What changed
2026-09-08 13:59 UTC → 2026-09-11 16:06 UTC ·
added
removed
Following its rebranding and the restructuring of VinFast, Vingroup has reported record-breaking fiscal contributions. The group contributed 148,773 billion VND to the state budget in 2025, a 165% increase over the 56,200 billion VND recorded in 2024. This marks the first time a single private enterprise has contributed over 100,000 billion VND annually to the national budget. According solidified its position as Vietnam’s largest taxpayer according to the 2025 VNTAX 200 rankings, Vingroup has emerged as Vietnam’s largest taxpayer, contributing nearly rankings. The conglomerate contributed approximately 148,800 billion VND, which represents approximately VND to the state budget, representing roughly 5.6% of total national budget revenue. This contribution is 2.65 times higher than the previous year and exceeds the second-ranked entity, Petrovietnam, by approximately 57,800 billion VND. This achievement marks the first instance where a private conglomerate enterprise has surpassed major state-owned corporations corporations, such as Petrovietnam, to hold the top taxpayer position. During the first half of 2026, the company saw a 72.5% increase in consolidated revenue, reaching 222,300 billion VND, while profit after tax increased 4.5 times compared to the same period last year. As of September 2026, Vingroup’s market capitalization reached To navigate rapid technological changes and shrinking corporate lifespans, Vingroup has adopted a historic milestone, exceeding 2 quadrillion VND. This valuation accounts for approximately 22% strategy of the total HoSE market value, a figure equivalent to continuous reinvention. Now in its 33rd year, the combined market capitalization of ten major Vietnamese banks. When including subsidiaries such as Vinhomes (VHM), Vinpearl (VPL), company has transitioned its core focus from food production and Vincom Retail (VRE), tourism toward real estate, hospitality, healthcare, electric vehicles, green energy, and infrastructure. This diversification has improved the group’s regional standing. In June 2026, Fortune ranked Vingroup ecosystem represents nearly one-third of as the HoSE total capitalization. Within 26th largest company among Southeast Asia’s 500 largest companies, an upward trend from its subsidiaries, Can Gio Tourism Urban JSC, the developer of the $10 billion Vinhomes Green Paradise sea reclamation project, reported pre-tax profits rising 5.4 times year-on-year to over 35.3 trillion VND. Amidst these developments, Chairman Pham Nhat Vuong has continued to receive zero remuneration, having contributed approximately 43,000 billion VND to VinFast since 37th position in 2025 and 45th in 2024.