Vinhomes Appoints New Financial Management Leader

Vinhomes Corporation (stock code: VHM) has announced the appointment of Mr. Do Duc Hieu as the Chief Accountant, replacing Mr. Le Tien Cong, who held the position of Chief Financial Officer since June 20, 2025. Before this, Mr. Hieu had not held any management positions at Vinhomes. According to the Q1 2025 financial report, Vinhomes recorded a consolidated revenue of 15,698 billion VND, with a net profit after tax of 2,652 billion VND, up 193% year-on-year. Projects like Vinhomes Royal Island and Vinhomes Ocean Park 2-3 have been the main drivers of this business outcome. At the annual general meeting in 2025, the company approved the business plan for 2025, aiming for a revenue of 180,000 billion VND and a net profit of 42,000 billion VND. As of March 31, 2025, Vinhomes’s total assets and equity reached 561,504 billion VND and 223,396 billion VND, respectively. On June 23, VHM shares were priced at 72,200 VND/share, and Vinhomes’s subsidiary intends to invest nearly 900 billion VND to build a 21-hole golf course in Quang Ninh.

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