VNG (HSTC:VNZ) Construction In Progress: ₫263,862 Mil (As of Mar. 2026)


HSTC:VNZ VNG Corp HSTC:VNZ
74 GF Score
Price ₫400,000.00
GF Value ₫645,424.30
Valuation Significantly Undervalued
! 6 Warning Signs
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What is VNG Construction In Progress?

VNG HSTC:VNZ -2.44% 74 Construction In Progress is ₫263,862 Mil as of Mar. 2026. GuruFocus rates HSTC:VNZ with a GF Score™ of 74/100 and a GF Value™ of ₫645,424.30 (Significantly Undervalued). The stock has 6 warning signs investors should review.

VNG's quarterly construction in progress increased from Sep. 2025 (₫110,774 Mil) to Dec. 2025 (₫129,769 Mil) and increased from Dec. 2025 (₫129,769 Mil) to Mar. 2026 (₫263,862 Mil).

VNG's annual construction in progress declined from Dec. 2023 (₫212,985 Mil) to Dec. 2024 (₫124,460 Mil) but then increased from Dec. 2024 (₫124,460 Mil) to Dec. 2025 (₫129,769 Mil).

VNG Construction In Progress Historical Data

* Premium members only.

The historical data trend for VNG's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

VNG Construction In Progress Chart

VNG Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial 211,820.79 1,038,718.55 212,985.45 124,460.32 129,768.85

VNG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 162,195.27 110,773.59 129,768.85 263,861.61
HSTC:VNZ
74GF Score
VNG Corp HSTC:VNZ
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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VNG Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ₫263,862 Mil mean?
VNG (HSTC:VNZ) has a Construction In Progress of ₫263,862 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on VNG and its competitors.
Is VNG's Construction In Progress too high?
VNG's current Construction In Progress is ₫263,862 Mil. Overall, VNG has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does VNG's Construction In Progress compare to UBER and SHOP?
VNG's Construction In Progress of ₫263,862 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Software company?
A good Construction In Progress depends on the Software industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on VNG and its competitors. VNG's current Construction In Progress is ₫263,862 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VNG stock overvalued right now?
Based on GuruFocus' analysis, VNG (HSTC:VNZ) is currently considered Significantly Undervalued. The stock's GF Value™ is ₫645,424.30, compared to a current price of ₫400,000.00 — trading 38% below its estimated fair value. The current Construction In Progress is ₫263,862 Mil. VNG's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For VNG (HSTC:VNZ), the current Construction In Progress is ₫263,862 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is VNG (HSTC:VNZ) Overvalued in 2026?

Based on GuruFocus' analysis, VNG stock appears to be undervalued. The current stock price of ₫400,000.00 is trading 38% below its estimated GF Value™ of ₫645,424.30. GuruFocus considers VNG to be Significantly Undervalued.

Key valuation signals for HSTC:VNZ:

  • Construction In Progress: ₫263,862 Mil
  • GF Value™: ₫645,424.30 vs. price of ₫400,000.00 (38% below fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the HSTC:VNZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

VNG Business Description

Address Z06 street 13, Tan Thuan Ward, District 7, Ho Chi Minh, VNM
VNG Corp offers a variety-of-products and services, including Online games, Communications and Media, Fintech, Cloud services, Zalo AI, and TrueID. The company has five business segments: Games & Entertainment, Zalo & AI, Zalopay, GreenNode, and Long-term Opportunities. The majority of its revenue is generated from the Games and Entertainment segment.
74GF Score

Get the complete analysis for HSTC:VNZ

Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫400,000.00
Price
₫645,424.30
GF Value