Billionaire Pham Nhat Vuong's Vinpearl shares continue to hit the ceiling

This morning (May 14), VPL shares of Vinpearl Joint Stock Company - one of the enterprises belonging to Vingroup Corporation of billionaire Pham Nhat Vuong continued to increase to the maximum limit of 91,400 VND. Vinpearl's market capitalization exceeded 163 billion USD, entering the top 10 largest listed enterprises on the stock exchange.

This is the second consecutive ceiling price increase of Vinpearl when it officially listed on the HOSE. The increase of this stock also contributed to the assets of billionaire Pham Nhat Vuong reaching more than 9.3 billion USD, an increase of 122 million USD in just one day - according to Forbes (USA). Mr. Pham Nhat Vuong is currently ranked 319th in the list of world USD billionaires published by Forbes.

Billionaire Pham Nhat Vuong's Vinpearl shares continue to increase dramatically on the morning of May 14.

PHOTO: VIC

Vinpearl is the largest resort and entertainment tourism brand in Vietnam, operating 48 facilities in 18 provinces and cities nationwide. In 2024, Vinpearl was honored by Brand Finance - the world's leading brand valuation organization - as the strongest brand in Vietnam, and entered the Top 3 strongest brands in Southeast Asia with an impressive brand value growth of 34%. Notably, Vinpearl is also the only brand in the tourism sector to be included in the Top 50 most valuable brands in Vietnam.

In the context of the Vietnamese tourism market clearly improving in 2023 and 2024 with strong growth in the number of domestic and international visitors, Vinpearl has achieved outstanding business results, growing more impressively than the average of the whole industry, thereby continuing to consolidate its leading position and contributing significantly to the overall recovery of the Vietnamese tourism market.

At the 2025 Annual General Meeting of Shareholders, Vinpearl's business plan was approved with an estimated net revenue target of about VND 14,000 billion and an expected after-tax profit of about VND 1,700 billion for the whole year of 2025.

According to VNIRECT Securities Company, with cooperation with international brands and the advantage of prime locations of hotels and resorts in leading tourist destinations in Vietnam (Quang Ninh, Nha Trang, Phu Quoc, Da Nang), the growth of international tourists and domestic tourists of the middle class and above will boost Vinpearl's business results in the period 2025 - 2026.

Source: https://thanhnien.vn/co-phieu-vinpearl-cua-ti-phu-pham-nhat-vuong-tiep-tuc-tang-kich-tran-185250514111839984.htm