Vingroup stock secures a 200 trainset rail deal in Hanoi

Published on 10/07/2026 at 09:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vingroup stock gains a rail-industry catalyst as Alstom covers 83 trains and 117 Vietnamese assemblies. First-half revenue rose 72 percent to VND 222.9 trillion.

Vingroup, VN000000VIC9, Illustration mit AI erstellt.

Vingroup stock (ISIN VN000000VIC9) was trading at VND 227,000 on the Ho Chi Minh exchange on October 7, 2026, while a new rail agreement placed infrastructure alongside the group’s established businesses. The market value stood at VND 1,739.7 trillion, and the contract adds a concrete industrial project to Vingroup’s growth story.

Alstom deal adds rail capacity

According to Alstom on October 6, 2026, the agreement covers up to 83 five-car Metropolis trainsets built in France and a technology license supporting the assembly of 117 additional trains in Vietnam.

The project therefore covers 200 trainsets in total, with Vingroup taking responsibility for local assembly of the second tranche. Alstom said the partnership supports urban rail projects in Hanoi and the development of local rail capabilities.

Revenue growth raises the bar

The rail announcement arrives after a sharp first-half improvement. PR Newswire reported that Vingroup posted consolidated revenue of VND 222.9 trillion in the first half of 2026, up 72 percent from the same period in 2025.

Profit after tax reached VND 20.904 trillion in the same period, more than 4.5 times the year-earlier figure. The comparison matters because the new rail activity expands the industrial profile behind the group’s reported revenue growth rather than adding another purely financial investment.

Analyst target remains below VIC

Investing.com listed two analysts with an overall Sell consensus, an average 12-month price target of VND 117,000, a high target of VND 117,000 and a low target of VND 117,000. The VND 227,000 market price was 94.0 percent above that target on October 7, 2026.

The same Investing.com page lists October 26, 2026 as Vingroup’s next earnings date. That report will give investors a closer test of whether the first-half revenue increase is translating into sustained earnings momentum as the group adds infrastructure projects.

VIC holds a wide yearly range

VIC’s 52-week range was VND 87,600 to VND 265,000 on October 7, 2026. The VND 227,000 price sat VND 38,000 below the yearly high, leaving the rail contract and the October earnings date as the next concrete points for assessing the group’s expansion.