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How Vincom Retail performed before Vingroup sold it

How Vincom Retail performed before Vingroup sold it

Before Vingroup recently decided to sell its stakes in Vincom Retail, the mall operator had reported record profits and was the conglomerate’s third most profitable business.
Vingroup to divest from mall operator Vincom Retail

Vingroup to divest from mall operator Vincom Retail

Conglomerate Vingroup has decided to sell its stake in Vincom Retail, lowering ownership in the retail unit to 18.37%.
March 17, 2024 | 11:50 pm PT
Vincom Retail has new CEO

Vincom Retail has new CEO

Vincom Retail's Board of Directors has just appointed Pham Thi Thu Hien as general director, replacing Tran Mai Hoa.
October 11, 2023 | 02:07 am PT
Vincom Retail eyes record revenues

Vincom Retail eyes record revenues

Vincom Retail targets revenues of VND10.35 trillion (US$441 million) and profits of VND4.68 trillion this year, increases of 41% and 69%.
April 27, 2023 | 08:56 pm PT
Vincom Retail profits nearly triple in Q1

Vincom Retail profits nearly triple in Q1

Mall operator Vincom Retail has reported after-tax profits of VND1.02 trillion (US$43.4 million) for the first quarter, a 2.7-fold rise year-on-year, amid a recovery in consumption.
April 23, 2023 | 06:29 pm PT
Vincom Retail profit surges 33 times

Vincom Retail profit surges 33 times

Retail property firm Vincom Retail saw post-tax profit surge 33 times year-on-year to VND793.63 billion ($31.96 million) thanks to a recovery in domestic consumption.
October 27, 2022 | 11:52 pm PT
Vincom Retail posts 45 pct decline in profit

Vincom Retail posts 45 pct decline in profit

Vincom Retail saw its post-tax profit last year plunging 45 percent year-on-year to VND1.32 trillion ($58 million) amid a lease reduction to support businesses affected by the pandemic.
January 28, 2022 | 09:30 pm PT
Vincom retail real estate arm sees 40 pct profit surge

Vincom retail real estate arm sees 40 pct profit surge

Vincom Retail reported a 40 percent year-on-year rise in post-tax profits in the first half to VND1.17 trillion ($51.1 million).
July 28, 2021 | 09:47 pm PT
Vincom Retail sets conservative business targets

Vincom Retail sets conservative business targets

Vincom Retail targets post-tax profit of VND2.5 trillion this year, up 5 percent from 2020 but lower than in 2019.
May 17, 2021 | 07:18 pm PT
Vincom Retail records 58.7 pct profit surge

Vincom Retail records 58.7 pct profit surge

Mall operator Vincom Retail saw its post-tax profit increase 58.7 percent to VND781 billion ($33.9 million) in Q1.
April 28, 2021 | 05:10 pm PT
Vingroup draws $7.6 bln foreign capital

Vingroup draws $7.6 bln foreign capital

Foreign investors, since 2013, have pumped $7.6 billion into Vietnam's largest private conglomerate Vingroup and its subsidiaries in the form of share acquisitions and loans.
October 6, 2019 | 09:09 pm PT
Vietnam mall operator debut helps entice world's record stake sale in 2017: data

Vietnam mall operator debut helps entice world's record stake sale in 2017: data

The $709 million IPO of Vincom Retail was among those that enticed sovereigh investors to take chunky stakes in record numbers last year.
February 9, 2018 | 11:25 pm PT
 
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