Vietnam Exhibition Center Joint Stock Company (VEFAC) has completed a 435% dividend payout, providing Vingroup with approximately 6.038 trillion VND. VEFAC is set to issue a second advance dividend of 330%, potentially bringing Vingroup’s total collection to over 10.5 trillion VND in 2025. This amount exceeds the 7.879 trillion VND from investment recovery in the first half of the year and accounts for 24% of Vingroup’s operational cash flow. VEFAC reported a pre-tax profit of 19.081 trillion VND, up 8,341% year-on-year, driven by 44.56 trillion VND revenue from transferring the Vinhomes Global Gate project. This cash flow is crucial for Vingroup as it invests heavily in technology and industry.
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