Among the largest distributions is that of property developer Vinhomes (HoSE: VHM), which plans to pay a cash dividend of VND6,000 ($0.23) per share, or 60% of par value, on July 22. The ex-dividend date is June 29 and the record date is June 30.

With more than 4.1 billion shares outstanding, Vinhomes expects to distribute over VND24.64 trillion ($937.04 million). Its parent company, Vingroup, which owns about 72% of the developer, is set to receive more than VND17.7 trillion ($673 million) in cash.

In addition to the cash payout, Vinhomes plans to issue more than 4.1 billion bonus shares on a one-for-one basis, doubling its share count and raising charter capital to more than VND80 trillion ($3.04 billion). The issuance will be funded from retained earnings as of the end of 2025.

Retail property operator Vincom Retail (HoSE: VRE), another unit of the Vingroup ecosystem, will pay a cash dividend of VND1,000 ($0.04) per share, equivalent to a 10% payout ratio, with an ex-dividend date of June 30 and payment scheduled for July 22.

The company expects to distribute more than VND2.27 trillion ($86.39 million), with its two largest shareholders, SADO Trading Investment JSC and Vingroup, receiving approximately VND943 billion and VND422 billion ($16.05 million), respectively.

The payment marks Vincom Retail's first cash dividend in seven years after previously retaining earnings to support business expansion.

Leading dairy producer Vinamilk (HoSE: VNM) will pay the remaining 2025 cash dividend of VND1,850 ($0.07) per share, or 18.5% of par value, on July 17. The company will distribute around VND3.87 trillion ($147.15 million) based on its nearly 2.09 billion shares outstanding.

Combined with an interim cash dividend of 25% paid in October 2025, Vinamilk's total cash dividend for 2025 amounts to 43.5%. The company has also indicated that it plans to maintain a minimum cash payout equivalent to 50% of consolidated net profit for 2026.

Elsewhere, Viettel Consulting and Services JSC (UPCom: VTK) will pay a 15% cash dividend, or VND1,500 ($0.06) per share, on July 20.

With nearly 9.4 million outstanding shares, the company plans to pay out approximately VND14.1 billion ($536,120), of which the parent company - Military Industry-Telecoms Group (Viettel) - will receive nearly VND9 billion. This marks the third consecutive year that VTK has maintained a 15% cash dividend.

Dragon Capital Vietnam (UPCom: DCV) plans to distribute a 30% cash dividend, or VND3,000 ($0.11) per share, on July 17. With over 31.2 million outstanding shares, the company will spend more than VND93 billion ($3.54 million)

Two major shareholders, Dragon Capital Markets (Europe) and Dragon Capital Management Limited, are expected to receive approximately VN 45 billion and VND37 billion, respectively.

State-controlled miner Vimico (HNX: TKV) is set to make one of the largest shareholder distributions by ratio, with a combined dividend of 90.5%, including a 40.5% cash payment (VND4,050) and a 50% stock dividend. Cash payments of about VND810 billion ($30.8 million) are scheduled for August 5 following a July 15 record date.

Textile manufacturer Vinatex Danang will also pay a 40% cash dividend, equivalent to VND4,000 per share, with shareholders on record as of July 9 eligible for payment beginning July 30.

The cluster of dividend announcements reflects strong earnings reported by many Vietnamese listed companies in 2025 and signals continued willingness to return profits to shareholders through a combination of cash distributions and bonus share issues.