ITL Proudly Honors The Top 500 Fastest Growing Companies In 2023

ITL has proudly entered the FAST500 ranking - Top 500 Fastest Growing Companies In 2023, as announced by the Vietnam Report JSC and the VietNamNet newspaper on March 16.

Specifically, ITL has been ranked #46 on this ranking and two members of ITL, including Vietranstimex and Sotrans Group are also listed in the FAST500 ranking with the positions of #196 and #270 respectively.


 
To be listed on the FAST500 ranking, ITL and its associate companies have to prove the scale and scope of their business through their compound annual growth rate (CAGR) in revenue and business performance. In addition, other criteria such as Total asset; Equity; Pre-tax profit and Corporate reputation in the media
 
According to a survey by Vietnam Report, the compound annual revenue growth rate (CAGR) of the FAST500 has improved significantly as compared with the 2017-2020 period. Notably, the private sector took the lead in terms of the CARG this year with a growth rate of 2.3%, reflecting the strong recovery of the sector - the main engine of the national economy.
 
Following the successes achieved in 2022, ITL is entering the 3^rd Transformation journey towards the big goal of North Star – A billion company. This achievement continues to be a solid foundation for ITL’s growth in the new chapter, contributing great value to our customers and the Logistics market.
 
*For further information about the FAST500, please click here: https://fast500.vn/Charts/Index?chartId=3&year=2023