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Vingroup
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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.
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.
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
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
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'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
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
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
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
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
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
EV maker VinFast aims expansion in 50 markets
VinFast, the electric vehicle (EV) maker of Vietnamese conglomerate Vingroup, on October 5 said it will expand in 50 markets globally by the end of 2024.
October 6, 2023 | 11:59 pm PT
Vietnam's richest man donates $296M to his company
Vingroup chairman and Vietnam’s richest man Pham Nhat Vuong donated VND7 trillion (US$296.6 million) to his company’s automobile subsidiary VinFast in September.
October 6, 2023 | 06:40 am PT
Vinhomes' subsidiary to develop housing, golf course projects for $1B
Thai Son, a subsidiary of Vinhomes, plans to build an urban area and a golf course in two northern localities at a cost of VND23.4 trillion (US$962 million).
October 1, 2023 | 08:28 pm PT
Vietnam’s richest man plunges to 32nd place in global billionaires list
Vingroup chairman Pham Nhat Vuong has dropped to 32nd place in the Forbes billionaires rankings after being in 16th place Wednesday.
August 16, 2023 | 09:53 pm PT
Vingroup chairman becomes world’s 16th richest person
Pham Nhat Vuong’s total assets of $73.9 billion now makes him the world’s 16th richest man, according to Forbes.
August 16, 2023 | 06:21 am PT
Vietnam's richest man sees assets rise by $39B as VinFast shares zoom on listing
The surge in VinFast share prices on listing on Tuesday added US$39 billion to the net worth of Vietnam’s richest man and the company’s chairman, Pham Nhat Vuong.
August 15, 2023 | 06:46 pm PT
Vingroup profits double
Conglomerate Vingroup said pre-tax profits doubled year-on-year in the first six months to VND7.94 trillion (US$337.82 million), its highest since listing on the stock market.
July 30, 2023 | 10:43 pm PT
VinFast to hold EV factory groundbreaking ceremony in US
VinFast, the subsidiary automaker of Vietnamese conglomerate Vingroup, has announced it will hold a groundbreaking ceremony of its electric vehicle (EV) factory in North Carolina, the U.S., on July 28.
July 18, 2023 | 08:46 pm PT
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