VNX Top 50 FORBES index
Forbes Vietnam, the Vietnamese edition of the international Forbes magazine, has published annually list of the top 50 best companies on the country's stock exchange since 2013.
As of 03/06/2014, the total market capitalization of these 50 companies had reached VND661 trillion (US$31.1 billion), accounting for 60 per cent of total market capitalization of the HCM City Stock Exchange (HOSE) and Ha Noi Stock Exchange (HNX).
Included in the list are the biggest companies in the market as well as small- and medium-sized businesses that have excellent operational results with promising prospects in the coming years.
Also, IFRC, in cooperation with Forbes Vietnam, has launched VNX Top 50 Forbes index based on the list of Forbes. From end of 2013, the index achieved a rise of 18.82% and outperformed the VN30 index.
The index is calculated in Price and Total return versions and converted into 4 different major currencies: VND, USD, EUR and JPY