DSC sets VND 114,400 target for Vinhomes stock

Published on 10/19/2026 at 09:16 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

For Vinhomes stock, first-half profit was VND 52,092 billion, up 379 percent year over year. Cam Ranh reached VND 194,000 billion on October 1.

Project scale and earnings

DSC set a VND 114,400 target for Vinhomes on October 17, 2026.
First-half 2026 profit reached VND 52,092 billion, up 379 percent year over year.
Cam Ranh investment rose from VND 85,293 billion to VND 194,000 billion on October 1, 2026.

Vinhomes, VN000000VHM0, Illustration mit AI erstellt.

DSC set a VND 114,400 price target for Vinhomes stock on October 17, 2026, while the research note cited first-half profit of VND 52,092 billion, up 379 percent year over year. The target gives investors a valuation reference as the developer expands several large urban projects, according to Nguoi Quan Sat.

Earnings support the target

Vinhomes reported net revenue of VND 116,565 billion for the first half of 2026, alongside the VND 52,092 billion after-tax profit. Profit therefore rose faster than revenue, with the six-month result completing 87 percent of the company's VND 60,000 billion full-year profit plan, the same report said.

The operating figures matter because the analyst target is tied to a company that is converting project activity into reported earnings. The first-half sales figure reached VND 148,100 billion, up 119 percent year over year, according to the DSC summary.

Three recent milestones

On October 6, 2026, Vingroup and Alstom signed an agreement covering 200 metro trainsets for Hanoi, including technology transfer for local assembly, as reported by Ground News. On October 15, 2026, Vinhomes disclosed an investment and construction package through a stock-exchange filing, reported by Stockbiz. On October 17, 2026, DSC published its VND 114,400 target, making the analyst view the latest dated item in this sequence.

What does project scale mean?

The Cam Ranh Bay urban area provides the clearest numerical test. Vinhomes lifted the project's investment value from VND 85,293 billion to VND 194,000 billion on October 1, 2026, an increase of more than VND 108,700 billion. The project covers about 1,254 hectares and is planned to include more than 39,000 homes, according to Znews.

Real estate platform remains central

Vinhomes develops and sells real estate properties in Vietnam, with the project pipeline linking land development, housing delivery and infrastructure. For investors, the key balance is the distance between reported profit growth and the capital required to deliver projects of this scale.