Since the beginning of 2025, Vingroup’s stocks including Vingroup (VIC), Vinhomes (VHM), Vinpearl (VPL), and Vincom Retail (VRE) have had a significant impact on the VN-Index, contributing over 75 points while the index increased only about 43 points overall. As of May 14, the total market capitalization of these stocks reached nearly 790 trillion VND, accounting for 14% of the entire market. VIC has nearly doubled, VHM has risen over 50%, VRE has increased 44%, while VPL has surged 28% since its listing. Pham Nhat Vuong’s net worth is estimated at 165 trillion VND (6.5 billion USD), a strong increase compared to the beginning of the year and placing him at 322 in Forbes’ list of the world’s richest people. Vingroup aims for a total revenue of 300 trillion VND and a net profit of 10 trillion VND in 2025, with Q1 results reporting revenue of 84.053 trillion VND, an increase of 287% year-on-year.
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