In the first trading session of the week on March 3, 2025, stocks of billionaire Pham Nhat Vuong, including Vinhomes (VHM), Vingroup (VIC), and Vincom Retail (VRE), recorded strong increases, leading the VN30 group, helping the Vn-Index stay above 1,300 points. Specifically, VHM rose 3.3% to 42,550 VND, VIC increased by 2%, and VRE by 1.7%. Foreign investors purchased a net of over 3 million VHM shares, nearly 500,000 VIC shares, and more than 600,000 VRE shares. The strong increase of Vinhomes may be due to the expected launch of many new real estate projects this year, including Vinhomes Apollo City and Wonder City. Vingroup also reported record revenue in Q4 2024 of 65,244 billion VND, an increase of 4% year-on-year. Total revenue for 2024 reached 192,159 billion VND, up 19% compared to 2023. Notably, VinFast has risen to lead the Vietnamese automobile market with nearly 88,000 vehicles delivered.
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