Behind Vingroup’s record revenue of 170 trillion after 9 months: VinFast grows 80%, VinHomes’ unrecognized sales reach 224 trillion

Vingroup’s financial report for the first 9 months of 2025 shows a consolidated revenue of 169.611 trillion VND, a 34% increase year-on-year, with real estate arm Vinhomes contributing 78.3 trillion VND, accounting for 46% of total revenue. Notably, Vinhomes’ unrecognized sales reached 224 trillion VND, a 93% increase from the previous year, ensuring stable cash flow for the future. VinFast also reported an 80% revenue growth, with nearly 50.7 trillion VND, primarily from electric car sales. The group delivered 110,362 cars, setting a new record in Vietnam. Additionally, various supporting sectors like traditional services, healthcare, and education contributed stable revenues, with total assets exceeding 1 trillion VND, making Vingroup the first private enterprise in Vietnam to reach this milestone.