Forbes honors Vietjet in the list of 50 best listed companies in Vietnam 2024

Forbes honored Vietjet in the list of 50 best listed companies in Vietnam 2024. Photo: Vietjet

Based on the audited business results report for 2023, representing the aviation industry, Vietjet is the 5th ranked enterprise in terms of revenue with VND 58,300 billion, an increase of 45% over the same period in 2022. This is a clear demonstration of the airline's strong recovery and sustainable growth strategy.

Forbes Vietnam's Top 50 best listed companies are selected based on a rigorous evaluation process, from preliminary selection based on basic financial criteria to scoring based on revenue growth, profit, ROE, ROC and EPS growth in the period 2019-2023. In addition, Forbes also carefully considers the position in the industry, quality of governance and development prospects of the business.

Chairman & CEO of Forbes Vietnam Dang Minh Phuong (left) congratulates Ms. Ho Ngoc Yen Phuong, Member of the Board of Directors - Deputy General Director of Vietjet (right) with the award of Top 50 Best Listed Companies 2024. Photo: Vietjet

In the context of the global economy facing many challenges, in the first six months of 2024, Vietjet continued to record outstanding business results with total revenue reaching VND 34,016 billion, up 15% over the same period in 2023, while pre-tax profit reached VND 1,311 billion, up 433% over the same period, exceeding the profit plan for the whole year of 2024 by 21%. Vietjet is also rated VnBBB-, among the highest among Vietnamese enterprises.

Vietjet is constantly growing its fleet and expanding its flight network, expected to receive 10 new aircraft in 2024 with a sustainable development plan, expanding its flight network across Vietnam and internationally to Australia, Japan, Korea, China, India, Singapore, Thailand, Malaysia, Laos, Cambodia, Indonesia, Taiwan (China) ... and beyond to meet the needs of people and tourists.

Top 50 best listed companies in Vietnam 2024 with leading excellent enterprises such as Vietjet, Petrolimex, Vinamilk ,... Photo: Vietjet

Since its listing, Vietjet’s VJC shares have always been highly appreciated by domestic and international investors, with good profitability. Not only has Vietjet been listed in the list of 50 best listed companies by the prestigious Forbes magazine many times, Vietjet has also been awarded the “Best Financially Managed Airline” award by the world’s leading financial magazine International Finance, and honored by Airfinance Journal as one of the world’s top 50 best airlines for financial health. AirlineRatings also recognized Vietjet as “The World’s Best Ultra-Saver Airline”.

Source: https://laodong.vn/kinh-doanh/forbes-vinh-danh-vietjet-trong-danh-sach-50-cong-ty-niem-yet-tot-nhat-viet-nam-2024-1383655.ldo