Top 10 prestigious firms in property and construction announced

Wednesday, 2021-04-28 11:25:50
 Font Size:     |        Print

At the event
 Font Size:     |  

NDO – The Vietnam Report JSC cooperated with VietNamNet e-newspaper to announce top 10 prestigious firms of the real estate, construction and building materials sector in Hanoi on April 27.

The list of top 10 prestigious firms of the real estate, construction and building materials sector in 2021 honoured top names such as Vinhomes JSC, Nova JSC, Ecopark Group JSC, Nam Long Investment Corporation and Hung Thinh Corporation.

The firms have been included in the 2021 list of the 500 fastest-growing companies in Vietnam (FAST500). They are being honoured for their significant contributions to the domestic construction sector as well as their efforts to move forward in the “new normal” period.

FAST500, launched in 2011, is based on the compound annual growth rate (CAGR) in terms of revenue and business performance. Other criteria such as total assets, after-tax profit, and the companies’ prestige in the media are also taken into account to identify their scale and stature in the industries they operate in.

The rankings are based on studies of multiple financial factors, corporate reputation on the media, and surveys of insiders.

Accordingly, all of the interviewed enterprises said they agree on the need for the Government and firms to draw up anti-COVID-19 scenarios.

More than 72% of them said prestige and brand would help them overcome difficulties. Meanwhile, over 45% of the respondents shared their belief that healthy financial capacity will help companies sail through crises.

Notably, 36.36% hoped that the Government and competent agencies will continue reviewing, cutting and using funding more effectively.

Many said businesses can maintain a foothold and develop in the present context by investing in expanding the market and stepping up digital transformation.