Get the latest crypto news, updates, and reports by subscribing to our free newsletter.
Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
© 2026 Index.vn
Vingroup-related stocks continued to climb sharply in the April 16 session, lifting the wealth of chairman Pham Nhat Vuong toward $31 billion. By the close, VIC shares reached the daily limit up at 189,300 dong per share, with limit orders exceeding 2 million shares.
The move marked the highest price level for VIC so far this year. The stock has risen nearly 50% in just half a month, officially setting a new high; the previous peak was 179,000 dong per share recorded on January 7.
VHM of Vinhomes also surged, closing higher at 143,100 dong per share and approaching its early-2026 peak.
The rally in VIC and VHM helped Vuong’s net worth reach a new record. Forbes’ real-time update as of the afternoon of April 16 put the Vingroup chairman’s net worth at $30.9 billion.
At that level, Vuong ranks 76th on the world’s richest list and remains the richest person in Southeast Asia.
The surge in VIC and VHM came shortly after news that Vingroup and local authorities began construction of the Hanoi–Quang Ninh high-speed railway.
The project is led by VinSpeed Investment and Development of High-Speed Rail Joint Stock Company, a unit of Vingroup. Total investment is reported at over 147,000 billion dong (equivalent to over $5.6 billion), excluding land clearance costs.
Under the plan, the project is expected to be completed and put into commercial operation in 2028. It is designed to cut travel time between Hanoi and Quang Ninh from more than 2 hours to about 23 minutes.
Another development cited in the same period is VinSpace’s plan to manufacture and launch the first micro-satellite into orbit in 2027, alongside expanding cooperation on satellite technology research and applications with partners in Vietnam and abroad.
VinSpace was established by Pham Nhat Vuong on November 3, 2025, with charter capital of 300 billion dong. The company operates across six sectors, including aircraft and spacecraft manufacturing, satellite telecommunications, and air freight transportation.

Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…