From the opening of the Monday morning session, selling pressure weighed heavily across the board, dragging the VN-Index down steadily until the close.
The lectric vehicle manufacturer aims to boost its local content ratio to 80 per cent by 2026, with an ambitious goal to produce 500,000 vehicles by 2027 and reach 1 million vehicles annually by 2030.
Vingroup’s founder and chairman Phạm Nhật Vượng becomes the first Vietnamese person to have a fortune of US$9 billion, according to the latest Forbes on May 8.
American chipmaker Qualcomm has acquired a 65% stake in Vietnamese artificial intelligence firm Movian AI from conglomerate Vingroup. The financial terms of the deal have not been disclosed.
Vingroup plans to establish and hold a 51 per cent stake in VinMotion, a company specialising in the research, development and application of multifunctional robotics.
The People''s Committee of Vinh Phuc province and Vingroup signed a Memorandum of Understanding to foster sustainable development through green transformation initiatives.
Vingroup Corporation has officially announced the establishment of VinRobotics Research, Development, and Application Joint Stock Company, with a charter capital of VNĐ1 trillion (US$40 million).
Vingroup, Vietnam’s largest private conglomerate and its Chairman, Phạm Nhậtt Vượng, announced on Tuesday a significant financial commitment to VinFast, the Vietnamese Nasdaq-listed electric vehicle maker.
Vingroup and its subsidiaries announced a donation of VNĐ250 billion (approximately US$10 million) on September 12 to support people affected by Super Typhoon Yagi and floods.