Vietnamese conglomerate Vingroup has climbed eight places to rank 37th in the Fortune Southeast Asia 500, a list of the region’s 500 largest enterprises compiled by Fortune, the renowned American business magazine.

Vietnamese conglomerate Vingroup on November 20 announced the establishment of VinRobotics JSC, with a charter capital of VND1 trillion (US$40 million), aiming to revolutionise production efficiency and optimise processes across industry, services and daily life through production and integration of smart robots and robotic products.