The Vietnamese stock market has seen a strong surge of Vingroup’s stocks like VIC, VHM, and VRE. Over the past month, VIC has increased by 45%, VHM by 30%, and VRE by 15%. Vingroup’s market capitalization reached approximately 230 trillion VND (9 billion USD), surpassing VietinBank and Viettel Global, now ranking behind only Vietcombank and BIDV. This remarkable increase positions Vingroup as the largest private corporation on the stock exchange. Vinpearl is about to be listed with a revenue plan of 14 trillion VND and a profit of 1.7 trillion VND. Vincom Retail also aims for a revenue of 9.52 trillion VND and a profit of 4.7 trillion VND for 2025. Vingroup is implementing several major projects with a total investment of around 13 billion USD, including infrastructure and urban projects. VinFast has also completed 90% of its electric vehicle factory in India and maintains its lead in domestic automobile sales.
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