Vingroup Business

Vingroup is one of Vietnam’s largest and most diversified private conglomerates, with a wide range of businesses across many industries — from property and hospitality to technology, manufacturing, healthcare and education. Wikipedia+1

Overview

• Name: Vingroup Joint Stock Company
• Founded: 1993 (originally as Technocom in Ukraine) Wikipedia
• Founder & Chairman: Phạm Nhật Vượng
• Headquarters: Hanoi, Vietnam Wikipedia
• Employees: 50,000+ Wikipedia
• One of Vietnam’s largest and most influential private enterprises covering many sectors. VinGroup

Main Business Areas of Vingroup

1. Real Estate & Property Development

This is one of Vingroup’s oldest and core segments. Wikipedia
Includes:

• Vinhomes: Residential communities, apartments, villas
• Vincom: Shopping malls and commercial centers
• Property planning, construction and management
  This segment has traditionally been a key driver of revenue and profit. Wikipedia

2. Automotive & Mobility

• VinFast: Electric vehicles (EVs), motorcycles, buses and charging solutions
• Expanding globally with production plans in countries like the USA, India and Indonesia
• One of Vietnam’s major EV manufacturers, with rapid growth in domestic deliveries. Reuters+1

3. Hospitality & Tourism

• Vinpearl: Hotels, resorts, amusement parks, entertainment facilities
• Tourism and leisure services
  This division operates in major tourist destinations across Vietnam. VNBIS

4. Healthcare

• Vinmec: Hospitals and healthcare services
  With modern facilities and international standards. VNBIS

5. Education

• Vinschool and other education institutions
• Provides schooling from early years to high school
  This supports the group’s social enterprise objectives. VNBIS

6. Technology & Industry

• A growing focus on innovation, tech ventures, and industrial manufacturing
• VinFast electric vehicles are part of this focus
• New ventures include advanced tech like aerospace (e.g., VinSpace) and steel production (VinMetal) linked to broader industrial goals. Reuters+1

International Expansion

Vingroup has been expanding beyond Vietnam:

• Major EV production facilities planned or under construction in India, Indonesia and the USA through VinFast. Reuters
• Large overseas investment projects (e.g., smart city development and renewable energy investments in Telangana, India valued at ~$3 billion). Reuters

Corporate Strategy

Vingroup aims to be a global-standard, multi-industry enterprise focusing on:

• Technology & industry
• Trade & services
• Social infrastructure & enterprise
  with the mission **“to create a better life” through quality products and services. VinGroup

Quick Snapshot

Why Vingroup Matters

• It has grown from a property developer into a multi-sector global conglomerate. Wikipedia
• It plays a significant role in Vietnam’s economic development and is a symbol of Vietnamese corporate ambition abroad. VinGroup
• Continues diversifying into electric vehicles, aerospace, renewable infrastructure, healthcare, and education, reflecting a shift from its historical focus on real estate. Reuters