FPT become top listed tech company in Vietnam by Forbes

The top 50 listed companies in Vietnam by Forbes is evaluated based on criteria including outstanding business result in the industry, key position in the market and high profit for investors.

As reported by Forbes, the total market capitalization of Top 50 was nearly VND 661, 180 billion, accounting for 60.4% of the total market capitalization by the end of June 3rd. In 2013, the total revenue and profit-after-tax of Top 50 were respectively VND 314,530 billion and VND 48,620 billion, accounting for 36% and 60% of the whole market.

In 2013, revenue and profit-after-tax of FPT Corporation were respectively VND 27,028 and 2,065 billion.

In 50 companies, in addition to the technology sector, most of them operate in the fields of construction, oil and gas, food, banking and real estate etc.

Petroleum Corporation of Vietnam (GAS) topped the list with VND 185,710 billion market capitalization while Vietnam Dairy Products Joint Stock Company (VNM) came in second with VND 103,346 billion market capitalization. Masan Group Corporation (MSN) was ranked the third with 73,124 billion market capitalization.

After the first 4 months of 2014, FPT reached 9,775 FPT billion in revenue, an increase of 28% compared to the same period in 2013, completing 112% of 4-month plan. Profit-before-tax was VND 773 billion, up 2% compared to the same period in 2013, reaching 107% of the plan.