The State Securities Commission Responds to Vingroup’s Largest Deal in History

The State Securities Commission (SSC) has received complete documentation from Vingroup (VIC) to issue nearly 3.9 billion bonus shares at a 1:1 ratio to increase its equity capital from retained earnings. This move will raise Vingroup’s charter capital to over 77 trillion VND, surpassing Hoa Phat, making it the largest non-financial enterprise by equity on the Vietnamese stock exchange. VIC shares are currently trading around 243,000 VND/share, with a market capitalization exceeding 950 trillion VND, solidifying its top position on the stock exchange. Vingroup reported a consolidated revenue of 169.611 trillion VND in the first nine months of 2025, a 34% increase year-on-year, with a post-tax profit of 7.565 trillion VND, achieving 76% of its annual profit plan. Total assets reached 1.087 trillion VND, crossing the 1 trillion VND milestone for the first time.