Business

Vingroup to launch smartphones next week

By Viet Hung December 04, 2018 | 07:24 AM GMT+7

After six months of research and development, first four Vsmart-branded smartphones of the leading multidisciplinary Vingroup will be launched on December 14, 2018 at Landmark81 Skyscraper in Ho Chi Minh City.

Vsmart phones are being produced at Vsmart mobile phone factory

According to Vingroup, Vsmart phones are being manufactured at Vsmart mobile phone factory located within VinFast auto manufacturing complex in Hai Phong city.

The factory has a capacity of five million products per year for the first stage and is awarded ISO 9001: 2015 Certification.

The whole plant is designed and built according to international standard IPC-A-610 for the factory of electronic products.

Vingroup's first four smartphones to be launched next week
Vingroup's first four smartphones will be launched next week

Vingroup asserted that VinSmart's technology is developed in compliance with Europe’s high standards. In particular, most of the stages to produce smart electronics from design, research and development to manufacturing are implemented by BQ, the leading Spanish technology company.

Holding a 51-per cent stake in BQ has enabled VinSmart to exploit BQ's strengths in various aspects of the value chain of producing smart electronics from design, research and development to production.

VinSmart is also working closely with the world's largest technology companies such as Qualcomm, Google ... to bring the world’s most advanced technologies into Vsmart products.

In addition, VinSmart has recruited a team of scientists and experts to research, design and develop high-end products from leading experienced research institutions and technology companies in the world. Many play key roles in the company and have influences in the phone market.

Through the investment in the phone factory, VinSmart strives to own the entire product value chain from research design to production, optimizes the cost and launches products to the market.

Vingroup's first four smartphones to be launched next week  1
Machinery sytem automatically processes sophisticated phone components with high accuracy

Nguyen Viet Quang, Vice President and CEO of the Vingroup, said: "The completion and launch of four smartphones in six months in this sophisticated sector demonstrates our efforts and determination in the field of industry - technology. At present, Vingroup is still cooperating with big partners, looking for excellent experts, perfecting the most advanced equipment line."

After mobile phone, in the coming time, Vsmart factory will produce intelligent electronic and Internet-of-things (IoT) products such as SmartHome, SmartTV, etc.

VinSmart is also approaching domestic and international suppliers of chipsets, components and accessories to directly master supply chain and quality control of smart electronics before launching the products to the market.

Taseco Land’s new logo marks a new growth trajectory

Taseco Land’s new logo marks a new growth trajectory

Business -  4 day

Taseco Land has shifted its listing to HOSE and introduced a new upward-pointing arrow logo - a visual statement of its strategy to raise capital, expand its land bank, and strengthen its standing in Vietnam’s real estate sector

SAP positions Vietnam as key R&D hub with €150 million investment

SAP positions Vietnam as key R&D hub with €150 million investment

Business -  2 week

Located in the heart of Ho Chi Minh City, SAP Labs Vietnam is the second SAP Labs Network hub in Southeast Asia, following Singapore and is one of 20 countries that have SAP Labs globally.

Solar & Storage Live Vietnam returns, leading sustainability and innovation in energy sector

Solar & Storage Live Vietnam returns, leading sustainability and innovation in energy sector

Business -  1 month

Solar & Storage Live Vietnam event has been running since 2017 and the 2025 edition will be the biggest yet.

New alliance pushes ESG standards for Vietnamese businesses

New alliance pushes ESG standards for Vietnamese businesses

Business -  2 month

A new partnership between EY and the Vietnam-Singapore Board Forum (VSBF) is set to strengthen ESG capabilities for Vietnamese businesses, helping shape more sustainable business models.

US giant backs Vietnam’s bid to lead ASEAN gas trade

US giant backs Vietnam’s bid to lead ASEAN gas trade

Business -  2 month

With strategic deals and strong policy alignment from the Vietnamese government, Excelerate Energy aims to anchor Vietnam’s LNG ambitions in the region.

Frasers Property, SPX Express sign deal for largest sorting centre in Southeast Asia

Frasers Property, SPX Express sign deal for largest sorting centre in Southeast Asia

Business -  2 month

Scheduled for completion in 2027, the logistics facility will be the first of its kind in Vietnam significantly boosting parcel processing capacity up to 7 million parcels daily.