As of July 18, 2025, the VN-Index was nearing the historical level of 1,500 points, and the total market capitalization of the stock market reached approximately 8.3 million billion VND. Among this, 8 ‘clans’ including Vingroup, Masan Group, FPT, GELEX, T&T Group, Sovico Group, Hoàng Huy, and DNP – Tasco held 29% of the total market capitalization, equivalent to over 2.4 million billion VND. Notably, Vingroup, with four stocks (VIC, VHM, VRE, VEF), accounted for 45% of the group’s total value, approximately 1.11 million billion VND or 13% of the entire market. The capital of these corporations has significantly increased, with Vingroup’s value rising by 186% in just six months. Other groups such as T&T Group and GELEX also saw considerable growth, although some stocks were delisted. FPT and Masan Group had capitalizations of 309 trillion and 540 trillion VND respectively, with Masan seeing a 74% increase and FPT decreasing by 9%.
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