VinGroup

GSM Green and Smart Mobility JSC (GSM), a ride-hailing service founded by chairman Pham Nhat Vuong of Vietnam’s top conglomerate Vingroup, and 75 transport companies and cooperatives in the Philippines will join hands to deploy up to 18,497 VinFast electric vehicles (EV) for passenger transport operations.

VinFast, the electric vehicle (EV) maker under Vietnam's conglomerate Vingroup, is set to restructure by offloading its entire domestic manufacturing footprint with factories, production lines, and battery facilities, in a deal worth $530 million.

VinFast, the electric vehicle manufacturer under Vietnam's conglomerate VinFast, reached a global delivery of 58,577 electric vehicles (EVs) in the first quarter of 2026, up 61 percent year-on-year, according to its release on Wednesday.

VinDynamics, a robotics company under Vietnam's conglomerate Vingroup, and Germany's motion technology firm Schaeffler will collaborate on research and development in humanoid robotics.

VinSpace, the aerospace subsidiary of Vietnam's conglomerate Vingroup, is developing nanosatellite technology with plans to launch its first satellites into orbit by 2027, as part of efforts to build a domestic space industry supporting socio-economic development.

Green and Smart Mobility (GSM), the ride-hailing service under the ecosystem of Vietnam's conglomerate Vingroup, has launched its shared business platform, Green SM Platform, in Indonesia and the Philippines.

VinFast, the electric vehicle (EV) manufacturer of Vietnam's conglomerate Vingroup, aims to raise its localization rate from 60 percent to 80 percent in 2026.

Vietnam's top conglomerate Vingroup will invest $6.5 billion in India's state of Maharashtra, including $1.5 billion in electric mobility.

VinFast, the electric vehicle (EV) manufacturer under Vietnam's top conglomerate Vingroup, reported a revenue of $3.6 billion and delivery of 196,919 vehicles in 2025, according to its preliminary and unaudited financial results released on Tuesday.

The family of Pham Nhat Vuong, Vietnam's richest billionaire per Forbes estimation and chairman of conglomerate Vingroup, has founded GSM VN Holding with a charter capital of VND43,313 billion ($1.7 billion).