Vingroup and Alstom agree 200 metro trains. Vingroup stock draws buyers.

Published on 10/25/2026 at 02:31 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The deal covers 200 trains, with 117 assembled in Vietnam by Vingroup. Vingroup stock drew VND 239 billion of foreign buying on October 22, 2026.

Infrastructure and earnings timetable

Vingroup agreed on October 6, 2026, to support up to 200 Hanoi metro trainsets.
SSI kept Vingroup's 2026 net profit target at VND 35.00 trillion on October 7, 2026.
Vingroup JSC's next earnings report is scheduled for October 26, 2026.

Vingroup, VN000000VIC9, Illustration mit AI erstellt.

Vingroup (VN000000VIC9) and Alstom agreed on October 6, 2026, to support up to 200 metro trainsets for Hanoi. Alstom said 83 five-car trains will be produced in France, while Vingroup will assemble 117 additional trains in Vietnam.

Three dates define the story

On October 6, 2026, the rail agreement covered 200 trainsets and a technology license for local assembly, according to Alstom. On October 7, 2026, an SSI update kept Vingroup's 2026 net profit target at VND 35.00 trillion and said second-half profit needed to reach VND 14.10 trillion, up 115.00 percent year over year, according to Nguoi Quan Sat. On October 22, 2026, VIC attracted more than VND 239 billion in net foreign buying, while the stock rose 4.16 percent in that session, Tin nhanh chung khoan reported on October 23, 2026.

What does the rail plan add?

The project gives Vingroup an infrastructure angle beyond its established real estate, hospitality, manufacturing and services operations. The agreement also creates a local assembly capability for 117 trains, while Hanoi's planned urban rail network is projected to reach 979 kilometers across 18 lines by 2045, according to Alstom. For investors, the key issue is execution: the rail agreement expands the strategic scope, while the profit target sets a demanding financial benchmark.

Earnings date sets next checkpoint

Vingroup JSC's next earnings report is scheduled for October 26, 2026, according to Investing.com. The reported 2026 target of VND 35.00 trillion leaves the planned second-half contribution at VND 14.10 trillion, making the upcoming report an important test of the company's stated path.

Execution remains the stock question

VIC closed at VND 236,500 on the Ho Chi Minh Stock Exchange on October 23, 2026. Its 52-week range was VND 93,000 to VND 265,000, while market capitalization stood at VND 1.8 quadrillion on the quoted market snapshot. The combination of infrastructure expansion, a VND 35.00 trillion profit target and the October 26 reporting date gives the stock a clear set of company-specific reference points.