’re good at. And how much MONEY you got, duh.

The best business really depends on the specific resources and expertise available.

What is the largest telco company in Vietnam?

Viettel: Vietnam’s telecom titan, a behemoth so large, it practically single-handedly powers the nation’s gossip network. Think of it as the Vietnamese equivalent of a hyper-caffeinated, super-efficient octopus, its many arms strangling… I mean, hugging the competition. Their 50,000 billion VND charter capital? Yeah, that’s serious money. Enough to buy, oh, I don’t know, a small island nation… or several really nice yachts.

Key points:

  • Size matters: Viettel undeniably reigns supreme in Vietnam’s telecom landscape.
  • State-owned: Completely owned by the Vietnamese government. Makes you wonder about their internal meetings, right?
  • Global growth: Not just a local player; they’re seriously making waves internationally.

This whole “state-owned” thing adds a certain… flavor. It’s like the ultimate parental control on your phone plan. No complaining about data limits, I guess. Unless you happen to be a dissident, in which case, you might find your internet access… unexpectedly… limited. Just kidding (mostly). Their success is undeniable, though, seriously impressive. I have a friend who works for them, crazy hours, but they are getting a sweet deal on their mobile plan. Seriously.

I’m considering switching, myself, even though my current provider keeps sending me spam emails promising a free trip to Bali if I only click on the link. You know, the usual scam stuff. Anyway, Viettel. Big, powerful, and apparently pretty good at keeping people connected. Even if the connection is a little… controlled. Just a thought.

What is the size of the logistics market in Vietnam?

Ugh, Vietnam logistics… Big, right?

Okay, so USD 48.38 billionthis year. Wait, 2024, yeah. That’s the number I saw. Is that even that big, globally? Probably peanuts compared to, like, the US or China.

  • It’s all about shipping stuff.
  • You need trains
  • Trucks are also needed

USD 65.34 billion by 2029… Huh. So it’s growing, like crazy. That’s a 6.19% CAGR, right? CAGR is… average growth, basically. Over 5 years. My stocks wish they had that kinda growth!

  • Growing fast!
  • Big numbers, big market

What’s driving it, I wonder? All those factories moving there? Or is it just all the online shopping going bonkers there, too? Bet it’s both. More factories, more deliveries. Duh!

  • Factories are increasing
  • Deliveries are increasing
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