VINACHEM

The total value of the top 50 Vietnamese brands in 2019 unveiled by Forbes Vietnam is estimated at over US$9.3 billion, up US$1.2 billion from the figure announced last year.

The most value brand belongs to the dairy giant Vinamilk at US$2.2 billion, followed by the military-run telecommunications firm Viettel and beverage producer Sabeco.

Viettel was named the fastest-growing brand with its value rising from US$1.397 billion a year earlier to the current value of US$2.163.

The other brands in the top ten, which are worth US$6.9 billion in total, are Vinhomes, Masan, MobiFone, Vinaphone, Vietcombank, FPT and Vincom Retail.

With ten brands on the top 50 list, the food and beverage sector accounts for the largest share in terms of the number of brands while consumer, banking, telecommunications, property and retail make up the largest share in terms of value.

Other sectors such as agricultural support, securities, travel and accommodation have only one representatives each respectively.

The list was compiled based on the contributions of brands to the companies’ business performance.

A number of large state-owned and private companies are missing from the list because they did not disclose or declined to provide their financial data. - Source: VNN-