Vingroup

Vietnam’s stock-market rally has one name behind it

Vingroup and its two listed offshoots are behind much of the VN-Index’s 36% gain this year

Vingroup, owner of EV maker VinFast, in October set up a subsidiary to produce steel for civil works, after bidding for the high-speed railway.
ANALYSIS

Vietnam’s push for ‘chip-to-ship’ conglomerates raises red flags

Central bank, finance ministry, Fitch flag financial risks and investors remain cautious, fear favouritism

The deal is the latest in a string of borrowings by Vingroup and its subsidiaries for interests ranging from real estate to private education.

Vingroup seeks US$500 million private credit for EV charging ports

China dominates the global public charging market with over 850,000 installations last year, more than double the installations in the rest of the world

VinFast's EV manufacturing factory in Hai Phong, Vietnam. VinMetal's core product lines will include hot-rolled steel, high-strength steel, and specialised alloy steel for EVs.

Vingroup’s 10 trillion dong steel venture to supply materials for rails, EVs, real estate

VinMetal will initially prioritise supplying materials for the conglomerate’s ecosystem

Pham Nhat Vuong has already pumped more than US$2 billion of his own money into the EV maker and has said that he’s willing to support it until his money runs out.

VinFast plans US plant in 2028 as it seeks equity backers

The automaker expects to open another assembly plant in Indonesia’s West Java by October

Pham Nhat Vuong expects VinFast to break even at the end of next year.

Vietnam’s richest man shifts strategy after US$14 billion bet on EVs

The opening of VinFast’s first overseas assembly plant in India earlier this month is a crucial piece in CEO Pham Nhat Vuong’s Asia pivot

VinFast reported a net loss of US$712.4 million for the first quarter, less than the US$1.3 billion loss in the previous quarter but 15 per cent more than a year earlier.

EV maker VinFast’s Q1 loss widens on higher spending as deliveries rise

The firm continues to face challenges due to weak consumer demand, stiff competition, and 25% US tariffs

Vinschool is a K-12 education system, operating under and funded by its parent company, Vingroup.

Vingroup seeks private loan to buy KKR’s stake in Vinschool

The Vietnamese conglomerate has tapped the private debt markets before

Vietnam plans to begin construction of the US$67 billion high-speed railway in 2026 and put it into operation from 2035. The bullet train will travel about 1,500 kilometres across 20 cities and provinces at a speed of 350 kilometres an hour.

Vingroup-backed VinSpeed wins initial backing for US$61.3 billion express rail project

The company is committing to contribute 20% of the total investment into the megaproject