In 2024, CafeF announced the PRIVATE 100 and VNTAX 200 lists, honoring the companies that contribute the most to Vietnam’s budget. VNTAX 200 includes businesses with contributions over 200 billion VND, while PRIVATE 100 is for private enterprises. The Top 20 private real estate companies contributed 63.2 trillion VND, with Vinhomes leading at 40.142 trillion VND. Companies like BIM Group and Nam Long also showed impressive growth recently. Revenue from land significantly supports the budget, accounting for over 17.5% of domestic revenue. In Hanoi, the first four months of 2025 reported land revenue of about 54 trillion VND, reflecting sustainable growth in real estate. Total budget revenues are expected to continue increasing with many large development projects soon to be launched.
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