On 23/4, Vincom Retail Joint Stock Company (VRE) held its 2026 annual general meeting of shareholders, approving a plan for a 10% cash dividend, equivalent to VND 1,000 per share. The total payout, amounting to nearly VND 2,300 billion, is scheduled for Q3 this year.
This dividend plan stems from accumulated profits in 2025, as the company enters a new growth phase amid a rapidly evolving retail market.
For 2026, Vincom Retail forecasts consolidated net revenue of VND 10,132 billion and after-tax profit of VND 5,375 billion. These figures represent increases of 16% and 15% respectively over the previous year's corresponding targets, excluding non-recurring income.
The company's strategic goal is to become a leading retail real estate developer and manager in Asia, shaping consumer trends and experiences. It also aims to expand its asset portfolio, seek overseas investment opportunities, and develop a global partner ecosystem.
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Vincom Retail Joint Stock Company's annual general meeting of shareholders took place on the morning of 23/4. Photo: *Vincom Retail*
To achieve this plan, Vincom Retail focuses on five key directions. First, the company will continue developing and managing shopping malls to international standards, encompassing product models, customer experience, and operational quality.
Second, the company is advancing the development of commercial streets based on a "retail-tainment destination" model, integrating shopping, tourism, and experiences. Each street is designed as a destination built on five pillars: discovery, entertainment, shopping, dining, and wellness. Third, Vincom Retail aims to pioneer new retail models in Vietnam, while supporting the growth of domestic brands and brand chains.
Additionally, the company will optimize its existing portfolio of shopping malls and commercial streets, improving space utilization, leveraging customer traffic, and integrating the online-to-offline (O2O) model. Vincom Retail aims to become a major local delivery and pickup point, enhancing asset value and ensuring sustainable growth.
Finally, Vincom Retail plans to gradually expand into international markets, either within the Vingroup ecosystem or by actively seeking independent overseas investment and development opportunities.
Concurrently, the company stated it will continue to enhance its governance quality to align with international practices by applying the ASEAN Corporate Governance Scorecard (ACGS). This initiative is viewed as a foundation to attract more institutional investors, particularly long-term funds, and to optimize its capital structure during this new development phase.
According to Vincom Retail, a stable macroeconomic environment and the retail market's positive growth momentum are creating a favorable foundation for this year's plan. In Q1, the brand's shopping malls saw double-digit growth in customer traffic.
The company expects to achieve its set objectives, transforming its network of shopping malls and commercial streets into leading experiential destinations in the region, thereby supporting the development of Vietnam's consumer market.
Song Anh
