BIC among top 500 fast-growing companies in Vietnam
FAST500 is to find out and honor the most efficient and fastest growing enterprises in Vietnam. It is built based on scientific, independent principles and international standards. This is the second year the FAST500 ranking list was announced and this is also the second consecutive year BIC received this award.
The database that serves the ranking of FAST500 in 2012 includes the figures and the documents of the four-year business period (2007-2010) of enterprises. Ranking of enterprises is arranged on the basis of their Compound Annual Growth Rate CAGR in the period from 2007-2010. Total assets, profit, labour force of enterprises are also considered in the ranking process. In order to be in FAST500 ranking list, enterprises' growth rates in four-year period must be more than 30% per year.
The second consecutive receiving award of FAST500 affirmed the strong development of BIC in the non-life insurance market.