Closing the first trading session of the week on December 8th, Vingroup’s VIC shares ended at the ceiling price of 152,700 VND per share. This marks the second consecutive ceiling session following the record date for a 1:1 bonus share issue. At this price, Vingroup’s market capitalization reaches approximately 1.2 million billion VND.
At its current scale, Vingroup’s market capitalization leads the Vietnamese stock market, surpassing the combined market value of the top four state-owned and private banks (Vietcombank, BIDV, VietinBank, and Techcombank).
The fluctuation in VIC’s share price has impacted the wealth statistics of Chairman Pham Nhat Vuong. Real-time data from Forbes records his net worth at $25.6 billion, a $1.5 billion increase from the previous session.
This surge places him among the billionaires with the most significant net worth increases on December 8, 2025, ranking him 84th on the global wealth list.
Alongside share price movements and plans to increase chartered capital to over 77,000 billion VND post-issuance, Vingroup’s investment activities have seen several updates. According to the schedule, the group will launch four projects in the Vung Ang Economic Zone (Ha Tinh) on December 19th.
The projects include: VinMetal Ha Tinh Steel Plant (461 ha, total investment of nearly 80,000 billion VND); Ky Anh Wind Power Plant (400 MW capacity, investment of 17,051 billion VND); Eco Wind Ky Anh Wind Power Plant (nearly 500 MW capacity, investment of 22,647 billion VND); and Ky Trinh New Urban Area (84 ha, investment of 8,000 billion VND). These projects are part of the portfolio celebrating the 14th National Congress of the Party.
Regarding business results, the consolidated financial report for the first nine months shows Vingroup achieving a net revenue of nearly 170,000 billion VND, a 34% increase year-on-year; post-tax profit reached 7,565 billion VND. As of September 30th, the group’s total assets exceeded 1.08 million billion VND.
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