The Vietnam Institute for Development Strategies (VIDS), the Ministry of Planning and Investment, and Konrad-Adenaeur-Stiftung Vietnam (KAS) on August 31st announced the Report on the assessment of the top 500 Vietnamese private enterprises (VPE500) in the 2021-2022 period.
(Source: Ministry of Planning and Investment)
Mobile World Investment Corporation (MWG) is officially named in Vietnam's top 10 Largest Private Enterprises according to the 2023 Report Assessment of Top 500 Vietnamese Private Enterprises (VPE500). This achievement is clear evidence of MWG's sustainable development in the retail sector within the Vietnamese market.
Top 10 enterprises in the Report of 500 largest private enterprises in Vietnam (VPE500)
The VPE500 ranking is determined based on labor scale, total assets, and gross revenue. The ranking index is the average of the ranks according to these three criteria. According to the 2023 report, as of December 31, 2021, Vietnam had 694.2 thousand domestic private enterprises (VPE), accounting for 96.6% of the total active enterprises. These businesses attracted 58.1% of the workforce, accounted for 59.3% of assets, and generated 57.8% of net revenue in the business sector.
Revenue growth rate of businesses and VPE500 groups
The VPE500 report is one of the credible and reliable sources of information on the development of private enterprises in Vietnam. This recognition marks a significant milestone in MWG's development journey and will undoubtedly be a strong encouragement for the company to continue striving and innovating.