Vingroup is the largest private enterprise contributing to the budget in the country

Ngọc Quỳnh |

Hanoi, on August 21, 2025, Vingroup Corporation (Stock code: VIC) was honored as the largest private enterprise contributing to the State budget, with a total amount of more than VND 56,200 billion, accounting for nearly 40% of the total budget contribution of the Top 10 leading enterprises on the list.

The ranking of the 100 private enterprises contributing the largest budget in Vietnam - PRIVATE 100 published by cafeF shows that in 2024, Vingroup will contribute more than VND 56,200 billion to the budget, an increase of 82% compared to 2024. Vingroup's budget contribution rate accounts for 23% of the total budget contribution of the Top 100 ranked enterprises and accounts for nearly 40% of the total budget contribution of the Top 10 leading enterprises.

This is the second consecutive year that cafeF has announced the PRIVATE 100 list, compiled according to actual data submitted in the 12-month financial year.

Vingroup's continued leadership in the Top private enterprises contributing the largest budget in the country is a clear demonstration of the reputation, social responsibility as well as the effective and sustainable business model of the entire ecosystem.

Trung tam Hoi cho Trien lam Quoc gia vua khanh thanh ngay 19/8, la minh chung cho uy tin va nang luc trien khai cua Vingroup
The National Exhibition Center was inaugurated on August 19, demonstrating Vingroup's reputation and implementation capability. Photo: National Exhibition Support Center

Along with paying the largest tax, Vingroup is also the largest multi-industry private enterprise in Vietnam, among the top largest enterprises in the country. As of June 30, 2025, Vingroup had total assets of VND 964,439 billion; net revenue and consolidated profit after tax in the first half of 2025 reached VND 130,366 billion and VND 4,509 billion, respectively.

In particular, the two pillar business areas of Technology - Industry and Trade and Services both grew impressively. Standing out in the field of Technology - Industry is VinFast with 72,167 electric cars delivered globally in the first 6 months of 2025, 3.2 times higher than the same period last year. In the Vietnamese market, VinFast has firmly held the No. 1 position in the auto market with 67,569 vehicles delivered; at the same time, setting a new record in the motorbike market with 114,484 electric motorbikes in the hands of customers. The above outstanding results not only affirm the strong momentum, but also strengthen VinFast's pioneering position in green transformation.

VinFast tiep tuc giu vung vi tri so 1 thi truong o to trong nuoc, tien phong trong chuyen doi xanh
VinFast continues to maintain its No. 1 position in the domestic auto market, pioneering in green transformation. Photo: VinFast

In the field of Commerce and Services, Vinhomes continues to maintain its leading position in the real estate sector with 67,504 billion VND in recorded sales and 138,208 billion VND in unrecorded sales (as of June 30, 2025). Vinhomes is also the real estate enterprise that contributes the most to the state budget in 2024, according to the PRIVATE 100 ranking published by cafeF. Other enterprises of the thuong mai Dich vu pillar, Vincom Retail and Vinpearl... also reached VND 4,274 billion and VND 5,912 billion respectively, maintaining the leading position in the retail and tourism real estate market.

In particular, on August 11, 2025, the Group announced the addition of 2 new business pillars: Infrastructure (high-speed railway industry, bridges, ports, logistics...) and Green Energy (soluble energy, wind energy, energy storage battery system) - opening up breakthrough growth potential, promising to contribute positively to the State budget in the future; at the same time, making the private sector a new driving force for development of Vietnam.

In addition to actively contributing to the state budget, Vingroup is also a business with special contributions to society and the community with the pillar of Social Charity. In August 2025, the Group's Charity Fund was honored to be awarded the First Class Labor Medal - a noble award of the State, recognizing its 19-year journey of persistent volunteerism, accompanying millions of difficult lives and promoting sustainable progress for the community, with a total disbursed budget of VND 30,000 billion.

On August 19, 2025, Vingroup was also honored to receive the First Class Labor Medal for successfully completing the National Exhibition Center 15 months ahead of schedule, celebrating the 80th anniversary of the National Day of the Socialist Republic of Vietnam and making a special contribution to the socio-economic development of the Capital and the country.

Vingroup's continuous being rewarded at the State level as well as topping prestigious rankings in business is a testament to the Group's growth potential and social responsibility, affirming the Group's effective and sustainable development orientation./.

Ngọc Quỳnh
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