911 Group Engages in 680 Billion VND Transaction with Vincons from Vingroup Ecosystem, Eyeing Nuclear Power in Ninh Thuan

911 Group (HoSE: NO1) recently approved a collaboration with Vincons from the Vingroup ecosystem through a transaction worth 680 billion VND. At the 2025 shareholders’ meeting, the group aims for a revenue of 880 billion VND and a profit of 18 billion VND, despite anticipated challenges in business operations. Vincons will receive goods to support construction activities for major projects such as Vinhomes Ocean Park and VinFast factory. Chairman Nguyen Manh Hai emphasized opportunities in public investment initiated by the Government, expanding their client base, including the Ninh Thuan Nuclear Power Company. Moreover, the group has signed a contract to purchase 400 taxis from VinFast, enhancing its transport service and preparing to launch a taxi app. By the end of 2024, 911’s revenue reached 802.3 billion VND, a 31.2% increase year-on-year, while profit stood at 18 billion VND.