The stock market has just recovered after 2 consecutive days of decline. The focus of attention is on VIC shares of Vingroup Corporation, which contributed the most positive impact to the index.
This code increased by 3.36%, contributing 3.59 points to the overall increase of the market. Trading volume for the whole session reached more than 2.6 million shares, equivalent to more than 340 billion VND.
Besides VIC, other stocks in the Vingroup group, VHM (Vinhomes), also increased by 1.4%. Meanwhile, VRE (Vincom Retail) and VPL (Vinpearl) returned to the reference price range.
Billionaire Pham Nhat Vuong's assets increased sharply (Photo: VIC).
Vingroup's "family" of stocks increased sharply, bringing the assets of billionaire Pham Nhat Vuong - Chairman of the group - to a sharp increase. In just one day, according to Forbes statistics, Mr. Vuong's assets increased by 335 million USD, equivalent to about 8,800 billion VND. To date, the billionaire's total assets have reached 13.1 billion USD, 3 times higher than last year.
Vingroup's stock and billionaire Vuong's assets increased sharply in the context that this corporation has just announced to initiate civil lawsuits against 68 domestic and foreign organizations and individuals who posted false information about the corporation on the Internet.
68 organizations and individuals were sued and reported to be account holders of information pages and personal pages that distorted and provided false information about Vingroup; fabricated stories about Mr. Pham Nhat Vuong and several other senior leaders of the group on social networking platforms such as TikTok, Facebook, YouTube...
Social media accounts reported that the group was about to go bankrupt due to a debt of VND800,000 billion. These units also defamed the quality and distorted the origin of Vingroup's products, such as social media accounts accusing cars and electric motorbikes produced by VinFast Company of being Chinese goods "disguised" as Vietnamese goods.
Or these subjects also fabricated information about the group's leaders, especially Chairman Pham Nhat Vuong, as well as false information about Vingroup's employees submitting mass resignations.
At the same time, the subjects distorted legal issues regarding Vingroup's products; fabricated political issues and State policies to lead public opinion, implying that they were related to the group.
Vingroup said that according to the consolidated financial report publicly posted on its website, the group's total debt is about 283,000 billion VND. The debt-to-equity ratio is about 1.8 times - a normal index for businesses according to international and Vietnamese practices.
The remaining “payables” are mostly prepaid revenue from customers or partners and other payables and receivables arising from normal business operations like any other business and completely consistent with the scale of the corporation.
Regarding the information about VinFast, the group stated that this car company has mastered the production chain from research, design to product manufacturing. Most of the stages are carried out in Vietnam with the localization rate reaching 60% at present, moving towards increasing to 80% in the future.
Currently, Vingroup said it has collected full information and made records of the violations committed by the 68 above-mentioned subjects as authentic evidence, and has initiated civil lawsuits or reported to competent authorities.
Source: https://dantri.com.vn/kinh-doanh/sau-tin-vingroup-khoi-kien-68-tai-khoan-ong-vuong-co-them-8800-ty-dong-20250910075110592.htm
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