中文

VINACONEX

₫14,500
+0.00% 2026-09-15 · Close
AI Composite Signal
7.2 / 10
Bullish — 5-signal composite
Mkt Cap
10.9T
₫10.9T
P/E
3.0
P/B
1.0
ROE
33.8%
ROA
14.3%
EPS
6.7K
Price Chart
What matters now

VINACONEX (VCG) is a company in Vietnam's Construction & Materials sector, listed on HOSE. The stock last traded at 14,500 VND, little changed on the session, giving a market capitalization of 10.9 trillion VND.

On valuation, VCG trades at a price-to-earnings ratio of 3.0 and a price-to-book of 1.0. That is a discount to the Construction & Materials sector average P/E of 20.8. Return on equity of 33.8% points to strong profitability relative to the company's equity base, above the sector average of 8.2%. Trailing earnings per share stand at 6,724 VND.

Aveluro tracks 77 news items mentioning VCG, where recent coverage skews positive (40% of articles). The most recent catalyst was a foreign flow event — "VNM ETF Adds SSB, Drops CEO in Q3 2026 Review; FTSE Adds MCH, TCX, VPL". Aveluro's composite model rates VCG 7.2/10 (Bullish), blending news sentiment, price momentum, and fundamentals.

Comparable names in the Construction & Materials sector include ACC, ACE and ACS.

Latest catalyst

VNM ETF Adds SSB, Drops CEO in Q3 2026 Review; FTSE Adds MCH, TCX, VPL

Recent Developments

Recent developments around VINACONEX include 5 notable classified events. On Sep 11, 2026, a market event was reported: MarketVector's Q3 2026 review adds SeABank (SSB) to the roughly USD 520M VNM ETF and removes CEO, with the fund expected to buy about 13.2 million SSB shares plus HPG and VPL, while selling VIC and SSI into the September 18 close. On Aug 20, 2026, a dividend announcement was reported: ND2 will pay a 35% cash dividend for 2025, totaling 175B VND, with parent Vinaconex (VCG) receiving about 89B VND and Toyota Tsusho 61B VND. On Aug 19, 2026, a market event was reported: Vinaconex (VCG) acquired nearly 7.4 million BDT shares on August 12, raising its stake in Dong Thap Construction (BDT) to 24.15% and becoming a major shareholder. On Aug 12, 2026, a market event was reported: Mirae Asset estimates passive foreign inflows of VND 39,118 billion (USD 1.56 billion) into Vietnamese stocks following the FTSE Russell upgrade to Secondary Emerging Market in September 2026. On Aug 09, 2026, a market event was reported: Vietnamese construction firms are transitioning from subcontractors to main contractors on billion-dollar projects, including high-tech infrastructure, data centers, and the North-South high-speed railway.

The overall tone of recent coverage is positive, with 4 of 5 events carrying bullish sentiment.

AI Signal Breakdown
Bearish Neutral Bullish
7.2 / 10
Bullish
Sentiment
+0.00
Impact
0.70
Momentum
-0.61
Fundamentals
+1.00
Volume
0.54
Sentiment 30% · Impact 20% · Momentum 20% · Fundamentals 15% · Volume 15%
News Sentiment
77
Articles Analyzed
Positive 31
Negative 18
Neutral 18
Mixed 10
Recent News
Sep 11, 2026 Full Analysis Mixed foreign flow
MarketVector's Q3 2026 review adds SeABank (SSB) to the roughly USD 520M VNM ETF and removes CEO, with the fund expected to buy about 13.2 million SSB shares plus HPG and VPL, while selling VIC and SSI into the September 18 close. FTSE Russell separately added MCH, TCX and VPL to its Vietnam Index and removed 21 names, a shift tied to Vietnam's upgrade to Secondary Emerging market status.
Aug 20, 2026 Full Analysis Positive dividend announcement
ND2 will pay a 35% cash dividend for 2025, totaling 175B VND, with parent Vinaconex (VCG) receiving about 89B VND and Toyota Tsusho 61B VND. However, H1 2026 net profit fell 30% due to lower rainfall and higher taxes, casting doubt on the 2026 dividend target of 25%.
Aug 19, 2026 Full Analysis Positive stake change
Vinaconex (VCG) acquired nearly 7.4 million BDT shares on August 12, raising its stake in Dong Thap Construction (BDT) to 24.15% and becoming a major shareholder. The deal, valued at VND 75.43 billion, positions VCG as a strategic investor in a provincial construction firm with strong revenue growth.
Aug 12, 2026 Full Analysis Positive foreign flow
Mirae Asset estimates passive foreign inflows of VND 39,118 billion (USD 1.56 billion) into Vietnamese stocks following the FTSE Russell upgrade to Secondary Emerging Market in September 2026. VIC leads with USD 399 million, followed by VHM, LPB, VPB, and HPG, with allocations spread over four tranches through September 2027.
Aug 09, 2026 Full Analysis Positive sector sentiment
Vietnamese construction firms are transitioning from subcontractors to main contractors on billion-dollar projects, including high-tech infrastructure, data centers, and the North-South high-speed railway. This shift marks a new era for domestic builders like Coteccons (CTD), which led the Landmark 81, and positions them to capture larger shares of mega-projects.
Aug 02, 2026 Full Analysis Negative earnings miss
CTD, HBC, and VCG all reported lower Q2 2026 profits despite mixed revenue trends. Coteccons' net profit fell 28% to VND 146B on a 25% revenue rise, while Hoa Binh's profit dropped 55% and Vinaconex's 34%, reflecting sector-wide margin pressure.
Aug 01, 2026 Full Analysis Negative foreign flow
Foreign investors net sold VND 362.6 billion (~USD 14.5 million) on July 31, 2026, with real estate bearing the brunt while technology and retail saw inflows. VN-Index slipped 8.88 points to 1,735.78 amid ETF rebalancing, but state-owned banks like VCB (up ~5%) cushioned the fall.
Jul 29, 2026 Full Analysis Negative regulation change
ACV, VCG, and FCN face regulatory risk after the Government Inspectorate disclosed illegal subcontracting worth over VND 1.5 trillion at the Long Thanh International Airport project. The case has been recommended for transfer to the Ministry of Public Security for investigation, potentially impacting project timelines and contractor reputations.
Jul 28, 2026 Full Analysis Positive contract win
Vinaconex (VCG) has secured a VND 1,100 billion construction contract for a police barracks project in Thanh Hoa, part of a VND 3,500 billion total investment. The contract adds to VCG's order book and reinforces its position in public infrastructure construction.
Jul 22, 2026 Full Analysis Positive dividend announcement
VCG completes distribution of 51.7 million shares as an 8% stock dividend for 2025, raising charter capital to nearly VND 6,982 billion. The company also plans an 8% cash dividend payment of approximately VND 517.2 billion, reflecting a total dividend yield of 16% for the year.
Jul 19, 2026 Full Analysis Positive sector sentiment
MBS forecasts backlog growth of 15% in 2026 and 10% in 2027 for listed construction companies, driven by the 2026-2030 public investment cycle. CTD is expected to see a 30% backlog increase, while VCG, HHV, and CII see more moderate gains.
Jul 16, 2026 Full Analysis Negative foreign flow
Foreign investors net sold nearly VND 1,000 billion on July 15, 2026, with the heaviest selling in FPT, PNJ, SSI, VIC, and TCB. The VN-Index dropped 24.51 points to 1,782.12, while retail investors absorbed the selling.
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Stock Analysis

By Aveluro Research Team · Editorial policy · Caveat: Not investment advice. · How Aveluro computed this

Information provided for educational purposes only. Past performance does not guarantee future results. Data sourced from public Vietnamese market feeds.

Last updated: 2026-09-15T16:49:29Z.