Vingroup Reaches Unprecedented Milestone in Nearly 5 Years

On September 17, Vingroup’s VIC stock soared 6% to 143,100 VND/share, bringing its market capitalization to nearly 551.4 trillion VND, surpassing Vietcombank to become the largest company on the Vietnam stock market. Since the beginning of the year, VIC shares have increased by 250%, and the company’s market cap has risen by an additional 396 trillion VND. Vingroup, which held this position from 2018 to 2020, has regained its crown from Vietcombank.

In the first half of 2025, Vingroup achieved a revenue of 130.476 trillion VND, doubling last year’s figure, with a pre-tax profit of 11.159 trillion VND, up 69%. In the technology sector, VinFast delivered 72,167 electric vehicles, 3.2 times more than last year and maintained the leading position in the domestic market with 67,569 units. In real estate, the revenue reached 70.5 trillion VND, nearly tripling compared to the same period, driven by Vinhomes. Vinpearl also recorded positive revenues, achieving 7.9 trillion VND in the first half of 2025, reflecting the strong recovery of the tourism industry.