Facts About The 6 Biggest Companies In Vietnam

With Vietnam’s growing economy and developing job market, more and more people are coming to the country to find a job and get a better quality of life. Today, everyone is seeking an employment opportunity that will give you great benefits, a good salary, an excellent work balance, and a favorable work environment. Here are some interesting facts that may make you want to join one of the biggest companies in Vietnam. 

Samsung Electronics Vietnam Co Ltd: Contributing 28% of Vietnam’s GDP in 2018

With its huge investment, Samsung has turned Vietnam from a manufacturing complex into a global headquarters of the company’s research and development activities. The company made US$65.7 billion in sales in the country in 2018, the company accounts for around 28% of Vietnam’s GDP. These figures mean that Vietnam has solidified its position as the biggest production base for Samsung Electronics. The company employs more than 100,000 people and has helped make Vietnam the second-biggest exporters of smartphones in the world. As the biggest company in Vietnam, Samsung offers its employees a good environment and teamwork with a great competitive work package and excellent benefits. Some employees are also allowed to work from home when necessary to make sure they have a work/life balance. Of course, working in this company is busy, but the employees are given lots of responsibilities and support to accomplish their tasks.

Vingroup Joint Stock Company: Owns more than 48 subsidiaries

Vingroup Joint Stock Company (Vingroup JSC) is a company engaged in real estate investment, retail, and services. Founded by property developer and entrepreneur Phạm Nhật Vượng, Vingroup now operates over 1,000 shops across Vietnam and served over 4 million visitors at its amusement parks. Vingroup was founded in Ukraine in 1993 and originally produced dried foods. However, the company sold its Ukraine operation to Nestlé in 2010. Today, the company has 48 subsidiaries, ranging from residential estates, shopping malls, to schools and universities. The number of subsidiaries that the company owns is a big opportunity for both expats and locals. Most expats work as a teacher in Vinschool, which has a total of 13,000 students.

Honda Vietnam Company: The Name of Every Motorcycle in Vietnam

In 1967, Honda exported 20,000 Super Cubs to Vietnam, and since then, the motorcycle in all its many variations has become the most popular motorcycle in the country. At one point, 90% of all the motorcycles used in Vietnam were Super Cubs. Super Cubs’ remarkable popularity can be seen on how the people of Vietnam refer to any motorcycle they see as a ‘Honda.’ Whether it is a motorcycle, a scooter, or moped, they are all called Honda, no matter what the brand and the actual manufacturer might be. And of course, its popularity has made Honda one of the biggest companies in Vietnam. Its headquarters in Vinh Phuc is the main base of operations with three factories. There are approximately 8,000 employees that work at the headquarters. 

Mobile World Investment Corporation: The Second Biggest Private Enterprise in Vietnam

Regarded as the number 1 retailer in Vietnam by revenue and net profit after tax with over 2,200 stores nationwide, Mobile World Investment Corporation operates two retail chains, dienmay.com, and thegioididong.com While thegioididong.com specializes in the retail sale of digital products such as cellular mobile phones, tablets, laptops, and accessories, dienmay.com specializes in the retail sale of consumer electronic products such as televisions, refrigerators, and washing machines. Founded in 2009, the company currently has 26,207 employees, US$3.8 billion sales, and USD$2.2 billion market capitalization, which makes it the second-biggest private enterprise in Vietnam by revenue in 2018.

Vinamilk: First Vietnam Company to be listed in Forbes Asia’s 200 best Under a Billion List

Vinamilk, or Vietnam Dairy Products Joint Stock Company, recorded a 5.3% annual growth in net revenue in 2018. It is currently the largest dairy company in Vietnam and is the first company in the country to be included in the Forbes Asia’s 200 Best under a Billion lists, which highlights 200 top-performing small and mid-sized companies with annual revenue under US$1 billion. In addition, the company is also listed in #1888 in Forbes Global 2000. The company was founded in 1976 and today it has exported its products to the Middle East, Cambodia, the Philippines, and Australia. 

FPT Corporation: The Leader of Numerous Business Areas

The largest information technology service company in Vietnam, FPT Corporations or FPT Group, is widely known as the leader of various business areas in the country, including software exports, system integration, software development, IT services, and technology product distribution. In 2018, the company generated revenue of 23,214 billion VND, making it one of the biggest companies in 2018. Boasting a young, stable, and highly qualified workforce, the company currently employs more than 27,000 Vietnamese and over 14,000 foreign staff.