After a brief sideways movement, Vingroup’s stock (ticker: VIC) surged over 6% on September 25th, reaching a new peak of VND 158,000 per share. This propelled its market capitalization beyond VND 600 trillion, setting an unprecedented record in Vietnam’s stock market history.
Since the beginning of the year, VIC shares have soared nearly 290%, adding approximately VND 450 trillion to its market value. This remarkable rally has catapulted billionaire Pham Nhat Vuong’s conglomerate from outside the top 10 to the number one position in terms of market capitalization on Vietnam’s stock exchange, leaving behind major banks like Vietcombank, BIDV, and VietinBank.
The stock’s upward momentum coincides with a series of positive developments for Vingroup. Recently, VEFAC’s (ticker: VEF) Board of Directors proposed an interim cash dividend of 330% (VND 33,000 per share). Under this plan, VEFAC is expected to distribute nearly VND 5.5 trillion, with Vingroup (VIC) potentially receiving VND 4.6 trillion due to its 83.32% controlling stake.
Earlier, according to Ha Tinh Newspaper, the Deputy Head of the Provincial Economic Zone Management Board, Pham Van Tinh, signed Decision No. 152/QD-KKT on September 20, 2025, approving the investment policy and investor for the project to construct industrial factories for lease in the electric vehicle component sector. This project will be executed by Vinhomes Ha Tinh Industrial Park Investment JSC, a Vingroup subsidiary.
The project will be located in plots CN4-1 and CN4-2 of the Detailed Planning for the Central Industrial Zone CN4-CN5 within the Vung Ang Economic Zone, Vung Ang Ward, Ha Tinh Province. The total investment is projected at over VND 21.4 trillion, with investor equity of VND 3.21 trillion (15% of total investment) and mobilized capital of VND 18.19 trillion.
The groundbreaking ceremony for the Hai Phong LNG Power Plant is scheduled for September 26th. According to the issued investment registration certificate, the project has two investors: Vingroup and VinEnergo JSC, both part of the Vingroup ecosystem. The plant will have a capacity of 4,800 MW, with 1,600 MW in Phase 1 (2025-2030) and 3,200 MW in Phase 2 (2031-2035).
In other news, on September 8th, Vingroup filed a civil lawsuit, reported the matter to authorities, and sent notices to embassies regarding 68 domestic and foreign individuals and organizations for spreading false information about the company online. “Vingroup’s resolute action against distortion, fabrication, and deliberate public manipulation aims not only to protect its legitimate rights but also to safeguard societal interests and uphold the law’s integrity,” the company stated.
Mrs. Phạm Nhật Vượng Joins the Ranks of USD Billionaires
The stock portfolio of Pham Thu Huong, wife of billionaire Pham Nhat Vuong, has surged by over 20 trillion VND since the beginning of the year, reaching nearly 27 trillion VND.
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%.
