Top 10 Most Famous Vietnamese Brands in 2021

1. Military Industry - Telecommunications Group (Viettel Group)

Military Industry - Telecommunications Group (Viettel) is a Vietnamese Telecommunications and Technology Group established on June 1, 1989. Viettel Telecom currently holds the largest market share in the Vietnamese telecommunications market. Its flagship product is Viettel Mobile. The group's main sectors include: telecommunications & IT services; research and production of telecommunications equipment, defense industry, cybersecurity industry, and digital services provision. Viettel has invested in 10 foreign markets across 3 continents including Asia, America, and Africa. Viettel is considered one of the fastest-growing telecommunications companies in the world. In 2019, Viettel became one of the Top 15 telecommunications companies in the world by subscriber number, and Top 40 telecommunications companies in the world by revenue. Viettel's brand value is determined by Brand Finance to be USD 4.3 billion - among the Top 500 largest brands in the world, and the most valuable brand in Vietnam. In the coming time, Viettel Group aims to transform from a telecommunications service company into a digital service provider, increasing revenue growth in new product and service areas on the digital platform, creating a business model with technological advantages, and maintaining its position as the number 1 in telecommunications and information technology in the country.

2. Joint Stock Commercial Bank for Foreign Trade of Vietnam - VietcomBank

Vietnam Joint Stock Commercial Bank for Foreign Trade (trading name Joint Stock Commercial Bank for Foreign Trade of Vietnam), also known as Vietcombank, is the largest company in the Vietnamese stock market in terms of market capitalization. The bank was established on April 1, 1963, as a state commercial bank. Its former name was Vietnam Foreign Trade Bank.

Vietcombank currently has nearly 14,000 employees, with over 400 Branches/Transaction Offices/Representative Offices/Subsidiaries in and outside Vietnam, including 1 Head Office in Hanoi, 1 Trading Office, 1 Training Center, 89 branches, and more than 350 transaction offices nationwide, 2 subsidiaries in Vietnam, 2 subsidiaries and 1 representative office overseas, 6 joint venture companies, affiliates. In addition, Vietcombank has developed an Autobank system with over 2,100 ATMs and over 49,500 point-of-sale (POS) terminals nationwide. The bank's operations are also supported by a network of more than 1,800 correspondent banks in over 155 countries and territories.

After over 58 years of development, Vietcombank has made significant contributions to the country's economic development, creating important impacts on the regional financial community. During the Covid-19 pandemic, Vietcombank adhered to the motto of safe, efficient, sustainable action, taking responsibility and making efforts to effectively implement epidemic prevention and share with customers.

3. Vietnam Posts and Telecommunications Group - VNPT

Vietnam Posts and Telecommunications Group (VNPT) is a state-owned enterprise specializing in investment, production, and business in the fields of postal services and telecommunications in Vietnam. According to the announcement of VNR 500 - the ranking of the 500 largest enterprises in Vietnam announced in 2012, this is the third largest enterprise in Vietnam, after the Vietnam Oil and Gas Group and the Vietnam National Petroleum Group.

VNPT is the leading state-owned economic group in the field of Postal Services and Telecommunications in Vietnam, entrusted by the Government of Vietnam to be the investor and the enterprise authorized to do business, operate, and exploit Vietnam's first satellites, Vinasat-1 and Vinasat-2.

The great ambition and daily efforts, along with the vision, have helped VNPT to aim to become the leading digital service provider in Vietnam by 2025. From this ambition, VNPT determines its leading role in building digital government and economy in Vietnam, becoming the pioneer in digital transformation in Vietnam.

4. Vietnam Dairy Products Joint Stock Company - Vinamilk

Vietnam Dairy Products Joint Stock Company - Vinamilk, is a company manufacturing and trading dairy and dairy-related products and equipment in Vietnam. Vinamilk is the leading nutrition group in Vietnam with a system of 12 international standard farms throughout the country. Vinamilk has set its vision and long-term strategy to maintain its number one position in the Vietnamese market and move towards becoming one of the top 30 largest dairy companies in the world in terms of revenue.

Vinamilk is currently the leading enterprise in the dairy processing industry, holding 54.5% market share of liquid milk, 40.6% of powdered milk, 33.9% of drinking yogurt, 84.5% of spoonable yogurt, and 79.7% of condensed milk nationwide. In addition to strong domestic distribution with a network of over 220,000 distribution points covering all 63 provinces and cities, Vinamilk products are also exported to 43 countries worldwide such as the United States, France, Canada, Poland, Germany, Japan, the Middle East, and Southeast Asia. After over 40 years since its introduction to consumers, Vinamilk has built 14 production plants, 2 warehouses, 3 sales branch offices, a milk plant in Cambodia (Angkormilk), and a representative office in Thailand.

5. Joint Stock Commercial Bank for Industry and Trade of Vietnam - VietinBank

Vietnam Joint Stock Commercial Bank For Industry And Trade (international trading name: Vietnam Joint Stock Commercial Bank For Industry And Trade), abbreviated as VietinBank, is a major commercial bank in Vietnam. Established in 1988 after separating from the State Bank of Vietnam, it was initially named IncomBank. In 2008, IncomBank was renamed VietinBank. VietinBank currently operates 1 transaction office, 150 branches, and over 1000 transaction offices/savings funds nationwide. VietinBank has agency relationships with 900 banks and financial institutions in over 90 countries and territories worldwide. It is a member of the Vietnam Banks Association, Asian Banks Association, SWIFT global interbank organization, and international payment organizations such as VISA and MASTERCARD.

With over 33 years of operation, VietinBank has always operated with the pioneering mission of developing the country by delivering optimal value to customers, shareholders, and employees. In the coming years, VietinBank aims to rank among the top 20 strongest banks in the Asia-Pacific region by 2030 and become the strongest and most reputable bank in Vietnam by 2045.

Vingroup Corporation (full name: Vingroup Corporation - Joint Stock Company) is a diversified conglomerate in Vietnam. Vingroup was established on August 8, 1993, originating from the company Technocom specializing in instant noodle production in Ukraine by a group of Vietnamese students studying abroad. These individuals later returned to invest in diversified industries in their homeland, while the noodle brand was acquired by Nestle of Switzerland in 2004. In 2011, Vinpearl Joint Stock Company and Vincom Joint Stock Company were merged by stock exchange.

In Vietnam, Vingroup is a private conglomerate with significant strength and large scale, operating in multiple sectors and bearing the responsibility of leading the economy. With a desire to bring international standard products and services to the market in any field, and to pioneer consumer trends, Vingroup has achieved remarkable success in promoting the Vietnamese brand and proudly stands as one of the leading private economic conglomerates in Vietnam.

Vietnam Technological and Commercial Joint Stock Bank (Techcombank) was established on September 27, 1993, at 24 Ly Thuong Kiet Street, Hanoi by a group of intellectuals working in Europe and the Soviet Union. Just one year later, the bank opened a branch in Ho Chi Minh City and increased its charter capital to 51.5 billion VND. In 1996, Techcombank established the Techcombank Thang Long Branch and the Nguyen Chi Thanh Transaction Office in Hanoi, followed by the Thang Loi Transaction Office under Techcombank in Ho Chi Minh City.

In 2007, Vietnam Technological and Commercial Joint Stock Bank became the second largest bank in terms of transaction network among joint stock commercial banks with nearly 130 branches and transaction offices. By 2008, they introduced the Techcombank Visa Credit card, and later issued the co-branded Techcombank - Vietnam Airlines - Visa card in 2012.

Leading the top list of the largest joint stock banks in Vietnam, TechcomBank remains committed to the strategy of customer-centricity in providing a wide range of banking solutions and services for both individual and corporate customers in Vietnam through its extensive nationwide network.

Masan Group Joint Stock Company was established in November 2004 under the name of Masan Shipping Joint Stock Company, being one of the largest companies in the private economic sector focusing on consumer goods and resources in Vietnam. The company officially changed its name to Masan Group Corporation Joint Stock Company (in English: Ma San Group Corporation) in August 2009 and successfully listed on the Ho Chi Minh Stock Exchange on November 5, 2009. The company also officially changed its name to Masan Group Joint Stock Company in July 2015.

Masan produces and distributes a range of food and beverage products. Its products include soy sauce, fish sauce, chili sauce, instant noodles, instant coffee, ready-to-eat cereals, and bottled beverages. The company exports its products to the United States, Canada, France, Russia, Czech Republic, Poland, Germany, Japan, Middle East, Asia, Laos, and Cambodia.

Masan operates in the packaging technology, food processing, information technology and communication, construction, investment, and mining industries. Masan Group's vision is to become a leading private economic conglomerate in Vietnam in terms of scale, profit, to be a potential growth partner, and the preferred employer in Vietnam.

Sun Group (Sun Group Joint Stock Company) is a conglomerate operating in various sectors in Vietnam, established in Ukraine in 1998. Since its inception, Sun Group has constructed and operated Vietnam's largest commercial center overseas, called Barabasova, supermarket and office for rent - Sun City, the first Vietnamese supermarket - Sun Mart, indoor water park - Jungle, and the first 4-star hotel owned by Vietnamese - SunLight. Most notably is the Epoch Village - the home to 300 Vietnamese families in Kharkov, the second-largest city in Ukraine. In 2007, Le Viet Lam decided to return to invest in Vietnam. Sun Group's first major project in the country was the Ba Na Hills tourist area in Da Nang.

Creating a chain of international-scale resort tourism, entertainment ecosystems spread across 3 regions, Sun Group has significantly contributed to the socio-economic development of many localities, bringing Vietnamese destinations to the world stage, and providing sustainable value for investors. After nearly 15 years, Sun Group has affirmed its position as a leading developer of high-end tourism and real estate associated with top resort tourism in Vietnam.

Masterise Homes (formerly known as Thao Dien Investment Corporation) - one of the most reputable real estate conglomerates in Ho Chi Minh City, specializing in high-end apartments, is the enterprise responsible for managing and developing all residential real estate brands of the Masterise Group.

Masterise Homes is a real estate developer applying international standards to product development, operation, and management, collaborating with Marriott International. Masterise Homes currently owns the largest portfolio of luxury real estate in Southeast Asia.

With the business philosophy of 'Customer-centric,' Masterise Homes always prioritizes customers in every situation. Masterise Homes has been continuously creating iconic architectural works, integrating advanced technology platforms with leading partners worldwide to consistently deliver valuable products for customers.