Announcement of Business Results Quarter III/2025

PRESS RELEASE

VINHOMES REPORTS VND 15.3 TRILLION PROFIT AFTER TAX FOR 9M2025

Hanoi, October 30, 2025 — Vinhomes Joint Stock Company (HOSE: VHM) today announced its consolidated financial statements for the third quarter of 2025, prepared in accordance with Vietnamese Accounting Standards (VAS). The results highlight a solid financial position, strong cash generation, and robust sales performance — forming a strong foundation for accelerated growth in the coming quarters.

Total contracted sales reached VND 162.6 trillion, up 96% year-on-year— reflecting buoyant market demand and the effectiveness of Vinhomes’ sales strategy. As of end-September 2025, unbilled sales stood at VND 223.9 trillion, up 93% versus end-3Q2024 — an all-time high, providing a solid foundation to realize the 2025 business targets approved by the General Meeting of Shareholders.

As of September 30, 2025, Vinhomes maintained a solid financial position with total assets of VND 768.3 trillion and shareholders’ equity of VND 234.9 trillion, up 36% and 6%, respectively, compared to the end of 2024. Cash and cash equivalents reached VND 48.8 trillion, a strong 69% increase, reflecting healthy operating cash flow. Inventories amounted to VND 125.6 trillion, up 130% from the end of 4Q2024, primarily due to the accelerated development of large-scale projects, indicating positive investment progress ahead of the upcoming sales cycle.

Consolidated net revenue for the first nine months reached VND 51.1 trillion. On a normalized basis — including revenue from business cooperation contracts and bulk transactions recognized as financial income — adjusted revenue totaled VND 70.4 trillion, delivering profit after tax of VND 15.3 trillion.

The highlight of the quarter was Vinhomes Green Paradise, a next-generation township in Can Gio, Ho Chi Minh City, spanning 2,870 hectares. Positioned as a Green – Smart – Ecological – Regenerative/Resilient City, the project is developed under the pioneering ESG++ model. Key features include the 800-hectare Paradise Lagoon, the 7-hectare Blue Wave Theatre, and Vietnam’s largest integrated 5-star resort complex. The project targets international sustainability certifications such as BREEAM Communities and ISO 37122, and will operate on 100% renewable energy with a green mobility system. Vinhomes Green Paradise is set to become a new coastal icon of Vietnam and the world in the coming decade, as it stands to benefit from major infrastructure developments such as the proposed 350 km/h high-speed railway, Can Gio Bridge, the Ben Luc – Long Thanh expressway – Rung Sac interchange, and the proposed Vung Tau – Can Gio sea-crossing bridge.

In parallel, to commemorate the 80th Anniversary of Vietnam’s National Day, Vinhomes and Vingroup inaugurated and commenced construction on six major landmark projects nationwide. The highlight was the Vietnam Exhibition Fair Center in Dong Anh, Hanoi, completed in just under 10 months of construction. At the same time, the Royal Bridge in Hai Phong officially opened to traffic, reducing travel time from Vinhomes Royal Island to the city center to five minutes. In addition, the 18-hole international-standard golf course in Quang Hanh (Quang Ninh), Vinhomes Industrial Park in Vung Ang (Ha Tinh), and Phuoc Vinh Tay Township in Tay Ninh also commenced construction, marking a strategic step in Vinhomes’ nationwide expansion journey. These nation-defining projects not only catalyze economic growth, infrastructure, industry, and tourism in their respective regions, but also underscore Vinhomes’ pioneering role in building national capacity and accompanying Vietnam on its path of growth and global integration.

Beyond project development, Vinhomes’ mega-townships continue to stand out as vibrant communities and premier lifestyle-and-leisure destinations across the country. In Ocean City (East Hanoi), the integrated township is now home to over 90,000 residents and welcomes more than 10 million visitors annually, emerging as one of Northern Vietnam’s most dynamic destinations. The area features over 2,000 bustling retail outlets, nearly 100 comprehensive amenities in education, healthcare, shopping, and entertainment, as well as a series of large-scale community events such as the 7UP Water Splash Concert and Happy Moon Festival. In Vinhomes Royal Island (Hai Phong), just over a year since its debut, the project has rapidly evolved into the new urban and leisure hub of the port city, with an impressive lineup of existing and upcoming facilities including Vincom Mega Mall, 5-star Vinmec Clinic, the 2,000m² Royal Crystal Pool, and Vinschool K–12 Education Campus. During the 80th National Day celebrations, Vinhomes’ townships nationwide drew hundreds of thousands of residents and visitors, with Vinhomes Royal Island alone welcoming nearly 250,000 guests in just four days — reaffirming its position as a symbol of modern living and sustainable community connection.

Vinhomes’ unwavering commitment to sustainable development, innovative urban models, and enhanced resident experience continues to earn prestigious recognition both domestically and internationally. The company ranked 7th in Vietnam’s Top 100 Brands 2025 by Brand Finance, up two positions from 2024, with a brand value of USD 1.6 billion (+14% YoY)— reaffirming its status as Vietnam’s most valuable real estate brand. Vinhomes was also honored with the Asia Pacific Enterprise Award (APEA) 2025 – Corporate Excellence Award for the second time, recognizing its excellence in business performance, innovation, and social responsibility. In addition, Vinhomes Green City was named “Project of the Year” at the Dot Property Vietnam Awards 2025, highlighting its pioneering position as the first and only All-in-One township in the strategic Northwest growth corridor of Ho Chi Minh City.

Vinhomes’ outstanding third-quarter results provide a strong foundation to deliver on its 2025 guidance, as the Vietnamese real estate market enters a new growth cycle, supported by improved infrastructure, and rising investor confidence.