Page 87 - HỘI THẢO KHOA HOC 18.5.2022

before moving back. Then, he became the leader of Vingroup, one of Vietnam's largest
conglomerates with interests in real estate, retail and healthcare among others. Vingroup has
expanded their investments into non-profit ventures, including healthcare, sports, education and
automobile sector. He was considered the first US dollar billionaire on the Vietnamese stock
exchange since March 7, 2011, with the real time net worth of about 167,800 billion VND or 7.4
iii
nd
billion USD updated by Nov 22 , 2021. In December 2020, the VinFuture Foundation by Mr.
Vuong and his wife established the VinFuture Prize of $4.5 million for creativity and innovation
works in science and technology. In the Annual Report 2020, Mr. Vuong claimed in his speech
“Vingroup is committed to promoting the application of technology in all of its business sectors.
Technology is the key to unleash the potential capabilities of the entire system. We must constantly
be creative, cooperate, connect knowledge, and engage in the global sharing of the best
technologies to achieve real breakthroughs in the application of technology for human life. To
achieve these goals, it is essential to change our way of thinking, employ creative approaches to
problem-solving and dare to challenge accepted norms. We as pathfinders must keep our spirit
strong to go beyond all boundaries. Vingroup’s success in technology transformation will not only
benefit us, but also Vietnam’s development. Vingroup sets out to deliver products and services of
lasting value to create a better life for everyone.”

Vingroup Ecosystem

As the beginning, Vingroup operated their business in hospitality, commercial, and residential
properties under the Vinpearl and Vincom brands. These days, they are gradually expanding in
five major concentrations including
- Property
o Vinhomes: The No.1 real estate development and management sector in Vietnam,
well-known by its superior scale, service quality and execution speed, a top leading
in sustainable development. It provides to customers with a new outstanding living
standard by enlightening the housing real estate and excellent services system right
in the prominent urban areas in Vietnam
o Vinhomes Serviced Residence: The serviced residential properties are ranked in
mid-range affordability for rent with comprehensive facilities and services
standardized by Vingroup; exclusively designed for tenants, providing a

comfortable and convenient experience as their home
o Vinhomes IZ (VHIZ): Vingroup's entry into the industrial park with real estate
sector and focusing on foreign direct investment and manufacturing sector
o Vincom Retail: A place for shopping, entertainment and dinning malls mentioned
as “All-in-one”
o Vinoffice: A leading sector offers premium offices for lease in Vietnam
- Hospitality and entertainment
o Vinpearl: As expected a leader in hospitality industry in Vietnam which brings the
premium 5-star quality of holiday and resort experiences to their potential guests

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