Vingroup stock reports a VND 35 trillion profit target for 2026

Published on 10/08/2026 at 09:18 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vingroup stock booked VND 222.9 trillion in first-half revenue, up 72 percent year on year. A two-analyst consensus rates it Sell with a VND 117,000 target.

Vingroup, VN000000VIC9, Illustration mit AI erstellt.

Vingroup (ISIN VN000000VIC9) was last at VND 228,000 on the Ho Chi Minh Stock Exchange on October 8, 2026, down 0.87 percent from VND 230,000. The company kept its VND 35 trillion net profit target for 2026, according to Mekong ASEAN in a report published on October 7, 2026.

Profit target demands a stronger second half

Management said second-half net profit must reach VND 14.1 trillion to meet the annual target, which would represent a 115 percent increase from the same period in 2025. The comparison makes the second half the central execution test for Vingroup stock.

The same investor update put the target net debt to EBITDA ratio at 3 times or lower, compared with 2.1 times at the end of Q2/2026. That financial threshold matters because Vingroup is expanding real estate, electric vehicles, energy and transport projects at the same time.

Revenue growth supports the case

Vingroup reported consolidated first-half 2026 revenue of VND 222.9 trillion, up 72 percent from the first half of 2025, while profit after tax reached VND 20.904 trillion, 4.6 times the year-earlier figure. VinFast published the figures on September 11, 2026, citing Vingroup's consolidated results.

The first-half profit equaled 60 percent of the full-year target. VinFast also delivered 128,662 electric cars and 429,175 electric motorcycles globally during the first six months of 2026, showing how the industrial segment contributes to the broader group story.

Consensus stays firmly cautious

A two-analyst consensus published by Investing.com rates Vingroup Sell and gives an average, high and low 12-month price target of VND 117,000. The target is 48.68 percent below the VND 228,000 share price, leaving valuation expectations sharply below the latest quote.

Investing.com also lists October 26, 2026, as the next earnings date. For investors, the key tension is clear: first-half revenue and profit growth are strong, but the full-year target still requires a much heavier second-half contribution.

Vingroup stock holds above VND 228,000

Vingroup stock was last at VND 228,000 on the Ho Chi Minh Stock Exchange on October 8, 2026, with a 52-week range of VND 88,150 to VND 265,000. The latest price stands 13.96 percent below the 52-week high.