Tag: Vingroup
Phu Quoc – from “Hell on Earth” to nation’s first island city
Once branded “Hell on Earth” for the notorious jail which witnessed the most terrifying scenes of oppression during war time before 1975, Phu Quoc island in the Mekong Delta province of Kien Giang has now become the country’s first island city with tremendous economic and social development.
Investors prefer trading in land, shun the less profitable auto industry
Vingroup has sent a dispatch to the Ha Tinh provincial People’s Committee, proposing a project on an automobile complex.
Vietnamese friendship association donates over 100 ventilators to India
VOV.VN - Minister of Information and Communications Nguyen Manh Hung, who is also chairman of the Vietnam – India Friendship Association (VIFA), presented 100 ventilators to help India in their fight against the COVID-19 pandemic during an online meeting on May 11 with Indian Ambassador to Vietnam.
Vingroup stops TV, smartphone lines, focuses on VinFast vehicles
VOV.VN - Vingroup, Vietnam’s largest private conglomerate, has unveiled plans for its subsidiary VinSmart to halt the manufacturing of televisions and smartphones in order to primarily concentrate on developing electronic products and other components for VinFast cars.
Vingroup plans VinFast IPO in the US
VOV.VN - Vingroup, Vietnam’s leading multisectoral conglomerate, is planning an initial public offering (IPO) of its car manufacturer VinFast in the United States that could raise about US$2 billion, Bloomberg reported.
When will Vietnam begin to make electric cars?
On March 24, Vinfast made headlines after releasing its statement about receiving orders for its first electric car model VF e34 for VND690 million (about US$32,000), to be delivered in the third quarter of 2021.
First electric bus VinBus hits the road in Vietnam
VOV.VN - Manufactured by VinFast as part of efforts to develop a modern and environmentally-friendly public transport network, VinBus electric buses have been launched at Vinhomes Ocean Park urban area in Hanoi.
SK Group acquires 16.3% stake in largest Vietnamese retailer
VOV.VN - SK Group of the Republic of Korea (RoK) have unveiled plans to make a strategic investment into VinCommerce, the largest retailer in the country, as they strive to fully tap into the fast growing Vietnamese e-commerce market.
Vietnam’s Masan changes retail brands VinMart, VinMart+ to WinMart, WinMart+
Vietnam’s Masan Group has rebranded VinMart and VinMart+ as WinMart and WinMart+ after it acquired the retail brands from Vingroup over a year ago.
VinFuture receives over 500 official nominators from 36 countries
The VinFuture Foundation announced that over 500 prominent scientists, universities, and recognized organizations from 36 countries representing six continents have registered to become the Official Nominators for the VinFuture Prize over one month after the foundation launched its call for nominations.
