25/11/2009, VietNamNet online newspaper cooperate with Vietnam Report Joint Stock Company to announce VNR500 – Vietnam Top 500 Largest Enterprises in 2009. This is the continuous third year, VNR500 Ranking Board is announce officially to acknowledge and honor the achievements which Vietnamese companies community reached. VietNamNet introduces this analysis about VNR500 Ranking Board in 2009 of VNR Research Division.
1.  The sector and possesion structure and area division
Among Vietnam Top 500 Largest Enterprises in 2008, there are 67.7% companies operating in industry, 8% companies operating in agriculture and forestry, 11% companies operating in service and 2.8% in fishery. The sector structure of Ranking Board this year doesn’t change much compared with last year, excepting the raising of service, 11% compared with 8% in 2008. Once again, this structure indicates that machinery industry and production are making the main added value in Vietnam economy.
Graph 1 : The sector structure of VNR500 Companies in VNR500 Ranking Board in 2009.

Source : VNR Biz Database
In Industry which has a biggest amount of companies, Mineral and Petroleum has the amount of companies making up at most to 18.9%, Steel stands for the second rank (13.6% ). This structure shows partly the power of the companies operating in Mineral – Petroleum and Steel this year. Although accepting many impacts from external economy shocks, these sectors still confirm the positon in Industry in economy.
Graph 2 : The Industry structure of VNR500 Companies in VNR500 Ranking Board in 2009..

Source : VNR Biz Database
VNR500 Ranking Board in 2009 also continuously indicates the strong control of  State area, corporations, Government Groups (making up 45.3%) still are the main role in Vietnam economy, the control shown by high positions in VNR500 Ranking Board and making up more than 50% companies in the Board. Private companies has raised in economy with the amount of private companies in the Board in 2009 is up to near 30%, increasing rapidly compared with 24% in 2008. Besides, foreign factors also collaborates much in the Board with the presence of the amount companies making up to 26%.
Graph 3 : The possession structure of VNR500 Companies in VNR500 Ranking Board in 2009.

Source : VNR Biz Database
To estimate investment and development level of provinces in Vietnam, VNR Research Division counted the amount of VNR500 companies by provinces, cities. Ho Chi Minh city still is on the first position of companies percent with 24% companies listed in VNR500, the second position is Ha noi with 21.8%. Some other provinces also have a typical amount of companies in the Board in 2009 such as Dong Nai, Binh Duong, Hai Phong, Quang Ninh … In general, the Northern and Southern Provinces are the economy areas which attact many investors in production and business. The Central and Tay Nguyen area just have the little amount of companies listed in the Ranking Board.
Graph 4 : Dividing VNR500 companies by Provinces in VNR500 Ranking Board in 2009

Source : VNR Biz Database
2.     Labor :
The half of 2008 and 2009 is the hard and unstable time in domestic and international market. Unemployment has become the difficult issue for many companies operating in Vietnam. Many companies had to cut labor force in business strategy to stand still and takeover depression. This issue is proved through the general amount of labor in Vietnam Top 500 Biggest Company this year by 1020000 labors, decreasing typically compared with the last two years.
Graph 5 : Labors of companies in VNR500 Ranking Board in 2009 ( Unit : Thousand People )

Source : VNR Biz Database
3.    The result of production and business :
Although 2008 and three quarters in 2009 are estimated that the economy has many troubles but Vietnam Top 500 Largest Enterprises ( VNR500 ) showing the main role in the national economy. Gross revenue of VNR500 companies in Ranking Board in 2009 increased about 50% compared with 2008. This increasing is much high in the general state of economy, Vietnam companies indicates the power and stand still in domestic and international market.
Graph 6 : Revenue of companies in VNR500 Ranking Board in 2009 ( Unit : Thousand billion dong )

Source : VNR Biz Database
Profit of Top 500 Largest Enterprises this year, compared with the last two years, increased 30% to 2008 and 4% to 2007. In the unstable state, the increasing in revenue and profit of companies in Vietnam Top 500 Largest Enterprises proved the power of Vietnamese companies community in global financial storm.
Graph 7 : Profit of companies in VNR500 Ranking Board (Unit: Thousand billion dong)

Source : VNR Biz Database
Profit before taxes of companies in VNR Ranking Board in 2009 is more than 100 billion dongs making up the large percentage with 36% ( compared with 33% in 2008), the amount of companies which has the profit before taxes from 50 to 100 billion dongs is 16.7%. In other hands, Ranking Board in 2009 indicates that the amount of companies which has lost in profit is 12.8%, increasing more than a half, compared with 5% in 2008.
Graph 8 : Profit before taxes of companies in VNR500 Ranking Board in 2009.

Source : VNR Biz Database
Investigating figures shown that VNR500 companies – Vietnam Top 500 Largest Enterprises still remain the sustainable development and step by step go through the difficult time.

• VNR Research Division