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) all surged, helping the VN-Index remain above 1,300 points. Specifically, VHM rose by 3.3% to 42,550 VND, VIC increased by 2%, and VRE went up by 1.7%. Notably, foreign investors net bought over 3 million shares of VHM, nearly 500,000 shares of VIC, and 600,000 shares of VRE. Vinhomes recorded a positive outlook with plans to launch four new real estate projects this year. Vingroup reported a record revenue of 65,244 billion VND for Q4 2024, with post-tax profit 2.36 times higher than the same period last year, driven by property handovers and electric vehicle development. The company also invested 300 billion VND in the smart urban application sector.
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