On October 10th, Vingroup’s VIC shares surged to their upper limit, closing at VND 192,000 per share, a nearly 7% increase from the previous session.
Since September 10th, just one month prior, VIC’s stock price has soared by 47%. Vingroup’s market capitalization now stands at nearly VND 740 trillion, maintaining its position as the largest company on the HOSE.
Other Vin group stocks also performed well: Vinhomes’ VHM hit its ceiling at VND 123,000 per share, Vincom Retail’s VRE rose by 6.18%, and VPL gained 2.06%.
According to Forbes, as of October 10th, billionaire Pham Nhat Vuong’s net worth reached $18.1 billion, a $1.1 billion increase from the previous day, ranking him 131st among the world’s wealthiest individuals. This marks the first time a Vietnamese national has achieved such a milestone.
This surge also placed Mr. Vuong among the top 5 individuals with the largest wealth gains globally on October 10th.
On the same day, Vingroup announced plans to seek shareholder approval via written consent for a capital increase through the issuance of shares from equity and other matters within its authority.
The cutoff date for registration is October 30, 2025, with the shareholder consultation process expected to take place in November 2025.
Foreign Investors Reverse Course, Pouring Nearly 450 Billion VND into a Blue-Chip Stock Amid Reduced Selling Pressure in Session 10/10
Foreign block transactions remain a drawback, yet there’s a silver lining as net selling totaled 637 billion VND across the entire market.
Vietnamese Billionaire Pham Nhat Vuong Makes Unprecedented Move in Vietnam’s Stock Market History
The stock codes VIC and VHM both surged to their upper limit of 7%, setting new record highs. Notably, this marks the second consecutive session of Vinhomes hitting the ceiling price.
Stock Market Hits New Highs Following Market Upgrade Boost
Today (October 9th), the stock market celebrated another milestone as the VN-Index officially surpassed the 1,700-point mark, setting a new record. The upward momentum was primarily driven by a handful of large-cap stocks, with Vingroup and banking sector shares leading the charge.
VNDIRECT Shareholders Finalize Strategy to Boost Capital to Nearly VND 20 Trillion
At the extraordinary shareholders’ meeting held on the afternoon of October 10, 2025, shareholders of VNDIRECT Securities Corporation (HOSE: VND) approved a plan to reduce the scale of the private placement of shares. Additionally, they endorsed a supplementary plan to offer shares to existing shareholders.
TCBS Secures HOSE Listing Approval Following $460 Million IPO Success
Following the successful completion of its IPO of over 231 million shares, Technocom Securities JSC (TCBS) has been approved for listing on the Ho Chi Minh City Stock Exchange (HOSE) under the ticker symbol TCX. This Techcombank subsidiary is projected to achieve a market capitalization exceeding 110 trillion VND, positioning it as the industry leader in the securities sector.
