Vinhomes (VHM) Investor presentation summary

Scale and performance

• 32 urban developments and 650,000 residents; 350,057 residential units presold since 2010, with VND 1,098tn in cumulative contracted sales.

• 1Q2026 adjusted revenue was VND 71.5tn, up 271% YoY; net profit after tax was VND 25.6tn, up 866% YoY.

• 1Q2026 contracted sales reached VND 81.7tn, up 133% YoY; unbilled sales stood at VND 201.6tn at March 2026.

Market and sector

• 2026 GDP growth target of 10%+, with infrastructure rollout, administrative reforms and improved capital access cited as real estate growth supports.

• Hanoi 1Q2026 condominium supply: 8,010 units launched and 5,382 sold; market average prices rose 8% YoY.

• Greater HCMC 1Q2026 condominium supply: 4,188 units launched and 2,944 sold; market average prices rose 10.7% YoY.

• Infrastructure pipeline includes 3,400 km of main expressways completed by end-1Q2026 and 600 projects launched with investment above VND 5,140tn.

Land bank and portfolio

• Residential land bank totals 368.8m sqm, over 10x the nearest competitor; 83% is allocated to pipeline projects, supporting multi-decade development visibility.

• Portfolio spans residential from luxury to social housing, office leasing, industrial real estate, property management and construction services.

• Office land bank totals 2.9m sqm with 75% occupancy; industrial land bank totals 21m sqm, with 13% operational and 87% in pipeline.

• Integrated township strategy combines Vingroup amenities with ESG, smart-living and transit-oriented development principles.