Vingroup's capitalization exceeds VND900 trillion, billionaire Pham Nhat Vuong's assets skyrocket

Lục Giang |

VIC's strong increase helped Vingroup's capitalization exceed VND900,000 billion, bringing billionaire Pham Nhat Vuong's assets to 21.9 billion USD and ranking 103rd richest people in the world.

The stock market in the session of November 24 recorded the dominating red color with 186 stocks on HoSE, while only 123 stocks kept the green color. However, the VN-Index still closed up more than 13 points, to 1,667.98 points, thanks to strong attraction from large-cap stocks - especially the Vingroup group.

During the session, Vincom Retail's VRE broke out strongly and increased the ceiling by 6.99% to VND 34,450/share. Vingroup's VIC and Vinhomes' VHM also increased by 4.27% and 3.42%, respectively, contributing a total of about 12 points to the general index.

Notably, VIC increased to VND239,500/share, up 4.3% with liquidity of 3.2 million units, thereby pushing Vingroup's capitalization to exceed VND900,000 billion for the first time, reaching VND922,797 billion. This is a record level of capitalization, continuing to consolidate the position of the largest enterprise in the Vietnamese stock market.

Previously, in the session of November 21, VIC completed a series of 5 consecutive increases, recording an increase of nearly 9% for the week and closing at 229,700 VND/share. In this price range, Vingroup's capitalization has exceeded VND885,000 billion, net increasing VND72,000 billion after only one trading week.

The positive developments of stocks help billionaire Pham Nhat Vuong's assets continue to increase. According to Forbes data updated at 4:20 p.m. on November 24, 2025 (Vietnam time), Mr. Vuong owns 21.9 billion USD, an increase of 784 million USD compared to the previous day. With this asset level, Mr. Pham Nhat Vuong is currently at number 103 in the richest person in the world.

Lục Giang
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