As of July 18, 2025, the total market capitalization of Vietnam’s stock market is nearly 8.3 trillion VND, with 29% of this value belonging to 8 clans of stocks within private enterprise ecosystems. Leading is Vingroup, which accounts for 45% of this group, having 1.11 trillion VND, corresponding to 13% of the total market. Vingroup’s capitalization has surged since the beginning of the year due to strong growth from parent stocks VIC and VHM. Other clans like Hoang Huy and GELEX also recorded impressive growth, despite their smaller capitalization scale. T&T Group has also seen steady growth but only with two major stocks performing well. The FPT and Masan Group ecosystems also show growth, albeit unevenly. In this volatile stock market context, these clans dominate a significant segment of the market.
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