BIWASE Honored by FORBES as One of the 'Top 50 Best Listed Companies in Vietnam 2024' for the 5th Consecutive Year

23 08-2024

Despite the global economy being impacted by adverse factors such as recession, inflation, and war, the 'Top 50 Best Listed Companies in Vietnam 2024' collectively achieved a total after-tax profit of VND 190.831 trillion, with total revenue reaching VND 1.297 quadrillion. This marks the fifth consecutive year that BIWASE has been honored, recognized for maintaining stable and sustainable growth.

Mr. Tran Chien Cong, CEO of Binh Duong Water Environment Corporation – Joint Stock Company (BIWASE), has been honored by FORBES for the   5th consecutive year as one of the Top 50 Best Listed Companies in Vietnam 2024.

On August 22nd in Ho Chi Minh City, FORBES Vietnam held the Vietnam Economic Forum 2024, featuring discussion sessions on 'Anticipating Trends' as the global economy begins to recover and 'How AI Technology is Transforming Production and Consumption.' These sessions aimed to help senior corporate managers understand the challenges ahead, seize market opportunities and trends, and quickly formulate strategies to capitalize on opportunities while mitigating risks by transforming management methods and building a workforce that meets new demands through the application of artificial intelligence (AI)

These changes have been clearly reflected in the 2024 list of the Top 50 Best Listed Companies in Vietnam, with the absence of familiar names like The Gioi Di Dong, Masan, Vinhome, Dam Ca Mau, Dam Phu My, and Germandep. Instead, the list features new, young, and dynamic companies that have risen to prominence by overcoming difficulties in previously untapped markets, revitalizing the market, including Vietjet Air, Vincom Retail, Viettel Post, PVPower, GVR, PAN, Kinh Bac, Tien Phong Plastic, Traphaco, and others

Senior leaders and representatives from FORBES congratulated Mr. Tran Chien Cong, CEO of BIWASE, on being honored and receiving the award

Anticipating market trends, BIWASE proactively adapted by closely aligning with its production and business tasks, improving customer service quality, and shifting towards Green and Circular production. As a result, in the first seven months of 2024, BIWASE achieved revenue of VND 2.104 trillion, reaching 106% YOY, with a after-tax profit of VND 357 billion, meeting 51% of the annual plan. BIWASE was once again honored by FORBES for the fifth consecutive year as one of the 'Top 50 Best Listed Companies in Vietnam 2024.

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