They include the Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank), the Bank for Investment and Development of Vietnam (BIDV), property and retail giant Vingroup and the Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank).

Vietcombank was ranked at the 1,096th position, up 198 places from 2018. BIDV slipped two places to 1,716th while VietinBank dropped 50 places to 1,769th. Vingroup rose by 245 spots to 1,747th.

Companies on the 17th annual Global 2000 account for more than 40 trillion USD in annual revenues and upwards of 186 trillion USD in global assets.

Rankings are based on a composite score of revenues, profits, assets and market value. VNA/VNN

Vietnam escapes US’s likely currency manipulator blacklist

The US is likely not to include Vietnam in a twice-yearly report of currency manipulators based on new data the country provided the Treasury Department, Bloomberg reported, citing a person familiar with the matter.

Inventories of Vietnam’s 20 listed property firms hit US$7.4 billion

High inventories were attributable to sluggish construction that was caused by legal loopholes.

More firms competing for shares in Vietnamese consumer lending market

Vietnamese and international financial institutions alike are ramping up their presence by establishing or acquiring consumer credit companies amid Vietnam’s burgeoning personal finance market.