What’s Happening with Vinaconex (VCG)?

VCG shares of Vinaconex dropped to the floor price on January 26 with nearly 17 million shares unsold. In this session, over 24.7 million shares were traded, significantly up from the previous session. Founded in 1988, Vinaconex is among Vietnam’s largest construction companies, involved in major projects like the National Convention Center and Long Thanh Airport. Recently, on December 30, 2025, Vinaconex completed the acquisition of 98.16% of Vietnam Water and Environmental Investment Corporation (Viwaseen), which is now a subsidiary of Vinaconex and possesses prime land in Hanoi and Hai Phong. In the first nine months of 2025, Vinaconex reported a revenue of 11,413 billion VND, a 40% increase, with a profit of nearly 3,783 billion VND, five times higher than the same period last year.