In a significant financial report, Vingroup (HoSE: VIC) announced a staggering after-tax profit of 20.375 trillion VND for the first half of 2026, representing a remarkable increase of 4.5 times compared to the same period last year. The company's consolidated revenue reached 222.3 trillion VND, reflecting a 73% growth year-on-year.

This outstanding performance has allowed Vingroup to achieve approximately 46% of its annual revenue target of 485 trillion VND and 58% of its profit target of 35 trillion VND by mid-year.

Key Business Segments

In the technology and industrial sector, VinFast continues to dominate the electric vehicle market in Vietnam, delivering 115,916 vehicles in the first half of 2026, marking a 72% increase from the previous year. Notably, six of the ten best-selling models in the market during this period were from VinFast, including Limo Green, VF 3, VF 5, VF 6, and VF MPV 7. Globally, VinFast delivered 128,662 electric cars, a 78% increase year-on-year.

In the real estate sector, Vinhomes reported a remarkable revenue of 134.2 trillion VND in the first half of the year, tripling the revenue from the same period last year. This success is attributed to large-scale transactions at projects such as Vinhomes Green Paradise and Vinhomes Global Gate Hạ Long.

Additionally, Vingroup's tourism sector saw a surge in international visitors to Vietnam, reaching 12.3 million in the first half of 2026, a 15% increase compared to the previous year. This influx of tourists has led to a 64% occupancy rate in Vinpearl hotels and resorts, an increase of nearly 11 percentage points from the same period last year.

Future Prospects

Looking ahead, Vingroup aims to continue its expansion and innovation across various sectors. The company has recently completed the transfer of its manufacturing operations in Vietnam to a partner, streamlining its operational structure and focusing on research and development, brand building, and business expansion both domestically and internationally.

With ambitious plans and a strong performance in the first half of 2026, Vingroup is poised for continued growth and success in the coming years.