Vingroup (stock code VIC), led by billionaire Pham Nhat Vuong, has announced it will seek written shareholder approval for a share issuance to increase its charter capital from its equity. The last registration date is October 30, 2025, with the voting period expected in November 2025. This move comes as VIC shares surge to a record peak of 192,000 VND per share, bringing the company’s market capitalization to nearly 740 trillion VND (~28.5 billion USD), securing its position as the top on the stock market. Vingroup also proposed investing in a sea bridge connecting Can Gio and Ba Ria – Vung Tau via a build-transfer (BT) model to shorten travel time and boost local economic development. Pham Nhat Vuong has completed the transfer of over 60 million VIC shares to VinEnergo for capital contribution, retaining nearly 390 million shares, equivalent to 10.04% ownership.
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