Vinpearl, part of Vingroup, has officially started trading on HoSE and has shown impressive growth. In its first three trading sessions, VPL shares surged to 97,700 VND, bringing the company’s market capitalization to 175.2 trillion VND, surpassing Hoa Phat and ranking 10th on the Vietnamese stock exchange. Vinpearl is now one of three representatives of billionaire Pham Nhat Vuong in the top 10 largest companies on the exchange. The Vietnamese tourism sector is recovering rapidly, expected to reach 130 million domestic visitors by 2025, presenting growth opportunities for Vinpearl. The company owns over 45 hotels and resorts at famous tourist destinations, offering diverse and high-quality services. In Q1 2025, Vinpearl reported revenue of 2.971 trillion VND, a 76.6% increase year-on-year, with a target of 14 trillion VND in sales for this year.
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