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Vingroup

Hanoi to host Formula 1 Grand Prix from 2020

Chairman of Hanoi People's Committee Nguyen Duc Chung has formally signed the memorandum of understanding for the organization of the Formula 1 race for a ten year period, taking place in 2020.

Initial price of VinFast's e-scooters Klara announced being record low

The start price of VinFast's electric scooters Klara in the first batch is reduced by 40 per cent compared to the actual price down to even below $1,000 each unit.

First electric motorcycle model named VinFast Klara launched

Vingroup's VinFast has just held an inauguration ceremony of its electric motorcycle manufacturing factory which targets to be the most modern in Southeast Asia and launched the first model named VinFast Klara in Hai Phong city.

Vietnam's biggest construction contractor hopes to get benefits from trade tension

The move to industrial park construction can be considered as a new step for Coteccons in the context that domestic demand for residential real estate is gradually saturated.

Vingroup's leader: 'We take risks to concentrate on automobile project VinFast'

Vingroup said that it is willing to take risks, even trade-off some short-term economic benefits to concentrate all its resources on automobile project VinFast.

Vingroup retail subsidiary acquires Fivimart

All 23 Fivimart stores will be intergrated into Vingroup’s system and renamed to Vinmart soon.

Vinhomes announces VinCity mega urban areas

Vinhomes Joint Stock Company of Vingroup recently unveiled its plan for the VinCity projects, in which VinCity will be built under “Singaporean standard - mega urban areas and more” model.

Vingroup and Mobile World named amongst 50 Asia’s largest listed companies

Forbes magazine has also ranked Hoa Phat Group and VietJet Aviation as rising stars to crack the Asia's Fab 50 Companies in the years ahead.

VinFast's sedan and SUV models debuted for official launch by year-end

VinFast has just debuted images of exterior design of its first two car models, which fuels the hope that Vietnam will soon have made-in-Vietnam cars not only targeted to domestic market but also exported to international markets.

Korean Hanwha fund spends $400 million acquiring Vingroup's preference shares

Vingroup has just announced an issuance of 84 million preference shares on a private offering basis to Hanwha Vietnam Opportunity Fund 1, which is invested by Hanwha Asset Management Co., Ltd. of Hanwha Group, with the total issuance value of over VND9,300 billion ($400 million).

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