VinFast: Among Vietnam’s Top 100 Most Valuable Brands in 2024

According to Brand Finance, Vinhomes is the most valuable brand within the Vingroup ecosystem, valued at $1.414 billion, ranking among the Top 10 most valuable brands in Vietnam. The company has experienced remarkable growth in scale, with 30 urban areas nationwide. Vinhomes properties are highly regarded not only for their construction quality, design, and landscaping but also for their synchronized infrastructure, convenient amenities, quality services, and safe, civilized living environment.

Vinhomes stands strong among the Top 10 most valuable brands in Vietnam. With 30 urban areas across the country, Vinhomes is consistently recognized as the leading real estate developer in Vietnam and the region.

The Top 50 most valuable brands in Vietnam also include three brands from Vingroup: Vinpearl (ranked 36th), Vincom Retail (ranked 39th), and VinFast (ranked 42nd).

Among these, Vinpearl is assessed by Brand Finance as the strongest brand in the ranking, with a brand value increase of 34% to $230 million. By surpassing state-owned enterprises and other companies in the financial-banking sector, Vinpearl has become the “champion” of the strongest brands in Vietnam, testifying to the company’s continuous efforts to enhance customer experience, raise product and service awareness, and ultimately earn “5-star” ratings from domestic and international customers.

Vinpearl has the highest brand strength index in the Top 100 Vietnam Brands ranking for 2024. With over 20 years of development, the Vinpearl system comprises 30 hotels and resorts with a total capacity of over 15,900 hotel rooms and villas, spread across 17 famous tourist destinations in Vietnam.

In terms of brand value growth, VinFast achieved the highest growth rate of 142%, reaching $181 million, according to Brand Finance. This triple-digit growth is a result of the company’s smart market approach and its commitment to providing excellent cars at reasonable prices with superior after-sales services. VinFast has now expanded globally, proudly promoting Vietnamese automotive pride worldwide and becoming a model for green transportation in the region.

VinFast is the company with the highest brand value growth rate in the ranking. With a vision to become a global smart electric car brand, VinFast has laid the foundation for the electric car and motorcycle industry in Vietnam and is contributing to the global electric vehicle revolution.

Vincom Retail, the leading retail real estate developer in Vietnam, currently operates and manages 87 shopping centers nationwide, has also witnessed a rise in rankings, moving up from 42nd place last year to 39th in 2024.

Vincom Retail, a brand within the Vingroup ecosystem, currently manages and operates 87 shopping centers, present in 47 provinces and cities, leading the Vietnamese retail market in terms of network and coverage with over 1.83 million sqm of leasable area.

Two brands in the social philanthropy sector, Vinschool (education) and Vinmec (healthcare), also recorded significant jumps in this year’s rankings. Specifically, Vinschool’s brand value increased by 109% to $45 million, climbing 20 ranks to 75th place. Vinmec made its first appearance in the ranking at 97th place. This achievement demonstrates that regardless of the industry, Vingroup’s brands prioritize service quality and operational efficiency, offering customers premium experiences and enhancing their reputation in the community.

Vinschool moved up 20 places in the Top 100 Most Valuable Brands in Vietnam ranking for 2024, reflecting the efforts of Vietnam’s largest education system.

Vinmec is steadily becoming a leading academic healthcare system, proactively creating sustainable healthcare solutions in Vietnam.

The brand value ranking, released by Brand Finance, a UK-based brand valuation consultancy, is considered one of the most prestigious rankings globally. It utilizes advanced methods and collects independent assessments from financial experts. Vingroup’s presence in the Top 100 with six brands across three sectors: Technology – Industry (VinFast), Commerce – Services (Vinhomes, Vinpearl, Vincom Retail), and Social Philanthropy (Vinschool, Vinmec), underscores the strength of its brands, its sustainable development strategy, and its market leadership. These achievements contribute to enhancing the competitiveness of Vietnamese brands in the region and on the international stage.

Thai Son (Tuoitrethudo)