In June 2024, Forbes Vietnam announced the list of Top 50 best listed companies in 2024, This is the 8th time PVI has received this prestigious award.

This is the 12th list reflecting economic fluctuations. The decline of the stock market and difficulty in raising international capital are the reasons for the lack of large-scale IPO listing deals. In the context of the frozen real estate market and weak domestic consumption, defense industries, essential consumer goods, and food rose to the throne.

Top 50 best listed companies shows that many industry groups have recovered profits from the bottom, but the spread is not uniform. When profits have not returned to a stable growth trajectory, VN-Index fluctuates in a strong amplitude according to the psychology and cash flow of individual investors. Exchange rates have become a notable variable in the stock market.

To evaluate the List of 50 best listed companies in 2024, companies listed on HSX and HNX are evaluated through many steps. In the preliminary round, companies need to meet the following conditions: be profitable in 2023, have a minimum revenue and capitalization of VND 500 billion. In the next round, companies are quantitatively scored on five criteria: compound growth rate of revenue, profit, ROE, ROC ratio and EPS growth in the period 2019—2023.

Forbes Vietnam conducted a qualitative investigation to evaluate the sustainable development of the business: company position in the industry, source of profits, quality of corporate governance, industry prospects. The list has quantitative calculation support from Ho Chi Minh Securities Company (HSC). Capitalization is finalized on May 30, 2024. The data used for calculation is the audited consolidated financial statements of 2023.

After 28 years of construction and development, PVI quickly rose strongly to become a leading enterprise in the fields of financial investment, insurance, financial consulting... The enterprise is continuing to transform with the goal of aims to become a leading financial and insurance institution in Vietnam.

At the end of the first quarter of 2024, the entire PVI system exceeded the plan for the consolidated revenue and Profit before tax targets assigned by the Board of Directors at the rates of 136% and 143%, respectively. Consolidated revenue in the first quarter reached 6,478 billion VND, growing 50% over the same period last year, completing 37.2% of the year plan. Although the forecast of the world and Vietnam economic situation is not as positive as expected, the entire PVI system still believes that it will complete the 2024 business plan approved by the General Meeting of Shareholders with total estimated revenue and profit before tax of 117% and 109.8%, respectively.