Group contributes over VND 56.2 trillion in 2024, accounting for nearly 40% of Top 10 private enterprises’ payments
HANOI, August 22, 2025: Vingroup (Ticker: VIC) has been ranked as Vietnam’s largest private contributor to the state budget, according to the PRIVATE 100 ranking published by CafeF. The conglomerate paid more than VND 56.2 trillion in 2024, representing an 82% increase over 2023. This figure accounts for 23% of the Top 100 enterprises’ contributions and nearly 40% of the Top 10.
This marks the second consecutive year Vingroup has led the PRIVATE 100 list, underscoring its credibility, social responsibility, and the sustainable growth of its diverse business ecosystem.
Strong Business Performance Across Core Sectors
As of June 30, 2025, Vingroup reported total assets of VND 964,439 billion, with consolidated net revenue of VND 130,366 billion and post-tax profit of VND 4,509 billion in the first half of the year.
Technology & Industry: VinFast delivered 72,167 electric vehicles globally in H1 2025 — a 3.2x increase year-on-year — and maintained market leadership in Vietnam with 67,569 cars and a record 114,484 electric two-wheelers sold.
Real Estate & Services: Vinhomes recorded contracted sales of VND 67,504 billion and unbilled bookings worth VND 138,208 billion, while also ranking as Vietnam’s top real estate taxpayer in 2024. Subsidiaries Vincom Retail and Vinpearl contributed revenues of VND 4,274 billion and VND 5,912 billion respectively.
In August 2025, Vingroup expanded into two new pillars — Infrastructure (rail, ports, bridges, logistics) and Green Energy (solar, wind, energy storage). These sectors are expected to unlock breakthrough growth and further strengthen private sector contributions to national development.
Commitment to Social Responsibility
Vingroup’s social impact remains equally significant. Its Kind Heart Foundation was recently awarded the First-Class Labor Order for 19 years of charitable contributions, disbursing VND 30 trillion to support disadvantaged communities.
On August 19, 2025, Vingroup also received the First-Class Labor Order for completing the National Exhibition Fair Center 15 months ahead of schedule, dedicated to Vietnam’s 80th National Day.
Through these achievements, Vingroup continues to reinforce its role as Vietnam’s leading private enterprise, combining business growth with a deep commitment to social responsibility and sustainable development.
About Vingroup
Founded in 1993, Vingroup is Vietnam’s largest private conglomerate, with a diversified portfolio spanning Technology & Industry, Real Estate & Services, Infrastructure, Green Energy, and Social Enterprises. With a mission to contribute to national development and improve community well-being, Vingroup is consistently recognized for its innovation, sustainability, and social impact.
