Vingroup’s arm breaks ground on $1.7bn tourism complex in Da Nang
Economy 12:03 23/06/2025Vinpearl Joint Stock Company, a member of Vietnam's largest private conglomerate Vingroup, on Sunday broke ground on the Lang Van tourism and resort complex, which carries a price tag of nearly VND44 trillion (US$1.7 billion), at the foot of Hai Van Pass in Da Nang City, central Vietnam.
Vietnamese billionaire Pham Nhat Vuong to inject 70mn VIC shares into newly-formed energy firm
Economy 17:48 12/06/2025Pham Nhat Vuong, chairman of Vietnam’s leading private conglomerate Vingroup, has registered to contribute over 70.6 million Vingroup (VIC) shares, equivalent to 1.82 percent of Vingroup’s charter capital, to newly-established energy firm VinEnergo.
Vietnam’s VinUni aims for top-100 spot in world university rankings
Education 17:18 12/06/2025VinUni, a university under Vietnam’s largest private conglomerate, has just announced the second phase of their plan to rank among the world’s top 100 higher education institutions.
Vietnam’s VinFast reports sharp revenue surge in Q1
Economy 09:35 11/06/2025Vietnam's electric vehicle maker VinFast posted total revenue of VND16.3 trillion (US$656.5 million) in the first quarter of 2025, marking a 149.9-percent increase compared to the same period last year, according to the company’s unaudited financial results.
Vietnam unveils first humanoid robot in bold leap into global tech
Vietnam News 17:47 06/06/2025In a landmark move that underscores Vietnam's growing ambition in high technology, Vingroup has debuted the nation’s first domestically developed humanoid robot – VinMotion.
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.
