A rig in the Bach Ho (White Tiger) oil field (Photo: VNA)The list of the 500 largestbusinesses in Vietnam is topped by Samsung Electronics Thai Nguyen Co. Ltd. It was followed by Vietnam Electricity (EVN) group, and PetroVietnam.
The rankings were compiledbasing mainly on enterprises’ total revenues and other performance criteria suchas total assets, employees, growth rates, profits, and prestige on the media.
Despite the complex COVID-19situation that has adversely affected almost all businesses, thanks toeffective response measures, PetroVietnam has reportedly sustained operationsand supply of strategic products, helping to stabilise the market, guarantee thenational energy security, and contribute to the State budget.
In the first 10 months ofthis year, it contributed 75.4 trillion VND to the State budget, 21 percent highern than this year's target and up 23 percent from the same period of 2020.
It also achieved the targetof exploiting 9.72 million tonnes of oil in total on November 22, 39 days aheadof schedule.
Apart from the parent firm,many of its subsidiaries are also named in the VNR500 rankings, including PetroVietnam Gas Joint Stock Corporation (17th), PetroVietnam PowerCorporation (43rd), Vietnam - Russia joint venture Vietsovpetro (48th),and PetroVietnam Technical Services Corporation (56th)./.
VNA
