PVN and PV GAS rank high in the top 10 best profitable companies in 2017
Many Petroleum companies are in the Top 100 of Profit500
Vietnam Report (Vietnam Report) has announced the list of enterprises with the best profit in 2017. Accordingly, the Vietnam Oil and Gas Corporation and Vietnam Gas Corporation entered the Top Top 10 Best Profits in Chart.
The ranking (also known as the Profit500 Ranking) is co-ordinated by the Vietnam Report Corporation (Vietnam Report) in conjunction with an independent review to honor Vietnamese businesses that are profitable, It has the potential to become the backbone for the future development of the Vietnamese economy, while contributing to promoting the Vietnamese business brand to the domestic and international business community.
In the rankings, two names of the oil and gas industry ranked high in the top 10 companies with the best profit in 2017: Vietnam Oil and Gas Group (PVN) ranked third and Vietnam Gas Corporation (PV Gas) ) 5th place.
The remaining units in the top 10 are: Military Telecom Corporation (Viettel), Samsung Electronics Vietnam Limited Liability Company, Vietnam Dairy Products Joint Stock Company (Vinamilk), Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) Truong Hai Auto Joint Stock Commercial Bank, Vietcombank, BIDV and Hoa Phat Group.
In the Top 100 of the Profit500 also named some companies of the Vietnam Oil and Gas Group such as Binh Son Refining Co., Ltd, PetroVietnam Power Company Limited, Fertilizer and Petro Chemicals – PetroVietnam Technical Services Corporation, Nhon Trach 2 Petroleum Joint Stock Company, Petrovietnam Insurance Joint Stock Company.
The assessment is based on the key indicators of profitability (ROA, ROE, ROR); profit before tax; and sales of the business. In addition, the criteria is based on the reputation of the business, the size of the employer, the prospect of business …. In the rankings this year, the construction, construction materials and real estate sectors saw the highest growth (17.4%), followed by the financial sector (11.4%) and real estate Products, beverages (10%).