On January 8, 2024, in Hanoi, Vietnam Report, in collaboration with VietNamNet Newspaper, organized the Announcement Ceremony of the Top 500 Largest Enterprises in Vietnam (VNR500) for 2024. According to the 2024 rankings, with stable growth results, Construction Joint Stock Company 47 (HOSE: C47) affirmed its position as it has been continuously listed in the Top 500 Largest Private Enterprises in Vietnam for 17 years.
C47 is one of the leading companies in the construction of irrigation, hydropower, transport, civil, and industrial projects in Vietnam. Since its establishment, C47 has continuously invested in technology, human resources, and management to maintain stable growth. With high adaptability and keen insight in seizing opportunities, C47 has overcome many difficult periods such as the global economic crisis and the COVID-19 pandemic. Thanks to its flexible business strategies combined with a forward-looking vision, C47 has maintained its position in this prestigious ranking. C47 not only sustains growth and development but also establishes credibility in implementing large irrigation and hydropower projects domestically and internationally. Many projects carried out by C47 have been completed on schedule, with high quality and aesthetics, receiving high evaluations from authorities, agencies, and investors.
The VNR500 ranking has entered its 18th year in the journey of seeking, recognizing, and honoring the worthy achievements of Vietnam’s largest enterprises that have achieved significant accomplishments in business operations. The main criterion for ranking enterprises is revenue, following the Fortune 500 (USA) model. Additionally, VNR500 considers factors such as total assets, total labor force, growth rate, profit, and media reputation to assess the overall strength of the enterprises.
C47