According to the 2025 financial report, for the first time, 14 businesses reached a pre-tax profit exceeding VND 1 trillion. VietCredit (TIN) attracted attention as one of the few businesses showing a strong recovery in financial indicators.
The Transformation in Scale of Vietnamese Businesses
As of now, among the businesses that have publicly disclosed their financial data, in 2025, at least 114 units recorded pre-tax profits of VND 1 trillion or more. This is clear evidence that the expansion of operations is taking place on a large scale, not only in diversified corporations but also spreading to specialized service groups and intermediary financial institutions.
Notably, 14 businesses have surpassed the trillion-VND profit mark for the first time, while dozens of other businesses are also approaching this threshold after a year of strong growth. The simultaneous emergence of this group of businesses indicates that the economy is entering a phase of in-depth growth, where entities that have undergone long periods of accumulation or drastic restructuring are beginning to reap the rewards.
Within this overall picture, VietCredit (TIN) is simultaneously included in the list of 114 “trillion-VND” businesses in 2025 and the list of 14 businesses that are reaching this milestone for the first time. With pre-tax profits reaching VND 1,303 billion in 2025, VietCredit has marked a significant turnaround compared to its VND 156 billion loss in 2024.
[Image: 14 businesses achieving the trillion-VND profit milestone for the first time among 114 businesses in Vietnam achieving profits exceeding VND 1,000 billion in 2025 (based on published financial reports)]
A bright spot in recovery, reshaping, and strong growth
Among the businesses that broke through last year, VietCredit (stock code: TIN) is one of the most impressive cases for analysts. Observing its profit trajectory from 2021 to 2025, one can see a spectacular “comeback” effort.
While VietCredit recorded a loss of VND 156 billion in 2024 due to the general difficulties in the consumer finance market, by 2025, it had accelerated to reach a profit of VND 1,303 billion. This figure not only marks a revival from its difficult “bottom” but also represents the highest profit for the company in the past five years.
The shift from a loss to a profit of billions of VND in just one year demonstrates the clear effectiveness of its operational restructuring roadmap. VietCredit has successfully optimized operating costs, implemented rigorous risk management, and, most importantly, quickly adapted to the digital finance trend to maintain growth momentum in a volatile market.
This is not short-term growth, but the result of rebalancing between scale expansion and risk control – a key factor for businesses in the consumer finance sector.
In addition, VietCredit is also accelerating its shift towards digital financial models, leveraging its partner ecosystem and digital distribution channels to expand its customer base. The digitization of processes, optimization of user experience, and diversification of financial products have contributed to improving the efficiency of acquiring existing customers while expanding access to new segments.
The synergy from the financial and securities sector
VietCredit’s breakthrough is not isolated but part of the general recovery trend of the financial and securities sector. Stable financial demand and capital markets have provided leverage for companies with strong governance to rise to the top: MB Securities (MBS): Reached VND 1,415 billion; HD Securities (HDBS): Reached VND 1,284 billion; ACBS: Recorded VND 1,254 billion; Electricity Finance (EVF): Reached VND 1,104 billion.
In addition, the market also witnessed a strong comeback from businesses in the retail and manufacturing sectors such as FPT Retail, Navico (ANV), and PC1 Group (1,565 billion VND). This shows that the growth trend is gradually becoming more balanced and sustainable across industries.
VietCredit’s results also reflect the general trend of the consumer finance industry in 2025. After a period of rapid growth and sharp correction, the market is entering a more stable cycle, with the focus shifting from rapid growth to sustainable growth.
Businesses in the industry are increasingly focusing on credit quality, debt recovery efficiency, and risk management capabilities, instead of just focusing on expanding loan balances. This helps improve profit margins while minimizing the negative impact of macroeconomic fluctuations.
Simultaneously, the development of digital platforms, cashless payments, and embedded finance models is also opening up new opportunities for the industry. Financial products are increasingly integrated directly into users’ daily consumption behavior, from shopping and payments to consumer loans, creating a more flexible and convenient financial ecosystem.
Expectations for a New Growth Cycle
The increasing number of businesses achieving large-scale profitability not only signifies business results but also reflects the gradually strengthening market confidence.
For VietCredit specifically, the milestone of VND 1,303 billion in 2025 is a crucial foundation for the company to further penetrate the digital finance segment and expand its influence. From a company facing significant pressure in the past, VietCredit has gradually repositioned itself and rebuilt a more sustainable growth foundation.
With many other businesses also approaching the trillion-VND mark (such as F88 with VND 908 billion or GEC with VND 979 billion), the race to join the leading group is predicted to remain intense in 2026.
Efforts in management capabilities and technology application will continue to play a decisive role, opening up expectations for a new, breakthrough growth cycle for the Vietnamese business community in the future.
With many businesses approaching trillion-VND profit milestones and continuing to expand, the market is expected to enter a new phase of competition, with higher demands on management capabilities, technology, and customer experience. This will also be a decisive factor in determining the position of businesses in the next growth cycle.