VINACONEX in the Top 500 largest enterprises in Southeast Asia by 2025

As one of the world's leading corporate ranking systems, Fortune SEA 500 - the 500 largest enterprises in Southeast Asia is announced with the aim of honoring the region's leading corporations, promoting Southeast Asia's position as a global manufacturing, trade and investment center.

This is the second consecutive year that Fortune magazine has published a list of 500 large and influential enterprises in 6 Southeast Asian economies including: Vietnam, Indonesia, Thailand, Malaysia, Singapore and the Philippines. The ranking is voted based on revenue in fiscal year 2024, with the minimum revenue threshold to be included in the list being 349.4 million USD (equivalent to about 9,000 billion VND).

In 2025, Vietnam will have 76 representatives participating in the Fortune SEA 500, an increase from 70 enterprises last year, demonstrating the strong internal strength and regional aspirations of the Vietnamese business community, especially those with flexible management strategies and stable growth capacity in a volatile business environment.

In 2024, in the context of many economic difficulties, VINACONEX continues to maintain positive growth momentum, operating effectively on all three strategic pillars: construction, real estate and financial investment. Consolidated revenue of the whole system reached 13,176 billion VND, of which consolidated profit after tax reached 1,108 billion VND, completing 117% of the yearly plan. The parent company recorded revenue of 9,746 billion VND, profit after tax of 861 billion VND, reaching 100% of the plan, the highest level in many years. The dividend rate of 16%, equivalent to 160% of the plan, continues to demonstrate the commitment to sharing sustainable value with shareholders.

Continuing the growth momentum, in 2025, VINACONEX sets a target of consolidated revenue of VND 15,500 billion, after-tax profit of VND 1,200 billion and maintains a dividend policy at 16%.

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In 2025, VINACONEX aims to achieve consolidated revenue of VND 15,500 billion and after-tax profit of VND 1,200 billion.

In the construction sector, VINACONEX is striving to speed up progress and ensure construction quality in a series of key national infrastructure projects such as Long Thanh International Airport Phase 1, Ring Road 4 - Capital Region, Terminal T2 expansion project - Noi Bai International Airport..., thereby continuing to affirm its position as one of the leading contractors in Vietnam.

In the field of real estate investment, VINACONEX has implemented many large-scale projects such as Capital One Commercial Complex, Office, Luxury Serviced Apartments ( Hanoi ), Vera Diamond City Urban Area (Mong Cai)... At the same time, the enterprise also focuses on developing strategic industrial zones, researching and building social housing projects according to the Government's policies...

Financial investment is also one of the three pillars that helps VINACONEX overcome challenging periods of the market, focusing on areas that generate stable revenue such as energy (Ngoi Phat Hydropower Plant, DakBa Hydropower Plant), clean water (Viwaco Joint Stock Company) and education (Ly Thai To Education System). This is expected to be the foundation for VINACONEX's long-term and sustainable growth.

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VINACONEX is implementing the construction of the 6th telescopic bridge at the Passenger Terminal - Long Thanh International Airport.

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Capital One international standard commercial center, office, serviced apartment and hotel complex invested and built by VINACONEX.

According to the company representative, the event of VINACONEX appearing for the first time in the Fortune SEA 500 ranking - 500 largest enterprises in Southeast Asia is not only a milestone to recognize outstanding development achievements, but also a clear demonstration of the pioneering spirit and growing stature of a Vietnamese enterprise on its journey to reach out to the region.

Source: https://dantri.com.vn/kinh-doanh/vinaconex-vao-top-500-doanh-nghiep-lon-nhat-dong-nam-a-nam-2025-20250715115013301.htm