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Vinhomes JSC

Companies/Vietnam  •  Curated by Admin Timeline.sg

Corporate history of Vinhomes JSC, a Vietnamese real estate developer founded in 2010 as a subsidiary of Vingroup. The company became the largest real estate developer in Vietnam by market capitalization after its IPO on HOSE in 2018, launching numerous landmark projects and achieving significant financial milestones.

Chronological Storyline (35 Milestones)

Jul 1, 2010 CE

Vinhomes Founded

Vinhomes JSC is established as a wholly-owned subsidiary of Vingroup, focusing on high-end residential real estate development in Vietnam. #realestate #Vietnam

Mar 1, 2011 CE

Launch of Vinhomes Riverside

Vinhomes launches its first major project, Vinhomes Riverside, a high-end residential complex in Hanoi, setting the standard for luxury living in Vietnam. #realestate #Vinhomes

Sep 1, 2012 CE

Vinhomes Times City Launch

Vinhomes Times City, a large mixed-use development in Hanoi, is launched, featuring shopping malls, schools, and residential towers. #realestate #Hanoi

Vinhomes Times City Launch
Vinhomes Times City Launch
By Newone - Own work, CC BY-SA 3.0, https://commons.wikimedia.org/w/index.php?curid=28020934
Oct 1, 2013 CE

Vinhomes Royal City Launch

Vinhomes Royal City, a high-end residential and commercial complex in Hanoi, is introduced, becoming a landmark in the city's skyline. #realestate #Vietnam

Nov 1, 2014 CE

Vinhomes Central Park Launch

Vinhomes Central Park, a large-scale residential project in Ho Chi Minh City, launches, expanding Vinhomes' presence to the southern economic hub. #realestate #HCMC

Jun 1, 2015 CE

Vinhomes Golden River Launch

Vinhomes Golden River, a luxury riverside development in Ho Chi Minh City, is launched, featuring modern amenities and smart home technology. #realestate #luxury

Apr 1, 2016 CE

Smart Home Technology Introduction

Vinhomes integrates smart home technology into its projects, offering automated lighting, security, and energy management systems to residents. #technology #smartcity

Jan 1, 2017 CE

VinCity Affordable Housing Brand Launch

Vinhomes launches VinCity, a new brand targeting middle-income homebuyers, with projects offering affordable apartments in major cities. #affordablehousing #Vietnam

May 8, 2018 CE

Vinhomes IPO on HOSE

Vinhomes completes its initial public offering on the Ho Chi Minh Stock Exchange, raising VND 31 trillion ($1.35 billion). #IPO #finance

Aug 20, 2018 CE

Vinhomes Shares Begin Trading

Vinhomes shares start trading on HOSE under ticker VHM, with an initial market capitalization of over VND 200 trillion. #stockmarket #Vietnam

Dec 1, 2018 CE

Market Cap Exceeds $8.6 Billion

Vinhomes' market capitalization surpasses VND 200 trillion (approx $8.6 billion), making it one of the most valuable real estate companies in Southeast Asia. #marketcap #realestate

Mar 1, 2019 CE

Largest Real Estate Developer by Market Cap

Vinhomes becomes the largest real estate developer in Vietnam by market capitalization, surpassing previous leader Novaland. #realestate #leadership

Jun 1, 2019 CE

Vinhomes Grand Park Launch

Vinhomes Grand Park, a large-scale smart residential complex in Ho Chi Minh City, is launched featuring green spaces and modern facilities. #smartcity #HCMC

Sep 1, 2019 CE

Vinhomes Ocean Park Launch

Vinhomes Ocean Park, a beach-themed residential development in Hanoi, is launched, offering a seaside living experience in the capital. #realestate #Hanoi

Jan 1, 2020 CE

Expansion of VinCity Projects

Vinhomes announces expansion of VinCity affordable housing projects to meet growing demand from middle-income buyers across Vietnam. #affordablehousing #expansion

Apr 1, 2020 CE

COVID-19 Impact and Digital Sales Shift

Amid the COVID-19 pandemic, Vinhomes shifts to online sales platforms and virtual tours, maintaining sales momentum despite lockdowns. #COVID19 #digital

Aug 1, 2020 CE

Vinhomes Smart City Launch

Vinhomes Smart City, an integrated smart urban area in Ho Chi Minh City, is launched, incorporating IoT and AI technologies. #smartcity #technology

Dec 1, 2020 CE

2020 Revenue Reaches VND 40 Trillion

Vinhomes reports total revenue of VND 40 trillion ($1.7 billion) for the fiscal year 2020, driven by strong sales from ongoing projects. #revenue #finance

Mar 1, 2021 CE

Vinhomes Wonder City Launch

Vinhomes Wonder City, a large-scale urban area in Dong Nai province, is launched, featuring residential, commercial, and educational facilities. #realestate #expansion

Jun 1, 2021 CE

Partnership with Foreign Firms for Smart City

Vinhomes partners with international technology firms to develop smart city solutions, including AI and big data analytics for urban management. #partnership #smartcity

Sep 1, 2021 CE

Record Half-Year Net Profit of VND 25 Trillion

Vinhomes reports net profit of VND 25 trillion ($1.08 billion) for the first half of 2021, a record high driven by strong presales. #profit #finance

Dec 1, 2021 CE

Market Cap Hits VND 500 Trillion

Vinhomes' market capitalization reaches VND 500 trillion (approx $21.5 billion), making it the most valuable real estate firm in Southeast Asia. #marketcap #record

Feb 1, 2022 CE

Launch in Hai Phong

Vinhomes launches its first project in Hai Phong city, expanding its footprint to northern coastal regions. #expansion #Vietnam

May 1, 2022 CE

Best Real Estate Developer in Asia Award

Vinhomes wins the 'Best Real Estate Developer in Asia' award at the Asia Property Awards, recognizing its excellence in design and innovation. #award #realestate

Aug 1, 2022 CE

H1 2022 Pre-Tax Profit of VND 18 Trillion

Vinhomes reports pre-tax profit of VND 18 trillion ($770 million) for the first half of 2022, despite macroeconomic challenges. #profit #finance

Nov 1, 2022 CE

Vinhomes Global Gate Project Announced

Vinhomes announces Vinhomes Global Gate, a massive mixed-use development in Hanoi, aiming to become a new urban hub. #development #Hanoi

Jan 1, 2023 CE

Impact of New Land Law Amendments

Amendments to Vietnam's Land Law affect Vinhomes' land acquisition strategies, prompting adjustments to project pipelines. #regulation #realestate

Apr 1, 2023 CE

First Project in Da Nang

Vinhomes launches its first residential project in Da Nang, a major central city, expanding its geographic diversification. #expansion #Vietnam

Jul 1, 2023 CE

Record Pre-Tax Profit of VND 35 Trillion in 2022

Vinhomes reports a record pre-tax profit of VND 35 trillion ($1.5 billion) for the fiscal year 2022, driven by high-margin project deliveries. #profit #record

Oct 1, 2023 CE

Sustainability Initiatives with Green Certifications

Vinhomes introduces sustainability initiatives, including green building certifications (EDGE, LOTUS) across its new projects. #sustainability #greendevelopment

Jan 1, 2024 CE

Launch of Vinhomes Royal Park

Vinhomes Royal Park, a high-end residential complex in Hanoi's western area, is launched, featuring luxury amenities and green spaces. #luxury #Hanoi

Mar 1, 2024 CE

Expansion into Secondary Cities

Vinhomes announces plans to expand into secondary cities such as Can Tho, Nha Trang, and Hue to capture growing demand. #expansion #Vietnam

Jun 1, 2024 CE

CEO Nguyen Viet Quang Appointed

Nguyen Viet Quang is appointed as CEO of Vinhomes, succeeding interim leadership, to steer the company through new growth phases. #leadership #CEO

Sep 1, 2024 CE

Market Cap Recovery After Downturn

Vinhomes' market capitalization recovers to over VND 300 trillion following a market downturn, reflecting investor confidence. #marketcap #recovery

Dec 1, 2024 CE

New Smart City Project in HCMC

Vinhomes launches a new smart city project in Ho Chi Minh City, integrating advanced AI and IoT technologies for urban living. #smartcity #technology