HSG is listed one among the most effective companies in Viet Nam. — VNS Photo

HCM CITY (Biz Hub) — The giant steelmaker Hoa Sen Group (HSG) has been named as one of 50 of the most effective companies in Viet Nam by Nhịp Cầu Đầu Tư (Investment Bridge) Magazine in collaboration with Thiên Việt Securities Company.

The list assesses business performance of companies operating in different industries listed on the Vietnamese stock market.

The 50 companies were selected based on their sales growth, return on equity, and stock return from 2013 to 2015.

This was the third consecutive time that HSG has been on the list. The company had sales growth of 20 per cent, return on equity of 23 per cent and stock return of 146 per cent.

The company is one of the biggest steel producers in the country and ASEAN. Its products are exported to 65 nations and territories.

Mobile phone retailer Mobile World (MWG) was also included on the list for the second time.

Last year, the company reached profit growth of 60 per cent. In the first quarter of this year, the figure was 75 per cent. The company has 900 stores nationwide. — VNS