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Vingroup to build $1.3B smart city in outlying Hanoi district

Vingroup to build $1.3B smart city in outlying Hanoi district

Conglomerate Vingroup is part of a consortium, the only bidder, seeking to build a VND33 trillion (US$1.3 billion) smart city in Hanoi’s outlying Dong Anh District.
Airlines ramp up night flights but passengers not keen

Airlines ramp up night flights but passengers not keen

Airlines have been increasing the number of night flights to meet demand amid an aircraft shortage, but the inconvenience and fear of fatigue mean fliers shun them.
June 13, 2024 | 11:58 pm PT
Major property developers set their sights on social housing

Major property developers set their sights on social housing

Tens of thousands of social housing units are planned to be built with major upmarket developers all set to enter the affordable segment.
May 26, 2024 | 03:28 am PT
Vietnam hopes to have 10 billionaires by 2030

Vietnam hopes to have 10 billionaires by 2030

The government wants Vietnam to have at least 10 billionaires and five businesspeople who are “most powerful” in Asia by 2030.
May 9, 2024 | 10:00 pm PT
‘We will never let VinFast go’: Vingroup billionaire chairman Pham Nhat Vuong

‘We will never let VinFast go’: Vingroup billionaire chairman Pham Nhat Vuong

Vingroup will always back VinFast, which is its mission and future, billionaire chairman of the conglomerate, Pham Nhat Vuong, has said.
April 25, 2024 | 07:24 pm PT
VinFast leads Vietnam’s auto market in Q1

VinFast leads Vietnam’s auto market in Q1

EV maker VinFast sold around 8,200 cars in Vietnam in the first quarter, the highest for any brand, but most were bought by a sister company, a taxi operator.
April 19, 2024 | 08:02 pm PT
Vingroup to increase capital of EV taxi subsidiary GSM

Vingroup to increase capital of EV taxi subsidiary GSM

Conglomerage Vingroup’s board of directors has approved a proposal to hike the chartercapital of electric taxi subsidiary GSM by no more than 5% this year.
April 3, 2024 | 12:36 am PT
How Vincom Retail performed before Vingroup sold it

How Vincom Retail performed before Vingroup sold it

Before Vingroup recently decided to sell its stakes in Vincom Retail, the mall operator had reported record profits and was the conglomerate’s third most profitable business.
March 24, 2024 | 02:30 am PT
VinFast founder launches global EV charging station company

VinFast founder launches global EV charging station company

Pham Nhat Vuong, chairman of conglomerate Vingroup and founder of electric vehicle maker VinFast, on Monday announced the establishment of V-Green Global Charging Station Development Company.
March 18, 2024 | 03:00 pm PT
Vingroup to divest from mall operator Vincom Retail

Vingroup to divest from mall operator Vincom Retail

Conglomerate Vingroup has decided to sell its stake in Vincom Retail, lowering ownership in the retail unit to 18.37%.
March 17, 2024 | 11:50 pm PT
VinFast earns $1.2B revenue in 2023

VinFast earns $1.2B revenue in 2023

Vietnamese electric vehicle manufacturer VinFast reported revenues of VND28.6 trillion (US$1.16 billion) last year, up 91% from 2022.
February 23, 2024 | 04:04 am PT
VinFast to break ground on $2B factory in India

VinFast to break ground on $2B factory in India

Vietnamese electric vehicle maker VinFast plans to build a US$2 billion factory in the southern Indian state of Tamil Nadu, with groundbreaking scheduled for this Sunday.
February 21, 2024 | 10:56 pm PT
Vingroup revenue jumps 59% in 2023

Vingroup revenue jumps 59% in 2023

Vingroup's revenue surged by 59% in 2023 to reach VND161 trillion ($6.59 billion), driven by property and electric car sales.
January 31, 2024 | 03:00 am PT
Vinhomes to operate $1B northern urban complex in 2026

Vinhomes to operate $1B northern urban complex in 2026

Property developer Vinhomes plans to start operating a 240-hectare urban complex at a cost of VND23.3 trillion (US$958,850) in the northern port city of Hai Phong in 2026.
January 3, 2024 | 09:35 pm PT
Battery researchers win $3M Vietnamese awards

Battery researchers win $3M Vietnamese awards

Four researchers received Vietnam's VinFuture award worth US$3 million Wednesday for their work on solar and lithium-ion batteries for storing energy.
December 20, 2023 | 06:11 pm PT
Son of Vietnam's wealthiest man inks VinFast collaboration with Japanese firm

Son of Vietnam's wealthiest man inks VinFast collaboration with Japanese firm

Representing automaker VinFast, Pham Nhat Quan Anh, son of billionaire Pham Nhat Vuong, signed a MOU with Japan’s Marubeni Corporation for cooperation in electric-vehicle battery recycling.
December 18, 2023 | 06:16 pm PT
Vingroup chief meets India's second richest man to discuss partnership

Vingroup chief meets India's second richest man to discuss partnership

Vietnam’s richest person, Pham Nhat Vuong, called on India’s second richest, Gautam Adani, Wednesday to discuss potential tie-ups.
November 8, 2023 | 08:45 pm PT
Vietnam's richest man to donate $270.8M to VinFast

Vietnam's richest man to donate $270.8M to VinFast

Vingroup chairman and Vietnam’s richest man Pham Nhat Vuong has announced he will donate the 99.8% stake worth US$270.8 million he owns in battery maker VinES to automaker VinFast.
October 11, 2023 | 09:32 pm PT
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