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Forbes Vietnam Magazine fit announce “DList of 50 best listed companies in Vietnam in 2024”. Bao Viet is the leading and only brand in the insurance industry to be honored 12 times in a row. continued since the first time Forbes Vietnam makes this list (2013-2024).
Bao Viet is the sole representative of the insurance industry 12 consecutive years honored in the "List of 50 best listed companies" announced by Forbes
Forbes Vietnam's 12th list of 50 best listed companies shows that many industry groups have recovered profits from the bottom, but the spread is uneven, which reflect economic fluctuations during the recent difficult period.
To make the List of 50 Best Listed Companies 2024, companies listed on HSX and HNX are evaluated through many steps. In the preliminary round, companies need to meet the following conditions: making a profit in 2023, with revenue and capitalization of at least VND 500 billion. In the next round, companies are quantitatively scored on five criteria: compound growth rate of revenue, profit, ROE, ROC and EPS growth in the period 2019 - 2023. Forbes Vietnam conducts a qualitative survey to assess the sustainable development of businesses: the company's position in the industry, source of profit, quality of corporate governance, and industry prospects. The data used for calculation is the audited consolidated financial statements for 2023; capitalization data is finalized on May 30, 2024.
As the enterprise with the leading asset scale in the Vietnamese insurance market, Bao Viet Group has passed 3 rounds of strict evaluation by the Organizing Committee to once again be honored in the "List of 50 best listed companies" and Highly rated in all 3 rounds with strict conditions.
Bao Viet is the only representative of the insurance industry to be honored for 12 consecutive years since Forbes Vietnam first made this list. This also reflects the sustainable development and strong financial capacity of Vietnam's first insurance brand with 60 years of establishment.
Group Bao Viet (BVH) – the only insurance company in Vietnam, ranked for the first time in Fortune Southeast Asia 500 (Fortune Magazine, USA)
Fortune – TThe magazine famous for its prestigious world rankings conducts its first ranking in Southeast Asia.: Fortune SEA 500. In there, Bao Viet Group (BVH) To be representing the insurance industry in Vietnam be on the listFortune announced Bao Viet's 2023 business index with revenue reaching 2,415.7 million USD, up 4.7% and profit reaching 74.9 million USD, up 12.9% compared to 2022. Responsestrict criteria for evaluating the scale of the enterprise, the value of its contribution to the economy, as well as the growth rate of revenue and profit of Bao Viet Group - important factors for Fortune magazine to include Bao Viet in the list of Fortune 500 of Southeast Asia this year. Fortune conducts Southeast Asia rankings to reflect the region's impressive growth story through the development and growth of large companies in many fields. The first ranking includes companies arrive from 07 Southeast Asian countries: Indonesia, Thailand, Malaysia, Singapore, Vietnam, Philippines and Cambodia in 57 fields.
VBeing included in the international rankings has demonstrated the value and health of a leading enterprise like Bao Viet in general and the attraction of BVH shares in particular, thereby raising the level of Bao Viet – Financial Group – InsuranceThe oldest insurance in Vietnam.
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