Vietnam’s top billionaire pledges $185mn in Vingroup shares to newly-founded railway business
Economy 20:01 31/05/2025Pham Nhat Vuong, chairman of Vietnam’s leading private conglomerate Vingroup, has registered to transfer over 48 million Vingroup (VIC) shares—worth nearly VND4.8 trillion (US$185 million)—as capital contribution to VinSpeed, a newly established company aiming to invest in the country’s North-South high-speed railway project.
Vietnam’s taxi, EV rental firm launches Xanh SM ride-hailing platform, distributes VinFast EVs in Laos
Economy 17:35 18/05/2025Green and Smart Mobility Joint Stock Company (GSM), a taxi and electric vehicle rental company owned by Vietnam's largest private enterprise Vingroup, on Saturday launched the Xanh SM platform in Laos and announced the official distribution of two electric vehicle (EV) models, VinFast VF 3 and VF 5, in the country.
Vietnam's billionaire Pham Nhat Vuong surpasses $9bn net worth, overtaking Samsung chairman: Forbes
Economy 14:32 09/05/2025VIC shares of Vingroup, the largest private conglomerate in Vietnam, continued to rise sharply on Thursday, contributing to Vingroup Chairman Pham Nhat Vuong’s net worth of US$9 billion.
Vingroup posts revenue of $3.2bn in Q1
Economy 14:28 02/05/2025Vingroup, Vietnam’s largest private conglomerate led by the country’s richest man Pham Nhat Vuong, reported revenue of over US$3.2 billion in the first quarter of 2025, driven by the industrial manufacturing and real estate segments.
Vietnamese EV maker VinFast reports 2024 revenue at $1.8bn
Economy 11:49 27/04/2025Vietnamese electric vehicle (EV) manufacturer VinFast generated VND44.019 trillion, equivalent to US$1.8 billion, in revenue in 2024, surging 57.9 percent over the previous year, according to the company's unaudited financial results.
Life-changing prospects from reclaimed coastal urban project in Ho Chi Minh City’s Can Gio District
Ho Chi Minh City 13:47 25/04/2025After 25 years of anticipation, the Can Gio sea reclamation urban area project — developed by Vietnam's largest private conglomerate, Vingroup — has officially broken ground. The long-awaited development is seen not only as a milestone for Ho Chi Minh City but also as a turning point for residents of Can Gio District.
Vingroup pledges full financing, advanced technology for metro project from downtown Ho Chi Minh City to coastal district
Ho Chi Minh City 09:06 24/04/2025Vietnam’s largest private conglomerate Vingroup has submitted a report to the Ho Chi Minh City Department of Finance on the investment in a metro line project connecting downtown Ho Chi Minh City with coastal Can Gio District, committing to fully financing the project and employing advanced technologies throughout the construction and operation phases.
Vietnam commences, inaugurates 80 projects in a day to celebrate Reunification Day
Vietnam News 16:28 20/04/2025A total of 80 projects were either inaugurated or kick-started on Saturday, with a total investment exceeding VND445 trillion (US$17.2 billion), in celebration of the 50th anniversary of the liberation of southern Vietnam and Reunification Day (April 30, 1975–2025), according to reports from ministries, agencies, and localities.
Can Tho registers 4 projects for Vietnam’s Reunification Day celebration
Vietnam News 13:59 18/04/2025The Can Tho People’s Committee in southern Vietnam on Thursday announced that it had registered to break ground on, complete or inaugurate four projects to commemorate the 50th anniversary of the liberation of southern Vietnam and Reunification Day (April 30).
Nvidia appoints new chairman to Vietnamese AI firm following acquisition from Vingroup
Economy 10:30 11/01/2025Nvidia bought the company in December 2024
Vietnam’s super-rich bet big on education
Education 21:05 22/11/2024FPT has long been considered a tech leader in Vietnam, but its ongoing ventures into education have been significant contributors to the group's bottom line
