“Vingroup’s Market Capitalization Surpasses VND 500 Trillion, a Historic High”

Vingroup’s VIC shares surged 4-5% during the August 25 trading session, reaching as high as 131,400 VND per share. With this price, Vingroup’s market capitalization officially surpassed the 500 trillion VND mark, the highest ever.

Vingroup becomes only the second company in the history of Vietnam’s stock market to achieve this feat, after Vietcombank. Vietcombank’s current market capitalization stands at 541 trillion VND.

Vingroup has witnessed significant growth this year:

– Year-to-date: Up 223.1%

– Since the beginning of Q2: Up 119.4%

– Since the start of Q3: Up 37%

– August so far: Up 24%

The current rally in Vingroup’s shares is reminiscent of 2017 when the group announced its foray into automobile manufacturing and commenced construction of the VinFast factory in Hai Phong. That year, Vingroup’s market capitalization doubled from about 110 trillion VND to 200 trillion VND within just three months.

In 2025, VIC’s strong performance comes as the group expands its strategy into infrastructure and energy, sectors with long-term foundational characteristics, alongside industry, technology, and trade services.

Most recently, Vingroup announced the deployment of 150,000 battery swap stations for electric motorcycles and the launch of battery swap-enabled electric motorcycle models nationwide.

As of June 30, 2025, Vingroup’s consolidated total assets stood at 964,439 billion VND, with revenue and after-tax profit for the first six months reaching 130,366 billion VND and 4,509 billion VND, respectively.