In the 12 years of publication, the ranking of the 50 best listed companies has witnessed many changes, however, only one representative of the dairy industry and the fast-moving consumer goods (FMCG) industry, Vinamilk, has maintained its presence and is always in the top 10 positions of this list.

Typical FMCG enterprises in the Top 50 Based on the audited financial results report in 2023, the Top 50 Best Listed Companies in 2024 announced by Forbes Vietnam is a list that gathers enterprises considered "locomotives of the economy and typical representatives of the industry in which they operate". According to this year's results, Vinamilk continues to be in the Top 5 and is the only FMCG enterprise. The remaining representatives come from the fields of industry, oil and gas, iron and steel and finance. After 12 years of publication, this list has recorded many changes, reflecting fluctuations through many stages of the economy and market with both objective and subjective factors. In this year's list alone, there have been 18 changes in the 50 honored names. For example, the "absence" of some names in the consumer and retail sectors in the context of the market's purchasing power still being quite quiet and at the same time, new names have appeared. In the annual list of Forbes Vietnam, Vinamilk can be said to be a special case when it is not only the only representative of the dairy industry in the Top 10, but also the only fast-moving consumer goods company to be present for 12 years, since this ranking was first announced. During this period, Vinamilk's total revenue recorded a doubling, from VND 27,102 billion in 2012 to VND 60,479 billion in 2023.

A system of 14 modern domestic factories and 2 overseas factories helps ensure production capacity and product quality - Photo: VGP/PD

Attracting investment thanks to quality and sustainability Since its official listing in 2006, Vinamilk (VNM) has been one of the major stocks in the VN30 basket and has been in the group of 20 "green" stocks VNSI leading in sustainability for many years in terms of Environmental-Social-Governance (ESG) indicators. According to the 2023 annual report, Vinamilk is a large-cap F&B company on the HOSE with nearly 6 billion USD, revenue of more than 2.4 billion USD, in the Top 40 largest dairy companies in the world. This leading listed company in the Vietnamese dairy industry has always received attention from large investment funds from Singapore, the US... thanks to its transparency, sustainability and good governance. Currently, the largest foreign shareholders investing in Vinamilk are F&N Dairy Investment and Platinum Victory from Singapore, Fubon FTSE Vietnam ETF from Taiwan or Vanguard International Value Fund from the US... In the first 6 months of 2024, Vinamilk's revenue growth reached impressive numbers, of which the export segment in the second quarter of 2024 was a bright spot with an increase of 37% over the same period, maintaining the growth chain from 2023 to present. Vinamilk has now exported to over 60 countries and territories, including "difficult" markets such as the US, Australia, New Zealand, Japan, Korea... In the domestic market, continuous investment in product quality helps Vinamilk maintain its leading position, with 12 consecutive years as the most chosen milk brand in Vietnam and in the Top 3 FMCG manufacturers chosen by Vietnamese consumers.

With more than 25 years of export experience, Vinamilk has brought Vietnamese dairy products to more than 60 countries around the world - Photo: VGP/PD

These positive results are said to come from continuous improvement, enhancement of product quality, market expansion as well as optimization of cost efficiency and operational efficiency. In particular, the enterprise's comprehensive innovation strategy from mid-2023 is also creating a strong driving force for the current growth momentum. In addition to the factor of business efficiency, Vinamilk also "scores points" with investors thanks to its brand value, product quality and sustainable development orientation. It can be said that Vinamilk is still a pride of Vietnam's national brand, owning a brand worth up to 3 billion USD and being in the Top 10 of the global dairy industry. This enterprise also shows its persistence in sustainable development strategy, as a pioneer in ESG activities in Vietnam, typically programs aiming for Net Zero by 2050... This is also a bright spot of Vinamilk for investors, especially in the context of the increasing trend of ESG investment. With the existing foundations and current development momentum, Vinamilk is considered a typical representative of Vietnamese enterprises in the globalization trend. Source: https://baochinhphu.vn/vinamilk-12-nam-lien-co-mat-trong-top-50-cong-ty-niem-yet-tot-nhat-102240812102542693.htm