The ‘Big Players’ Paying Off Debts Still Have Tens of Thousands of Billion VND

According to the Q2 2025 financial report, 10 companies listed on the Vietnamese stock exchange hold over 1 billion USD in cash and short-term deposits. The top companies include Bao Viet Group (BVH), Vingroup (VIC), Vinhomes (VHM), Binh Son Refining and Petrochemical (BSR), and Viettel Global (VGI). VGI leads with over 41 trillion VND, accounting for over 60% of its total assets. In a challenging fundraising environment, these cash-rich companies hold a financial advantage. Notably, PV Gas (GAS) ranks first with a net cash of 21.247 trillion VND, and after paying all debts, companies like VEAM, BSR, VGI, and Sabeco still have over 10 trillion VND remaining. In addition to state-owned enterprises, private companies such as Sabeco, Duc Giang Chemicals, and Vinamilk are also included. If the net cash is distributed among shareholders, each DGC share would yield 24,452 VND, the highest among these top 10 companies.