Total value of Vingroup reaches nearly 1 trillion VND as billionaire Pham Nhat Vuong brings 5th billion-dollar ‘blockbuster’ to the stock market

On May 13, VPL shares of Vinpearl JSC will be listed on HoSE with a reference price of 71,300 VND/share, valuing nearly 130 trillion VND. Vingroup, the major shareholder holding 85.5% of Vinpearl, has a market value of about 110 trillion VND just from this stake. The total market capitalization of Vingroup’s companies, including Vinhomes and Vincom Retail, reaches nearly 774 trillion VND, totaling almost 1 trillion VND when including VinFast from Nasdaq. Vingroup’s market cap is about 292.5 trillion VND, Vinhomes 255.48 trillion VND, while VinFast reaches a value of 8.7 billion USD (226 trillion VND). Vinpearl has recovered from heavy losses during the pandemic, achieving a profit again in 2022, with Q1 2025 revenue of 2.435 trillion VND and a profit of 90 billion VND. Vinpearl targets 2025 revenue of 14.15 trillion VND, and plans to increase its equity capital to 40.534 trillion VND by 2026.