Which locality ranks third in the number of ‘billionaires’ of 10,000 billion, after Hanoi and Ho Chi Minh City?

Among the 34 provinces and cities in Vietnam, Hai Phong stands out with 4 enterprises having a market capitalization of over 10,000 billion VND, ranking third in the country after Hanoi (52 enterprises) and Ho Chi Minh City (50 enterprises). The companies in Hai Phong include Hoang Huy Financial Services Investment Corporation (TCH), Viconship Corporation (VSC), Hai Phong Port Corporation (PHP), and Tien Phong Plastic Corporation (NTP). TCH has a capitalization of 13,500 billion VND, VSC 11,880 billion VND, PHP 11,670 billion VND, and NTP 10,300 billion VND. Among them, VSC and Hai Phong Port mainly operate in logistics and seaport services, showcasing Hai Phong’s competitive advantage. NTP represents the industrial and manufacturing sector, while TCH reflects the development of real estate. Although Hai Phong has no enterprises exceeding 100,000 billion VND, the presence of these giants still emphasizes the locality’s significant role in the economy.