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.

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.

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.

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.

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 Group has rebranded VinMart and VinMart+ as WinMart and WinMart+ after it acquired the retail brands from Vingroup over a year ago.

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.

Vietnam’s largest private conglomerate Vingroup is planning to seek its shareholders’ approval to raise US$500 million from issuing unsecured bonds on the Singapore Exchange (SGX).

One Mount Group, an affiliate of Vietnamese conglomerate Vingroup, forged a cooperative arrangement with Google Cloud on March 17 to foster the largest technological ecosystem in Vietnam, in order to connect citizens and businesses during the Fourth Industrial Revolution.

VOV.VN - Vietnamese electric-vehicle startup VinFast has initiated plans to open a factory in the United States after setting up a 50-member San Francisco research office in preparation for putting its vehicles on sale in the California market ahead in 2022, according to the US newswire Bloomberg.