VINACONEX NAMED AMONG SOUTHEAST ASIA’S 500 LARGEST COMPANIES IN 2025 BY FORTUNE

Among the 76 Vietnamese representatives listed in the Fortune Southeast Asia 500 2025 (Fortune SEA 500) ranking,  Vietnam Construction and Import-Export Joint Stock Corporation - VINACONEX (HOSE: VCG) makes its debut, marking a major milestone in the corporation’s journey toward regional integration and international recognition as a leading Vietnamese brand in construction, real estate, and financial investment. 
Recognized as one of the world’s most reputable enterprise rankings, Fortune SEA 500 - 500 largest enterprises in Southeast Asia is announced with the aim of honoring the leading corporations in the region, promoting, reflecting the Southeast Asia’s growing importance as a global hub for manufacturing, trade, and investment.

s across six major Southeast Asian economies—Vietnam, Indonesia, Thailand, Malaysia, Singapore, and the Philippines. The 2025 list is based on financial year 2024 revenue, with a minimum threshold of USD 349.4 million (approximately VND 9 trillion) required for inclusion.

This is the second consecutive year Fortune has released its list of the 500 largest and most influential enterprises across 6 key Southeast Asian economies: Vietnam, Indonesia, Thailand, Malaysia, Singapore, and the Philippines. The 2025 ranking is based on companies’ fiscal year 2024 revenue, with the minimum requirement set at USD 349.4 million (approximately VND 9 trillion). 

NIn 2025, Vietnam has 76 representatives in the Fortune SEA 500, up from 70 the previous year, demonstrating the strength and aspiration of the country’s business sector, particularly among those with flexible management strategies and stable growth capacity amid economic challenges.

In 2024, despite economic headwinds, VINACONEX maintained a solid growth trajectory across its three strategic pillars: construction, real estate, and financial investment. The corporation reported consolidated revenue of VND 13.176 trillion, with consolidated post-tax profit reaching VND 1.108 trillion, equivalent to 117% of the annual target. The holding company alone recorded revenue of VND 9.746 trillion and after-tax profit of VND 861 billion, meeting 100% of the plan and achieving the highest profit in recent years. The dividend rate of 16% - 160% of the annual target, also underscored VINACONEX’s strong commitment to sharing sustainable value with shareholders. 

Continuing the growth momentum, VINACONEX has set targets for 2025, aiming for VND 15.5 trillion in consolidated revenue, VND 1.2 trillion in after-tax profit, and maintaining a dividend rate of 16%.

In the construction sector, VINACONEX is accelerating progress and ensuring high-quality execution across several key national infrastructure projects, including Long Thanh International Airport Phase 1, Ring Road No.4 - Hanoi Capital Region, and the expansion of Terminal T2 at Noi Bai International Airport. These efforts reinforce VINACONEX’s position as one of Vietnam’s leading contractors.

As for real estate, the corporation has effectively implemented a number of large-scale projects, such as the Capital One complex of premium commercial, office and serviced apartment spaces (Hanoi), Vera Diamond City urban area (Mong Cai), etc. VINACONEX is also focusing on strategic industrial zones, researching and building social housing projects in line with government policy as well.

Financial investment continues to be one of VINACONEX’s three pillars, helping the enterprise navigate market volatility. VINACONEX concentrates its investment in stable revenue-generating areas such as energy (Ngoi Phat and DakBa hydropower plants), clean water supply (Viwaco JSC), and education (Ly Thai To Education System), all of which provide a solid foundation for sustainable, long-term growth.

VINACONEX’s debut on the Fortune SEA 500 ranking - 500 largest enterprises in Southeast Asia is not only a milestone in its remarkable growth journey but also a testament to the corporation’s pioneering spirit and rising stature as a leading Vietnamese enterprise making its mark on the regional stage.

By tienphong.vn