Business Daily Media

The Times Real Estate

.

Vingroup collaborates with Intel; Signs agreement to develop advanced technologies

HANOI, VIETNAM - Media OutReach - 31 May 2022 - Vingroup today announced that it has signed a Memorandum of Understanding with Intel to create a wide range of advanced computing systems including 5G enabled smart city and smart building solutions, smart manufacturing processes, cloud services and AI as well as ADAS based on Mobileye technology.



Madam Le Thi Thu Thuy, Vingroup Vice Chairwoman and Mr. Pat Gelsinger, Intel CEO at the signing ceremony.
Madam Le Thi Thu Thuy, Vingroup Vice Chairwoman and Mr. Pat Gelsinger, Intel CEO at the signing ceremony.

The collaboration is part of a continued effort from Vingroup to work with top tier global suppliers who can aid with manufacturing development, smart services and electric vehicle initiatives. Intel is at the forefront of data analytics, artificial intelligence and in-vehicle computing advancements that are changing the experience and business of driving.

Under the agreement, Vingroup and Intel will work to explore opportunities for 5G-enabled smart city and smart building solutions, which can be applied to Vinhomes' Smart City projects. The companies will also work to collaborate around creating and deploying smart factory IOT solutions for VinES batteries manufacturing and VinFast electric vehicles manufacturing.

Vingroup and Intel will collectively define and build both an optimized and scalable computing architecture for AI training and inference for Vingroup's in-vehicle and cloud applications that enables a specific in-vehicle experience for consumers and an optimized multi-cloud strategy to potentially migrate and deploy open-source in-vehicle and in-building applications. The applications can include high-performance data management systems for ADAS and Infotainment, manufacturing and supply chain management along with enterprise solutions for Vingroup facilities.

Both companies will also work together to define a shared vision of future in-vehicle computing platforms and build scalable in-vehicle computing platforms for Advanced Driver Assistance Systems (ADAS) based on Mobileye technology and infotainment systems that deliver a unique in-vehicle experience for Vingroup and VinFast customers and create a suite of services that will differentiate them from competitors.

Le Thi Thu Thuy, Vice Chairwoman of Vingroup said: "Vingroup has always been a pioneer in bringing consumers smart products and services integrated with world-class technologies, advanced features and outstanding experiences to improve their lives. We work towards realizing this vision through partnerships like this, to create a smarter and more sustainable future for everyone."

"The digitization of everything is contributing to the insatiable need for semiconductors, especially in the automotive sector. Intel has the depth and breadth of software, silicon and platforms, and process with at-scale manufacturing our partners need for their next-generation innovations. This collaboration with Vingroup can help deliver needed technology innovations for safer roads, more sustainable manufacturing and smarter cities," said Pat Gelsinger, Intel CEO.

Vingroup recently adjusted its orientation and redefined three key groups of activities, namely technology and industry, trade and services, and social enterprise. To develop the technology and industry group, Vingroup focuses on two main strategies: building Vingoup's technology ecosystem and connecting global intelligence – cooperating with the world's leading technology partners to accelerate the application of the most advanced and new technologies to Vingroup's products and services.


About Vingroup

Established in 1993, Vingroup is one of the leading private conglomerates in the region, with a total capitalization of $35 billion USD from three publicly traded companies. Vingroup currently focuses on three main areas: Technology and Industry, Services, and Social Enterprise. Find out more at: .

#Vingroup

News from Asia

SonicWall Redefines Cybersecurity, Sets New Standard with Next Generation Network Security Solutions Built for MSPs

Delivering peace of mind with layered security, co-managed services and a unified management platform, SonicWall is helping partners grow services profitably through its continued innovation levera...

BNM’s Policy Rate Call Looms: Octa Broker Highlights Inflation, Exchange Rate and Trade Challenges

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 6 May 2025 - This Thursday, Bank Negara Malaysia (BNM) will announce its policy rate decision. While most analysts expect no change, Octa Broker ...

TDCX retains rank as the top Southeast Asian outsourced CX provider

Among top 17 globally in OA500 Index that evaluates BPO firms worldwide SINGAPORE - Media OutReach Newswire - 7 May 2025 - TDCX, a leading global business process outsourcing (BPO) company for te...

NIA Eyes Green Tech Unicorns Within Three Years, Four Thai Startups Set to Showcase at ‘Web Summit Qatar 2025’ as Global Green Innovation Market Forecasts 25% Annual Growth Over the Next Decade

BANGKOK, THAILAND - Media OutReach Newswire - 7 May 2025 - The Ministry of Higher Education, Science, Research and Innovation (MHESI), through the National Innovation Agency (Public Organization)...

Trend Micro Delivers AI-Powered Threat Detection with AWS Infrastructure Support and NVIDIA Integration

Proactive security with AI-powered model built for modern enterprise workloads HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cyb...

Bee Choo Origin Strengthens CSR Efforts with Electric Van Donation to NKF

SINGAPORE - Media OutReach Newswire - 7 May 2025 – Bee Choo Origin, Singapore’s leading herbal hair care brand that specialises in hair fall treatment and oily scalp treatment, has reaffirmed it...

SMART launches new research group WISDOM to pioneer technologies that will help machines "see" like humans

Multi-million-dollar, three-and-a-half-year programme to advance Singapore’s optoelectronics and photonics capabilities and semiconductor industry, which generated over S$133 billion in 202...

Vingroup and the Rise of the ESG Ecosystem

Vingroup is positioning itself to lead Vietnam's ESG push, using its broad business network to drive sustainable growth at home and abroad, while eyeing partnerships in the Middle East's expanding ...

DFI Retail Group and Dingdong Announce Strategic Partnership With first-year sales target of HKD100 million

HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - DFI Retail Group (DFI or the Group), and Dingdong (Cayman) Limited (Dingdong or DDL), a leading fresh food e-commerce platform in the mainlan...

Blue Cross Surpasses Market Average with Over 20% Growth in 2024

HONG KONG SAR - Media OutReach Newswire - 7 May 2025 - Blue Cross (Asia-Pacific) Insurance Limited ("Blue Cross") reported outstanding performance in the 2024 provisional statistics for Hong Kong ...

UNSW startup accelerator offers $200K to the next generation of Australian deeptech unicorns

UNSW Founders, Australia’s most recommended startup accelerator, has partnered with fund manager Luminary Partners to invest $200,000 each into 18...

The Future Is Now: AI Modernization Is Reshaping How Business Gets Done

The present business environment imposes stronger requirements on Australian organizations to match the fast-paced digital-first economy requireme...

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

AI shopping disruptor Zyft raises $7.5M to lead the next gen of retail tech

Zyft appoints new CEO, Richard Stevens, to lead the latest Waller Group success story, valued at $30 million SYDNEY, 28 April 2025: Zyft, the lea...

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Sell by LayBy