Vingroup Outperforms 2 State Giants, Enters Top 3 Largest Market Capitalization on Vietnam Stock Exchange

Vietnam’s stock market has witnessed a remarkable surge in Vingroup’s stocks (VIC, VHM, VRE), pushing its market capitalization to approximately 230 trillion VND (9 billion USD), surpassing VietinBank and Viettel Global. Vingroup is now the third-largest company on the stock exchange, just behind Vietcombank and BIDV. This growth is surprising, considering Vingroup was outside the top 10 at the beginning of 2025. Additionally, Vinpearl is about to be listed on HoSE, aiming for revenues of 14 trillion VND in 2025. Vincom Retail also plans to increase revenue to 9.52 trillion VND, up 6%. Many billion-dollar projects of Vingroup are underway, including the Hậu Nghĩa urban area and the Gia Nghĩa – Chơn Thành expressway. VinFast has also completed 90% of its electric vehicle factory in India and maintains its leading position in the domestic automobile market.