After the news that Vingroup sued 68 accounts, Mr. Vuong has an additional 8,800 billion VND.

The stock market has just recovered after 2 consecutive days of decline. The focus of attention is on VIC shares of Vingroup Corporation, which contributed the most positive impact to the index.

This stock rose 3.36%, contributing 3.59 points to the overall market increase. The trading volume for the entire session reached over 2.6 million shares, equivalent to more than 340 billion VND.

Besides VIC, other Vingroup stocks like VHM (Vinhomes) also increased by 1.4%. Meanwhile, VRE (Vincom Retail) and VPL (Vinpearl) returned to their reference prices.

Following news that Vingroup is suing 68 accounts, Mr. Vuong has gained an additional 8,800 billion VND - 1

Billionaire Pham Nhat Vuong's assets have increased significantly (Photo: VIC).

The Vingroup group of stocks surged, dramatically increasing the wealth of billionaire Pham Nhat Vuong, the group's chairman. According to Forbes, in just one day, Mr. Vuong's assets increased by $335 million, equivalent to approximately 8,800 billion VND. To date, the billionaire's total assets have reached $13.1 billion, three times more than the previous year.

Shares of Vingroup and billionaire Vuong's assets surged amid the group's announcement of civil lawsuits against 68 organizations and individuals, both domestic and international, for spreading false information about the group on the internet.

68 organizations and individuals were sued and reported to be account holders of information pages and personal pages that distorted and provided false information about Vingroup; fabricated stories about Mr. Pham Nhat Vuong and several other senior leaders of the group on social networking platforms such as TikTok, Facebook, YouTube...

Social media accounts spread information claiming the corporation was on the verge of bankruptcy due to a debt of 800 trillion VND. These entities also smeared the quality and distorted the origin of Vingroup's products, such as falsely accusing cars and electric motorcycles manufactured by VinFast of being Chinese goods disguised as Vietnamese products.

Or these subjects also fabricated information about the group's leaders, especially Chairman Pham Nhat Vuong, as well as false information about Vingroup's employees submitting mass resignations.

At the same time, these individuals distorted the legal aspects of Vingroup's products; fabricated political issues and state policies to manipulate public opinion, implying a connection to the corporation.

Vingroup said that according to the consolidated financial report publicly posted on its website, the group's total debt is about 283,000 billion VND. The debt-to-equity ratio is about 1.8 times - a normal index for businesses according to international and Vietnamese practices.

The remaining “payables” are mostly prepaid revenue from customers or partners and other payables and receivables arising from normal business operations like any other business and completely consistent with the scale of the corporation.

Regarding the information about VinFast, the group stated that this car company has mastered the production chain from research, design to product manufacturing. Most of the stages are carried out in Vietnam with the localization rate reaching 60% at present, moving towards increasing to 80% in the future.

Currently, Vingroup states that it has collected sufficient information and documented the infringing actions of the 68 individuals mentioned above as authentic evidence, and is proceeding with civil lawsuits or reporting to the competent authorities.

Source: https://dantri.com.vn/kinh-doanh/sau-tin-vingroup-khoi-kien-68-tai-khoan-ong-vuong-co-them-8800-ty-dong-20250910075110592.htm