Vingroup of Pham Nhat Vuong Finalizes Date for Its Largest Deal in History

Vingroup (stock code VIC) has announced that on December 8, 2025, it will finalize the list of shareholders to issue nearly 3.9 billion shares to increase capital from equity. This is the largest share issuance in Vingroup’s and Vietnam’s stock market history. After the issuance, Vingroup’s charter capital will double to over 77 trillion VND, surpassing Hoa Phat to become the largest non-financial company in the Vietnamese stock market. Currently, VIC stock is experiencing strong upward momentum, pushing Vingroup’s market capitalization above 970 trillion VND, positioning it among potential trillion-VND enterprises in Vietnam. Additionally, Pham Nhat Vuong plans to transfer more than 44 million VIC shares to VinSpeed, increasing VinSpeed’s ownership in Vingroup to 19.9%, while reducing Vuong’s direct stake to 8.9%. In business results, Vingroup’s revenue for the first nine months reached 169.611 trillion VND, a 34% increase year-on-year, with a net profit of 7.565 trillion VND, completing 76% of the 2025 profit target.