Along with hundred-billion-dollar businesses such as DBS Bank, Toyota, Sumitomo Mitsui Financial Group... showing great confidence when Vietnam has global-scale businesses to lead economic growth in the era of rise.
The imprint of businesses shaping the Asian economy
According to TIME's "Top 500 Best Companies in Asia - Pacific 2026" ranking, Vingroup achieved 89.68 points, ranking 57/500 best businesses in Asia - Pacific in 2026. This is a leading group position, with the participation of names that have shaped the continental and world economy such as DBS Bank, Toyota, Hyundai or Sumitomo Mitsui Financial Group...
Notably, among nearly 40 multi-industry corporations honored by TIME - the group of enterprises with the most profound impact on growth and economic structure - Vingroup ranked 7th, in the same group as long-standing enterprises such as Sony, Daikin (Japan), Mahindra Group (India)...
Also in TIME's ranking, Vinhomes was honored in 352nd place. However, only 30 businesses in the field of Creating Resources and Infrastructure were named by TIME. Among them, Vinhomes is in the same ranking as international names such as GAMUDA (Malaysia), Worley (Australia)...
In Vietnam alone, Vingroup is the only business in the Top 100, while Vinhomes is the only representative of the field of Creating Resources and Infrastructure.
For economic expert, Dr. Dinh The Hien, this is "good news at the beginning of spring" because TIME is famous for being the most stringent ranking in the world with comprehensive ranking criteria, from financial efficiency to transparency in sustainability (ESG) and employee satisfaction. According to him, these are pillars that cannot be "polished" in the short term. Businesses recognized by TIME, especially top leaders like Vingroup, must affirm their internal capacity and show the vision of a large-scale business.
For many years, Vietnamese businesses have often been seen as strong in the'village pond' but not yet of international stature. The appearance of Vingroup in 57th place in Asia has completely changed the world's view of Vietnam. Vietnamese businesses are not only of regional stature but also top in Asia and the world," he said.
From electric vehicles to megacities: Foundation for sustainable development for society
Vingroup's world stature, according to Dr. Dinh The Hien, is shown right from the revenue of up to tens of billions of USD in 2025 - a figure that is completely comparable to the largest enterprises in Asia. In particular, Dr. Hien emphasized the ESG factor - the pillar of Vingroup that is highly appreciated. "The world today is not looking for businesses that are only strong in revenue, but looking for businesses that have the ability to create long-term value for society, the environment and the economy. The fact that Vingroup is recognized by TIME shows that this group has seriously invested in those platforms," Dr. Hien said.
According to him, from the VinFast electric vehicle ecosystem that helps hundreds of thousands of people transition to green in 2025 to large urban areas planned according to the most advanced sustainable standards such as Vinhomes Green Paradise in Can Gio, Vingroup is showing a systematic ESG approach, throughout many industries. According to Dr. Hien, it is the fact that ESG is "rooted" in the core development strategy, instead of existing as a supporting report, which is a factor that international ranking organizations highly appreciate.
As for Vinhomes, being ranked by TIME in the group of best businesses in Asia, according to Dr. Hien, is a rare case because real estate is a field that is "examined" very carefully for sustainability. He affirmed that real estate only has real value when it creates living space, development motivation and a new economic ecosystem, rather than just a place to live. TIME's recognition of Vinhomes means that Vietnamese businesses are creating spaces of great significance.
Large-scale megacities such as Vinhomes Green Paradise in Can Gio, planned at the national level, are playing a role in activating new value chains for the southern coastal economic region of Ho Chi Minh City, from infrastructure, tourism, services to a sustainable living environment," he affirmed.
Leading enterprises and the leading role of the economy in the new era
In fact, Vingroup and businesses in the ecosystem have been in the top of continental and world-class enterprises more than once. For example, in 2025, Vingroup was also the first and only Vietnamese enterprise to be in the top 1,000 Best Businesses in the World voted by TIME. VinFast was also in the top 100 most influential companies in the world in 2024 and Top 500 best companies in Asia - Pacific in 2025.
From a macroeconomic perspective, Dr. Dinh The Hien believes that the recognition of the world with businesses like Vingroup is of great significance, in the context that Vietnam is entering an acceleration phase with an average GDP growth target of 10% per year in the next 5 years. According to him, an economy that wants to enter a new stage of development must have large enough businesses, qualified enough to lead. The historical development of Asian economies, from Japan and Korea, has proven that.
A leading enterprise is not simply a large enterprise. It is an enterprise qualified to pull the general level up, capable of deeply participating in the global value chain and reputable enough for the world to place long-term trust in. Vietnam has begun to own such enterprises with leading enterprises in Asia and the world such as Vingroup, Vinhomes," Dr. Hien analyzed.
In fact, experts believe that the ecosystem that Vingroup is building is creating a chain reaction effect on many sectors of the economy. From technology, industry to infrastructure, green energy... the development of a leading corporation will lead to a simultaneous upgrade of satellite businesses, partners and domestic supply chains.
Dr. Hien believes that in the context of Vietnam entering an era of rise, the role of businesses like Vingroup becomes even more important. As the growth potential based on cheap labor and resources gradually shrinks, the economy needs large enough corporations to lead innovation, green transformation and improve growth quality.
“TIME's recognition of Vingroup and Vinhomes is a signal that Vietnam's economic structure is shifting towards being healthier and more sustainable. That is the foundation for Vietnam to confidently step deeper into the global arena, not as a follower, but as the leader of the value chain, a weighty partner,” Dr. Dinh The Hien concluded.
