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Vingroup’s stock rally on April 22 lifted billionaire Pham Nhat Vuong’s wealth by more than 60,000 billion dong to over 930,000 billion dong. At the close, Vingroup (VIC) reached its ceiling price of 207,200 dong per share, with over 4.7 million shares traded.
Shares across the Vingroup ecosystem also rose on the day. VHM increased 3.1% to 150,300 dong per share, VRE gained 2.2% to 29,950 dong, and VPL edged up 0.2% to 83,900 dong.
VIC’s strong performance came on the same day Vingroup held its 2026 annual general meeting (AGM).
With today’s gain, Vuong’s wealth rose by more than $2.7 billion to reach $34 billion, according to Forbes’ real-time wealth rankings. He was ranked the 67th richest person globally and recorded the 4th-largest increase worldwide.
Pham Thu Huong’s wealth increased by more than $284 million to $3.6 billion, while Pham Thuy Hang’s wealth rose by more than $202 million to $2.6 billion.
At the AGM, Vingroup shareholders approved the 2026 revenue target of 485,000 billion dong, up 46% from 2025. After-tax profit is expected to reach 35,000 billion dong, triple the year-ago period.
Vingroup said it will continue to advance business activities across three pillars: Technology-Industrial, Commercial-Services, and Social Welfare. The company also plans to expand into three new fields: Infrastructure, Green Energy, and Culture.
To support expansion, the board said it will mobilize capital through various domestic and international financing tools.
The group outlined growth priorities for its ecosystem units:
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