Vingroup has been named the largest private contributor to Vietnam’s state budget, with payments totaling over VND 56.2 trillion in 2024. This amount represents nearly 40% of the total contributions from the top ten enterprises listed in CafeF’s PRIVATE 100 ranking.
The PRIVATE 100 list, published by CafeF, ranks Vietnam’s top 100 private enterprises by tax contribution based on actual payments made during a full fiscal year. According to this ranking, Vingroup’s tax payments increased by 82% compared to the previous year and accounted for 23% of the Top 100’s total contributions.
“This is the second consecutive year CafeF has published the PRIVATE 100 list, which is based on actual payments made during a full fiscal year. Vingroup’s continued leadership in the ranking is a clear testament to its credibility, social responsibility, and the effective, sustainable business model of its entire ecosystem,” stated representatives from Vingroup.
As of June 30, 2025, Vingroup reported total assets of VND 964,439 billion. Its consolidated net revenue for the first half of the year reached VND 130,366 billion with a post-tax profit of VND 4,509 billion.
Vingroup operates mainly through two business pillars: Technology – Industry and Real Estate & Services. In its Industrials & Technology segment, VinFast delivered more than three times as many electric vehicles worldwide in the first six months of this year compared to last year—72,167 units globally and maintaining market leadership in Vietnam with over 67,000 cars delivered. The company also set a new record for electric two-wheelers with more than 114,000 units handed over.
In real estate and services, subsidiary Vinhomes recorded contracted sales worth VND 67,504 billion and unbilled bookings totaling VND 138,208 billion as of mid-2025. It was also recognized as Vietnam’s leading real estate taxpayer according to PRIVATE 100 rankings. Other subsidiaries such as Vincom Retail and Vinpearl reported revenues of VND 4,274 billion and VND 5,912 billion respectively.
On August 11 this year, Vingroup announced it would expand into Infrastructure (including high-speed railways and logistics) and Green Energy (solar power and wind energy). These new sectors are expected to drive further growth for both the company and state budget contributions.
The group also contributes through social initiatives under its Social Enterprises pillar. In August this year its Kind Heart Foundation received recognition for charitable work supporting disadvantaged communities across Vietnam; it has disbursed about VND 30 trillion since inception.
Additionally on August 19th ,Vingroup was awarded honors for completing Hanoi’s National Exhibition Fair Center ahead of schedule—a project marking an important milestone ahead of Vietnam’s upcoming National Day celebrations.
“Vingroup’s repeated recognition at the national level alongside its consistent top rankings in reputable business evaluations is clear evidence of its growth potential social responsibility and long-term commitment to sustainable development,” said company representatives.
