Vingroup Corporation (code: VIC) has just announced its consolidated financial statements for the second quarter of 2025 according to Vietnamese Accounting Standards (VAS).
Accordingly, total consolidated net revenue in the first half of 2025 reached VND 130,366 billion, double the revenue in the first half of 2024, consolidated profit after tax reached VND 4,509 billion.
As of June 30, 2025, Vingroup's total assets reached VND 964,439 billion, an increase of 15% compared to December 31, 2024. This result recorded positive changes from the fields of residential real estate, industry, tourism - resort and entertainment.
With the technology - industry pillar, VinFast continues to make a strong breakthrough, with the delivery of 72,167 electric cars to the global market, 3.2 times higher than the same period in 2024.
In the domestic market, VinFast maintained its leading position in the automobile market with 67,569 vehicles delivered in the first 6 months of the year. Notably, the three models VF 3, VF 5 and VF 6 continued to top the list of best-selling models in Vietnam. In the electric motorbike segment, VinFast set a new record with 114,484 vehicles delivered, up 5.5 times over the same period, reflecting the strong shift of domestic consumers to green vehicles.
In the first 6 months of the year, Vingroup achieved revenue of 130,000 billion VND.
In the international market, VinFast is accelerating the expansion of its ecosystem in Asia with many new dealer and service center cooperation agreements in India, Indonesia and the Philippines - markets with potential for electric vehicle growth. Two automobile factories in India and Indonesia will also be put into operation soon to serve these two key markets. With 394 showrooms worldwide, VinFast affirms its pioneering role in strongly promoting the trend of electrification of vehicles in the region.
In the trade and service sector, in the first half of 2025, Vingroup recorded total revenue from real estate sales of VND70.5 trillion, nearly triple that of the same period last year. Of which, Vinhomes continued to lead the recovery of the real estate market, with sales reaching VND67.5 trillion and unrecorded sales reaching VND138.2 trillion at the end of the second quarter of 2025.
In the resort tourism sector, with the strong recovery momentum of the industry, Vinpearl recorded positive business results. Vinpearl's total operating revenue reached VND 7.9 trillion, of which net revenue from hotel services across the entire system (including facilities directly owned by Vinpearl and facilities managed by Vinpearl) reached about VND 5.1 trillion, up 26% over the same period last year and revenue from VinWonders (including facilities managed by VinWonders) reached VND 2.4 trillion, up 32% over the same period last year.
In the second quarter of 2025, Vinpearl will list its shares on the Ho Chi Minh City Stock Exchange with the code VPL, opening a new growth phase for the Vinpearl brand and the group's tourism and resort ecosystem.
In the last 6 months of 2025, in the context of macro-management policies to promote the role of the private economy, Vingroup identifies this as a strategic time for breakthrough. Vingroup will continue to promote production and business, pioneering in key industries.
Chau Anh
Source: https://vtcnews.vn/6-thang-dau-nam-vingroup-dat-doanh-thu-hon-130-000-ty-dong-ar957162.html
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