Vingroup shares skyrocketed right after the shareholders' meeting.

VN-Index increased sharply, "Vin" stocks broke out after Vingroup Chairman Pham Nhat Vuong compared VIC to... gold.

At the end of the trading session on April 24, the Vietnamese stock market recorded widespread green. The VN-Index increased sharply by 12 points, reaching 1,223 points, with 289 stocks increasing in price, overwhelming the 207 stocks decreasing.

The VN30 group of large-cap stocks also had a positive trading session, increasing by 8 points to 1,311 points. In this basket, 18 stocks increased in price, while only 8 stocks decreased. In contrast, the HNX-Index decreased slightly by 0.38 points to 211 points, with 84 stocks increasing and 64 stocks decreasing.

The focus of today's session is on the codes of the "Vin family", especially VIC (Vingroup) and VHM (Vinhomes) which play a leading role in the market.

VIC hit the ceiling, VHM also accelerated

VIC shares made a strong impression when they hit the ceiling price of VND62,700/share, contributing nearly 4 points to the VN-Index. The remaining buy orders at the ceiling price at the end of the session were still more than 1.1 million units. Meanwhile, VHM increased by 4.62% to VND61,200/share, contributing 2.7 points to the main index.

Cổ phiếu Vingroup tăng — Vingroup Chairman and the group's leadership at the shareholders' meeting on the morning of April 24

VIC's rally was supported by notable statements from Vingroup Chairman Pham Nhat Vuong at Vingroup's 2025 Annual General Meeting of Shareholders the same morning.

Specifically, at the meeting, when asked by shareholders whether accumulating assets in VIC shares was a reasonable choice, Vingroup's Chairman likened: "Investing in stocks is like going on a boat, there will be waves and wind. But if you rush into the sea, you will regret it. Choose VIC or choose gold? Choosing VIC is the right choice."

In addition, he also shared about VinFast 's development strategy, emphasizing that the company has two goals: "achieving sales" and "planting the flag". He said that VinFast has completed the goal of "planting the flag" on the global electric vehicle map when it has set foot in the US and many other countries.

“Our job is to let the world know that Vietnamese electric vehicles have met international standards. We have already planted the flag, but it is not the time to push sales in these markets,” he added.

At the meeting, Vingroup shareholders approved the 2025 business plan with the goal of achieving VND300,000 billion in revenue and VND10,000 billion in profit after tax, focusing on sustainable development through the "green transformation" campaign, maintaining the leading position in the market in the fields of operation, focusing on developing product quality, services, and customer experience.

Source: https://nld.com.vn/co-phieu-vingroup-tang-bung-noc-ngay-sau-dai-hoi-co-dong-196250424162321923.htm