The BUB list, announced on August 1, includes the 200 best companies from a pool of 15,000 small and medium enterprises (SMEs) in the Asia-Pacific, with revenues ranging from US$5 million to US$1 billion.
The annual list is based on such criteria as rising financial performance, sufficiently broad and private share ownership, reasonable debt levels and profitability.
The ten Vietnamese SMEs chosen for Forbes Asia’s 2013 list include the Binh Dinh Minerals Joint Stock Company, Dinh Vu Port Investment and Development Joint Stock Company, Education Book Joint Stock Company in Hanoi, National Seed Joint Stock Company, Ninh Hoa Sugar Joint Stock Company, Pan Pacific Corporation, Sea and Air Freight International Joint Stock Company (SAFI), Vegetable Oil Packing Joint Stock Company (VMPACK), Vietnam Container Shipping Joint Stock Company and Southern Seed Joint Stock Company.
Companies from mainland China and Hong Kong continued to dominate in the rankings with 63 SMEs on the list, followed by India with 19, Japan with 17, Malaysia with 12, Vietnam with 10, Thailand with eight and Singapore with seven.