Top 500 fastest-growing businesses for 2025 revealed

Top 500 fastest-growing businesses for 2025 revealed

Now in its 15th year, FAST500 honours businesses that are thriving and making strong contributions to Việt Nam’s economic development.

Đặng Việt Tú Uyên, deputy general director of Phát Đạt Real Estate Development Corporation (centre) received, the award for Top 10 most reputable property developers 2025. —VNS Photo

The 2025 edition of FAST500, a list of Việt Nam’s 500 fastest-growing enterprises, was officially announced in Hà Nội on Thursday by Vietnam Report JSC in collaboration with VietNamNet newspaper.

Now in its 15th year, FAST500 honours businesses that are thriving and making strong contributions to Việt Nam’s economic development. The rankings are based primarily on compound annual revenue growth, alongside indicators of corporate social responsibility.

The top 10 in the list are Ngân Tin Investment Group JSC, FPT Long Châu Pharmaceutical JSC, Nam Á Information Technology JSC, Stellapharm J.V. JSC, Taseco Real Estate Investment JSC, Bình Thuận Plastics Group JSC, Petro Times JSC, Vitadairy Vietnam JSC, Searefico Engineering and Construction JSC and Việt Thanh Plastic Trading and Manufacturing JSC.

Organisers also announced the FAST RISING 100, recognising a group of 'rising star' enterprises with high potential for breakthrough growth. These include businesses with sustainable growth, rapid expansion or outstanding recovery performance.

Also featured were the top 10 and top five reputable companies in the real estate, construction and building materials sectors – key players that have delivered strong performances and earned investor trust through financial resilience and recovery efforts.

Speaking at the event, Vietnam Report CEO,Vũ Đăng Vinh, noted that many businesses continue to face challenges such as high inflation, global trade tensions and a sluggish economic rebound.

According to Vietnam Report, the average compound annual revenue growth of FAST500 companies during 2020–23 stood at only 22 per cent. Despite this, the FAST500 firms have still demonstrated commendable resilience.

Preliminary 2024 data shows these firms continued to outperform, with many maintaining or accelerating their growth trajectories, even as others stagnated or declined. This sustained success highlights their solid financial foundations and agile business strategies.

At the event, Vietnam Report also released a bilingual economic growth report titled “Rebirth”, offering insights into macroeconomic trends, prospects for potential sectors and main growth drivers, and potential future market shaping trends. 

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