As one of Vietnam’s most trusted annual rankings, Forbes evaluates companies based on their audited consolidated financial statements published on the Ho Chi Minh Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX).
Strong Recovery Signals from Listed Companies in 2024
This year's results indicate a robust recovery for listed enterprises. Among them, IDICO Corporation JSC significantly surpassed its 2024 annual plan, with consolidated revenue and pre-tax profit increasing by 21% and 46% respectively, compared to 2023. These figures represent 107% and 120% of the plan, driven by synchronized growth across all key business pillars. Consolidated revenue for 2024 reached a total of VND 9,048 billion. Notably, the industrial park infrastructure and services segment continued to play a pivotal role, contributing VND 3,516 billion, an impressive 101% increase against its set target. Additionally, the report highlighted the sustainable growth of the power business segment, which reached VND 3,373 billion, equivalent to 110% of the full year-over-year plan, and positive performance from commercial real estate and other business activities.
Continued Positive Outlook for 2025
In Q1 2025, IDICO Corporation JSC recorded over VND 1,908 billion in revenue and more than VND 521 billion in pre-tax profit, representing increases of 21% and 20% respectively against its full year-over-year 2025 plan. Furthermore, industrial park land leasing activities continued to track closely with the annual leasing plan. IDICO also attracted significant interest from both domestic and international investors, particularly foreign direct investment (FDI) from Southeast Asian and European countries.
IDICO: Building a Sustainable Investment Environment in Vietnam
With 25 years of development alongside Vietnam's industrial growth, IDICO has built a comprehensive industrial ecosystem founded on four core pillars: industrial real estate, power & renewable energy, industrial park services, and housing & urban development.
Guided by a commitment to sustainable growth and long-term value creation, IDICO continues to leverage its proven financial strength and operational efficiency. This foundation empowers the Corporation to pursue its long-term vision, remain resilient amid economic fluctuations, and stand as a trusted partner to global investors in Vietnam’s evolving industrial landscape.
IDICO
![[SIGNING CEREMONY] VIFON INVESTS IN FOOD PROCESSING PLANT AT IDICO HUU THANH INDUSTRIAL PARK](https://admin.idico.com.vn/uploads/Hinh_3_06272025_28e2574e0b.png)