HANOI, October 30 (Market Insider) — Vietnam’s largest private conglomerate, Vingroup, has reported a remarkable performance in the first nine months of 2025, with total consolidated revenue reaching $6.9 billion, up 34% year-on-year, and total assets exceeding $42 billion — an all-time high for a Vietnamese enterprise.
According to the group’s financial report released on October 30, 2025, net profit after tax surged to $307 million, nearly double the same period last year and already fulfilling 76% of its full-year profit target. The results underscore the rapid recovery and expansion across all of Vingroup’s key business pillars: technology–industry, real estate, tourism, green energy, and education.
VinFast Powers Ahead with Global Expansion
The group’s automotive arm, VinFast, continued to be a major growth engine, delivering 110,362 electric vehicles globally in the first nine months of 2025 — a 149% increase year-on-year. In Vietnam alone, sales hit 103,884 vehicles, the highest ever recorded by any car brand in the country. Popular models such as the VF 3, VF 5, and VF 6 led domestic sales, while VinFast also accelerated exports to North America and Europe.
VinFast’s electric scooter division is transforming Vietnam’s mobility landscape, with deliveries skyrocketing nearly sixfold to 234,536 units. The company also launched three new dual-battery e-scooter models, designed to extend range and flexibility. Together with energy subsidiary V-Green, VinFast expanded its nationwide battery-swapping network in partnership with major retailers including FPT Shop and Mobile World Group, advancing Vietnam’s green transportation ecosystem.
In October, Vingroup further deepened its industrial presence by launching VinMetal, marking its official entry into the metallurgical industry, a strategic move to strengthen the group’s technology–industry pillar.
Vinhomes Delivers Record Property Sales
Vingroup’s property arm Vinhomes recorded stellar results, achieving $6.6 billion in total sales across its mega-urban projects — up 96% year-on-year. Unrecognized revenue reached a record $9.1 billion, laying a solid foundation for future earnings.
In a move to diversify its real estate portfolio, Vingroup introduced Vin New Horizon, a new model of senior-living urban communities offering healthcare, recreation, and services for retirees. The first such project will debut in Vinhomes Green Paradise Can Gio in Ho Chi Minh City — envisioned as one of the world’s leading “ESG++ Cities.”
Vinpearl and VinWonders Rebound with Tourism Revival
The tourism and hospitality arm Vinpearl benefited from Vietnam’s tourism recovery, posting $516 million in total operating revenue for the nine months through September. Hotel operations contributed $330 million, up 27%, while entertainment brand VinWonders brought in $155 million, a 29% increase year-on-year.
In October, the group unveiled Vinpearl Golf Léman, a 36-hole championship golf course spanning over 500 acres in Cu Chi, Ho Chi Minh City — hailed as one of Asia’s most strategic and visually striking courses.
Expanding into Green Energy and Education
Vingroup has also been ramping up investments in renewable energy and infrastructure, breaking ground on two flagship projects — Tan Trao Industrial Park (Phase 1) and the Hai Phong LNG Power Plant, Vietnam’s largest liquefied natural gas project to date. The group, through its energy arm VinEnergo, also inked new cooperation deals with Gia Lai Province, PT Sulsel Andalan Energi (Indonesia), and FIMO to advance cross-border clean energy initiatives.
In education, Vinschool opened two new campuses for the 2025–26 academic year, while VinUniversity achieved a double victory at the ESG Business Awards 2025, becoming the only university in Asia recognized for projects positively impacting over 1.2 million residents.
Brand Power and National Recognition
Six Vingroup brands — Vinhomes, Vinpearl, VinFast, Vinschool, Vinmec, and Vincom Retail — were named among Vietnam’s 100 Most Valuable Brands by Brand Finance. Vinhomes retained its title as the country’s most valuable real estate brand, while Vinpearl was recognized as Vietnam’s strongest brand for the second consecutive year.
Vingroup and its philanthropic arm, Thien Tam Foundation, were both awarded the First-Class Labor Order by the Vietnamese government for their significant and sustained contributions to national socio-economic development.
As Vietnam targets double-digit GDP growth by 2026, driven by private sector momentum, Vingroup is positioning itself as the flag-bearer of Vietnamese innovation and global ambition, expanding its influence from electric vehicles and real estate to green energy and education — defining what many call the “New Vietnam Inc.”
