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Vingroup
Vingroup’s revenue reaches new historic peak

Vingroup’s revenue reaches new historic peak

Vingroup posted a record revenue of VND192.16 trillion (US$7.6 billion) last year, bolstered by sales of property and electric vehicles.
From ‘humble’ beginnings to future daughter-in-law of Vietnam’s richest billionaire: Beauty queen Nguyen Phuong Nhi’s story

From ‘humble’ beginnings to future daughter-in-law of Vietnam’s richest billionaire: Beauty queen Nguyen Phuong Nhi’s story

Who is future daughter-in-law of Vietnam's richest billionaire Pham Nhat Vuong?

Who is future daughter-in-law of Vietnam's richest billionaire Pham Nhat Vuong?

Vingroup to establish robotics subsidiary

Vingroup to establish robotics subsidiary

Vietnam’s largest private company, Vingroup plans to establish VinMotion with a 51% stake to research and develop multifunctional robots.
January 11, 2025 | 05:06 pm PT
How did the wealth of Vietnam's 6 billionaires change in 2024?

How did the wealth of Vietnam's 6 billionaires change in 2024?

The collective net worth of Vietnam’s six billionaires in the Forbes rankings rose by US$800 million in 2024 though three of them saw a decline in their wealth.
December 29, 2024 | 09:12 pm PT
Vietnam's Vingroup launches electric taxi service in Indonesia

Vietnam's Vingroup launches electric taxi service in Indonesia

Vietnam's Green and Smart Mobility (GSM) JSC officially launched its Xanh SM electric taxi service in Indonesia on December 18.
December 18, 2024 | 11:42 pm PT
Vingroup breaks ground on $290M EV plant, its 2nd in Vietnam

Vingroup breaks ground on $290M EV plant, its 2nd in Vietnam

Vingroup has begun construction of its second VinFast electric vehicle plant in Vietnam at a projected cost of VND7.3 trillion (US$290 million).
December 8, 2024 | 08:54 pm PT
Nvidia buys Vingroup’s AI subsidiary

Nvidia buys Vingroup’s AI subsidiary

Nvidia has acquired VinBrain, an artificial intelligence subsidiary of conglomerate Vingroup, for an undisclosed price.
December 5, 2024 | 10:43 pm PT
Sons of Vietnam’s richest man Pham Nhat Vuong own stake in Vingroup’s robot business

Sons of Vietnam’s richest man Pham Nhat Vuong own stake in Vingroup’s robot business

Each of the two sons of Vietnam’s top billionaire Pham Nhat Vuong holds a 5% stake in VinRobotics, a new subsidiary of Vingroup with a charter capital of VND1 trillion (US$39.35 million).
November 20, 2024 | 12:22 am PT
Vingroup’s resort arm Vinpearl goes public

Vingroup’s resort arm Vinpearl goes public

Conglomerate Vingroup’s resort and entertainment arm, Vinpearl, has become a public company, paving the way for its listing on a stock exchange.
November 18, 2024 | 07:04 pm PT
Vinhomes shares hit ceiling price after announcing 370 million share buyback

Vinhomes shares hit ceiling price after announcing 370 million share buyback

Vinhomes shares rose to VND37,200 (US$1.48) Wednesday morning after the company announced a plan to repurchase 370 million shares.
August 6, 2024 | 11:49 pm PT
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.
July 1, 2024 | 09:39 pm PT
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
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