Vingroup’s stock (ticker: VIC) recently surged over 6%, reaching a new peak at VND 158,000 per share. This rally significantly boosted the wealth of Vingroup Chairman Pham Nhat Vuong and his family on Vietnam’s stock market.
According to estimates, Pham Nhat Vuong’s holdings in Vingroup (both direct and indirect) are valued at approximately VND 290 trillion, far surpassing other top investors. This figure even exceeds the market capitalization of major banks like BIDV, VietinBank, Techcombank, and VPBank.
As of September 25, 2025, Forbes ranks Pham Nhat Vuong’s net worth at $15.4 billion, placing him 168th globally. Beyond Vingroup shares, a substantial portion of Vietnam’s wealthiest individual’s assets is tied to VinFast, a Nasdaq-listed company with a market cap exceeding $7 billion.
Meanwhile, Pham Nhat Vuong’s wife, Pham Thu Huong, has seen her stock market wealth surpass $1 billion (nearly VND 27 trillion) by directly holding over 170 million VIC shares. Since the year’s start, her assets have grown by over VND 20 trillion, ranking her 5th among Vietnam’s wealthiest stock market investors.
Although Forbes has not yet recognized Pham Thu Huong as a USD billionaire, VIC’s current upward trend could soon place her on this prestigious list.
Vingroup has achieved an unprecedented milestone, becoming the first Vietnamese company to surpass a VND 600 trillion market capitalization. This follows its earlier record of reaching VND 500 trillion, previously held by Vietcombank, whose stock growth has since plateaued.
This stock surge coincides with positive developments for Vingroup. Recently, VEFAC’s (ticker: VEF) board proposed a 330% cash dividend (VND 33,000 per share), totaling nearly VND 5.5 trillion. Vingroup, holding 83.32% of VEFAC, stands to gain approximately VND 4.6 trillion.
Additionally, Ha Tinh Province’s Economic Zone Management Board approved a VND 21.4 trillion project by Vinhomes Ha Tinh Industrial Park Investment JSC (Vingroup subsidiary) to construct auto parts manufacturing workshops in Vung Ang Economic Zone.
On September 26, the groundbreaking ceremony for the Hai Phong LNG Power Plant is scheduled. Vingroup and VinEnergo are joint investors in this 4,800 MW project, with Phase 1 (1,600 MW) targeted for 2025-2030 and Phase 2 (3,200 MW) for 2031-2035.
Tomorrow, Billionaire Pham Nhat Vuong’s Vingroup Launches 4,000 Billion VND Project in Hai Phong City
On September 26th, the groundbreaking ceremony for the Tan Trao Industrial Zone (Phase 1) and the Hai Phong LNG Thermal Power Plant will officially commence.
Market Pulse 25/09: VIC Accelerates, VN-Index Closes Up Nearly 9 Points
After a morning session marked by persistent tug-of-war around the reference point, the market swiftly shifted gears in the afternoon, adopting a highly positive trajectory. At one point, the VN-Index surged by over 10 points, reaching a high of 1,668. VIC emerged as the standout stock, contributing significantly to the market’s gains today.
SSI Chairman: Market Upgrade is No Miracle
The question of whether the market will be upgraded has become a focal point at SSI Securities’ extraordinary shareholders’ meeting held on the afternoon of September 25, 2025, in Ho Chi Minh City. SSI Chairman Nguyen Duy Hung shared his insights on the matter, emphasizing that an impending market upgrade is not a magical solution.
Massive $450 Million Dividend Windfall for Vingroup
In July 2025, VEFAC successfully completed dividend payments at a remarkable total rate of 435%. The company is now actively seeking shareholder input regarding the second interim dividend advance, proposed at a rate of 330%.
Haiphong Gears Up for Vingroup’s Trillion-Dong LNG Power Plant Launch
The groundbreaking ceremony for the Hai Phong LNG Power Plant is scheduled for September 26th in Da Ngu Village, near the Duong Ao ferry terminal. This event comes as the city prepares to brace itself against Typhoon Ragasa, the ninth storm of the season.
