According to a quick report by Yuanta Vietnam Securities Company, Vincom Retail JSC (ticker: VRE) has acquired two commercial components within projects of Vinhomes (VHM) and Vingroup (VIC) – Vinhomes Royal Island and Vinhomes Golden Avenue – comprising a total of 1,280 low-rise units with a development cost of VND 6,100 billion. Vincom Retail plans to launch sales of these units in Q4 2025, with handover expected to commence from 2026 onwards.
Vincom Retail intends to raise capital in Q3 2025 to fund additional deposits for certain subdivisions within the Can Gio project.
The company’s long-term plan includes four shopping malls and a cluster of commercial townhouses, with VND 1,800 billion deposited for these transactions.
Previously, in late June, Vincom Retail signed a Deposit Agreement with Can Gio Tourism Urban Company (a subsidiary of Vingroup) to receive the transfer of the investment expansion project of Can Gio Sea Reclamation Urban Area – Vinhomes Green Paradise to develop the company’s commercial land fund.
Street scene of Can Gio Sea Reclamation Urban Area project.
The Can Gio Sea Reclamation Urban Area – Vinhomes Green Paradise project has a total area of 2,870 ha, located in Long Hoa commune and Can Thanh town, Can Gio district, Ho Chi Minh City, and was invested and commenced by Vingroup on April 19, 2025.
Many items in the project are on a large scale in Vietnam and globally, such as the largest theater complex in Southeast Asia; the world’s largest artificial sea; two international-standard golf courses; a 108-floor multi-functional tower; a chain of modern hotels and commercial centers; a large-scale entertainment complex; an international-standard education system, especially the presence of the US medical system – Cleveland Clinic.
Vincom Retail’s Q2 2025 net profit reached VND 1,233 billion, up 20.7% year-on-year. Profit was supported by continued growth in leasing activities and improved management efficiency – including increased interest income – and reduced provisions.
In Q3 2025, two new shopping malls are expected to open, adding approximately 100,800 sq. m of floor area and increasing the total floor area to approximately 1.9 million sq. m, up 6.3% year-on-year. The projects include Vinhomes Mega Mall Ocean City and Vincom Mega Mall Royal Island, with respective commitment rates of 95% and 96%.
“Vingroup Expands Horizons: Unveils New Focus on Green Energy and Infrastructure”
On August 11, 2025, Vingroup Joint Stock Company (HOSE: VIC) celebrated its 32nd anniversary by announcing a strategic expansion into two new pillars: Infrastructure and Green Energy. This move underscores Vingroup’s unwavering commitment to serving the people and propelling the private sector as a new driving force for Vietnam’s development.
The Green Revolution: VinGroup’s Foray into Infrastructure and Sustainable Energy
This strategic move underscores Vingroup’s unwavering dedication and spirit of service, propelling the private sector to become a new driving force in Vietnam’s development journey.
“Vingroup Expands Horizons: Unveils Green Energy and Infrastructure as New Pillars”
On August 11, 2025, Vingroup celebrated its 32nd anniversary by announcing a strategic expansion into two new pillars: Infrastructure and Green Energy. This move underscores Vingroup’s commitment to serving the community and empowering the private sector to drive Vietnam’s progress.
Crafting a Captivating Headline: An Event to Remember
“A Race Against Time: Constructing a Top 10 Global Project for a Prime Ministerial ‘National Festival’”
This top 10 global landmark will play host to a series of events celebrating a significant occasion for the nation in less than 20 days.
The Top 20 Stock Market Billionaires Gain $2.4 Billion in a Week: VPB Shareholders See the Biggest Boom
“Vietnamese entrepreneur Nguyen Duc Tai, Chairman of The Gioi Di Dong, witnessed a surge in his wealth last week. With a net worth of VND 13.4 trillion, he secured a spot in the top 10 richest individuals, reflecting a remarkable 10% increase from the previous week.”
