Vinspace Joint Stock Company was established on November 3, 2025, with a charter capital of 300 billion VND. The company is founded by Vingroup, billionaire Pham Nhat Vuong, and his two sons, Pham Nhat Quan Anh and Pham Nhat Minh Hoang.
Pham Nhat Vuong contributes the largest share with 213 billion VND, equivalent to 71%; Vingroup contributes 57 billion VND, or 19%. Pham Nhat Quan Anh and Pham Nhat Minh Hoang each contribute 15 billion VND, representing 5% each.
The company operates in six industries, most notably the production of aircraft, spacecraft, and related machinery, as well as air freight transportation.
The Chairman of the Board of Directors is Nguyen Mai Hoa, a figure closely associated with Vingroup, notably serving as the Chairman of VinRobotics.
Vingroup’s Q3 2025 financial report (HoSE: VIC) reveals robust growth, with net revenue reaching 169.611 trillion VND (equivalent to 6.45 billion USD), a 34% increase, and post-tax profit doubling to 7.565 trillion VND compared to the same period last year.
A detailed analysis of the Q3 2025 financial report highlights that the real estate sector (primarily Vinhomes) remains the conglomerate’s primary revenue generator. This segment contributed 78.3 trillion VND (3 billion USD) to consolidated net revenue, accounting for 46% of the total structure.
While real estate represents the “present,” VinFast is the “future” receiving the largest investment. The manufacturing sector (mainly VinFast) has emerged as the second-largest revenue pillar, recording nearly 50.7 trillion VND (1.9 billion USD), constituting nearly 30% of the total structure.
“Unprecedented Speed: $18 Billion Mega-Project Surpasses Can Gio Coastal Urban Area as Vingroup’s Largest Investment in History, with Nearly 1,500 Households Receiving Compensation and Land Handover”
With a staggering investment of over $18 billion USD, Ha Long Xanh surpasses Vinhomes Can Gio ($10 billion USD) to become Vingroup’s most ambitious project to date.
The Inaugural Autumn Fair 2025: Attracting Over 1 Million Visitors and $215 Million in Transactions
The inaugural Autumn Fair 2025 has emerged as the most successful “super fair” of this year’s fair season, boasting an impressive trade value of nearly 5 trillion VND.
Unraveling Vingroup’s Massive $3.5 Billion Cash Reserve: Where Did the Money Come From?
Vingroup’s cash and bank deposits account for approximately 7.4% of its total assets.
Vingroup Seeks to Double Charter Capital, Plans to Issue 3.85 Billion Additional Shares to Shareholders
Vingroup’s chartered capital is set to surge to an impressive 77.335 trillion VND, marking a significant milestone in the corporation’s growth and expansion strategy.
Is the Largest Stock Offering in History on the Horizon?
Vingroup, one of Vietnam’s leading conglomerates, is seeking shareholder approval for a groundbreaking issuance of 3.85 billion shares—the largest in the country’s stock market history. If successful, this move will double the company’s chartered capital to over 77 trillion VND, marking a significant milestone in its growth trajectory.
