On November 30, 2021, Vietnam Report Joint Stock Company (Vietnam Report), in collaboration with VietnamNet, announced the VNR500 Ranking – Top 500 Largest Enterprises in Vietnam in 2021. The VNR500 Rankings have been researched and published for 15 consecutive years to honor the largest enterprises in Vietnam, achieving remarkable production and business activities achievements.
According to the published rankings, PetroVietnam Fertilizer and Chemicals Corporation (PVFCCo) – a producer and trader of Phu My fertilizers, has been ranked in the Top 500 largest enterprises for the 15th time in a row. Specifically, PVFCCO ranks 122nd in the Best Profit Ranking and 159th place in the Revenue Ranking. With this result, PVFCCo continues to maintain its position as one of the leading enterprises in Vietnam in the fertilizer manufacturing and trading industry.
In 2021, despite the impact of the Covid-19 epidemic and unpredictable developments in the market, PVFCCo has performed safe and effective production and business and has exceeded most of the targets. After the first 9 months of 2021, PVFCCo has produced over 756,000 tons of fertilizers and chemicals of all kinds, 3-11% higher than the planned production of each item, business output has reached over 900,000 tons fertilizers and all sorts of chemicals.
It is known that VNR500 is the ranking of 500 largest enterprises in Vietnam according to the model of Fortune 500 based on independent research and evaluation results according to international standards of Vietnam Report Company, which has been announced annually since 2007 by VietnamNet newspaper. VNR500 ranks businesses based on the fundamental criterion of revenue. Besides, measures such as profit, total assets, growth rate, labor size, and media reputation are also used for evaluation.
