For link vao 188bet moi nhat 5th consecutive year, Petrovietnam tops ranking of 500 most profitable enterprises in Vietnam
On 26th October, Vietnam Report Joint Stock Company (Vietnam Report) and VietNamNet newspaper held a ceremony to announce and honor link vao 188bet moi nhat Top 500 most profitable enterprises of Vietnam (PROFIT500) in 2023. Vietnam National Oil and Gas Group (Petrovietnam) has link vao 188bet moi nhat 5th consecutive year leading this list.
Over many years of construction and development, Vietnam Report’s researches have been perfected with scientific and transparent methodology. Specifically, PROFIT500 ranking is evaluated according to link vao 188bet moi nhat weighted scoring method with such main pillars as profit before tax, revenue, indicators reflecting profitability (ROA, ROE, ROR), and some other reference indicators such as media reputation, labor scale…
In addition to achievements in production and business activities, brand cohesion and reputation are also important factors to help businesses succeed, retain old customers and attract new ones. Therefore, increasing investment in brand image, improving reputation is increasingly focused by many businesses.
Mr. Nguyen Quang Hung, Deputy Head of Corporate Communication and Culture Division on behalf of Petrovietnam receives link vao 188bet moi nhat honor at link vao 188bet moi nhat event
link vao 188bet moi nhat PROFIT500 ranking has been showing an important role in recognizing link vao 188bet moi nhat contributions of leading enterprises – link vao 188bet moi nhat pillar of link vao 188bet moi nhat country’s development. In link vao 188bet moi nhat context of slow global economic growth while facing many unpredictable risks and fluctuations, link vao 188bet moi nhat meaning of finding link vao 188bet moi nhat best profitable businesses is more desirable than ever by link vao 188bet moi nhat business community, investors and link vao 188bet moi nhat public. Since then, link vao 188bet moi nhat PROFIT500 ranking contributes to introducing and enhancing Vietnamese business brands to link vao 188bet moi nhat business community and domestic and international investors.
By continuing to lead link vao 188bet moi nhat PROFIT500 list in 2023, Petrovietnam has link vao 188bet moi nhat 5th consecutive year standing in this position. In link vao 188bet moi nhat Top 10 most profitable enterprises, there is link vao 188bet moi nhat appearance of Petrovietnam Exploration Production Corporation (PVEP).
link vao 188bet moi nhat 2023 PROFIT500 ranking also records link vao 188bet moi nhat presence of other oil and gas enterprises such as: Petrovietnam Gas Corporation (PV GAS, ranked 12th); Binh Son Refining and Petrochemical Joint Stock Company (BSR, ranked 14th); Petrovietnam Fertilizer and Chemical Corporation – Joint Stock Company (PVFCCo, ranked 31st); Ca Mau Petroleum Fertilizer Joint Stock Company (PVCFC, ranked 47th); followed by Petrovietnam Power Corporation – Joint Stock Company (PV Power); Petrovietnam Transportation Corporation (PVTrans); Petrovietnam Technical Services Joint Stock Corporation (PTSC); PVI Joint Stock Company; Petrovietnam Oil Corporation - Joint Stock Company (PVOIL), PVI Insurance Corporation; Petrovietnam Low Pressure Gas Distribution Joint Stock Company (PV GAS D); PTSC Mechanical & Construction Company Limited (PTSC M&C); Pacific Petroleum Transportation Joint Stock Company (PV Trans Pacific); Petrovietnam General Services Joint Stock Corporation (PETROSETCO).
Representative of PV GAS receives link vao 188bet moi nhat honor at link vao 188bet moi nhat program
Representative of PVTrans receives link vao 188bet moi nhat honor at link vao 188bet moi nhat program
Representative of PVI Insurance Corporation receives link vao 188bet moi nhat honor at link vao 188bet moi nhat program
Representative of PV GAS D receives link vao 188bet moi nhat honor at link vao 188bet moi nhat program
By link vao 188bet moi nhat end of link vao 188bet moi nhat third quarter of 2023, Petrovietnam’s production results and financial targets have exceeded link vao 188bet moi nhat assigned plan. In which, link vao 188bet moi nhat total revenue of link vao 188bet moi nhat Group is 655 trillion dong; link vao 188bet moi nhat whole Group’s budget payment is estimated at VND 105.7 trillion dong, exceeding 35% of link vao 188bet moi nhat 2023 plan (completed link vao 188bet moi nhat year plan of 78.3 trillion dong five months in advance); link vao 188bet moi nhat Group’s consolidated pre-tax profit is estimated at 42.5 trillion dong, exceeding 22% of link vao 188bet moi nhat year plan.
Mr. Vu Dang Vinh, General Director of Vietnam Report Company, link vao 188bet moi nhat unit that researches and publishes link vao 188bet moi nhat PROFIT500 ranking, shared: “5 consecutive years leading link vao 188bet moi nhat ranking is a mark of recognition of Petrovietnam’s efforts in not only implementing link vao 188bet moi nhat policies of link vao 188bet moi nhat Party and State, link vao 188bet moi nhat Group and its member enterprises have also contributed and competed fairly with domestic and foreign enterprises to affirm link vao 188bet moi nhat position and brand of link vao 188bet moi nhat National Group in link vao 188bet moi nhat process of global integration. In particular, link vao 188bet moi nhat Group has carried out transformational activities towards sustainable energy development, meeting link vao 188bet moi nhat commitments of link vao 188bet moi nhat Government of Vietnam to international agreements”.
Representatives of link vao 188bet moi nhat Group and units are honored in link vao 188bet moi nhat ranking of 500 most profitable enterprises in Vietnam in 2023
Along with positive production and business results, according to Brand Finance, Petrovietnam is currently experiencing an increasingly high growth rate of brand value, in link vao 188bet moi nhat group of link vao 188bet moi nhat most valuable enterprises in Vietnam. Even during link vao 188bet moi nhat “double crisis” of Covid-19 and a deep drop in oil prices in 2021, Petrovietnam’s brand value was valued at 945 million USD, more than doubling compared to 2019. By 2022, Petrovietnam’s brand value reached nearly 1.3 billion USD. In particular, Petrovietnam’s brand value in 2023 reaches 1.382 billion USD, up 7% compared to 2022. In addition to link vao 188bet moi nhat constantly increasing brand value, link vao 188bet moi nhat Group has 15 consecutive years of participation in link vao 188bet moi nhat top 3 largest enterprises in Vietnam.
These results once again affirm link vao 188bet moi nhat performance of PetroVietnam in recent years, with a healthy financial situation and flexible management capacity, which has been objectively evaluated and recognized by many prestigious domestic and foreign organizations. At link vao 188bet moi nhat same time, they create a premise to help Petrovietnam brand reach further and develop more sustainably in link vao 188bet moi nhat coming period.