The ceremony to honor "25 leading listed brands" took place within the framework of Forbes Vietnam's 2025 Brand Conference. This is the 10th consecutive year that Forbes has announced its annual list of brands. This year's list focuses on the group of enterprises in the manufacturing and services industry - the pillar of the economy in the sustainable growth strategy. In its 10th announcement, Forbes continues to record the transformation of Vietnamese brands, from veteran names to the younger generation who are reaching the global market.
According to Forbes Vietnam, the total brand value of the 25 enterprises on the 2025 list will reach 7.13 billion USD, an increase of 34.5% over the previous year, of which the food - beverage industry accounts for a large proportion. Vinamilk continues to affirm its leading position when achieving brand value at the top of the list, nearly double the second-placed enterprise and far surpassing many large corporations. Thanks to its strong breakthrough and sustainable leadership, Vinamilk continues to be considered a national brand symbol, contributing to enhancing the position of Vietnamese enterprises in the international arena.
The list of Top 50 best listed companies in Vietnam was announced by Forbes Vietnam based on a strict evaluation process, going through many rounds with criteria such as: Profitable enterprises in 2024, minimum revenue and capitalization of VND 500 billion; assessing the double growth rate in revenue, profit, ROE ratio (profit/equity ratio), ROIC (profit/investment ratio), ... Data used to evaluate is the audited consolidated financial report for 2024. Not only based on data, Forbes Vietnam also conducts determinative surveys to assess the level of sustainable development of enterprises, the position of enterprises in the industry, profit origin, quality of corporate governance, industry prospects, ...
Forbes Vietnam's 13th list of 50 best listed companies reflects remarkable changes in the business picture after a period of fluctuations, with 14 changes compared to last year's list, including four companies making an initial list and eight companies returning to the list. Total revenue of the 50 companies on the list reached more than VND 1,567,511 billion (equivalent to more than USD59.7 billion), up 20.8% over the previous year, while total profit after tax exceeded VND207,000 billion (equivalent to more than USD7.9 billion), up 8.5%, showing a strong recovery after a year of slowing down in 2024.
This further affirms Vinamilk's leading position in the industry, demonstrating strong competitiveness in all aspects, fully meeting the criteria to be considered the best listed company according to Forbes' standards worldwide.
After nearly half a century, Vinamilk has not only maintained its No. 1 position in Vietnam but also reached the world. Since it began exporting in 1997, Vinamilk's products have been present in 65 countries and territories, with a total accumulated turnover exceeding 3.4 billion USD.
According to Brand Finance, a prestigious brand valuation organization in the world, Vinamilk is Top 1 Most Potential Milk Brand globally, with the highest rating AAA+; is also the only representative of Southeast Asia to be in the Top 10 most valuable milk brands globally; making the Vietnamese milk industry ranked 5th in the world in terms of brand value.
Impressive production and business results, investment strategy for science and technology, and commitment to green and sustainable development have helped Vinamilk excellently achieve a double title in 2025 by Forbes Vietnam: Not only topping the Top 25 Leading Brands, but also in the Top 50 Best Listed Companies.
