Top 10 Largest Private Corporations in Vietnam

Hoa Phat is one of the leading industrial manufacturing groups in Vietnam. It started as a company focused on trading construction machinery in August 1992. Over time, Hoa Phat expanded into various sectors including furniture, steel pipes, construction steel, refrigeration, real estate, and agriculture. On November 15, 2007, Hoa Phat officially listed its shares on the Vietnamese stock market with the ticker symbol HPG.

Today, the Group operates in five key industries: Iron and Steel (including construction steel and hot-rolled coils) - Steel Products (such as steel pipes, galvanized steel, wire rods, and prestressed steel) - Agriculture - Real Estate - Household Appliances. Steel manufacturing is the core business, accounting for 90% of the group’s total revenue and profits. With a capacity of 8 million tons of crude steel per year, Hoa Phat is the largest steel producer in Southeast Asia. The Hoa Phat Group holds the leading market share in Vietnam for construction steel, steel pipes, and Australian beef. Today, the group ranks among the top 10 largest private enterprises in Vietnam, the top 10 most profitable companies, and the top 5 publicly listed companies with the largest chartered capital on the Vietnamese stock market. Hoa Phat’s market capitalization reaches 11 billion USD, placing it among the top 15 largest steel companies globally.

CONTACT INFORMATION:

Address: Pho Noi A Industrial Zone, Giai Pham Commune, Yen My District, Hung Yen Province

Phone: 024 6284 8666

Email: [email protected]

Website: https://www.hoaphat.com.vn/

Facebook: facebook.com/tapdoanhoaphat1992/

Masan Group was founded in November 2004 under the name Ma San Marine Joint Stock Company. The company officially rebranded as Masan Group Corporation in August 2009 and successfully listed on the Ho Chi Minh City Stock Exchange on November 5, 2009. In July 2015, the company underwent another name change to Masan Group Corporation.

With the continuous economic growth of Vietnam, consumer needs have also evolved. In addition to basic daily essentials, consumers now demand a variety of products and services that offer unique experiences tailored to individual preferences and modern lifestyles. Technology and convenience have become top priorities for many. Anticipating this trend, alongside its branded product lines, Masan Group has built an integrated consumer-technology ecosystem that spans from offline to online platforms.

CONTACT INFORMATION:

Address: P.802, 8th Floor, Central Plaza, 17 Le Duan, Ben Nghe Ward, District 1, Ho Chi Minh City

Phone: 028 6256 3862

Email: [email protected]

Website: masangroup.com

Facebook: facebook.com/masancorp/

Thaco Group (THACO) was founded on April 29, 1997, in Dong Nai by its founder, Mr. Tran Ba Duong, who is currently the Chairman of the Board. THACO consists of six member subsidiaries: THACO AUTO - handling the production and business of automobiles; THACO AGRI - managing the agriculture sector; THACO INDUSTRIES - overseeing mechanical engineering and industrial support; THADICO - responsible for construction investments; THILOGI - focusing on logistics; and THISO - in charge of trade and services.

Over the course of 25 years, THACO has grown from a company specializing in importing used cars and providing automotive parts into a diversified industrial group. It now encompasses THACO AUTO (Automobiles), THACO AGRI (Agriculture and Forestry), THACO INDUSTRIES (Machinery and Industrial Support), THADICO (Construction Investment), THILOGI (Logistics), and THISO (Trade and Services). These sectors complement each other and are highly integrated. After more than 25 years of growth, THACO Group has become a leading multi-industry conglomerate in Southeast Asia, contributing to the overall development of Vietnam's economy.

CONTACT INFORMATION:

Address:

• 541 Nguyen Van Cu, Gia Thuy Ward, Long Bien District, Hanoi
• 10 Mai Chi Tho, Thu Thiem Ward, Thu Duc City, Ho Chi Minh City
• Village 4, Tam Hiep Commune, Nui Thanh District, Quang Nam Province.

Phone: 028 3997 7824

Email: [email protected]

Website: thacogroup.vn

Facebook: facebook.com/TapdoanTruongHai.THACO

VPBank - Vietnam Prosperity Joint Stock Commercial Bank (HOSE: VPB) was founded in 1993 under the name Vietnam Non-State-Owned Enterprise Commercial Bank. After 25 years of operation, VPBank has increased its charter capital to nearly 25,300 billion VND and expanded its network to 229 branches and transaction offices, employing nearly 21,000 staff. Currently, the bank serves over 3 million individual customers, nearly 150,000 small businesses, more than 80,000 corporations, and over 10 million customers through VPBank's subsidiary, FE Credit.

Currently, the Bank has two subsidiaries: it holds 51% of the shares in VPBank SMBC Finance Company, which specializes in consumer lending, and 100% of the shares in VPBank Asset Management Company (VPB AMC), which focuses on debt management and asset exploitation. VPBank continues to pursue its goal of establishing itself as one of the top five private commercial banks and one of the top three retail private banks in terms of customer loans, customer deposits, and profitability, while focusing on sustainable growth in operational quality.

CONTACT INFORMATION:
Address: 89 Lang Ha, Dong Da District, Hanoi

Phone: 1900 545 415

Email: [email protected]

Website: vpbank.com.vn

Facebook: facebook.com/VPBank/

Vinamilk, short for Vietnam Dairy Products Joint Stock Company, is a leading producer and distributor of milk and dairy products in Vietnam. Established as the 15th largest company in Vietnam in 2007, it is the dominant player in the dairy industry, holding a 75% market share in Vietnam. In addition to its strong domestic presence with 183 distributors and nearly 94,000 retail outlets across 64 provinces, Vinamilk exports its products to countries including the USA, France, Canada, Poland, Germany, the Middle East, and Southeast Asia.

With a diverse product range, Vinamilk offers over 200 different items, including sterilized and pasteurized milk, as well as various dairy-based products. Based on sales and production volume, Vinamilk is the top milk producer in Vietnam. In 2023, the company marked its 47th anniversary and became the only Southeast Asian dairy brand to appear on multiple global rankings. This achievement is the result of its strategic vision and determination to elevate the Vietnamese dairy brand on the world stage. Vinamilk’s product range includes its flagship products—liquid milk and powdered milk—along with value-added items like condensed milk, yogurt, ice cream, and cheese. The brand offers one of the widest selections of flavors and packaging options available on the market.

CONTACT INFORMATION:

Address: 10 Tan Trao Street, Tan Phu Ward, District 7, Ho Chi Minh City

Phone: 028 5415 5555

Email: [email protected]

Website: vinamilk.com.vn

Facebook: facebook.com/vinamilkvuikhoemoingay

On December 26, 2011, the Governor of the State Bank of Vietnam officially issued License No. 283/GP-NHNN, authorizing the establishment and operation of Saigon Commercial Bank (SCB), formed through the voluntary merger of three banks: Saigon Commercial Bank (SCB), First Commercial Bank (Ficombank), and Vietnam Tin Nghia Bank (TinNghiaBank). SCB officially began operations on January 1, 2012.

This merger marked a major milestone in the development history of all three banks, leading to a comprehensive transformation in asset scale, network, technology, and workforce. Building on the strengths of the three original banks, along with the dedication of the Board of Directors, management team, and all staff, SCB has grown steadily, now ranking among the top banks in Vietnam with total assets of 673,276 billion VND and a chartered capital of over 20,020 billion VND as of September 30, 2021. With 239 branches, SCB's network extends across 28 provinces and cities, covering key economic regions of the country, supported by a workforce of over 7,000 employees.

CONTACT INFORMATION:
Address: 19-21-23-25 Nguyen Hue, Ben Nghe Ward, District 1, Ho Chi Minh City

Phone: 028 2222 8686

Email: [email protected]

Website: scb.com.vn

Facebook: facebook.com/SCBNganHangTMCPSaiGon/

Originating in the mechanical industry in 1999, TC Group set out with the ambition to grow into a multi-sector conglomerate. With a solid foundation in experience, infrastructure, technology, and a vast network of partnerships with major global brands, TC Group expanded its reach by venturing into the automotive industry. After nearly 25 years of development, the group continues to assert its position in the market by diversifying into several sectors, focusing on three main business pillars: Automotive, Real Estate, and Services. Each year, TC Group contributes billions of VND to the national budget.

TC Group's core values, which drive its mission to become a leading investment, trade, and industrial conglomerate in Vietnam, are: customer satisfaction, generating economic value for shareholders, and contributing to societal development while protecting the environment for future generations. With a vision for rapid, sustainable growth and regional integration, TC Group aims to be a dominant force in the automotive, real estate, and service industries in Vietnam and beyond.

CONTACT INFORMATION:

Address: Thanh Cong Tower, 79 Dich Vong Hau, Cau Giay District, Hanoi

Phone: 024 3795 1555

Email: [email protected]

Website: thanhcong.vn

Facebook: facebook.com/tcgroup.fanpage

The origin of Vingroup traces back to Technocom Group, which was established in 1993 in Ukraine. In the early 2000s, Technocom returned to Vietnam and focused on investing in tourism and real estate, launching two flagship brands, Vinpearl and Vincom. In January 2012, Vincom Joint Stock Company and Vinpearl Joint Stock Company merged to operate under the umbrella of Vingroup – Joint Stock Company. Today, Pham Nhat Vuong and his wife, the key figures at Vingroup, are among the wealthiest families on the Vietnamese stock market.

Vingroup focuses on three main sectors: Technology, Industry, and Trade Services – with a strong emphasis on social charity. The group's mission is to provide international-standard products and services and deliver a completely new lifestyle experience. In every sector, Vingroup leads innovation and drives consumer trends. The group is committed to delivering high-quality products and services that guarantee customer satisfaction at the highest level.

CONTACT INFORMATION:

Address: 7 Bang Lang 1 Street, Viet Hung Ward, Long Bien District, Hanoi

Phone: 024 3974 9999

Fax: +84 (24) 3974 8888
Website: vingroup.net
Facebook: facebook.com/vingroup.net/

Mobile World Investment Joint Stock Company (MWG) is Vietnam's leading retailer in terms of revenue and profit, operating over 2,200 stores nationwide. MWG manages several retail chains, including thegioididong.com, Dien May Xanh, and Bach Hoa Xanh. The company has also expanded internationally with the Bigphone mobile retail chain in Cambodia.

Through its omni-channel strategy, MWG runs thousands of stores across the country while leveraging deep customer insights via big data platforms. The company has developed in-house retail support capabilities and continuously innovates technology to provide a superior, consistent customer experience across all channels, enhancing consumer loyalty to MWG brands. MWG focuses on offering exceptional customer service, aligning with a customer-centric culture in all its decisions and actions. The company is dedicated to continuous improvement, ensuring customers receive the most satisfying and enjoyable experience. MWG provides a stable livelihood for its employees, high returns for long-term investors, and contributes to community welfare.

CONTACT INFORMATION:

Address: Lot T2-1.2, D1 Road, High-Tech Park, Tan Phu, District 9, Ho Chi Minh City

Phone: 1800 1060

Email: [email protected]

Website: mwg.vn

Facebook: facebook.com/thegioididongcom?

DOJI Group, originally founded as TTD Technology and Trading Development Company on July 28, 1994, was a pioneer in Vietnam during the 1990s, focusing on the exploration, cutting, and export of gemstones, a completely new industry in the country.

DOJI Group is owned by the Do family, with its founder, Mr. Do Minh Phu, currently serving as the chairman. The group was recognized as one of the top 750 largest family-owned businesses worldwide in 2019. DOJI made history by introducing the Vietnam Star Ruby to international markets, establishing the brand as the leading producer of star rubies globally and positioning Vietnam as a key player in the international gem market. With a strong vision, a sustainable development approach, and robust capabilities, DOJI Group continues to elevate the national brand of Vietnam, preparing to expand and integrate into the global market in the future.

CONTACT INFORMATION:

Address: DOJI Tower, 5 Le Duan, Dien Bien Ward, Ba Dinh District, Hanoi

Phone: 024 3366 2288

Email: [email protected]

Website: doji.vn

Facebook: facebook.com/doji.vang/