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Vingroup shuts down smartphone, TV manufacturing

Vingroup shuts down smartphone, TV manufacturing

Vietnam’s biggest private conglomerate, Vingroup, will stop manufacturing smartphones and televisions, focusing instead on producing equipment for VinFast cars.
Three VinSmart phone models make US debut

Three VinSmart phone models make US debut

Three smartphone models produced by VinSmart, a unit of Vietnamese private conglomerate Vingroup, have been sold in the U.S. since earlier this year.
February 22, 2021 | 05:15 pm PT
Cars, phones deliver one-fifth of Vingroup revenues

Cars, phones deliver one-fifth of Vingroup revenues

Automobiles and smartphones accounted for 19 percent of private conglomerate Vingroup’s revenues in the last quarter of 2020.
February 1, 2021 | 05:00 pm PT
Vingroup plans $300 mln bond issuance for auto, smartphone production

Vingroup plans $300 mln bond issuance for auto, smartphone production

Vietnam’s largest private conglomerate Vingroup hopes to raise nearly VND6.98 trillion ($302.45 million) through bonds to invest in subsidiaries VinFast and VinSmart.
January 25, 2021 | 02:29 am PT
VinSmart 5G smartphones set for US debut

VinSmart 5G smartphones set for US debut

VinSmart, a subsidiary of Vingroup, Vietnam’s biggest private conglomerate, plans to sell its first Vsmart Aris 5G smartphones in the U.S. next year.
December 2, 2020 | 12:09 am PT
China’s Xiaomi takes third place in Vietnam smartphone market

China’s Xiaomi takes third place in Vietnam smartphone market

China’s Xiaomi grabbed a 12 percent market share in the third quarter to surpass Vivo and become the third largest smartphone brand in Vietnam.
November 9, 2020 | 08:46 pm PT
VinSmart produces smartphones for US mobile service provider

VinSmart produces smartphones for US mobile service provider

VinSmart, a subsidiary of Vietnam’s largest listed company Vingroup, has received a contract manufacturing order for two million smartphones from a major U.S. carrier.
October 10, 2020 | 12:30 am PT
Samsung tops Vietnamese smartphone market

Samsung tops Vietnamese smartphone market

Samsung increased its market share to 33 percent in the second quarter to become the largest smartphone brand in Vietnam.
August 12, 2020 | 11:29 pm PT
Vingroup pockets $266 mln from car, smartphone sales

Vingroup pockets $266 mln from car, smartphone sales

Vietnam’s largest private conglomerate Vingroup earned H1 revenues of VND6.16 trillion ($266 million) from its manufacturing arm, triple that of last year.
July 30, 2020 | 01:03 am PT
Vingroup produces first 5G smartphones

Vingroup produces first 5G smartphones

VinSmart, a subsidiary of Vietnam’s largest listed company Vingroup, has produced its first 5G smartphones in cooperation with the U.S.’s Qualcomm.
July 6, 2020 | 12:00 am PT
Qualcomm sets up first regional R&D facility in Hanoi

Qualcomm sets up first regional R&D facility in Hanoi

Hanoi is hosting Qualcomm’s first research and development facility in Southeast Asia as the tech giant looks to serve its local partners.
June 22, 2020 | 06:12 am PT
Vingroup chief eyes car, smartphone exports to the US

Vingroup chief eyes car, smartphone exports to the US

Planning to first conquer the most challenging market, Vingroup has set its sights on car, smartphone exports to the U.S.
May 28, 2020 | 08:30 pm PT
Viettel, VinSmart get approval for factories in Hanoi

Viettel, VinSmart get approval for factories in Hanoi

The government has approved the construction of two new factories in Hanoi by state telecom giant Viettel and private smartphone producer VinSmart.
November 23, 2019 | 09:50 pm PT
Vingroup unit partners with Google to make TVs

Vingroup unit partners with Google to make TVs

VinSmart, a unit of private conglomerate Vingroup, will produce smart televisions in partnership with Google, the company announced Wednesday.
November 20, 2019 | 01:00 am PT
Vingroup begins making smart televisions

Vingroup begins making smart televisions

VinSmart, the smartphone producing unit of Vietnam’s biggest private conglomerate Vingroup, has revealed its first 55-inch smart TV.
November 7, 2019 | 04:20 am PT
Vingroup earns Jan-Sept revenues of $4 bln

Vingroup earns Jan-Sept revenues of $4 bln

Vietnam’s largest private conglomerate, Vingroup, saw its January-September revenue rise 10 percent year-on-year to VND92.74 trillion ($4 billion).
October 31, 2019 | 09:27 pm PT
VinSmart to launch 5G smartphones next year

VinSmart to launch 5G smartphones next year

Smartphone maker VinSmart says it will launch its first 5G smartphone next July, and use its own 5G stations and equipment.
October 30, 2019 | 07:16 pm PT
Vingroup smartphones launched in Russia

Vingroup smartphones launched in Russia

Vietnam’s largest private conglomerate Vingroup has begun selling four models of its Vsmart phones in Russia.
October 5, 2019 | 05:15 pm PT
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