Vinhomes develops 2,870-hectare plan: what it means for Vinhomes stock

Published on 10/16/2026 at 11:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Green Paradise plans 104 schools and more than 2 million square meters of offices. For Vinhomes stock, rail service is targeted for the fourth quarter of 2028.

Growth rests on integrated projects

Vinhomes Green Paradise covers 2,870 hectares in an announcement dated October 16, 2026.
SSI Research lifted its fiscal 2026 profit forecast to VND 61.6 trillion on September 17, 2026.
Commercial rail service for the project is targeted for the fourth quarter of 2028.

Vinhomes, VN000000VHM0, Illustration mit AI erstellt.

Vinhomes (ISIN VN000000VHM0) is developing the 2,870-hectare Vinhomes Green Paradise coastal urban area in Can Gio, according to Sin Chew on October 16, 2026. The project combines housing with transport, schools, healthcare, offices and parks, giving Vinhomes stock a development story tied to infrastructure as well as property sales.

Three developments shape Vinhomes

On September 17, 2026, SSI Research raised its fiscal 2026 forecast for Vinhomes profit to VND 61.6 trillion, up 47 percent from the prior forecast year, while projecting sales of VND 284.6 trillion, up 39 percent from 2025, according to Nguoi Quansat.

On September 24, 2026, Vinhomes disclosed that its board had approved a proposed private placement of secured bonds with a maximum face value of VND 8 trillion, as reported by Vietnam News. The proceeds are intended to finance investment projects, while the bonds carry a maximum tenor of 24 months.

On October 16, 2026, the Green Paradise plan became the latest dated development in this sequence. The master plan includes 104 schools, more than 2 million square meters of office space and more than 370 parks, according to Sin Chew.

What does the project mean for growth?

The investment case depends on converting infrastructure access into property demand and cash generation. SSI Research said first-half 2026 sales reached VND 148.1 trillion, up 119 percent year over year, while second-quarter net profit attributable to the parent company reached VND 22.7 trillion, up 202 percent year over year, according to Nguoi Quansat. The same report put second-quarter gross margin at 68.6 percent, compared with 22.1 percent a year earlier.

Dates for the infrastructure plan

The Ben Thanh-Can Gio railway is targeted to begin commercial operation in the fourth quarter of 2028, according to Sin Chew. The Can Gio Bridge is scheduled to open in 2029, with the same source describing the bridge and an expanded boulevard as additional links to the project.

Scale and execution set the context

Vinhomes is presenting Green Paradise as an integrated township rather than a standalone housing project. That raises the importance of delivery timing, financing and the pace at which planned services become operating assets.