Specifically, in the Top 50 best listed companies in Vietnam ranking published by Forbes Vietnam, Vincom Retail is highly appreciated for its outstanding indicators of revenue, after-tax profit, industry position, governance quality and development prospects. This result shows that Vincom Retail not only maintains a solid operating efficiency but also affirms its leading position in the retail real estate sector.
In recent decades, Vincom Retail has achieved impressive double growth rate with 14%/year in retail floor area and 15%/year in rental revenue. In 2024, the enterprise is the only retail real estate investor to open 5 new commercial centers, bringing the total to 88 centers in 31 provinces and cities with a total retail floor area of 1.84 million m2 - leading the market in both scale and coverage.
In addition to expanding the network, Vincom Retail constantly innovates to meet the increasingly diverse tastes of the younger generation, such as developing creative, entertainment and recreation spaces according to trends, notably Creator House by TikTok, indoor Pickleball court, or the Light Museum... In parallel with improving operational efficiency, Vincom Retail always considers sustainable growth as a guideline for long-term development strategy.
At the Asia Responsible Enterprise Awards 2025 (AREA) organized by Enterprise Asia, Vincom Retail continues to be named in the "Green Leadership" category thanks to the comprehensive sustainable development strategy recognized by the awards council. By the end of 2024, the company has deployed solar power systems in 56 shopping malls, achieving an output of about 15.5 million kWh - equivalent to the capacity of a small-scale power plant, helping to save about 13.6 billion VND in costs and reduce 10,000 tons of CO2 emissions into the environment.
Vincom Retail also gradually builds a sustainable consumer ecosystem based on four pillars: Go green - buy green - Eat green - Play green. The entire system of shopping malls across the country has installed V-Green charging stations, arranged priority parking spots for VinFast electric vehicles and implemented a series of "Green Wednesday" programs with community activities such as recycling workshops, green art exhibitions, incentives for customers using environmentally friendly products...
In 2025, Vincom Retail plans to open 3 new shopping malls including Vincom Mega Mall Ocean City, Vincom Mega Mall Royal Island and Vincom Plaza Vinh. In particular, the two Vincom Mega Mall projects will be developed according to the "One-stop Shoppertainment Destination" model - integrating shopping, food, entertainment, and cultural experiences in a "livid ecosystem". In particular, Vincom Retail will introduce for the first time at the shopping mall system in Vietnam VinPalace theater with a capacity of 1,600 seats and a 4,000 m2 Aquafield spa - sauna complex according to Korean standards.
In addition to including in the "new generation" shopping malls, Vincom Retail continues to enhance the customer experience by expanding cooperation with retail partners, developing attractive entertainment spaces and diversifying activities at destinations.
Sustainable development will still be the core foundation of Vincom Retail's operations, with the orientation of promoting green consumption, spreading green lifestyle, together with businesses to create a green future, contributing to raising the level of Vietnamese brands in the international market.
With a long-term vision, effective operational capacity and a comprehensive sustainable development strategy, Vincom Retail is confident that it will continue to achieve breakthrough successes, affirming its pioneering position in the retail real estate market in Vietnam and the region.
