Fortune ranked 500 companies in 7 countries (Indonesia, Thailand, Singapore, Malaysia, Vietnam, Philippines and Cambodia) and 57 sectors (including aviation, textiles, chemicals, etc.) based on 2023 revenue criteria. Fortune conducted this ranking for the first time to reflect the region's impressive growth story through the development and growth of large companies in many sectors.

Vietnam has 70 businesses on the list, in fields ranging from finance, banking, real estate, energy, food, heavy industry to aviation, retail... The minimum revenue threshold for a business to be on the list is more than 460 million USD.

Ranked 37th in the Fortune Southeast Asia 500, Agribank is on par with many well-known financial institutions in the region such as Kasikornbank Bank and Bangkok Bank of Thailand, Mandiri and Bank Central Asia of Indonesia.

Agribank 1.png

In 2023, Agribank made its mark with many awards, notably its outstanding achievements in digital transformation of the banking industry, ranking in the top 10 largest enterprises in Vietnam, top 10 most valuable brands in Vietnam, Bank for the community...

The Agribank brand has also been recognized and highly appreciated by international organizations for its prestige and leading role in the financial market in Vietnam. Agribank is ranked as a long-term issuer at "BB+" and "Stable" outlook (according to Fitch Ratings) and at "Ba2" with "Stable" outlook (according to Moody's). This is the same rating as the national rating, and is the highest rating for the banking system at the time of the 2023 rating, demonstrating a positive and optimistic assessment of Agribank's operations. These awards are evidence of Agribank's achievements and results: safe and effective business; brand value and reputation; strong financial foundation, asset quality, solid capital structure and good liquidity...

Fortune is a world-renowned magazine with prestigious rankings such as Fortune 500, Fortune Global 500, Fortune 100 Best Companies to Work For and Fortune World's Most Admired Companies.

Ngoc Diep