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Banking & Finance

VietinBank most valuable banking brand

Released at: 18:04, 30/10/2015

VietinBank most valuable banking brand

Brand Finance releases Vietnam Top 50 Brands in 2015, with Vinamilk taking the crown.

by Tue Lam

Brand Finance, headquartered in the UK and the world’s leading independent brand valuation and strategy consultancy, has announced the Vietnam Top 50 Brands in 2015.

VietinBank was the most valuable brand in the banking sector, with a brand value of $197 million, followed by BIDV with $176 million, Vietcombank $157 million, Sacombank $99 million, and Techcombank $99 million. 

This is the first time Brand Finance has compiled a Vietnam Top 50 Brands list. Value is based on criteria such as the ability to add value to products, the level of influence of the brand on customers, the cost to build the brand successfully, the brand’s value in the stock market, and the ability to create profits. 

In mid-October, in the V1000-Vietnam report, VietinBank was ranked fifth in the Top 10 enterprises paying corporate income tax in Vietnam.

VietinBank also entered the Top 2000 largest enterprises in the world, as ranked by Forbes, and ranked in the Top 10 in the Vietnam Gold Star Awards, honoring enterprises that have quality products in the process of international integration.

Vietnam Top 50 Brands in 2015

Rank

Brand Parent Company 2015 Brand Value ($ million) 2015 Brand Rating Enterprise Value ($ million) Brand Value / Enterprise Value (%)
1 Vinamilk VIETNAM DAIRY PRODUCTS JSC

1,137

AAA-

5,011

23%

2 Viettel Telecom MINISTRY OF DEFENCE

580

A

N/A

N/A

3 Vinhomes VINGROUP JSC

343

AA+

2,408

14%

4 MobiFone VIETNAM POSTS AND TELECOMMUNICATION GROUP

306

A-

N/A

N/A

5 PetroVietnam Gas PETROVIETNAM GAS JOINT STOCK

288

AA

3,260

9%

6 FPT Corp. FPT CORP

239

AA+

1,027

23%

7 VietinBank VIETNAM JOINT STOCK COMMERCIAL BANK FOR INDUSTRY AND TRADE

197

A

3,291

6%

8 Vinaphone VIETNAM POSTS AND TELECOMMUNICATION GROUP

193

A-

N/A

N/A

9 BIDV BANK FOR INVESTMENT AND DEVELOPMENT OF VIETNAM

176

AA

3,680

5%

10 Vietcombank BANK FOR FOREIGN TRADE JSC

157

A+

5,986

3%

11 Masan Consumer MASAN GROUP CORP

143

AA

2,031

7%

12 thegioididong.com MOBILE WORLD INVESTMENT CORP

102

AA

341

30%

13 Sacombank SAIGON THUONG TIN COMMERCIAL

99

AA-

844

12%

14 Techcombank VIETNAM TECHNOLOGICAL & COMM

99

AA-

N/A

N/A

15 MB Bank MILITARY COMMERCIAL JOINT

98

AA

813

12%

16 HAGL HAGL JSC

98

AA-

541

18%

17 Bao Viet Holdings BAO VIET HOLDINGS

79

A+

1,516

5%

18 Vinacafe Bien Hoa VINACAFE BIEN HOA JSC

67

AA-

186

36%

19 Dhg Pharmaceutical DHG PHARMACEUTICAL JSC

62

AA-

272

23%

20 Phu Nhuan Jewelry PHU NHUAN JEWELRY JSC

62

AA-

240

26%

21 Hoa Phat Group HOA PHAT GROUP JSC

61

AA

1,189

5%

22 Kinh Do Corp. KINH DO CORP

61

AA

379

16%

23 Asia Commercial Bank ASIA COMMERCIAL BANK

58

AA

769

8%

24 PetroVietnam Drilling And Well Services PETROVIETNAM DRILLING AND WELL SERVICES CORP

50

A+

969

5%

25 Hung Vuong Corp. HUNG VUONG CORP

47

A

397

12%

26 Eximbank VIETNAM EXPORT IMPORT COMMERCIAL JOINT-STOCK BANK

46

AA-

651

7%

27 Saigon Hanoi Bank (Shb) SAIGON - HANOI COMMERICIAL JOINT STOCK BANK

44

AA-

291

15%

28 Vincom VINGROUP JSC

44

AA

314

14%

29 PetroVietnam Transportation Corp PETROVIETNAM TRANSPORTATION

42

A+

256

16%

30 Hoa Sen Group HOA SEN GROUP

37

AA-

477

8%

31 Vinh Hoan Corp. VINH HOAN CORP

34

A-

222

15%

32 Vinpearl VINGROUP JSC

32

AA

244

13%

33 Pvi Holdings/Vietnam PVI HOLDINGS

29

A

200

15%

34 Ha Tien 1 Cement HATIEN 1 CEMENT JSC

28

A+

644

4%

35 PetroVietnam Nhon Trach 2 Power PETROVIETNAM POWER NHONTRACH 2 JSC

28

A

558

5%

36 Vietnam Sun Corp. VIETNAM SUN CORP

28

AA-

125

22%

37 Pha Lai Thermal Power PHA LAI THERMAL POWER JSC

23

A

343

7%

38 Vinaconex VIET NAM CONSTRUCTION & IMPORT JSC

22

BBB

489

5%

39 DGC DUC GIANG CHEMICALS & DETERGENT POWDER JSC

22

A-

94

23%

40 Dabaco Corp. DABACO CORP

22

A-

140

16%

41 Saidong Urban Development & Investment SAIDONG URBAN DEVELOPMENT AND INVESTMENT JSC

21

BBB

102

21%

42 Saigon Securities SAIGON SECURITIES INC

21

AA-

514

4%

43 Traphaco TRAPHACO JSC

21

A+

84

25%

44 Hoa Binh Construction And Real Estate Corp. HOA BINH CONSTRUCTION AND REAL ESTATE CORP

21

A

89

24%

45 Hanoi Southern City Development HANOI SOUTHERN CITY DEV JSC

19

BBB

N/A

N/A

46 Cotec Construction COTEC CONSTRUCTION JSC

19

A

75

25%

47 Digiworld Corp. DIGIWORLD CORP

19

A+

67

28%

48 PetroVietnam Fertilizer & Chemicals PETROVIETNAM FERTILIZER & CHEMICAL CORP

19

A+

263

7%

49 577 Corp. NBB INVESTMENT CORP

18

A+

66

28%

50 Vietnam Electric Cable Corp. VIETNAM ELECTRIC CABLE CORP

18

A-

65

27%

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