
Vincom Retail Joint Stock Company (VRE), formerly known as Vincom Retail Co., Ltd., was established in 2012. The company operates in the field of leasing retail commercial centers and related services, as well as investing in the development and business of real estate types. Vincom is the leading retail real estate brand in Vietnam, holding the No. 1 position in the Vietnamese market in terms of network and coverage with 90 shopping centers in 31/34 provinces and cities, developed according to four product models: Vincom Center, Vincom Mega Mall, Vincom Plaza and Vincom+. The enterprise's system includes many models of shopping centers from high-end, large-scale to local models, of which Vincom Plaza accounts for the largest proportion in terms of quantity and area. The company maintains a network of nearly 1,000 domestic and foreign brands, and continues to expand new flagship models, concepts, and upgrade existing assets. VRE has been listed and traded on the Ho Chi Minh Stock Exchange (hose) since the end of 2017.
VRE currently has a market capitalization of roughly VND 60.103 billion, placing it in the large-cap group on the Vietnamese stock market. Its current P/E of 8,3x is 62% below its own 8-year average (22x), suggesting the stock is trading cheaper than its historical norm. P/B stands at 1,3x, 31% below its multi-year average of 1,8x. Return on equity (ROE) is at 15,2%, up from 14,4% the year before. Its debt-to-equity ratio of 0,1x is low, reflecting a conservative capital structure. In 2025, revenue fell 1% year-on-year while after-tax profit grew 57%.
This note is generated automatically from the stock's real financial data, for reference only — not investment advice.
Unit: VND billion. Growth (%) vs. previous period.
Unit: VND billion. Year-end values; current year uses latest session.
Unit: x. Financial debt over shareholders' equity.
Data aggregated from cafef.vn and VNDirect, for reference only, not investment advice.