1Q 2Q 3Q 4Q

600

500

400

300

200

100

0
Jan-18 Nov-18 Sep-19 Jul-20 May-21 Mar-22 Jan-23 Nov-23
Total retail sales

1Q 2Q 3Q 4Q Vietnam USA EU China Indonesia Malaysia Philippines Singapore Thailand Services

Retail sales of goods and services

Manufacturing

750
Real Estate
700

Manufacture and distribution of electric, 650

gas, hot water, steam, and AC
600

Financial, banking, and insurance 550

500
Professional, scientific, and technical
activities 450

400
Other sectors 2019 2020 2021 2022 2023E 2024P
2019 2020 2021 2022 2023
6.0%

5.0% 12%

10%
4.0%
8%
3.0%
6%
2.0%
4%
1.0%
2%

0.0% 0%
Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23

Core Inflation Rate Consumer price index 2023 inflation ON 1w 1m

20%
25,500

25,000 16%

24,500
12%

24,000
8%
23,500

4%
23,000

22,500 0%
Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Feb-23 Mar-23 Jul-23 Sep-23 Oct-23 Dec-23

Central Exchange Rate (VND) SBV Exchange Rate (VND) Preferential mortgage interest rates Lending rate after grace period - LHS
Deposit Rates (Max | 6-12 months) Deposit Rates (Min | 6-12 months)
✓
✓

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• • • • • • •
• •
• • • •
• • •
• • • •
• •
• • • •
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• • • • • •
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 120
120

100 100

80 80

60 60

40 40

20 20
✓ ✓
✓
- 0
2019 2020 2021 2022 2023 Dec-19 Dec-20 Dec-21 Jun-22 Dec-22 Jun-23 Dec-23

140

120

100

80

60

40

20
✓ ✓
0
2020 2021 2022 1Q23 2Q23 3Q23 4Q23 2023
 ✓ ✓
✓ ✓
2019 2020 2021 2022 2023

✓ ✓
✓ ✓

2019 2020 2021 2022 2023

✓ ✓
2019 2020 2021 2022 9M2022 ✓ ✓
2019 2020 2021 2022 2023 2024T 2019 2020 2021 2022 2023 2024T
 4Q2022 1Q2023 2Q2023 3Q2023 4Q2023 4Q2022 1Q2023 2Q2023 3Q2023 4Q2023

800
700
600
500
400
300
200
100
0
4Q2022 1Q2023 2Q2023 3Q2023 4Q2023 4Q2022 1Q2023 2Q2023 3Q2023 4Q2023

Owned by Vinpearl Vinpearl manages (VinWonders Nha Trang, Grandworld Phu Quoc)
✓

✓
2019 2020 2021 2022 2023

2019 2020 2021 2022 2023 ✓

✓
✓
✓
✓
✓
✓

✓
✓ ✓ ✓

✓
✓

✓
✓

✓
✓

✓
✓
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✓ ✓ ✓
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 120,838
84,888

84,156
99,058

67,312
43,777

46,661
33,892

2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023

Recurring revenue Property sales

2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023

2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023
 7,000

5,000

3,000

1,000

(1,000)

(3,000)

(5,000)

2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023

900

700

500

300

100

(100)

(300)

2020 2021 2022 2023 2020 2021 2022 2023 2020 2021 2022 2023
 Property sale

Industrials

Hospitality & entertainment

Leasing
2020 2021 2022 2023 Dec-20 Dec-21 Dec-22 Dec-23 Healthcare & education

Others
Total Debt / EBITDA Net Debt / EBITDA Total assets Total equity
Revolving bank loan Less than 1 year 1-3 years 3-5 years More than 5 years

Corporate bond Syndicated loan Bank borrowings & others

Vinhomes Ocean Park
•

•
• • •

• •

•
•
•
• • •

•
•

•
•
−
−
−
•
−

−
−
•
−
−
−