Forbes Vietnam list reveals best stocks in real estate, transport sectors

By Hong Suong, Thanh Nien News

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Hanoi Stock Exchange. Photo: Ngoc Thang Hanoi Stock Exchange. Photo: Ngoc Thang


Real estate and transport companies have dominated Forbes Vietnam's latest list of 50 best listed companies which accounted for 62.14 percent of the country's market capitalization.
In the annual list, which is based on the firms' financial results in 2011-15, Forbes Vietnam has named five real estate companies, including giant Vingroup and newcomers Dat Xanh Group and Khang Dien House.
Popular taxi company Vinasun and Dinh Vu Port Development and Investment JSC, which operates the northern city of Hai Phong-based port, are among five logistics and transport companies making the list.
Agriculture is another profitable sector with four businesses, including sugar producer Thanh Thanh Cong-Tay Ninh and PAN Group.
All the top 50 companies, which operate in 13 sectors including technology and retail, had a market capitalization of more than VND829 trillion (US$36.6 billion) as of May 16, up 14.2 percent from a year ago, according to Forbes Vietnam's figures.
Their total revenue accounted for 37.77 percent of the market, while their net profit were equivalent to more than 53 percent, it said. Vietnam has 683 listed companies. 
The list in Vietnamese can be found here

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