This achievement is a testament to Vincom Retail's efforts in improving management quality, increasing business efficiency, and affirming its position as the leading retail real estate developer in Vietnam.

Accordingly, Vincom Retail is the only representative in the retail real estate sector honored by Forbes Vietnam in the list of 25 leading brands in Vietnam, with a brand value of 300.5 million USD, an increase of nearly 1.8 times in value and an increase of 2 ranks compared to the ranking announced by Forbes Vietnam in 2020. The ranking was built by Forbes Vietnam based on financial data of enterprises listed on the Vietnamese stock market.

At the same time, Vincom Retail is also in the Top 50 listed enterprises with the best corporate governance practices in Vietnam, based on the VNCG50 criteria initiated by the Vietnam Institute of Directors (VIOD), with the support of the International Finance Corporation (IFC), the Swiss State Secretariat for Economic Affairs (SECO) and the State Securities Commission (SSC).

Photo 1_ LM81.jpg
The system of 88 Vincom shopping malls nationwide is planned with smart, methodical product lines and operated professionally. Photo: Vincom

Being continuously ranked by prestigious organizations shows Vincom Retail's efforts over the past 20 years of building and developing the brand. This success also demonstrates the company's correct business strategy and flexible adaptability to the rapid changes of the economy in general and the retail industry in particular.

Vincom Retail is considered to have successfully built a governance model according to international standards, which is a launching pad for the brand to maintain its leading position in the retail real estate industry and maintain growth over the years. In 2024, this shopping mall chain has excellently demonstrated its role as a "Green Leader" through initiatives to build green consumption habits such as "Go Green - Shop Green - Live Green - Have Fun Green", protecting the environment, saving energy and reducing waste throughout the system. Vincom Retail is also one of the companies that is highly appreciated for its transparent and timely information disclosure, creating trust with investors and customers.

Photo 2_ Certificate.jpg

Vincom Retail also contributes to promoting the Vietnamese retail industry by creating a modern shopping - entertainment - culinary space, with unique and novel experiences. "Going to Vincom" has become a popular keyword for Vietnamese people when the system of 88 Vincom shopping malls is a gathering place for famous domestic and international brands, high-class cultural - entertainment events.

Recently, the series of events celebrating the 20th anniversary of Vincom's establishment and development took place from October 23, 2024 to November 23, 2024, with the highlight being the music night "Coming to Vincom - Hello New Me" which was in the top of the event and music rankings according to Kompa, YouNet, ... with millions of views and discussions.

Photo 3_ 2024 Shareholders' Meeting.jpg
Information transparency is the guiding principle in Vincom Retail's management activities to ensure compliance with the law. Photo: Vincom

In addition to creating commercial projects that contribute to changing the urban landscape, Vincom Retail especially emphasizes social responsibility in business activities. In 2024, the company accompanied the Vingroup ecosystem in the program "Sowing seeds of kindness" to support people affected by super typhoon Yagi. The proportion of women in the Board of Directors and Executive Board of Vincom Retail is also higher than average, creating a diverse and creative working environment.

Photo 4_ Solar battery parking lot.jpg
Parking lots at Vincom shopping malls use solar panels. Photo: Vincom

Ms. Pham Thi Thu Hien - General Director of Vincom Retail Joint Stock Company shared: “During 20 years of building and developing the brand, Vincom Retail's aspiration is to become a brand that is close and familiar to consumers, through focusing on creating modern shopping centers, bringing unique and classy experiences. In the coming time, Vincom Retail will continue to promote core values, well implement the goal of sustainable development, thereby effectively promoting business strategies, expanding brand footprint, increasing attractiveness to domestic and international customers and investors".

With a professional and transparent management system according to international practices, in 2025, Vincom Retail will continue to expand the system with modern shopping centers and bustling commercial areas, thereby increasing the value of the brand and contributing to promoting the development of Vietnam's economy.

The Dinh