Vincom Retail Joint Stock Company announced its 2025 business results on 26/1, reporting a total revenue of 8,399 billion VND from leasing and related services.

This translates to an average daily revenue of 23 billion VND in 2025, marking a 6,6% increase compared to 2024. However, it reached only 93% of Vincom Retail's full-year target.

The Vincom mall chain owner reported an after-tax profit of 6,446 billion VND, a significant 57% increase from 2024 and 37% above its plan. This represents the highest profit since Vincom Retail was listed on the stock market in 2017.

According to the company, excluding profit from the share transfer of Vincom Center Nguyen Chi Thanh, their after-tax profit surpassed the 2025 full-year target by 5%. Vincom Retail is estimated to have earned approximately 1,500 billion VND from this transaction.

Previously, in late October 2025, the company announced the completion of transferring its entire 99,99% capital contribution in Vincom NCT Real Estate Company, the entity owning the Vincom Center mall project on Nguyen Chi Thanh street, Hanoi. The transfer value for this transaction exceeded 3,630 billion VND.

Last year, Vincom Retail opened three new malls in Hung Yen, Hai Phong, and Nghe An, adding 120,000 m2 to its total retail floor area. Concurrently, the company upgraded and renovated the interiors of several major malls in Hanoi and Ho Chi Minh City (TP HCM).

The company currently owns 90 malls across 31 of Vietnam's 34 provinces and cities, boasting a total floor area exceeding 1,91 million m2. In 2025, total foot traffic to Vincom Retail's malls increased by 24% compared to the previous year.

Anh Tu