In the early afternoon session, VIC of Vingroup and VRE of Vincom Retail both had surplus buying prices, while VHM of Vinhomes also increased by 6.2%, traded close to the ceiling price.
According to calculation, the market capitalization value of the above 3 stocks increased by 26.7 trillion VND today, in which VIC increased by 11.7 trillion VND, VHM increased by 11.5 trillion VND, and VRE increased by 3.5 trillion VND.
These are the highest market capitalization levels of VIC, VHM, and VRE so far this year.
In terms of business activities, Vincom Retail currently owns 83 shopping centers located in central locations in 44 provinces and cities throughout Vietnam. Last year, the company introduced 11 major international brands for the first time in Vietnam such as Lush, ADLV, Wulao… and 10 flagship stores with different and unique models at Vincom Shopping Centers such as Nike Live, Pizza 4P’s Premium, Aldo, Swarovski.
In 2024, Vincom Retail is expected to open 6 more shopping centers with a total retail floor area of about 160,000 square meters, maintaining its position as the leading retail real estate developer in Vietnam and the region.
In the past year, Vinhomes achieved a combined net revenue (including revenue from Vinhomes’ activities, business cooperation contracts (BCCs), and real estate transfers recorded in financial revenue) of 121.4 trillion VND, an increase of 49% compared to 2022, mainly thanks to the timely handover of 9,800 low-rise real estate units at Vinhomes Ocean Park 2 and 3.
Recently, there has been information that the joint venture between Vinhomes JSC – Vietnam Investment Group JSC (VIG) is the only investor to register for the implementation of Phuoc Vinh Tay New Urban Area, Can Giuoc district, with a total investment capital of 3 billion USD.
On the Vingroup side, VinFast, a subsidiary of the company, has recently received good news with its entry into markets such as Indonesia and India.
