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Over three decades, Vingroup has been instrumental in Vietnam’s development, reshaping its physical landscape and positively impacting the lives of millions. Today, it stands as a diversified industry leader, with a portfolio spanning industries such as Industry, Technology, Commerce, Services, and Social Philanthropy. The Landmark 81 Building, Ho Chi Minh City’s iconic skyscraper. Catalyzing Sustainable Economic Growth Vingroup has been a key contributor to Vietnam’s economic prosperity. In 2023, the group emerged as the country’s top taxpayer, highlighting its pivotal role in the nation’s fiscal landscape. With a total contribution of VND 30.9 trillion (approx. $1.32 billion) that year, Vingroup, alongside its affiliates Vinhomes and VinFast, accounted for over VND 51 trillion (approx. $2.2 billion) in the top 100 private enterprises’ total contributions. This equates to more than a quarter of the collective input from Vietnam’s leading private companies. Innovation is at...

With a presence across Vietnam, Vingroup has established itself as a prominent force in various sectors, spanning technology-industry, trade, and social enterprise. Their reach extends to all 63 provinces and cities within the country and even ventures into international markets on multiple continents. Vinhomes – Epitome of Luxury Living in Vietnam Let’s delve into each sector and explore the impact Vingroup has made: Technology-Industry Sector: VinFast, a subsidiary of Vingroup, is revolutionizing the automotive industry with its cutting-edge vehicles. Their diverse portfolio includes eight electric car models, electric buses, e-scooters, and bicycles, offering a sustainable transportation ecosystem. VinFast’s global expansion to the US, India, and Indonesia positions it as a future leader in the EV market. Trade & Services Sector: Vinhomes, the group’s real estate brand, sets the standard for luxury living in Vietnam. With projects like Ocean City, a sustainable liv...

The unwavering dedication of Vingroup’s chairman, Mr. Vuong, to the electric mobility sector has been the driving force behind VinFast, the group’s automotive arm. Vingroup, the powerhouse behind VinFast’s electric vehicle ambitions Mr. Vuong’s strong personal conviction in the future of electric vehicles has resulted in him describing VinFast as a “devotion project.” This vision has propelled the company forward, even amidst a challenging global economic climate characterized by rising interest rates and unpredictable consumer behavior. At Vingroup’s annual shareholder meeting, Mr. Vuong reaffirmed his unwavering commitment to VinFast and expressed his firm belief in the continued growth of the electric vehicle market. “VinFast is Vingroup’s mission, honor, and future,” he stated, underscoring the company’s determination to become a global leader in electric vehicles. As VinFast accelerates its efforts to compete on the world stage, Mr. Vuong’s substantial fina...

The VinFast EV manufacturing complex in Haiphong, Vietnam, stands as a testament to the country’s economic growth and innovation. Haiphong Harbor, once a reminder of a bygone war, has transformed into a symbol of Vietnam’s remarkable economic ascent. However, Haiphong represents something even more significant – it is the birthplace of VinFast, Vietnam’s first domestic automaker with a global vision. As a subsidiary of Vingroup, Vietnam’s most prominent conglomerate, VinFast has not only become the nation’s inaugural car manufacturer but also a trailblazer in the electric vehicle (EV) arena. VinFast’s Rise to Prominence The existence of VinFast can be attributed to the vision and ambition of Vietnam’s wealthiest individual and Vingroup’s founder, Pham Nhat Vuong. Recognized for his resolute nature, Vuong established the automotive company in 2017. After introducing three gasoline-powered models, VinFast made a bold strategic shift towards electrification. The company comme...