Vinhomes signs VND 900 trillion metro deal ahead of Vinhomes stock results

Published on 10/25/2026 at 02:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Five Hanoi lines span 253.5 kilometers under the October 15 contract. Vinhomes stock has a December 1, 2026 report date and VND 900 trillion at stake.

Metro contract and earnings timeline

Vinhomes signed a VND 900 trillion metro contract on October 15, 2026.
First-half 2026 revenue reached VND 116.565 trillion and net profit VND 52.092 trillion.
Vinhomes is scheduled to report its next results on December 1, 2026.

Vinhomes, VN000000VHM0, Illustration mit AI erstellt.

Vinhomes signed a VND 900 trillion turnkey contract for five Hanoi metro lines on October 15, 2026, giving its property business a major infrastructure execution task. Baochinhphu reported that the Vinhomes-SGC consortium will deliver lines 1, 2, 8, 10 and 14, with operations targeted before December 31, 2030.

Metro scope adds execution risk

The contract covers approximately 253.5 kilometers and assigns the consortium responsibility for design, procurement, installation, construction and final handover. Jiji reported an announced investment value of VND 900 trillion, excluding site-clearance costs, and said the lines are intended to enter operation by 2030.

The scale is material beside Vinhomes' latest reported operating base. For the first six months of 2026, revenue was VND 116.565 trillion and net profit was VND 52.092 trillion, according to Review Bat Dong San. Net profit had reached 87 percent of the full-year target of VND 60.000 trillion by that point.

Three dated developments for Vinhomes

On September 2, 2026, Vinhomes' latest quarterly release showed revenue of VND 52.721 trillion and net income of VND 22.583 trillion, as reported by Investing.com. On October 15, 2026, the company joined the Vinhomes-SGC consortium for the VND 900 trillion metro contract. On October 23, 2026, market coverage put nine-month net profit at VND 65 trillion, according to Business Forum.

What does the contract change?

The immediate issue is not only the contract value but also how construction obligations will translate into reported revenue, cash flow and financing needs. Vinhomes already reported VND 8.704 trillion of second-quarter 2026 revenue from construction contracting, design consulting and supervision services, according to Investify. That comparison shows why contract accounting and funding milestones may matter as much as the headline project value.

Next reporting date

Investing.com lists December 1, 2026 as Vinhomes' next reporting date. The release should provide the next quantified checkpoint for project handovers, earnings and the financial effect of the metro commitment.

Infrastructure meets property earnings

Vinhomes enters the next reporting cycle with a VND 900 trillion infrastructure mandate and VND 52.092 trillion of first-half net profit. The combination makes execution, disclosure and cash conversion central to the stock's investment case.