Vinhomes cites VND 148 trillion presales: what it means for Vinhomes stock

Published on 10/21/2026 at 12:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Vinhomes reiterated 500,000 social housing units as a demand lever. Vinhomes stock had a VND 562.7 trillion market value on September 30, 2026.

Demand and market scale

First-half presales reached VND 148 trillion on October 13, 2026.
Vinhomes reiterated a target to develop 500,000 social housing units.
Vinhomes had a VND 562.7 trillion market capitalization on September 30, 2026.

Vinhomes, VN000000VHM0, Illustration mit AI erstellt.

Vinhomes (VN000000VHM0) cited first-half presales of VND 148 trillion on October 13, 2026, more than double the year-earlier level. According to Adalytica, the developer said demand remained resilient despite higher interest rates, while the sales mix shifted toward wholesale transactions.

Three dated steps shape the story

On September 21, 2026, Vinhomes was added to the FTSE All-World Index, according to MarketScreener. On September 23, 2026, the company approved a private placement of up to VND 8 trillion in non-convertible corporate bonds, the same MarketScreener overview reported. On October 13, 2026, Vinhomes highlighted first-half presales of VND 148 trillion through its finance and investment chief, as reported by Adalytica.

What supports future revenue?

The presales figure matters because sold inventory can support later revenue and profit recognition when homes are handed over. Adalytica reported that Vinhomes also reiterated a target to develop 500,000 social housing units, expanding its potential customer base while interest rates remain a consideration for buyers.

Market scale and funding

Vinhomes combines sales visibility with a large development pipeline, but its funding activity remains part of the investment picture. The State Securities Commission of Vietnam reported that Vinhomes had a market capitalization of VND 562,715 billion as of September 30, 2026, placing it among the companies on the Ho Chi Minh Stock Exchange valued above USD 1 billion. The same report showed VHM among the five largest stocks by trading value in September, at VND 17,124 billion.

The company line therefore rests on two measurable pillars: VND 148 trillion in first-half presales and a VND 8 trillion bond placement disclosed in September. The trade-off is equally concrete, as wholesale sales can improve cash collection while interest support programs may pressure margins.

Stock context for investors

Vinhomes is a Vietnam-based residential real estate developer listed on the Ho Chi Minh Stock Exchange under ticker VHM. Its operating model links land development, housing sales and infrastructure-led urban projects, making presales and funding activity important markers for future earnings visibility.