At the 2026 Business Forum, Forbes Vietnam announced the list of the Top 50 Best Listed Companies in Vietnam 2026, with Phu Tai Joint Stock Company among the honorees.

On September 17, 2026, as part of the 2026 Business Forum – “Decoding Capital Flows,” Forbes Vietnam held the Top 50 Best Listed Companies in Vietnam 2026 recognition ceremony. This marks the 14th year Forbes Vietnam has conducted the ranking, recognizing businesses with outstanding business performance and the ability to sustain growth over multiple years.

This year’s event took place against the backdrop of significant changes in Vietnam’s capital market, as Vietnam is preparing for FTSE Russell’s upgrade from Frontier Market to Secondary Emerging Market status. According to Forbes Vietnam, this process places increasingly higher requirements on listed companies in terms of corporate governance, transparency, capital efficiency, and quality of growth.

Recognized by Forbes Vietnam Across Multiple Criteria

The Top 50 Best Listed Companies in Vietnam 2026 list was compiled by Forbes Vietnam based on data from companies listed on the HOSE and HNX.

In the preliminary screening round, companies were required to meet criteria including profitability in 2025, as well as minimum revenue and market capitalization of VND 500 billion. The companies were then quantitatively evaluated based on five criteria: compound annual growth rates (CAGR) of revenue and profit, ROE, average ROIC, and market capitalization over the 2021–2025 period.

In addition to financial indicators, Forbes Vietnam also conducted qualitative assessments of companies’ positions within their industries, sources of profit, quality of corporate governance, and industry growth prospects. The data used for the ranking was based on audited consolidated financial statements for 2025, while market capitalization was determined as of June 30, 2026.

Therefore, Phu Tai’s inclusion in this year’s list not only reflects the company’s scale but also demonstrates the results achieved in its business operations and its efforts to build a foundation for long-term development.

Imprint of a Diversified Business Foundation

Phu Tai is a diversified company operating across key business areas including wood furniture manufacturing and trading, natural stone and engineered quartz stone mining and processing, Toyota automobile distribution, real estate investment, and wood pellet processing. Among these, exported wood furniture and natural stone are areas closely associated with the company’s manufacturing capabilities and international markets.

Forbes Vietnam has previously recognized Phu Tai as one of the listed companies with effective business performance, with the company having been included in the Top 50 list multiple times. Phu Tai made its first appearance in the list in 2017 under the Diversified category, followed by 2018 (Diversified), 2019 (Diversified), 2020 (Diversified), 2022 (Diversified), and 2023 (Diversified).

In the wood sector, Phu Tai develops indoor and outdoor furniture products for export markets, particularly the United States and Europe. In the stone sector, the company owns and operates natural stone resources while developing processing capabilities to supply products to various market segments.

The diversified business model enables Phu Tai to build a broad range of capabilities, from raw materials and manufacturing to processing and distribution. This also provides a foundation for the company to continue expanding its operations and adapting to changes in domestic and international markets.

Recognition of a Sustainable Development Journey

The Top 50 Best Listed Companies in Vietnam is an annual ranking conducted by Forbes Vietnam. According to Forbes Vietnam, the 2026 list comprises 50 companies with a combined market capitalization of more than VND 2.5 quadrillion, spanning various sectors of the economy, including banking, finance, technology, aviation, manufacturing, and consumer goods.

In a capital market environment that increasingly emphasizes the quality of growth, capital efficiency, and corporate governance capabilities, Phu Tai’s inclusion in the list represents recognition of the company’s efforts in its production and business operations and in building a foundation for long-term development.

This recognition also serves as motivation for Phu Tai to continue strengthening its manufacturing capabilities, developing products, expanding international markets, and enhancing its corporate governance system, with the goal of achieving stable growth and creating sustainable value for customers, partners, employees, and shareholders.

Phu Tai continues to pursue new milestones on its journey of Creativity – Speed – Sustainability.