The announcement was made on August 11th, Vingroup's 32nd anniversary. The corporation now has five core business areas: commerce and services, technology and industry, infrastructure, green energy, and social philanthropy.
Nguyen Viet Quang, Vice Chairman of the Board of Directors and CEO of Vingroup, stated that the focus on infrastructure and green energy as new pillars aligns with the resolutions of the Politburo.
"We are determined to successfully implement key national projects, contributing to Vietnam's entry into an era of prosperity and international reach," Quang said.
In infrastructure, Vingroup aims to lead the green transportation infrastructure transformation through high-speed rail, bridges, ports, and logistics projects. VinSpeed, a Vingroup subsidiary, is proposing two high-speed rail lines: the 120.4 km Hanoi - Quang Ninh line, reducing travel time between the two key economic zones from 4 hours to 20 minutes; and the Ho Chi Minh City - Can Gio line with a design speed of 350 km/h, cutting travel time from several hours to just over 10 minutes.
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The Hoang Gia Bridge project in Hai Phong, invested by Vingroup, opened to traffic on 15/7. Photo: Vingroup |
The Hoang Gia Bridge project in Hai Phong, invested by Vingroup, opened to traffic on 15/7. Photo: Vingroup
VinSpeed has registered and is ready to invest in the North-South high-speed rail project. This key national project, once operational, will reduce the Hanoi - Ho Chi Minh City travel time from over a day to just over 5 hours. Vingroup also plans to invest in a port and logistics center in Nam Do Son (Hai Phong) and Vung Ang (Ha Tinh), contributing to trade and export development in key economic zones.
In green energy, VinEnergo will develop large-scale solar and wind energy projects, applying modern technology and international safety and quality standards. Some areas of investment include: battery energy storage systems (BESS) produced by VinFast, ensuring a clean and stable power supply; renewable energy projects and BESS solutions in Vietnam, India, Indonesia, and the Philippines with a total expected capacity of up to 80 GW.
In addition, VinEnergo will collaborate with other members of the Vingroup ecosystem to provide electricity for key infrastructure projects such as high-speed rail systems, international seaports, industrial parks, and residential areas.
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The Vietnam Exhibition Center located in Dong Anh, Hanoi, constructed by Vingroup in nearly 10 months, is now operational. Photo: Vingroup |
The Vietnam Exhibition Center located in Dong Anh, Hanoi, constructed by Vingroup in nearly 10 months, is now operational. Photo: Vingroup
Vingroup is one of Vietnam's leading multi-industry corporations. As of June 30th, Vingroup had total assets of over 960,000 billion VND. Net revenue and consolidated after-tax profit in the first half of 2025 reached over 130,000 billion VND and over 4,500 billion VND, respectively.
Previously, the group's three main business segments were commerce and services, technology and industry, and social philanthropy. In technology and industry, VinFast stands out, having delivered over 67,500 cars in the first six months of the year and over 114,000 electric motorbikes. Vinhomes, Vincom Retail, and Vinpearl are well-known brands in residential real estate, retail real estate, and tourism and entertainment, operating in the commerce and services segment.
In social philanthropy, the corporation operates Vinmec, Vinschool, VinUni, and the Thien Tam Fund. Vingroup has donated nearly 30,000 billion VND to social and charitable activities.
Van Ha
