As of July 18, 2025, Vietnam’s stock market capitalization reached nearly 8.3 trillion VND, with 8 major clans holding 2.4 trillion VND, accounting for 29% of the total value. The Vingroup clan (Pham Nhat Vuong) leads with 1.11 trillion VND, representing 45% of the group and 13% of the entire market. Following closely are Masan Group, FPT, GELEX, T&T Group, Sovico Group, Hoang Huy, and DNP-Tasco. Vingroup recorded a market capitalization growth of 186% in six months, propelled by the strong price increase of stocks like VIC and VHM. Hoang Huy and GELEX also saw good growth but with smaller capitalizations of 24 trillion VND and 157 trillion VND, respectively. T&T Group, with 4 core stocks, also performed well. FPT and Masan hold significant market capitalizations but show varied trends in growth and decline. The competition in market capitalization has witnessed many fluctuations, with the dominance of the ‘giants’ in the market.
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