Vincom Retail Jsc · HOSE:VRE
Vincom Retail Jsc — Vincom Retail — Investor Presentation (June 2026)
25 slides from Vincom Retail Jsc's investor presentation, June 2026
Slide 1: Corporate Presentation
VINCOM RETAIL CORPORATE PRESENTATION 1 Corporate Presentation June 2026
Slide 2: Disclaimer
VINCOM RETAIL CORPORATE PRESENTATION 2 Disclaimer IMPORTANT: The information contained herein is preliminary and subject to change without notice, its accuracy is not guaranteed, has not been independently verified and may not contain all material information concerning Vincom Retail Joint Stock Com
Slide 3: Table of content
VINCOM RETAIL CORPORATE PRESENTATION 3 Table of content 1 Vincom Retail: The market leader in Vietnam 2 Key investment highlights 3 Appendix: 1Q2026 performance & Vision for 2026 onwards Vincom Plaza Ha Long – Quang Ninh
Slide 4: 1. Vincom Retail – The market leader in Vietnam
V VI N I NCCOOMM RREETTAAI ILL CCOORRPP O O RR A A TT E E PRESEN N TT AA TT IIOONN 4 1. Vincom Retail – The market leader in Vietnam
Slide 5: Emergence of Vincom Retail as a pioneer and clear market leader
VINCOM RETAIL CORPORATE PRESENTATION 5 Emergence of Vincom Retail as a pioneer and clear market leader 2015 – 2025 CAGR 2026: Vincom Collection 9% 13% Retail GFA Leasing revenue 1st Life-Design mall – Vincom Mega Mall Smart City Retail GFA (‘000 sqm) IEO1 and listed on Covid-19 outbreak Leasing Reve
Slide 6: Vincom Retail's unique and dominant position
VINCOM RETAIL CORPORATE PRESENTATION 6 Vincom Retail’s unique and dominant position Multi – format retail malls The ultimate shopping destination of cities and provinces across the country Vincom Center (12% of total GFA) Vincom Mega Mall (34% of total GFA) 90 31/34 cities & provinces Hanoi & HCMC O
Slide 7: 2. Key investment highlights
VINC COOM M R R EETTAAI ILL CCOORRPPOORRAATTEE PPRRE ES S EENN TATT A ITOI O NN 7 2. Key investment highlights 2.1 Structural macro tailwinds amplify Vietnam’s compelling retail growth story 2.2 Vietnam Retail malls: Limited supply and strong demand 2.3 Vincom Retail – The undisputed partner of choi
Slide 8: A large, urbanizing population and accelerating consumption underpin structural retail demand
VINCOM RETAIL CORPORATE PRESENTATION 8 2.1 A large, urbanizing population and accelerating consumption underpin structural retail demand Third most populous country in the Southeast Asia with low-base disposable income …..and rising trend of urbanization per capita... 2025 population (mn) and 2025 d
Slide 9: Further backed by the government's robust pro-growth policy agenda
VINCOM RETAIL CORPORATE PRESENTATION 9 2.2 Further backed by the government's robust pro-growth policy agenda Vietnam enters a new growth cycle with new engines from both institutional reforms and An ambitious public infrastructure investment cycle expected to raise GDP contribution administrative r
Slide 10: Vietnam retail malls: Limited supply and strong demand
VINCOM RETAIL CORPORATE PRESENTATION 10 2.2 Vietnam retail malls: Limited supply and strong demand Total retail sales1 growth expected to remain in double digits through 2028 Vietnam’s retail NLA per capita is considerably lower compared to the region Total retail sales (USD bn) 1.07 Retail NLA2 per
Slide 11: Vincom Retail - Vietnam's undisputed choice for domestic and international partners
VINCOM RETAIL CORPORATE PRESENTATION 11 2.3 Vincom Retail - Vietnam’s undisputed choice for domestic and international partners The trusted partners for first-time entrants into the Vietnam market… Best-in-class tenant portfolio Beauty Fashion F&B Entertainment Life-style & Supermarkets Supermarkets
Slide 12: Unrivalled position by partnering with Vingroup
VINCOM RETAIL CORPORATE PRESENTATION 12 2.4 Unrivalled position by partnering with Vingroup – A launchpad to create best-in-class products Access to unrivaled landbank through business cooperation contracts1 with Vietnam’s largest Benefiting from Vingroup reputation to attract flagship and exclusive
Slide 13: Strong asset productivity driven by operational excellence
VINCOM RETAIL CORPORATE PRESENTATION 13 2.5 Strong asset productivity driven by operational excellence Sustaining strong occupancy levels with consistent quarter-on-quarter improvement Higher mall footfall driving tenant sales Period-end committed occupancy1 across mall formats 96.7% 96.4% 96.7% 96.
Slide 14: Financial resilience through recurring income and a conservative balance sheet (1)
VINCOM RETAIL CORPORATE PRESENTATION 14 2.6 Financial resilience through highly visible recurring income and a conservative balance sheet (1) Stable revenue from leasing activities, driven mainly by fixed-rent contracts Gross profit margin remain stable throughout the years Unit: VND bn Unit: VND bn
Slide 15: Financial resilience through recurring income and a conservative balance sheet (2)
VINCOM RETAIL CORPORATE PRESENTATION 15 2.6 Financial resilience through highly visible recurring income and a conservative balance sheet (2) Consistent total asset growth thanks to expanded footprint 1 A high amount of cash reserve is retained for future expansion Unit: VND bn Unit: VND bn 6.9% 9.8
Slide 16: Building a beyond-compliance Corporate Governance framework
VINCOM RETAIL CORPORATE PRESENTATION 16 2.7 Building a beyond-compliance Corporate Governance framework Fair Dealing & Principle Board Oversight & Governance Outcomes & ESG Integration & Digital Platforms & Governance Control Recognition Performance Enhancement of Management • The Board of Directors
Slide 17: Driving sustainable growth through environmental and social action
VINCOM RETAIL CORPORATE PRESENTATION 17 2.8 Driving sustainable growth through environmental and social action : new initiatives : continuation of current initiatives Environmental What we’ve done 2026 and forward targets Integrated energy-efficiency principles into 100% of new projects from the des
Slide 18: Appendix: 1Q/2026 Performance & Vision for 2026 onwards
V VI N I NCCOOMM RREETTAAI ILL CCOORRPP O O RR A A TT E E PRESEN N TT AA TT IIOONN 1188 Appendix: 1Q/2026 Performance & Vision for 2026 onwards
Slide 19: Amidst global headwinds, Vietnam remains an economic bright spot in the region
VINCOM RETAIL CORPORATE PRESENTATION 19 Amidst global headwinds, Vietnam remains an economic bright spot in the region… GDP in 1Q2026 grew by 7.8%, highest growth rate in the Inflation spiked in March & April, as global geopolitical PMI remained above 50 for 10 consecutive months past 15 years tensi
Slide 20: Reinforcing our position as the preferred partner for leading brands
VINCOM RETAIL CORPORATE PRESENTATION 20 Reinforcing our position as the preferred partner for leading domestic and international brands Continuing to serve as a launchpad for brands… ... and being a strategic partner for their future expansion plans Newly-leased area contribution by new Newly-leased
Slide 21: Continuing to elevate the customer experience across destinations
VINCOM RETAIL CORPORATE PRESENTATION 21 Continuing to elevate the customer experience across destinations Experience-led categories, including F&B and Entertainment, continued to account for a high Continue partnering with tenants to enhance customer experience proportion of new leasing area1, furth
Slide 22: Business performance continued to improve in 1Q2026
VINCOM RETAIL CORPORATE PRESENTATION 22 Business performance continued to improve in 1Q2026. Leasing revenue and NPAT increased by double-digit1 Unit: VND Billion 1Q2025 1Q2026 Change Notes Revenue from leasing of investment properties and rendering of related services 2,026.0 2,208.2 9.0% Excluding
Slide 23: 2026 Strategic Pillars
VINCOM RETAIL CORPORATE PRESENTATION 23 2026 Strategic Pillars: Driving Growth Through Tenant Expansion, Asset Enhancement, and Experience-Led Operations New shopping mall & Strategic milestone “Vincom Collection” Management and operational plan Vincom Plaza Dan Phuong First Vincom Collection Commer
Slide 24: Medium- and Long-Term Growth Driven by Next-Generation Retail and Sustainable Development
VINCOM RETAIL CORPORATE PRESENTATION 24 Medium- and Long-Term Growth Driven by Next-Generation Retail and Sustainable Development To position Vincom Retail as a leading retail real estate developer and operator in Asia, setting trends in customer experience and destination quality, owning a diversif
Slide 25: Investor Relations Department
VINCOM RETAIL CORPORATE PRESENTATION 25 Vincom Mega Mall Smart City – Hanoi Investor Relations Investor Relations Department Department VincomVincom Retail JSC Retail JSC Symphony Office Tower, Symphony Chu HuyChu Office Tower, Man Street, Huy Man Street, Vinhomes Riverside Eco-Urban Area, Phuc Loi