Petronas’ position is attributed to its steady brand success, which contributed to a Brand Value of US$13.6 billion in 2022, up from US$12 billion in 2021, a 13 percent rise. Petronas was able to rebound from last year’s oil and gas sector issues because of an increase in energy demand as the global economy improves post-pandemic.

2. Viettel

Vietnam’s Military Industry and Telecoms Group (Viettel) surged 99 spots to 227th place on Brand Finance’s list of the world’s 500 most valuable and strongest brands for 2022. This is the only Vietnamese brand in Brand Finance’s Global 500 in 2022, with a valuation of US$8.758 billion (up 45% over last year).

Viettel maintains its position as Southeast Asia’s leading telecoms brand, ranking among the top three most valuable brands in the area.

3. DBS

DBS is the largest bank by assets in Southeast Asia. For the first quarter of 2022, DBS Group reported net profit of SGD 1.80 billion for the first quarter of 2022, the second-highest on record. Return on equity was 13.1%. In the 2022 list, DBS ranked 234th, up 11 spots compared to the 2021 list (ranked 245th).

4. UOB

UOB Bank is ranked 468th on the Global 500 list for 2022. UOB’s net income as of the end of Q4 2021 was S$6.388 billion, and in the first quarter of 2022, UOB reported a net profit of S$1.30 billion.

5. OCBC

By the end of the Q4 of 2021, OCBC bank’s net profit reached S$4.86 billion, up 35% compared to 2020 (net profit reached S$3.59 billion). In the list of top 500 global brands in 2022, the bank ranked 482nd, down 49 spots compared to 2021 (ranked 433rd).

According to seasia.co AND brandirectory.com