Vietnam’s fastest-growing companies in 2019 unveiled

A list of Vietnam’s 500 fastest-growing companies in 2019 (FAST500) was announced on February 28 by Vietnam Report, a corporate assessment agency.

A car manufacturing of Thanh Cong Group (Photo: Thanh Cong Group)
A car manufacturing of Thanh Cong Group (Photo: Thanh Cong Group)

Hanoi-headquartered car manufacturer Thanh Cong Group tops the list, followed by Tracodi, an industrial infrastructure development firm, and PG Tanker, a marine transport and services group.

The FAST500 list is compiled based on Vietnam Report’s independent research and assessment and was announced for the first time in 2011.

Those on the list are sorted by the compound annual growth rate (CAGR) of their revenues and their business performance, supplemented by other factors such as total assets, employees, post-tax profits and business reputation.

Over the past nine years, the list has witnessed the efforts of enterprises, which have been dubbed “rising stars”, as the drivers of economic growth.

A ceremony to honour the companies on the FAST500 list is scheduled to take place on April 19 in Ho Chi Minh City.

Detailed information on the rankings of Vietnam’s 500 fastest-growing companies can be found on the website www.fast500.vn.