Vietnam's leading dairy firm Vinamilk has been granted by Forbes Asia the title of being one of 200 best small and medium enterprises in the continent in 2010 in Hong Kong.
The "Best Under A Billion" list highlights the 200 top-performing small and midsize enterprises with revenues under US$1 billion.
The magazine received 151 new entries this year, including the first Vietnamese firm.
Vinamilk's sales during 2009 tallied $575 million, which ranked it 16th on the September list.
Companies from Hong Kong and mainland China dominated the list with 71 entries, although this was below last year's 78.
The list analyzes profit making, growth, debts and potentials of 12,000 listed businesses.