PV GAS is listed among Fortune 100 companies – The Southeast Asia 500

On June 18, 2024, Fortune magazine for the first time published the ranking of the 500 largest companies in Southeast Asia in 2024 – the Southeast Asia 500, based on their 2023 annual revenue. Petrovietnam Gas Joint Stock Corporation (PV GAS) has had the honour of being among the 70 Vietnamese companies to make the list.

Three companies from the Vietnam Oil and Gas Group (Petrovietnam) are recognized in the Top 100 of this list: Binh Son Refining and Petrochemical Joint Stock Company – BSR is ranked 52nd with revenues of $6.2 billion, Petrovietnam Oil Corporation – PVOIL is ranked 88th with revenue of $4.3 billion, and PV GAS is ranked 98th with revenue of $3.8 billion.

In addition, the Southeast Asia 500 also recognized the emergence of other Petrovietnam units, namely PV Power, PTSC, PETROSETCO, PVFCCo and PVCFC.

Fortune magazine had announced the ranking for the first time in Southeast Asia, with the intention of reflecting the impressive development of the region, which is demonstrated by the immense growth of the leading companies. The list includes 500 large companies from 57 different sectors from Indonesia, Thailand, Singapore, Malaysia, Vietnam, etc.

PV GAS among the 10 most innovative companies in Vietnam 2024

In the current ranking, Indonesia leads quickly with 110 companies, closely followed by Thailand with 107. Malaysia, with 89 companies, surpasses Singapore, which has 84. Vietnam stands proud with 70 companies, while the Philippines and Cambodia contribute 38 and 2 companies, respectively.

In the current ranking, Indonesia leads with 110 companies, closely followed by Thailand with 107.

Malaysia, with 89 companies, surpasses Singapore, which has 84. Vietnam stands proud with 70 companies, while the Philippines and Cambodia contribute 38 and 2 companies, respectively.

The renowned Fortune magazine had first announced the ranking in Southeast Asia with the intention of reflecting the impressive development of the area.

“The Fortune Southeast Asia 500 reflects a dynamic and rapidly evolving region, with its major economies growing at a significantly faster pace than those of Europe or the US. This is partly because Southeast Asia is assuming a much greater importance in the global economy, including because a number of multinationals included in the Global 500 list have moved more of their supply chains to Southeast Asian countries,” said Clay Chandler, Executive Editor for the Asia region.

Companies featured on the inaugural Southeast Asia 500 list will join the ranks of major corporations recognized across various Fortune lists, such as the original Fortune 500, Fortune Global 500, Fortune Europe 500 and Fortune China 500. Starting June 18, the Fortune Southeast Asia 500 and the stories of the companies within it will receive extensive media coverage in Asia and around the world, celebrating the leading brands driving rapid growth and development. from Southeast Asia.