Forbes Vietnam compiled the list based on the contribution of each brand to company`s business performance.
Forbes Vietnam included eight banks in the list of the top 40 Vietnamese valuable brands, as the highest spot in the banking sector belonged to state-run Joint Stock Commercial Bank for Foreign Trade of Vietnam (Vietcombank) at 9th place with a brand value of US$178 million.
Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) and Bank for Investment and Development of Vietnam (BIDV) came in the second and third places among Vietnamese banks with a brand value of US$153.6 million and US$146.2 million, respectively.
The remaining are privately-run joint stock banks, among which Vietnam Prosperity Joint Stock Commercial Bank (VPBank) took the lead at the 13rd place with US$99.2 million, followed by Vietnam Technological and Commercial Joint Stock Bank (Techcombank) with US$89.2 million in the 15th.
Military Bank (MB) ranked 23rd in the list with a brand value of US$76.4 million, while Asia Commercial Bank (ACB) stood at 33rd with US$37.5 million. HDBank was the last among banks with US$26.7 million, which is also the its first inclusion in the list.
In addition to HDBank, other three companies were named in the list for the first time, including Vietnam Posts and Telecommunicaions Group (VNPT), Vinhomes and Vinaphones, ranking 3rd, 5th, and 6th, respectively.
Total brand value in this year's list of Forbes Vietnam reached nearly US$8.1 billion. Vietnam Dairy Products (Vinamilk) is the most valuable brand with US$2.28 billion in value, followed by military-run telecoms group Viettel with US$1.39 billion.
Forbes Vietnam compiled the list based on the contribution of each brand to company's business performance.
The most valuable brand would be for the company with the highest revenue in a sector that is heavily dependent on brand, according to Forbes Vietnam.
Illustrative photo.
|
The remaining are privately-run joint stock banks, among which Vietnam Prosperity Joint Stock Commercial Bank (VPBank) took the lead at the 13rd place with US$99.2 million, followed by Vietnam Technological and Commercial Joint Stock Bank (Techcombank) with US$89.2 million in the 15th.
Military Bank (MB) ranked 23rd in the list with a brand value of US$76.4 million, while Asia Commercial Bank (ACB) stood at 33rd with US$37.5 million. HDBank was the last among banks with US$26.7 million, which is also the its first inclusion in the list.
In addition to HDBank, other three companies were named in the list for the first time, including Vietnam Posts and Telecommunicaions Group (VNPT), Vinhomes and Vinaphones, ranking 3rd, 5th, and 6th, respectively.
Total brand value in this year's list of Forbes Vietnam reached nearly US$8.1 billion. Vietnam Dairy Products (Vinamilk) is the most valuable brand with US$2.28 billion in value, followed by military-run telecoms group Viettel with US$1.39 billion.
Forbes Vietnam compiled the list based on the contribution of each brand to company's business performance.
The most valuable brand would be for the company with the highest revenue in a sector that is heavily dependent on brand, according to Forbes Vietnam.
Other News
- Finance ministry clears bottlenecks to pave way for stock market upgrade
- Over 60% of Vietnamese use QR codes to pay
- Casinos contribute US$370 million to state budget over 5 years
- Standard Chartered and IATA partner to launch IATA Pay in Vietnam
- Vietnam’s capital market shows positive signs: Finance Ministry
- Prime Minister urges banks to cut lending rates further
- Potential upgrade to emerging status may pull US$25 billion into Vietnam’s stock market
- Vietnam to finalize legal framework for digital assets in May
- VCCI hosts 14 international investors to study Vietnam's potential
- Enhanced local trade finance in Vietnam: A potential US$55 billion annual trade boost
Trending
-
World Bank looks forward to stronger ties with Vietnam: country director
-
Vietnam news in brief - March 29
-
Hanoi kicks off communication contest on Dien Bien Phu victory
-
French education group Odyssey keen on strengthening cooperation with Hanoi
-
Hanoi, Shanghai strengthen investment cooperation
-
UOB Painting of the Year Award opens doors to the world for Vietnamese artists
-
Grapefruit blossom perfume Hanoi's air
-
MICE tourism: Vietnam's lucrative “golden market” unveiled
-
Vietnam: Sleep Tourism on the rise