Vinpearl

Name

Vinpearl

Legal name

Vinpearl Joint Stock Company

Website

https://vinpearl.com

Company type

Public

Founded year

2003

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Hospitality and Integrated Resort Tourism

NAICS

Amusement and Theme Parks (71311), Golf Courses and Country Clubs (71391), Nature Parks and Other Similar Institutions (71219)

SIC

Hotels & Motels (7011), Services-Miscellaneous Amusement & Recreation (7990), Services-Amusement & Recreation Services (7900)

akta.pro primary industry

Resort Convention Hotels (THAGALAC)

Keywords

• Hospitality and resorts
• Integrated tourism services
• Theme park operations
• Hotel and accommodation
• Golf course management

Headquarters

HQ city

Nha Trang

HQ country

Vietnam

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Supply Chain, Technology or R&D

Revenue model

1. Hotel & Resort Operations: Vinpearl operates 60 facilities across 20 provinces in Vietnam, offering hotel rooms, suites, and villas at various price points ranging from budget to luxury. Revenue is generated through room bookings with nightly rates varying by property and season.
2. Theme Parks & Entertainment: VinWonders theme parks and entertainment complexes including VinWonders Phu Quoc, VinWonders Nha Trang, VinWonders Nam Hoi An, and VinWonders Cua Hoi generate revenue through admission tickets and in-park spending.
3. Golf Courses: Vinpearl Golf operates premier golf courses in Phu Quoc, Nha Trang, Nam Hoi An, and Hai Phong, generating revenue through green fees and associated services.
4. Safari Park: Vinpearl Safari Phu Quoc, Vietnam's most comprehensive semi-wild animal care and conservation park, generates revenue through admission fees.
5. MICE Services: Meetings, Incentives, Conferences, and Exhibitions services offered across Vinpearl properties, targeting corporate clients and event organizers.
6. Dining & F&B: Multiple restaurants and dining venues across properties including themed restaurants, beachfront dining, and specialty cuisine options.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Vinpearl operates an integrated tourism ecosystem of hotels, resorts, theme parks, golf courses, a safari park, and entertainment complexes across 20 provinces in Vietnam. The company sells room nights, theme park and safari admissions, green fees, F&B, and MICE services to leisure and corporate travelers, complemented by a multi-brand loyalty program (VinClub) and direct digital booking channels.

Product overview

Vinpearl is a major Vietnamese integrated tourism company operating a diversified ecosystem of hospitality, leisure, and entertainment products. The core offering centers on Vinpearl Hotels & Resorts, a portfolio of hotels, resorts, and bungalows spanning 60+ properties across 20 Vietnamese provinces. This hospitality platform is complemented by VinWonders Theme Parks (the largest theme park selection in Vietnam and Asia), Vinpearl Golf (premier international-standard golf courses), Vinpearl Safari Phu Quoc (wildlife conservation park), and Grand World Phu Quoc (entertainment complex). The ecosystem is unified through the VinClub loyalty program, which provides cross-property privileges. The company operates under Vingroup, Vietnam's largest private conglomerate, and has recently expanded internationally through partnerships with platforms like Agoda, AirAsia MOVE, and GlobalTix, as well as travel partners in India including Thomas Cook India, SOTC Travel, and MakeMyTrip.

Differentiator

Problem solved

Functional benefit

Brands

• VinWonders: Vinpearl's theme park brand offering the largest selection of theme parks in Vietnam and Asia, featuring entertainment complexes and attractions in destinations such as Phu Quoc, Nha Trang, and Nam Hoi An.
• Vinpearl Golf
• Vinpearl Safari
• VinClub
• VinHolidays
• Grand World

Products and services

• Vinpearl Hotels & Resorts Vinpearl's core hospitality brand offering hotels, resorts, and bungalows across Vietnam's premier destinations including Phu Quoc, Nha Trang, Nam Hoi An, Ha Long, Ha Tinh, Nghe An, and Bac Ninh. Targets leisure travelers, families, and corporate guests with nightly rates ranging from approximately $43 to over $236 USD.
• VinWonders Theme Parks The largest selection of theme parks in Vietnam and Asia, providing entertainment experiences including amusement rides, water parks, and attractions at destinations such as Phu Quoc, Nha Trang, Nam Hoi An, and Cua Hoi. Sold through admission tickets and in-park spending.
• Vinpearl Golf A collection of Vietnam's premier golf courses offering world-class experiences at stunning destinations including Phu Quoc, Nha Trang, Nam Hoi An, and Hai Phong. Revenue is generated through green fees and associated services such as stay-and-play packages.
• Vinpearl Safari Phu Quoc The most comprehensive semi-wild animal care and conservation park in Vietnam, housing about 170 species with nearly 3,000 animals. Revenue is generated through admission fees.
• Grand World Phu Quoc Entertainment, retail, and lifestyle complex in Phu Quoc offering attractions, shopping, and dining experiences. Operates as part of Vinpearl's integrated entertainment ecosystem.
• Aquafield Nha Trang Water park and aquatic entertainment facility located in Nha Trang offering water-based attractions and experiences. Sells admission tickets for water-based family entertainment.
• VinClub Loyalty Program Vinpearl's customer loyalty program offering points from bookings and transactions, with membership tiers and exclusive privileges across Vinpearl establishments, including premium upgrade options for additional benefits.
• My Vinpearl Mobile App Mobile application for iOS and Android enabling customers to book hotels, manage reservations, and access loyalty program benefits through the Vinpearl ecosystem.

Quantifiable outcome

• Vinpearl became the strongest brand in ASEAN according to Brand Finance 2025 ranking

Named customers9 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and flagship.

• AgodacoreChannel Partner/ Reseller/ Distributor · 1 June 2026Strategic partnership with Agoda to expand Vinpearl's international presence across key travel markets. Agreements signed at Vietnam-Thailand Business Forum as part of official state visits.
• AirAsia MOVEcoreChannel Partner/ Reseller/ Distributor · 1 June 2026Strategic partnership with AirAsia MOVE, Southeast Asia's leading travel platform, to strengthen global reach of Vinpearl's hospitality and entertainment ecosystem.
• BeMyGuestcoreChannel Partner/ Reseller/ Distributor · 1 June 2026Partnership with BeMyGuest, an experience-focused platform, to connect Vinpearl's attractions including VinWonders theme parks and resorts with international travelers.
• GlobalTixcoreChannel Partner/ Reseller/ Distributor · 1 June 2026Strategic partnership with GlobalTix to embed Vinpearl offerings into global booking systems and increase visibility among international travelers.
• Marriott InternationalflagshipStrategic or Co-development Partner · 11 May 2026Strategic partnership to introduce The Ritz-Carlton (~250 rooms) and Marriott Hotel (~450 rooms) to Vinhomes Green Paradise Can Gio development in Ho Chi Minh City, targeted to open Q4 2027. Vinpearl will oversee development and operational management. Marriott already operates 11 hotels with Vinpearl across Vietnam.
• Thomas Cook IndiacoreChannel Partner/ Reseller/ Distributor · 9 May 2026MoU signed May 7, 2026 establishing exclusive partnership positioning Vinpearl as preferred Vietnam destination partner for Indian travelers. Grants exclusive inventory and priority availability for leisure and MICE segments.
• MakeMyTripcoreChannel Partner/ Reseller/ Distributor · 9 May 2026Partnership to promote Vietnam as a preferred destination among Indian tourists, leveraging MakeMyTrip's distribution channels especially amid rising Indian outbound travel.
• SOTC TravelcoreChannel Partner/ Reseller/ Distributor · 7 May 2026Long-term MoU signed May 7, 2026 establishing Vinpearl as preferred Vietnam destination partner with exclusive inventory access across 60 properties for Indian travelers.
• IHG Hotels & ResortsflagshipStrategic or Co-development Partner · 24 April 2026Strategic partnership to develop four hotels with more than 1,000 rooms at Vinhomes Green Paradise Can Gio: InterContinental Saigon Can Gio (400 rooms), Crowne Plaza Saigon Can Gio (400 rooms), Holiday Inn Express Saigon Can Gio (130 rooms), and Garner Hotel Saigon Can Gio (130 rooms). Operations expected from 2028 for Holiday Inn Express and Garner, and 2030 for InterContinental and Crowne Plaza.

Scale indicators6 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Sunway Berhad: Malaysian conglomerate operating Sunway Lagoon theme park, Sunway Hotels & Resorts, and integrated city developments. Directly comparable to Vinpearl's hotel-plus-theme-park-plus-entertainment integrated resort model in a neighboring Southeast Asian tourism market.
• Genting Berhad: Malaysian integrated resort operator with Genting Highlands, Resorts World, theme parks, hotels, and entertainment. Comparable to Vinpearl as an integrated destination resort combining lodging, attractions, and leisure — though with a casino-led model.
• Chimelong Group: China's largest theme park operator with integrated hotel resorts in Guangzhou and Zhuhai. Closest analog to Vinpearl in combining theme parks, hotels, and entertainment venues into a single integrated tourism ecosystem.
• Overseas Chinese Town (OCT) Group: Chinese state-owned tourism conglomerate operating theme parks (Window of the World, Happy Valley, Splendid China) and resort real estate. Highly comparable as an integrated operator of theme parks, hotels, and cultural tourism destinations in Asia.
• Banyan Tree Holdings: Singapore-listed luxury integrated resort operator with hotels, spas, and Laguna Phuket destination. Comparable to Vinpearl's premium resort positioning, multi-country Asian footprint, and integrated resort experience-led brand.
• Minor International: Thai hospitality conglomerate with hotels (Anantara, Avani, Oaks), F&B, and lifestyle brands across Asia-Pacific. Comparable as a regional integrated hospitality platform targeting leisure travelers with diversified revenue streams.
• Laguna Resorts & Hotels: Thailand's largest integrated resort destination in Phuket, operated under Banyan Tree ownership, combining hotels, golf, residences, and beach recreation. Highly comparable to Vinpearl's integrated beachfront resort model with hotels, golf, and leisure.
• Songcheng Performance Development: China's largest theme park and live-performance operator with multiple destination parks. Comparable to Vinpearl's theme park (VinWonders) and entertainment venue (Grand World) businesses in the Asian tourism market.

Broad incumbents

• Merlin Entertainments: Global operator of LEGOLAND, Madame Tussauds, and other branded attractions across multiple continents. Comparable to Vinpearl's VinWonders theme park and Safari attractions, but operates a pure-play attractions model without integrated lodging.
• Mandarin Oriental Hotel Group: Hong Kong-headquartered luxury hotel group operating premium properties across Asia, Europe, and the Middle East. Comparable to Vinpearl's luxury hotel positioning (Vinpearl Luxury, Wonderworld, Resort & Spa) and Asian hospitality footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC2tvH7ONGc-UTyEeVg-ojfQ
• Facebookfacebook.com/Vinpearl
• Instagraminstagram.com/vinpearl.official/?hl=vi
• Xx.com/vinpearl

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vinpearl