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Vingroup to expand to Philippines this year

Vingroup’s electric vehicle brand VinFast will lead the way for Vingroup’s investments in the Philippines in 2024, beginning with electric car and motorcycle dealerships.

Five lessons Vietnamese startups can learn from VinFast

“For VinFast, the vision was a better future—so the cars we design and create are just part of that bigger vision,” said VinFast’s Global CEO Le Thi Thu Thuy.

Vingroup affiliate joins FIDO Alliance

VinCSS LLC, a cybersecurity startup under Vietnam’s largest private conglomerate Vingroup announced it has joined the FIDO Alliance. VinCSS provides robust solutions for strong authentication by leveraging open authentication standards that eliminate the reliance on passwords enable secured utilization of FIDO2 standard.

VinFast sold 17,000 cars in a year

The Vietnamese auto maker also sold 50,000 electric bikes last year.

S&P revised Vingroup’s outlook to negative from stable

Vingroup’s leverage will likely remain elevated over the next 12-18 months, driven by its increasing debt-funded capital expenditure in the auto business.

Singapore’s GIC-led consortium invests $500 million in Vinmart and Vinmart+

The consortium led by the Singaporean sovereign wealth fund has collectively invested $500 million (VND11.6 trillion) for a minority stake in VCM Services and Trading Development JSC, a consumer retail arm of Vingroup.

VinMart expands network with Queenland Mart buyout

Vingroup has acquired eight Queenland Mart stores in Ho Chi Minh City, enlarging its network of VinMart supermarkets and VinMart+ convenient stores to 2,122 outlets nationwide.

Vingroup joins FastGo offering ride-sharing services on VinFast cars

1,500 VinFast Fadil cars will be available through FastGo services for customers to experience in the coming months.

Vingroup seeks to raise $750 million via international bond issuance

Vietnam’s largest listed enterprise in terms of market capitalisation is seeking for its shareholders’ approval on the issuance of $750 million worth of bonds to global investors in 2019.

Vinhomes reported promising half-year results, taking over Green City and Delta

Vinhomes has completed its acquisition of Delta JSC, a subsidiary of cosmetics and cleaning agents producer Daso Group, and Green City Development JSC, in July, to further reinforce its foothold in the real estate business.

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