Vinamilk entered the Top 200 companies with the best billion-dollar revenue in Asia

PV September 4, 2019 09:42

(Baonghean) - Forbes Asia magazine has for the first time published the list of 200 best companies with revenue over 1 billion USD in Asia - Pacific (Best Over A Billion). Among them, Vinamilk is the only Vietnamese company in the food industry to be voted into this list, "standing shoulder to shoulder" with big names in the regional economy.

Of the 200 companies selected by Forbes Asia, only 16 are from the Food industry and Vinamilk is the only representative from Vietnam to appear in this group. According to this list, Vinamilk achieved revenue of more than 2.2 billion USD, ranked 4th in terms of sales and 2nd in market value with 9,076 billion USD among 7 representatives from Vietnam.
From 2006 to 2018, the CAGR growth rate of Vinamilk's capitalization reached 57%, the revenue growth rate in the last 5 years (2013 - 2018) reached 10.8%.

Trang trại bò sữa Organic của Vinamilk ở Tây Ninh.
Vinamilk Organic Dairy Farm in Tay Ninh.

Conquer the "strict" rankings
1 billion USD, that is the revenue line chosen by Forbes Asia to list the best companies with revenue above and below 1 billion USD in Asia - Pacific, the world's vibrant economic region. This 1 billion USD line can be considered a milestone showing the size and growth of businesses.
To come up with the list of "200 Best Companies with Revenue Over $1 Billion", Forbes experts analyzed 3,200 listed companies on stock exchanges in the Asia-Pacific region with revenue of more than $1 billion in the last fiscal year.
However, according to Forbes Asia, the goal of this ranking is to select representatives of the best large enterprises in the Asia-Pacific region, so it is not based on just one but many criteria.

Specifically, to be included in this list, businesses with revenue of over 1 billion USD still need to meet a series of other criteria that can be said to be very strict: candidates are ranked based on a group of 12 criteria, including average revenue over 5 years, operating revenue growth, return on capital and expected growth in the next 1-2 years.
If profits and revenues have declined over the past five years, they will be eliminated. Next, companies with long-term debt equal to or greater than half of their capital and facing legal and management problems will also not be selected for the final list.

Vinamilk always strives to bring consumers the best quality nutritional products, according to the world's most advanced standards and trends.

"Long road to know good horse"

Established in 1976 - right after liberation with only 3 factories taken over, Vinamilk encountered many difficulties in the early days of operation. However, with the efforts of all staff, workers and employees, the company gradually recovered to produce the first dairy products made by Vietnamese people.
Experiencing many memorable milestones during 43 years of operation, with the motto of sustainable and transparent business, along with constant innovation and creativity, Vinamilk has always maintained its position as the largest dairy company in Vietnam, trusted by consumers and well-regarded by investors. Every year, the name Vinamilk is always nominated and voted by domestic and foreign financial institutions into the "golden list" of prestigious businesses and high investment performance.

Vinamilk achieved revenue of more than 2.2 billion USD, ranking 4th in terms of sales and 2nd in market value with 9,076 billion USD among 7 representatives from Vietnam.

Ms. Mai Kieu Lien - General Director of Vinamilk said: "Forbes' high appreciation for Vinamilk on the occasion of Vinamilk's 43rd birthday truly brings great joy to the company's team of more than 10,000 officers and employees. Vinamilk in the early days, now or many years later will always strive to bring consumers the best quality nutritional products, according to the world's most advanced standards and trends."

Vinamilk is showing the dynamism and "youth" of a large company with more than 43 years of development with a methodical but flexible and sensitive business strategy to the market. At the same time, owning a large production capacity from a system of 16 factories, 13 dairy farms both domestically and internationally and continuing to invest in expansion has helped Vinamilk accelerate closer to the goal of being in the Top 30 largest dairy companies in the world and continuously receiving high appreciation from prestigious organizations.

Sản phẩm sữa tươi Organic của Vinamilk
Vinamilk Organic Fresh Milk Products.

Forbes Vietnam has announced and honored the "50 best listed companies in Vietnam" in 2019. This is the 7th consecutive year Vinamilk has achieved this title. Also according to Forbes Vietnam, Vinamilk is the leading brand on the list, continuing to hold the leading position in the list of "Top 50 brands" in 2019 with a brand value of more than 2.2 billion USD, accounting for nearly 1/4 of the total brand value of the entire list.

In May 2019, Vinamilk was once again included in the Top 50 companies leading the ASIA 300 list - List of 300 best Asian companies by Japanese financial magazine Nikkei.

Currently, Vinamilk products have been exported to 50 countries and territories with a total export turnover of about 2 billion USD (equivalent to about 45,520 billion VND) since 1997.

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Vinamilk entered the Top 200 companies with the best billion-dollar revenue in Asia
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