Vinamilk is always among the most prominently listed businesses in Vietnam.

DNHN - Vinamilk consistently ranks among the Top 50 most effective companies in Vietnam and the Top 50 best-listed companies in Vietnam.

Having held the position for over a decade

 Nhip Cau Dau Tu Magazine, in collaboration with Thien Viet Securities Company, released the ranking of Vietnam's Top 50 most effective companies (TOP50) over the weekend. In its twelfth year, this ranking recognizes 50 companies that hold 34% of the total market capitalization, or 80 billion USD.

With a return on equity (ROE) of 30% and a market capitalization of USD 6.57 billion, Vinamilk is the sole dairy industry representative in this year's rankings. This billion-dollar enterprise has also maintained a position in the Top 50 most effective companies in Vietnam for the past 12 years. This demonstrates the company's resilience to economic fluctuations over the past decade.

Top 50 most effective companies in Vietnam evaluate the business performance of companies over three years using three growth indicators: revenue, return on equity (ROE), and net income. per-share earnings. The purpose of measurement results is to objectively evaluate an organization's management capacity.

"During its twelve years of existence, Nhip Cau Dau Tu has witnessed the proud growth of Vietnamese businesses and the continuous expansion of the economy. Therefore, the TOP50 2023 event will honor numerous companies with larger scales, higher capitalization value, and strong growth rates, deserving of being the country's pride, as stated by the Magazine's representative. will be able to.

Previously, the "giant" of the dairy industry appeared for the eleventh consecutive year on Forbes Vietnam's list of the 50 best-listed companies. According to this list, Vinamilk will rank fifth in capitalization value in 2022, with revenue and profit after tax of over 60,000 billion VND and nearly 8,600 billion VND, respectively. The company's revenue target for 2023 is 63,380 billion VND, a 5.5% increase from the previous year, and an after-tax profit of 8,622 billion VND.

"In terms of product structure, Vinamilk dominates the market in a variety of key product industries. Forbes reports that the company owns more than 146,000 dairy cows (including a system of farms and cooperative farmers), operates 15 farms in Vietnam and Laos in addition to 16 dairy factories.

Growth comes with sustainable development

 2023 is also the 20th anniversary of Vinamilk's official equitization, a turning point that helped the company's charter capital, revenue, and profit skyrocket. Over the past two decades, the leading dairy industry unit's total revenue and pre-tax profit have increased by 15 and 13 times, respectively. In December 2003, when equitization began, Vinamilk's charter capital had only reached 1,590 billion VND; by the end of 2022, the company's capitalization value had surpassed 159 billion VND.

Vinamilk is also among the companies with the highest cash dividend payments on the stock exchange, with a total payment value of over 76,700 billion VND for the period 2004-2022. In terms of domestic dairy industry market share, the unit ranks first. The aforementioned figures are an indication of the production and business model's efficacy, as well as the management skills and courage of the company's leadership over time.

Not only does it maintain a stable performance in domestic rankings, effective production and business activities also help the Vinamilk brand increase its value in the eyes of international valuation units. Brand Finance (the world's leading brand valuation organisation, headquartered in the UK) announced in August of this year that Vinamilk's brand value had increased to $3 billion (from over $2.8 billion). USD in 2012).

Consequently, this "giant" moved up one spot to the number two spot on the list of the Top 100 most valuable brands in Vietnam, reaffirming its status as the most valuable food brand in Vietnam and the most valuable food brand in Vietnam. Sixth largest dairy in the world. In particular, Vinamilk is the only Southeast Asian dairy brand to rank among the top five most sustainable dairy brands worldwide.

"Sustainability is gaining importance as a trend. Vinamilk is promoting the trend of sustainable development in the food industry, capturing the needs of increasingly conscientious consumers. Due to this, they are always the most popular brand among Vietnamese consumers, according to Alex Haigh, CEO of Brand Finance's Asia-Pacific division.

Mr. Chu Minh Truong, Editorial Secretary of Nhip Cau Dau Tu Magazine, stated at the event announcing the Top 50 most effective businesses in Vietnam that there are many common factors that help businesses sustain growth. Increasing revenue and profits. Notably, the level of commitment of the leadership team to the core business and sustainable development trends according to ESG criteria (Environment - Society - Governance). In the period between 2022 and 2026, sustainable development is also one of Vinamilk's four strategic pillars.

PV