Vingroup has just surpassed Vietcombank to become the enterprise with the largest capitalization on the stock exchange.

Vingroup has just surpassed Vietcombank to become the enterprise with the largest capitalization on the stock exchange - Photo 1.

Mr. Pham Nhat Vuong has a net worth of over 14.2 billion USD, becoming the 188th richest person on the global rankings - Photo: VIC

At the end of the trading session on September 17, the market price of Vingroup 's VIC code increased by 6%, to 143,100 VND/unit. Accordingly, Vingroup's total capitalization reached more than 555,300 billion VND, an increase of 31,500 billion VND compared to yesterday's session.

At the same time, Vingroup has officially surpassed Vietcombank (VCB) with a capitalization of 541,447 billion VND, to become the enterprise with the largest value in the entire Vietnamese stock market.

Previously, in the period 2018 - 2020, Vingroup continuously held the position of the enterprise with the largest market capitalization, before giving up the number one position to Vietcombank from 2021 to present.

According to HoSE statistics as of the end of August, there were 52 enterprises on this floor with a capitalization of more than 1 billion USD, of which 7 enterprises had a capitalization of over 10 billion USD, the overwhelming number coming from the banking group.

The "champion" in terms of capitalization is Vietcombank (VCB), followed by Vingroup (VIC), Vinhomes (VHM), BIDV (BID), Techcombank (TCB), VPBank (VPB) and Vietinbank (CTG).

Since the beginning of 2025, VIC shares have recorded a spectacular increase of more than 250%. Therefore, the capitalization of the entire group has accelerated strongly.

This price increase also makes VIC the stock with the most impressive performance in the VN30 group, far surpassing other stocks in the same industry and all other bluechips.

At the same time, the net worth of Mr. Pham Nhat Vuong - Chairman of Vingroup - also increased strongly.

As of September 17, Mr. Vuong's total assets, according to Forbes magazine , were at 14.2 billion USD, an increase of more than 400 million USD compared to the previous day. Accordingly, Mr. Vuong became the 188th richest person on the global ranking.

BINH KHANH

Source: https://tuoitre.vn/vingroup-vua-vuot-vietcombank-tro-thanh-doanh-nghiep-von-hoa-lon-nhat-san-chung-khoan-20250917160504518.htm