Post Date : Friday, July 11, 2025
???? VIC Surges 140% YTD – Billionaire Phạm Nhật Vượng Sets New Wealth Record
The latest developments in the stock market continue to reflect a strong optimistic trend, particularly among the "Vin-group" of stocks. Notably:
As of early 2025, VIC (Vingroup) shares have surged by approximately 140%, making it one of the strongest-performing stocks on the market.
As a result, Phạm Nhật Vượng, Chairman of Vingroup, has seen his net worth soar to USD 10.9 billion, placing him at #254 on Forbes' list of global billionaires.
VIC’s growth is not due to luck but stems from strategic investment initiatives:
One major driver is the Cần Giờ coastal urban tourism project, which broke ground in late April and spans 2,870 hectares.
This massive development includes a series of world-class structures:
The largest opera house in Southeast Asia
The world’s largest artificial lagoon
A 108-story multipurpose tower
Two international-standard golf courses
A complex of hotels, shopping centers, and modular entertainment zones
Besides VIC, other stocks in the Vingroup ecosystem also posted strong gains:
VHM: +5.13%
VRE: nearly hit the daily cap, up +6.16%
VPL: dipped slightly by -0.43% (a technical fluctuation, not indicative of a broader trend)
VN-Index rose 14.32 points (+1%) to 1,445.64, marking its highest level in over three years.
HNX-Index edged down 0.08% to 238.44.
Market liquidity remained robust, with over VND 30,431 billion in total trading volume.
Major blue-chip stocks like FPT, MSN, VJC, PLX, and SSI also rallied, supporting the upward momentum.
According to ACB Securities (ACBS):
Forecasted post-tax profit growth for listed companies is expected to reach +11.6% YoY in 2025.
VN-Index is projected to fluctuate within 1,350 – 1,500 points in 2025.
Market liquidity is anticipated to increase by 20% compared to 2024.
Foreign capital inflows will remain a key driver for market momentum.
The strong performance of VIC and the broader Vingroup ecosystem has become a symbol of Vietnam’s impressive stock market recovery.
With investor sentiment remaining upbeat, corporate earnings on the rise, and robust capital inflows, the second half of 2025 could mark the beginning of a sustainable bull run.