The quartet of Vingroup stocks, including Vingroup (VIC), Vinhomes (VHM), Vinpearl (VPL), and Vincom Retail (VRE), has contributed 75 points to the VN-Index since the beginning of 2025, whereas the index only increased by nearly 43 points. The total market capitalization of this group reached nearly 790 trillion VND, accounting for over 14% of the HoSE floor. VIC stock has nearly doubled, VHM has increased over 50%, and VRE has risen 44%, while VPL just listed and rose 28%. Billionaire Phạm Nhật Vượng’s assets surged to about 165 trillion VND (6.5 billion USD), making him the world’s 322nd richest person according to Forbes. Vingroup aims for revenue of about 300 trillion VND in 2025 and has achieved 28% of its revenue target in Q1, with revenues reaching 84.053 trillion VND, a 287% increase compared to the same period last year.
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