The ranking, announced by Forbes Vietnam, is based on financial data from companies listed on the Vietnamese stock market. According to the report, Vincom Retail’s brand value reached $300.5 million, marking an increase of nearly 1.8 times and moving up two spots from its position in 2020.
Additionally, the company is included in the top 50 listed companies practicing the best governance in Vietnam, based on the VNCG50 criteria established by the Vietnam Institute of Directors (VIOD) with support from the International Finance Corporation (IFC), the Swiss Economic Affairs Federal Office (SECO), and the State Securities Commission.
A representative from Vincom Retail noted that its continuous recognition in various rankings reflects the effectiveness of the company’s operations over 20 years. This achievement highlights the company’s business strategy and its ability to adapt to changes in the economy and the retail sector.
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The system of 88 Vincom shopping centers nationwide is methodically organized by product categories and operates professionally. Photo courtesy of Vincom Retail |
Vincom Retail has developed a management model aligned with international standards, which has supported its position in the retail real estate sector and its steady growth.
In 2024, the chain plans to promote green consumption habits through the theme “Go Green – Shop Green – Live Green – Enjoy Green,” focusing on environmental protection, energy conservation, and waste reduction across its operations.
The company contributes to the Vietnamese retail industry by providing modern shopping, entertainment, and dining spaces. The Vincom shopping center chain includes well-known domestic and international brands and hosts cultural and entertainment events, making it a popular destination.
Recently, a series of events celebrating Vincom’s 20th anniversary took place from October 23 to November, highlighted by a music night titled “Come to Vincom – Welcome My New Self,” which generated significant interest on social media platforms.
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Vincom Retail’s annual general meeting of shareholders 2024. Photo courtesy of Vincom Retail |
Beyond developing commercial projects, Vincom Retail integrates social responsibility into its business activities. Through the “Sowing Seeds of Kindness” program, the company collaborates with the Vingroup ecosystem to support communities affected by Typhoon Yagi.
The company also emphasizes diversity in its leadership, with a higher-than-average representation of women on its board of directors and executive management, fostering an inclusive work environment.
Pham Thi Thu Hien, General Director of Vincom Retail Joint Stock Company, stated that over the past 20 years, the company has focused on creating modern shopping centers that aim to be familiar and accessible to consumers.
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Vincom shopping center parking lots are equipped with solar energy panels. Photo courtesy of Vincom Retail |
“Vincom Retail will continue to leverage its core values and pursue sustainable development goals to enhance business strategies, expand brand reach, and attract both domestic and international customers and investors,” Hien said.
In 2025, Vincom Retail plans to expand its system with modern shopping centers and vibrant commercial streets, contributing to the economic development of Vietnam.
