Vinpearl and Vinhomes, Vingroup affiliates, launch major financing moves
Vinpearl (VPL) announced a private placement of up to 100 million preferred dividend‑paying shares with conversion rights, priced at VND 80,000 each. The offering could raise as much as VND 8 trillion, roughly 12 % below the current market price. Proceeds are earmarked for projects such as the VinWonders Vũ Yên amusement park, the Sheraton Vinh hotel, hotel ventures in Tuyên Quang, and additional entertainment developments. The company earlier issued a VND 4.9 trillion bond to fund a large tourism‑resort complex.
Vinhomes (VHM) disclosed a record cash dividend of VND 6,000 per share, amounting to nearly VND 25 trillion, the largest payout in Vietnamese market history. The payment will be made to shareholders in Q3, with Vingroup, the parent holding 72 % of VHM, set to receive about VND 18 trillion. Concurrently, Vinhomes will issue an additional 4.1 billion new shares as a 100 % stock dividend, boosting its charter capital above VND 80 trillion. The company cited a strategic shift to stop expanding its land bank and focus on adding value to existing projects. In Q1 2026, Vinhomes reported revenue of VND 65 trillion (up 315 %) and net profit of VND 25.6 trillion (up 866 %).