Announcing the ranking of Top 500 Fastest Growing Enterprises in Vietnam in 2022
Recently, to recognize the achievements and worthy efforts of the Vietnamese business community in 2021 and build new momentum, new confidence, and new motivation for 2022, Vietnam Report Joint Stock Company (Vietnam Report) in collaboration with VietnamNet Newspaper (Ministry of Information and Communications) organized the Ceremony to announce the Top 500 fastest growing enterprises in Vietnam (FAST500).
The FAST500 ranking is based on the main criterion of compound annual growth rate (CAGR) in revenue. In addition, criteria such as total assets, equity, pre-tax profit and corporate reputation in the media… are also used as supporting factors to determine the scale and position of the enterprise in the industry. This is the twelfth consecutive year that the FAST500 list has embarked on the journey of finding, recognizing and honoring enterprises with good business performance, making significant contributions to the recovery and rise of the Vietnamese economy in the recent period, especially in the context of many difficulties due to the impact of the fourth wave of Covid-19.
In the list of Top 500 fastest growing enterprises in Vietnam, Vinh Phuc province has 04 enterprises: A My Industrial Joint Stock Company (ranked 11th), Nagakawa Group Joint Stock Company (ranked 124th), TTC Joint Stock Company (ranked 431st), Xuan Hoa State-owned One Member Co., Ltd. (ranked 471st). These enterprises mainly operate in the fields of production and trading of construction materials, electronic equipment, refrigeration, information technology, telecommunications, wood products and furniture, etc. Two of these 04 enterprises are A My Industrial Joint Stock Company (ranked 390th) and Nagakawa Group Joint Stock Company (ranked 440th), which are also enterprises on the list of 500 largest private enterprises in Vietnam in 2021. Entering 2022, it is expected that solutions to promote the improvement of the business environment and enhance national competitiveness will be effectively implemented by all levels and sectors, helping the business community feel secure in investing, producing and doing business, overcoming challenges, seizing growth opportunities in the new normal state to continue making significant contributions to the province’s economy, the community, and society in the integration period./.
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