Three local enterprises listed in VR’s FAST500 ranking lists

Three enterprises of Binh Dinh province, including Phu Tai Joint Stock Co, Pisico Binh Dinh Corporation JSC and Quy Nhon Port JSC, were listed in the top 500 fastest growing enterprises in the FAST 500 Ranking Lists 2020, which was conducted by the Vietnam Report and announced by Vietnamnet.

Three Binh Dinh's firms were listed in the VR's list of top 500 fastest-growing businesses.

According to the report, Phu Tai secured 359th place in the ranking; meanwhile, Pisico Binh Dinh and Quy Nhon Port rank 391th and 464th positons, respectively.

The FAST500 list, built on Vietnam Report’s independent research and evaluation, was officially released in 2011. The companies’ performance is calculated by the compound annual growth rate and based on other criteria, such as total assets, the number of workers, after-tax profits and prestige in the media.

The award ceremony is expected to take place in August, 2020 in Ha Noi.

MAI HOANG (translated by Bich Ngoc)

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