The renowned South Korean chaebol, SK Group, has released its semi-annual report for 2025, offering insights into its investment activities in Vietnam.
According to the report, SK Group’s subsidiary, SK Investment Vina II Pte. Ltd., divested its holdings in Vingroup on August 5, 2025.
Excerpt from SK Group’s report.
On August 5, Vingroup’s stock (VIC) surged by 5.7% to reach VND 117,500 per share, with a trading volume of approximately 455.7 million shares. The day before, around 90 million VIC shares changed hands between foreign and domestic investors, coinciding with the stock’s upward movement to VND 111,200 per share.
At the time, SK Group’s massive transaction did not require public disclosure as the group was no longer a major shareholder in Vingroup, having reduced its stake below the threshold. Previously, SK Investment Vina II had offloaded over 50.8 million VIC shares between January 16 and February 14, 2025, as part of a portfolio restructuring strategy. This resulted in SK’s ownership decreasing from 6.05% to 4.72% of Vingroup’s capital.
In 2019, Vingroup and SK Group forged a strategic partnership, with the latter investing approximately VND 23,300 billion (roughly USD 1 billion at the time) in Vingroup. As per the agreement, SK Group intended to become a strategic partner by acquiring 154.3 million newly issued shares from Vingroup and purchasing 51.4 million shares from VinCommerce (now WinCommerce), which was then a subsidiary of Vingroup.
As of the close of the August 14 trading session, more than a week later, VIC shares were valued at VND 118,200 each.
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