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Tuesday, May 12, 2026
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GDP

Sustaining growth in tough times

As the nation pursues double-digit economic growth amid global geopolitical uncertainty, companies—especially large listed firms—are repositioning their strategies and market roles Growth bets built on multi-layered ecosystems With the National Assembly and Government targeting 10% GDP growth in 2026, many major corporations are also aiming for double-digit revenue and profit growth. Vingroup, for instance, looks to obtain revenue of VND485 trillion and after-tax profit of VND35 trillion in 2026, up 45.7% and more than 200% from 2025. The group is relying on three main pillars: infrastructure, green energy, and culture. In infrastructure, its subsidiary Vinhomes expects revenue of VND285 trillion and profit of VND60 trillion, up 86% and 38% year-on-year, respectively. The company is counting on continued revenue recognition from projects nearing completion and handover, including Vinhomes Ocean Park 2 and 3 (Hung Yen Province), Vinhomes Grand Park (HCMC), and Vinhomes Royal Island (Haiphong City). In green energy, VinFast plans to deliver 200,000 electric cars and reach one million electric motorbike deliveries this year. Chairman Pham Nhat Vuong expects the company to start turning a profit in Vietnam from 2026. Overseas, VinFast aims to deliver 100,000 electric cars, targeting EBITDA breakeven and profitability from 2026 or 2027. The company is […]
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