In a context where the stock market is trading erratically, Vingroup’s stock (code: VIC) continues its hot streak, setting new highs. VIC share price surged to the ceiling at the morning session on May 19, 2025, reaching a peak of 85,600 VND per share, the highest in over three years since February 2022. In just three months, Vingroup’s stock has soared by more than 110%, marking the strongest growth among the VN30 group.
As a result, Vingroup’s market capitalization has climbed to over 327 trillion VND (approximately 12.6 billion USD), solidifying its position as the largest private enterprise on the Vietnamese stock market, second only to Vietcombank in terms of market capitalization across the entire market.
Vingroup’s stock surges to new highs
Apart from Vingroup, Vinhomes’ stock (code: VHM) also emerged as one of the primary drivers pushing the VN-Index higher, climbing by more than 3% to reach 59,900 VND per share. Meanwhile, Vinpearl’s stock (code: VPL), after a scorching hot streak, witnessed a slight correction of nearly 2% in today’s session.
Vinhomes and Vinpearl stock performance
In a related development, on May 19, 2025, the Hanoi People’s Committee inaugurated the construction of the Tu Lien Bridge and the roads leading to it, connecting from Nghi Tam intersection to Truong Sa Street.
On May 18, the Project Management Unit for Transport Construction Projects in Hanoi – the investor of Component 2, completed the selection and signed the EPC contract (Engineering, Procurement, and Construction), ensuring the conditions for the project’s commencement.
The contractor for the project is a joint venture between Pacific Construction Group (China), VinGroup, and several other partners.
The Tu Lien Bridge project will encompass multiple components, including a 1km-long, 43m-wide bridge over the Red River; a 0.3km-long, 44m-wide bridge over the Duong River; a 1.4km-long, 27.5m- to 44m-wide approach bridge on the Tay Ho district side; and a 0.4km-long, 35m-wide approach bridge on the Dong Anh district side.
The total investment for the bridge and road construction stands at 20,171 billion VND.
In other positive news, Vingroup recently announced plans to develop a large-scale urban area with a total investment of over 41 trillion VND. Specifically, the People’s Committee of Bac Ninh province has issued a decision approving the selection of investors for the New Urban Area in the Northwest of Bac Ninh City (Zone 1), with a projected total investment of over 41,270 billion VND.
The winning investor consortium is led by Vingroup, alongside three other companies: Thanh Binh Investment Development and Trading Consulting Company Limited, New Life Real Estate Investment and Development Company Limited, and Phu Tho Land Joint Stock Company.
The project is located in Hoa Long ward, Bac Ninh city, spanning approximately 277 hectares. It is master-planned with various land uses, including 60.5 hectares for residential land, 98.9 hectares for social infrastructure, 11.5 hectares for green space, and 69.7 hectares for transportation. The maximum total floor area is expected to exceed 2.6 million square meters, catering to a population of approximately 33,000 people.
For 2025, Vingroup, chaired by billionaire Pham Nhat Vuong, sets its sights on a revenue target of approximately 300 trillion VND from production and business activities, with an expected after-tax profit of 10 trillion VND. These figures represent increases of 56% and 90%, respectively, compared to the performance in 2024. In the first quarter of the year, Vingroup achieved 28% of its revenue target and 22% of its profit goal.
Vingroup’s impressive revenue and profit growth
Specifically, Vingroup recorded a remarkable first-quarter revenue of 84,053 billion VND, reflecting a 287% surge compared to the same period in 2024. This outstanding performance is attributed to significant growth in the industrial production and real estate development and investment sectors. Vingroup’s first-quarter profit reached 2,243 billion VND, marking a 68% increase over the previous year.
Breakdown of Vingroup’s revenue and profit structure
The Ultimate Guide to Boutique Gate: Riding the Wave of the Tetradecagon Bridge and the National Exhibition Center
“The door of opportunity” has officially swung open at Vinhomes Global Gate with the highly anticipated launch of Boutique Gate – a commercial property product line that has the market buzzing.
