•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Morning of April 20, two days ahead of the ordinary general meeting of shareholders, Vingroup – JSC (HOSE: VIC) announced a substantial upward revision of its 2026 business targets, which it plans to present to shareholders at the meeting on April 22.
Under the update, Vingroup raised its 2026 consolidated revenue to 485,000 billion dong, up 45.7% from 2025. Net profit after tax is expected to reach 35,000 billion dong, roughly three times the previous year’s figure.
Compared with the initial plan announced on April 1, the company increased targets by 35,000 billion dong in revenue and 10,000 billion dong in profit.
Vingroup said the revisions were based on actual business results and the group’s and subsidiaries’ growth outlook in the near term.
In 2025, the group recorded revenue of 332,808 billion dong, up 76% year on year and the highest since its establishment. Net profit after tax reached 11,146 billion dong, up 111% and surpassing the AGM-approved target.
Vingroup said it will continue to focus on three pillars: infrastructure, green energy, and culture. The company also plans to mobilize capital through a wide range of financial instruments domestically and abroad to support its expansion strategy.
Vingroup’s update assigns higher growth targets to group companies across key segments:
Vingroup also reported that subsidiaries adjusted their 2026 business targets:
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…
