The Top 50 prestigious and effective public companies (VIX50) in Vietnam 2024 were announced on August 2, the Vietnam News Agency has reported.

Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) topped the ranking, followed by tech giant FPT Corporation, real estate developer Vinhomes, Asia Commercial Joint Stock Bank (ACB), Ho Chi Minh City Development Joint Stock Commercial Bank (HDBank), Military Commercial Joint Stock Bank (MBBank), Bank for Investment and Development of Vietnam (BIDV), Vietnam Technological and Commercial Joint Stock Bank (Techcombank), Vietnam Joint Stock Commercial Bank for Industry and Trade (Vietinbank) and Gemadept Corporation.

Since 2021, Vietnam Report has annually revealed the VIX50 ranking, which recognizes the prestigious and effective public companies. This ceremony stands as a distinguished and influential gathering within the Vietnamese business community, underscoring acknowledgment and esteem for public companies exhibiting high efficiency and responsibility in the economy.

The ranking serves as a reputable yardstick, enabling enterprises to garner heightened attention and favorable reviews from investors, financial institutions and the media. This accolade also serves as a catalyst for businesses to persist in their growth and enhance market standing.

Vietnam Report acknowledges the Top 50 prestigious and effective public companies in 2024 to celebrate public enterprises with a robust financial footing, notable accomplishments in delivering products and services to customers, and establishing an impressive reputation among the public and investors.

The recognized representatives not only showcase excellence in financial resilience and communication but also exhibit potential for growth, a level of sustainable development, quality governance and standing within their respective industries.