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Tuesday, 25/8/2026 | 14:35 GMT+7

Vingroup remains Vietnam's largest private taxpayer

Vingroup contributed 150,000 billion VND to the state budget in 2025, averaging 407 billion VND daily, solidifying its position as the top private sector contributor.

According to the ranking of Vietnam's largest private enterprises by tax contributions, published by CafeF, Vingroup continued to hold the top position. The group's total budget contribution in 2025 reached 148,773 billion VND, a 165% increase from over 56,200 billion VND in 2024. On average, the conglomerate contributed over 407 billion VND daily.

In 2025, Vingroup reported total revenue exceeding 332,808 billion VND, an increase of 76% compared to the previous year. After-tax profit reached over 11,146 billion VND, up 111%. This growth trajectory continued into the first 6 months of 2026, with consolidated net revenue increasing 72,5% year-on-year to 222,300 billion VND. Consolidated after-tax profit surged 4,5 times compared to the same period, reaching 20,375 billion VND and completing 58% of the full-year profit target.

Within its technology-industry pillar, VinFast holds the number 1 position in Vietnam's electric vehicle market. In the first 6 months of 2026, the company delivered over 115,916 electric cars domestically, marking a 72% increase year-on-year. The brand's total global sales reached 128,662 vehicles, up 78%. The electric motorbike segment also saw significant growth, with nearly 429,175 vehicles delivered, 3,7 times more than the same period last year.

Simultaneously, VinFast is expanding its international presence with 474 showrooms, focusing on key Asian markets.

In the commercial services sector, Vinhomes' converted revenue reached 134,200 billion VND in the first 6 months of 2026, three times the figure from the same period last year. Vinpearl continued to develop its tourism and resort ecosystem and expanded its brand portfolio, enhancing Vietnam's tourism competitiveness in the international market.

Phoi canh Vinhomes Green Paradise Can Gio. Photo: Vinhomes

Vingroup is actively pursuing new growth pillars linked to strategic sectors, with a particular focus on infrastructure and green energy.

Beyond its business success and budget contributions, the group consistently invests in community-focused areas such as healthcare, education, culture, and social charity. In the cultural sphere, Vingroup aims to preserve and promote traditional values, foster creativity, and help Vietnamese cultural products reach wider domestic and international audiences.

For social charity, the Thien Tam Fund has allocated 35,000 billion VND to social welfare and humanitarian programs, including gratitude initiatives. An additional 11,000 billion VND has been dedicated to activities honoring individuals who have contributed to the nation.

Vingroup ranks among the top 30 largest enterprises in Southeast Asia. It has also been the highest-ranked Vietnamese enterprise on Fortune's list of the 500 largest Southeast Asian enterprises for three consecutive years.

Nhat Le

By VnExpress: https://vnexpress.net/vingroup-tiep-tuc-la-doanh-nghiep-tu-nhan-nop-thue-lon-nhat-viet-nam-5113185.html
Tags: tax contributions state budget Vingroup

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