The stock market increased strongly with great contribution from Vingroup shares - Photo: QUANG DINH
The trading session on August 4 ended with brilliant green covering the Vietnamese stock market. The VN-Index increased sharply by nearly 33 points, the highest in nearly 4 months.
This development is contrary to the forecast of many securities companies. The majority believe that VN-Index may enter a period of adjustment and accumulation after a period of "hot" growth.
However, with the "return" of Vingroup stocks, the market seems to have received a big "boost". Of which, VIC contributed more than 6 points today when it hit the ceiling price of VND111,200. This increase occurred after 4 consecutive adjustment sessions.
Not only impressive in price, the market also witnessed two "huge" negotiated transactions worth nearly 10,000 billion VND.
The above figure is also equivalent to more than 20% of the total liquidity of the entire market today. The entire HoSE floor recorded more than 11,700 billion VND in negotiated transactions, of which the majority of the contribution came from VIC.
This is likely a divestment under SK Group's global portfolio restructuring strategy. Previously, according to SK's 2024 report, the group held a 6.1% stake in Vingroup.
Then, through member fund SK Investment Vina II, this foreign investor registered to sell more than 50.8 million VIC shares, thereby reducing its ownership ratio to 4.72%.
At that time, Vingroup's board of directors said that SK's divestment was part of the group's strategy to restructure its global investment portfolio. They still affirmed their belief in the development potential of the Vietnamese market and Vingroup.
According to the consolidated financial report for the second quarter of 2025, Vingroup Corporation (VIC) recorded total assets of VND 964,438 billion, an increase of 15% after the first 6 months of 2025.
Most of this increase was due to Vingroup's highest cash balance in its history. Cash and cash equivalents (including term deposits under 3 months) reached VND74,760 billion.
Not to mention, the group chaired by Mr. Pham Nhat Vuong also has 7,590 billion VND in term deposits from over 3 months to under 1 year with interest rates from 2.5 - 6.4%.
However, on the other side of the balance sheet, Vingroup's liabilities also increased from VND 682,769 billion at the beginning of the year to VND 805,820 billion after 6 months.
Regarding business performance, Vingroup Corporation recorded revenue of VND46,325 billion in the second quarter, up 9% over the same period.
The manufacturing sector became the largest source of revenue in the period, contributing VND 17,249 billion - surpassing the real estate sector (VND 15,208 billion), which is considered the traditional pillar of the group. Thanks to that, the second quarter's after-tax profit reached VND 2,266 billion, 3 times higher than the same period in 2024.
In addition, the report also shows that Chairman Pham Nhat Vuong has funded VinFast with 23,000 billion VND in the first 6 months of this year.
Stock price hits ceiling, Vingroup chairman gets tens of thousands of billions richer
Along with the strong increase in stocks, billionaire Pham Nhat Vuong's net worth also recorded a significant increase. According to real-time updates from Forbes magazine, his assets increased by 579 million USD (equivalent to about 15,200 billion VND), bringing his total value to 11.7 billion USD.
Source: https://tuoitre.vn/sang-tay-co-phieu-vingroup-xuat-hien-lenh-thoa-thuan-khung-gan-10-000-ti-dong-20250804164418665.htm
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