Vingroup of billionaire Pham Nhat Vuong seeks shareholders’ opinions to supplement business sectors

Vingroup (ticker VIC) has announced plans to obtain shareholders’ feedback through a written vote regarding the addition of new business sectors, expected to take place in August. At the 2025 annual general meeting, shareholders approved the inclusion of 13 new sectors, including water transport services and cargo handling. Recently, Vingroup has been particularly active in infrastructure and energy, proposing a high-speed North – South railway investment worth approximately $67 billion. Subsidiary VinEnergo was established for electricity and electrical equipment production. Vingroup aims for consolidated revenue of 300 trillion VND and net profit of 10 trillion VND in 2025, marking increases of 56% and 90% from 2024. The strategy focuses on three pillars: production (VinFast), real estate (Vinhomes), and tourism – entertainment (Vinpearl). VinFast aims to double vehicle deliveries, Vinhomes plans to expand strategically located projects, while Vinpearl hopes to enhance international market presence and direct online sales. VIC shares are currently valued at 116,000 VND/share, with a market capitalization of nearly 450 trillion VND, ranking second in the market.

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