On May 13, 1.79 billion VPL shares of Vinpearl Co., Ltd. will officially list on HoSE with a reference price of 71,300 VND per share, bringing Vinpearl’s total value to nearly 130 trillion VND (~5 billion USD). Vingroup is currently the largest shareholder of Vinpearl, owning over 85% of its shares.
As of now, Vingroup’s market capitalization is approximately 292.5 trillion VND, with companies like Vinhomes, Vincom Retail, and VEFAC each valued over 1 billion USD. When combined with VinFast, the total market capitalization of Vingroup’s enterprises is nearly 1 trillion VND. Vinpearl was established in 2001, previously listed but delisted and merged into Vingroup.
Recently, Vinpearl reported a 45% revenue increase in Q1 2025 compared to the same period last year, aiming for a revenue target of 14.15 trillion VND for 2025. The company had incurred substantial losses during the COVID-19 pandemic but returned to profitability in 2022.
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