Vietnam is the easternmost country on the Indochina Peninsula in Southeast Asia. For much of its history, Vietnam was a predominantly agricultural civilization based on wet rice cultivation. There is also an industry for bauxite mining in Vietnam, an important material for the production of aluminum. The Vietnamese economy is shaped primarily by the Vietnamese Communist Party in Five Year Plans made through the plenary sessions of the Central Committee and national congresses.
Manufacturing, information technology and high-tech industries now form a large and fast-growing part of the national economy. Though Vietnam is a relative newcomer to the oil industry, it is currently the third-largest oil producer in Southeast Asia, with a total 2011 output of . In 2010, Vietnam was ranked as the 8th largest crude petroleum producers in the Asia and Pacific region.Fong-Sam, Yolanda (August 2012) "Vietnam" in 2010 Minerals Yearbook. USGS. Like its Chinese neighbours, Vietnam continues to make use of centrally planned economic five-year plans.
For further information on the types of business entities in this country and their abbreviations, see "Business entities in Vietnam".
Largest firms
This list shows firms in the 2017 Forbes Global 2000, which ranks firms based on four measures: sales, profit, assets and market value. The list only includes publicly traded firms.
RankImageNameSales (US$M)Profit (US$M)Assets (US$M)Market Cap (US$M) 1633 Vietinbank 2,700 304 41,700 3,000 1656 Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) 2,100 305 34,600 5,800 1682 Bank for Investment and Development of Vietnam (BIDV) 3,300 275 44,200 2,600 1888 Vinamilk 2,100 396 1,300 9,100
Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
See also List of airlines of Vietnam List of banks in Vietnam
References