Vinhomes stock gets a Hanoi rail contract for 200 trainsets
Published on 10/08/2026 at 09:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Vinhomes (ISIN VN000000VHM0) was trading at VND 68,100 on HOSE on October 7, 2026 at 10:45 a.m. ICT, down 1.3 percent from the previous session. The company is linked to a Hanoi rail agreement covering 200 Metropolis trainsets signed on October 6, 2026.
Rail agreement adds an infrastructure angle
As Yahoo Finance reported on October 6, 2026, Alstom and Vingroup agreed to supply 83 five-car Metropolis trainsets and provide technology for 117 additional trains assembled in Vietnam.
Vingroup is the general contractor for Hanoi metro projects through its subsidiary Vinhomes, according to the release carried by Yahoo Finance. The agreement broadens the investment case beyond residential development, but the source does not disclose a contract value for Vinhomes.
First-half figures show operating scale
For the six months ended June 30, 2026, Vinhomes reported net revenue of VND 116.565 trillion, while consolidated profit after tax reached VND 52.092 trillion, according to Nodudo on July 30, 2026. The company said equivalent revenue including business cooperation contracts and bulk-lot transactions rose 203 percent from the first half of 2025.
The same report put first-half sales at VND 148.104 trillion, up 119 percent year over year, while unbilled sales reached VND 196.813 trillion, up 42 percent. Gross profit in the second quarter exceeded eight times the year-earlier level, reaching VND 34.732 trillion with a gross margin near 66 percent.
Analyst targets trail the market price
The consensus page at Investing.com dated September 25, 2026, showed a Buy rating based on 11 analysts, including 6 Buy ratings and 5 Holds. The average 12-month target was VND 64,518, with a high of VND 97,800 and a low of VND 28,500.
That target distribution highlights the market's divided view of execution and valuation. Vinhomes must convert sales momentum and its project pipeline into cash generation while financing large urban developments and infrastructure commitments.
Vinhomes market value reaches VND 562.7 trillion
Vinhomes had a market capitalization of VND 562.7 trillion as of September 30, 2026, when it ranked among the four HOSE companies valued above USD 10 billion, according to the State Securities Commission of Vietnam. The stock's 52-week range on the October 7 quote page was VND 41,842 to VND 78,966.
Vinhomes stock facts
- Company: Vinhomes Joint Stock Company
- ISIN: VN000000VHM0
- Ticker: VHM
- Trading venue: HOSE
- Price (as of October 7, 2026, 10:45 a.m. ICT): VND 68,100
- Market capitalization: VND 562.7 trillion (as of September 30, 2026)
- 52-week range: VND 41,842-78,966 (as of October 1, 2026)
- Sector / Industry: Real Estate
- Index membership: VN30
More news and analyses on Vinhomes stock
