The company also consistently maintains its position in the Top 500 Fastest-Growing Enterprises in Vietnam in 2025, based on key criteria such as: compound annual growth rate (CAGR) in revenue, total assets, equity, pre-tax profit, media reputation, etc. 

According to Vietnam Report, the enterprises in the Top 500 Fastest Growing Enterprises in Vietnam (FAST500) in 2025 have shown impressive resilience in the face of a series of fluctuations since 2020. Based on the 2024 financial data, Vietnam Report assesses that, FAST500 enterprises not only sustained stable revenue growth during 2020–2023 but also continued to record positive growth in 2024, while other groups showed wide dispersion, with many data points falling into zones of decline or reduced growth momentum.

This affirms the outstanding growth capacity, adaptability, and maintaining sustainable development momentum through the financial foundation and methodical business strategy of FAST500 enterprises.

Vietnam Report’s Revenue Growth of FAST500 Enterprises

According to Vietnam Report, GELEX is recognized as one of the exemplary enterprises that has maintained impressive growth from 2018 to 2024 and has made significant contributions to the community and society. The company has been honored as one of the Top 50 Outstanding Growth Enterprises in Vietnam in 2025.

Building on its traditional business lines, over the past 10 years, GELEX has made remarkable transformations. From a company specializing in manufacturing electrical equipment, GELEX has comprehensively transitioned to become an investment group focusing on core areas such as Electrical Equipment Manufacturing and Infrastructure.

GELEX’s strategy is to grow through purposeful and efficient M&A activities, implement best governance practices, adopt modern manufacturing management, invest in focused Capex, and promptly restructure to enhance the operational efficiency of its subsidiaries and the group’s investment portfolio, marking its position as one of the largest private economic groups in Vietnam.

GELEX’s Growth Rate from 2015–2024 (According to the company’s financial statements)

By the end of Q1 2025, GELEX announced a positive financial performance with consolidated net revenue reaching VND 7,916 billion and consolidated pre-tax profit hitting VND 646 billion, increasing by 18.9% and 67.8%, respectively, compared to the same period

In 2025, GELEX targets a record revenue of VND 37,600 billion – the highest in the group’s 35-year history. If achieved, the group would reach an average annual revenue growth rate of 34.8% over the past decade. At the 2025 Annual General Meeting of Shareholders, GELEX’s leadership emphasized enhancing competitiveness by investing in human resources, developing talent, science and technology, focusing on corporate governance, and aiming for growth, efficiency, and sustainability.

In the context of macroeconomic volatility, especially due to U.S. retaliatory tax policies, GELEX has proactively adapted and introduced key measures, relying on two core factors are production capacity and brand reputation.

The company also stated its focus on the domestic market, boosting high-value-added products to contribute to increasing the local production value in line with the Government’s direction, while also exploring new markets. GELEX has tightened investment discipline, restructured, streamlined and is actively seeking opportunities to break through.

In 2025, GELEX celebrates its 35th anniversary. Every step of GELEX is closely tied to the transformation and growth of Vietnam’s economy, staying true to its principle of aligning business operations with social responsibility.

PR DEPARTMENT