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Search Result for “vingroup”

Showing 1 - 10 of 49

BUSINESS

Vingroup scraps bid for $67-billion Vietnamese rail line

Published on 25/12/2025

» HANOI - Vietnam’s largest conglomerate, Vingroup, said on Thursday it would withdraw its investment proposal for ‌the country’s $67-billion North–South high-speed railway ​project to concentrate on its other projects.

BUSINESS

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

Reuters, Published on 05/11/2025

» HANOI — Two days after Vietnam's top leader called on local private companies to help build infrastructure, listed conglomerate Vingroup stepped forward to develop a US$70 billion nationwide high-speed railway and build the trains to run on it.

BUSINESS

SE Asian arrivals remain sluggish

Business, Molpasorn Shoowong, Published on 06/09/2025

» Demonstrations in Indonesia and a weakened Vietnamese dong could impact inbound arrivals to Thailand in the short term, though both markets are still projected to have high GDP growth and contain a large youth population deemed to have high potential.

BUSINESS

Vietnam touts $48 billion in project investments to spur growth

Bloomberg News, Published on 19/08/2025

» HANOI — Vietnam on Tuesday said around 250 projects, with investments totalling about US$48 billion, are being pursued in the country as the government seeks to show it is boosting economic growth.

BUSINESS

Asian shares advance on rate-cut optimism

Business, Nuntawun Polkuamdee and Nareerat Wiriyapong, Published on 08/06/2024

» RECAP: Asian stocks revived as central banks in the euro zone and Canada began their rate easing cycles this week, adding to expectations that the US Federal Reserve could soon follow suit.

BUSINESS

Asian shares revive after big US tech rally

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» RECAP: Shares in Asia rallied yesterday after robust earnings from tech giants Meta, Microsoft and Alphabet buoyed Wall Street, where the S&P 500 had its best day since the first week of the year.

BUSINESS

Central 'eyeing Vietnamese mall operator'

Reuters, Published on 29/03/2023

» Thailand’s Central Group is said to be a possible candidate to acquire a stake in the shopping mall arm of Vingroup, Vietnam’s largest conglomerate, five sources told Reuters on Wednesday.

BUSINESS

Vietnamese EV maker VinFast files for US IPO

Bloomberg News, Published on 07/12/2022

» HANOI: VinFast, an electric carmaker backed by Vietnam’s richest man trying to take on Elon Musk’s Tesla Inc, has filed for an initial public offering in the United States just as it prepares to deliver its first sport utility vehicles (SUVs) to California customers later this month.

BUSINESS

Vietnam’s VinFast to ship EVs to N America, Europe

Bloomberg News, Published on 10/09/2022

» VinFast, an electric carmaker backed by Vietnam’s richest man, will ship about 5,000 vehicles to customers in the United States, Canada and Europe early November and begin global deliveries a month later, according to a statement from parent company Vingroup JSC.

BUSINESS

VinFast opens first EV showrooms on Tesla’s California doorstep

Bloomberg News, Published on 15/07/2022

» VinFast, an electric carmaker backed by Vietnam’s richest man, opened six showrooms in California on Thursday as the newcomer tries to muscle into a United States market dominated by Tesla Inc.