Vingroup shares hit the ceiling, bringing billionaire Pham Nhat Vuong's assets to a record high

At the end of the trading session on July 10, Vingroup's VIC stock hit the ceiling.

At the end of the session, VIC shares of Vingroup Corporation increased to the ceiling price of 101,600 VND/share. A total of more than 7 million VIC shares were traded during the session and at the end of the session, there were still over 1 million units remaining to buy at the ceiling price.

Since the beginning of the year, VIC has increased by about 140%, being among the stocks with the strongest growth on the stock exchange. This is also the main reason that billionaire Pham Nhat Vuong's assets reached a record, up to 10.9 billion USD according to Forbes statistics. He is currently the 254th richest person on the list of world billionaires compiled by this magazine.

Perspective of Can Gio urban area by Vingroup

PHOTO: VIG

In addition, other stocks in the same Vingroup ecosystem also had good growth momentum in this session, such as VHM up 5.13%, VRE up nearly the ceiling with 6.16%, and VPL down slightly by 0.43%. VIC stocks continuously increased when Vingroup had many activities. Among them, the Can Gio coastal urban tourism project was invested and started construction at the end of April with a total area of ​​2,870 hectares. This is a project with the leading scale in Vietnam and globally, such as the largest theater complex in Southeast Asia, the largest artificial lake in the world, 2 international-class golf courses; a 108-storey multi-purpose tower, a chain of modern hotels and shopping centers, a large modular entertainment complex...

In addition to the Vin group of stocks, blue-chips also increased strongly such as FPT, MSN, VJC, PLX, SSI... which pushed the VN-Index to continue to rise. At the end of the session, the VN-Index increased by 14.32 points, equivalent to an increase of 1% to 1,445.64 points and was the highest level in more than 3 years. In contrast, the HNX-Index decreased by 0.08% to 238.44 points. Liquidity of the whole market remained at a high level with more than 30,431 billion VND.

Investors' optimism continues to increase after a series of consecutive days of stock market growth. The Market Analysis and Strategy Department of ACB Securities Company has adjusted its forecast for 2025 post-tax profit growth of listed companies in the analysis portfolio to reach 11.6% compared to the same period last year. This corresponds to the VN-Index fluctuating between 1,350 - 1,500 points and liquidity increasing by 20% compared to 2024. Improved liquidity, especially from foreign capital flows, are factors supporting the market's growth momentum.

Source: https://thanhnien.vn/co-phieu-vingroup-tang-kich-tran-dua-tai-san-ti-phu-pham-nhat-vuong-len-ky-luc-18525071015340381.htm