VEFAC

VEFAC, a Vingroup subsidiary and owner of Southeast Asia's largest exhibition center, reported Q2/2026 net profit of 401 billion VND, up 15% YoY, driven by lending and investment income of 415 billion VND. Revenue surged 77x to 388 billion VND due to partial property transfer. The company achieved 85% of its full-year net profit target of 600 billion VND in just six months.

VEFAC reported 2025 after-tax profit of VND 15,402 billion, up 16x YoY, on revenue of VND 47,759 billion (+38x), driven by the launch of the 90-hectare Vietnam Exhibition Center (VEC). The company retained all 2025 retained earnings to fund long-term development, signaling a focus on reinvestment over dividends.