Top 10 most valuable brands worth US$8.1 billion

Friday, 2020-08-07 16:14:38
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Viettel is the most valuable brand with a value of US$2.9 billion.
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NDO/VNA - The top 10 most valuable brands in Vietnam 2020 are worth US$8.1 billion, increasing by 17% from last year and accounting for over 60% of the list’s total value, according to Forbes Vietnam magazine.

Forbes has announced the list of top 50 brands this year with total value rising by 22% to more than US$12.6 billion.

Military-run telecom giant Viettel tops the list with a brand value of over US$2.9 billion, followed by Vinamilk, the country’s biggest dairy company, at more than US$2.4 billion.

Telecom giant VNPT is in third place at US$509 million.

The rest of the top 10 are brewer Sabeco, real estate corporation Vinhomes, telecom MobiFone, food group Masan Consumer, State-owned Vietcombank, IT giant FPT, and mall operator Vincom Retail.

The ranking was classified by industry. Most of the companies have operating time of more than 10 years. The food and beverage and financial services industries continue to dominate the list with nine representatives each. They were followed by real estate, IT, and retail.