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CEOWORLD magazine - Latest - Banking and Finance - Vietnam’s Largest Companies by market capitalization, 2024

Banking and Finance

Vietnam’s Largest Companies by market capitalization, 2024

As of March 12, 2024, Commercial Bank For Foreign Trade Of Vietnam is the most valuable company in Vietnam, with a market cap of $21.57 billion. Following it are Commercial Bank For Investment And Development Of Vietnam ($11.82 billion) and Vinhomes ($7.52 billion). Vietnam’s top five most valuable companies include some of the world’s most renowned brands: Vietnam Commercial Bank For Industry and Trade (No. 4, $7.52 billion) and Petrovietnam Gascorporation (No. 5, $7.41 billion).

Overall, among Vietnam’s top 10 largest companies by market capitalization, the sixth, seventh, eighth, ninth, and tenth positions are held by Hoa Phat Group, Vingroup, Vietnam Prosperity Commercial Bank, Vietnam Dairy Products, and VIETNAM TECHNOLOGICAL AND COMMERCIALBANK.

Which one is the most valuable in Vietnam by market cap? This list comprises the biggest companies currently in Vietnam by market cap in 2024:

Vietnam’s Largest Companies by market capitalization, 2024

RANKCOMPANYMARKET CAPITAL (USD DOLLAR)CEO
1COMMERCIAL BANK FOR FOREIGN TRADE OF VIETNAM $21.57 billionPham Quang Dung
2COMMERCIAL BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM$11.82 billionLam Ngoc Le
3VINHOMES$7.52 billionMai Thu Thuy
4VIETNAMCOMMERCIAL BANK FOR INDUSTRY AND TRADE$7.52 billionBinh Minh Tran
5PETROVIETNAM GASCORPORATION$7.41 billionLong Dinh Tran
6HOA PHAT GROUP$7.15 billionLe Manh Hung
7VINGROUP$6.76 billionNguyen Viet Quang
8VIETNAM PROSPERITYCOMMERCIAL BANK$6.12 billionNguyen Duc Vinh
9VIETNAM DAIRY PRODUCTS$5.94 billionMai Kieu Lien
10VIETNAM TECHNOLOGICAL AND COMMERCIALBANK$5.86 billionJens Lottner
11FPT CORPORATION$5.67 billionNguyen Van Khoa
12MILITARY COMMERCIALBANK$4.99 billionLuu Trung Thai
13MASAN GROUP CORPORATION$4.56 billionDanny Le
14ASIA COMMERCIALBANK$4.26 billionTu Tien Phat
15VIETNAM RUBBER INDUSTRY GROUP -$3.27 billionHung Thanh Le
16SAIGON BEER - ALCOHOL - BEVERAGE CORPORATION$3.12 billionNeo Gim Siong Bennett
17INVESTMENT AND INDUSTRIAL DEVELOPMENT CORPORATION$2.91 billionPham Ngoc Thuan
18MOBILE WORLD INVESTMENT CORPORATION$2.83 billionTai Duc Nguyen
19HO CHI MINH CITY DEVELOPMENTCOMMERCIAL BANK$2.7 billionPham Quoc Thanh
20SAIGON THUONG TIN COMMERCIALBANK$2.34 billionNguyen Duc Thach Diem
21VINCOM RETAIL$2.34 billionHien Pham
22SOUTHEAST ASIA COMMERCIALBANK$2.3 billionLoic Michel Marc Faussier
23VIETJET AVIATION$2.28 billionNguyen Thi Phuong Thao
24SSI SECURITIES CORPORATION$2.24 billionNam Hong Nguyen
25VIETNAM INTERNATIONAL COMMERCIALBANK$2.22 billionVu Ngoc Han
26REFRIGERATION ELECTRICAL ENGINEERING CORPORATION$1.05 billionHai Thanh Huynh
27KINHBAC CITY DEVELOPMENT HOLDING CORPORATION$1.03 billionThu Huong Thi Nguyen
28POWER GENERATIONCORPORATION 3$0.998 billionDinh Quoc Lam
29VIGLACERA CORPORATION$0.986 billionTuan Anh Nguyen
30GEMADEPT CORPORATION$0.972 billionBinh Thanh Nguyen

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CEOWORLD magazine - Latest - Banking and Finance - Vietnam’s Largest Companies by market capitalization, 2024
Christina Miller
Associate News Editor at CEOWORLD Magazine. I lead the reporting team that covers US financial services and I write a business column for the opinion section. I write news pieces about the US and European market for start-ups and interview CEOs for our interview slot. I also presented one of the CEOWORLD magazine's early podcast hits, Money Stories, in which I persuadeded notable CEOs to share insights into the breaking news, moments of crisis and key decisions that enabled them to build successful international companies.