During the trading session, VIC shares of Vingroup rose to the ceiling price of VND 207,200 per share, the highest level within the VN30 basket. The stock has increased tenfold compared with early 2025.
By the close, the stock still had a surplus of more than 1.2 million shares at the ceiling price, with matched volume exceeding 4.7 million units. Foreign investors recorded net purchases of nearly VND 162 billion (approximately USD 6.4 million).
Alongside VIC, VHM shares also gained more than 3 per cent, entering the top three highest priced stocks in VN30. Both Vingroup related stocks were the strongest contributors to the market’s upward trend.
The rally added USD 2.7 billion to the fortune of Pham Nhat Vuong, bringing his total wealth to USD 34 billion, according to Forbes. He is now ranked 67th globally.
The positive performance coincided with Vingroup’s annual general meeting of shareholders, where Vuong outlined strategic directions across business sectors, including updates on VinFast.
Billionaire Pham Nhat Vuong (Photo: VIC).
He said the group is considering new vehicle models capable of longer driving ranges, even if users forget to recharge, while reaffirming it would not return to petrol powered car production.
For 2026, Vingroup targets revenue of VND 485 trillion (approximately USD 19.1 billion), up nearly 46 per cent year on year. Post tax profit is projected at VND 35 trillion (approximately USD 1.4 billion), nearly tripling the previous year.
The VN Index rose 23.82 points to 1,857.3 points, although liquidity on the HoSE remained modest at VND 21.39 trillion (approximately USD 842 million). Despite the index gain, declining stocks outnumbered gainers on both HoSE and HNX exchanges.
