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Vietnamese tycoon selling iPhones is lending VND 100 billion to billionaire Pham Nhat Vuong's company

Digiworld (DGW) reported third-quarter 2026 net revenue of VND 11,022 billion, up 49%, and after-tax profit of over VND 278 billion, up 65%. For the first nine months, revenue reached VND 26,796 billion and after-tax profit reached VND 789 billion, double the same period last year. The company has completed about 85% of its full-year revenue plan and exceeded its after-tax profit target of VND 660 billion by nearly 20%. Its securities investments, however, posted a net loss of nearly VND 8 billion from settled trades, and the cost of its stock portfolio fell over 74% from the start of the year to nearly VND 200 billion. Digiworld held over VND 695.8 billion in bank and corporate bonds at September 30, including more than VND 100.4 billion in bonds from Cần Giờ Urban Tourism JSC, a Vingroup subsidiary, at 10.5% annual interest maturing on November 6, 2026.

Summary written by Upside AI from the original article. Read the source for full details.

Original headline: “Đại gia” Việt bán iPhone đang cho công ty của tỷ phú Phạm Nhật Vượng vay 100 tỷ đồng

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MarketVietnam stocks
ExchangeHOSE
SectorReal Estate
IndustryReal Estate Holding & Development
Market cap1,850,989 bn VND
P/E86.9
P/B10.82
Close on 10/28/2026241.00
Change that session+0.33%
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