Vingroup Jumps 11 Spots in Fortune Southeast Asia 500, Now 26th Among Region's Largest Firms

Vingroup's 11-place rise to 26th in Fortune's Southeast Asia 500 highlights its sustained growth and strategic positioning in electric vehicles, real estate, and green energy.

Chicago Metrowire Staff
Technology
Vingroup Jumps 11 Spots in Fortune Southeast Asia 500, Now 26th Among Region's Largest Firms

Vingroup has advanced to 26th place in Fortune's Southeast Asia 500 ranking, climbing 11 positions from 37th in 2025 and 19 places from 45th in 2024. The conglomerate remains the highest-ranked private enterprise in Vietnam, according to the list published by Fortune for the third consecutive year.

The ranking, which evaluates companies across seven Southeast Asian countries including Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia, is based on total revenue. Fortune noted that Vingroup is well positioned to capitalize on shifts in global supply chains and rapid growth in strategic industries such as electric vehicles (EVs) and artificial intelligence.

In 2025, Vingroup recorded revenue of USD 12,760.6 million, a 69.1% year-on-year increase compared to figures reflected in the previous ranking. Net profit stood at USD 436.5 million, with total assets of USD 42,536.4 million. The group operates across Industrials-Technology, Real Estate and Services, Infrastructure, Green Energy, and Culture and Social Enterprises.

Under its Industrials-Technology pillar, VinFast reinforced its leading position in Vietnam's automobile and electric two-wheeler markets while expanding globally. In 2025, VinFast delivered nearly 200,000 electric vehicles worldwide, up 102% year-on-year, exceeding its annual target and marking the highest delivery volume since inception. In the first quarter of 2026, VinFast delivered 58,577 EVs, a 61% increase year-on-year.

Within the Real Estate and Services pillar, Vinhomes maintained market leadership with 32 residential developments housing approximately 650,000 residents. In 2025, Vinhomes recorded contracted sales of VND 205.3 trillion (up 98% year-on-year), with more than 34,000 units delivered. Its unrecognized contracted sales backlog reached VND 186.4 trillion. Consolidated net revenue totaled VND 153.3 trillion, up 49.8% from 2024, while net profit after tax reached VND 43.3 trillion, up 23.6% year-on-year.

In 2026, Vinhomes launched large-scale urban developments including the 6,200-hectare Vinhomes Global Gate Ha Long in Quang Ninh, the 512-hectare Vinhomes Hai Van Bay in Da Nang, and the 1,080-hectare Vinhomes Saigon Park in Ho Chi Minh City. Meanwhile, Vinpearl continued to lead Vietnam's hospitality and entertainment sector, operating 60 facilities across 20 provinces with over 17,500 rooms, 15 theme parks, six golf courses, and three convention centers.

Under the Infrastructure pillar, VinSpeed began construction of Vietnam's first two high-speed rail projects: the Ben Thanh - Can Gio line in Ho Chi Minh City and the Hanoi - Quang Ninh line, launched in April 2026. In Green Energy, VinEnergo announced expansion plans across Asia and Europe, with a renewable energy pipeline of 10 GW. In Social Enterprises, VinUniversity became the youngest university in Vietnam to receive the FIBAA Quality Seal, and Vinmec inaugurated its 10th hospital. Vingroup also launched its Culture pillar in late 2025, introducing V-Film in May 2026.

Looking ahead, Vingroup said it remains committed to accelerating core business activities, leveraging its diversified ecosystem, and expanding its international presence to achieve 2026 targets and strengthen its position among the region's leading enterprises.

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