The Southeast Asia 500 has a new engine: Vietnam
Fortune's annual Southeast Asia 500 list reveals a dynamic corporate landscape, with total revenue reaching $1.88 trillion, a 3.4% increase from the previous year. While traditional commodity and energy giants are slowing, a new generation of firms, particularly from Vietnam, is driving growth. Vietnamese companies contributed significantly to the overall revenue increase, with Vingroup showing exceptional growth. Singaporean firms, led by major banks, are excelling in profitability, and notable turnarounds were seen in companies like Thai Airways and True Corp. AI
