Business Daily Media

The Times


.

Vingroup Builds Vietnam’s Future by Pursuing the Hard Path

Vingroup’s story unfolds as a company that repeatedly opts for the hardest path, turning improbable ambitions in cars, cities and culture into a broader statement about Vietnam’s willingness to attempt what once seemed out of reach.

HANOI, VIETNAM - Media OutReach Newswire - 26 November 2025 - The electric vehicle manufacturer VinFast began as a question few in Vietnam had ever asked. Could, or even should, a Vietnamese company build a modern automotive brand capable of joining the global race toward electric mobility.

The electric vehicle manufacturer VinFast

Less than a decade ago, the idea sounded unrealistic to many observers.
Vietnam had never produced mass market automobiles, and the global field was dominated by long established giants. Yet Vingroup, Vietnam's largest private conglomerate, moved ahead. Land was reclaimed from the sea so quickly that even Google Maps struggled to update. Production lines rose. Engineers from many countries worked side by side. The ambitious proposal became vehicles rolling out of factories at a speed that surprised supporters and critics alike.

VinFast now leads the domestic market for eleven consecutive months and is expanding globally with growing confidence. Its premium VF 8 is already present in demanding international regions, including the Middle East, where the company is building a selective but strategic foothold across several markets.

The carmaker's story is emblematic of how Vingroup approaches every new frontier. It relied on conviction. Enter a difficult space. Push until the impossible feels ordinary. This mindset shaped the next chapter in Vingroup's domestic development.

For three decades, Vinhomes has reshaped Vietnamese urban living, and its peak ambition emerges in Cần Giờ with Vinhomes Green Paradise. Positioned where mangrove forest meets sea, the project expresses an Eastern view of ESG that treats environmental balance as a living principle. Electric transit, responsive environmental monitoring and regeneration focused design work together to create a city that grows with nature, not against it. It stands as Vietnam's model for future coastal development grounded in harmony and sustainability.

As Vingroup advanced in technology, mobility and real estate, another need became clear. Vietnam was building faster than ever, yet its cultural identity and creative voice required stronger support. In 2025, Vingroup announced Culture as a new core pillar. This shift moves beyond economic development and into the foundation of a nation's spirit. The Culture pillar supports traditional arts, encourages modern creativity and creates professional environments where artists can develop long term careers. It includes education for young talent, film production and distribution and the organization of major cultural events.

This expansion allows Vietnam to host world class artistic experiences that can attract international tours and global performers. It positions the country to welcome cultural phenomena on the scale of G-Dragon's Ubersmench tour and other large format events that define modern entertainment. The aim is clear. Vietnam should not only export culture but also become a destination that global artists view as essential.

Vingroup's path reveals a consistent pattern. Build a car in a country without a truly domestic brand. Build cities that challenge old limits. Build cultural platforms that open the door for global artistic exchanges. Each move widens the scope of what a Vietnamese conglomerate can contribute to the world. The story continues to evolve as the company keeps choosing the hard thing and pursuing it with full commitment.

Hashtag: #Vingroup

The issuer is solely responsible for the content of this announcement.

News from Asia

Singapore’s Largest Pet Event Returns Bigger Than Ever with Singapore Pet Festival 2026

Featuring Cesar Millan’s Singapore Debut, Over 300 Exhibitors, 800+ Brands, International Competitions, and Four Halls of Pet ExperiencesSINGAPORE - Media OutReach Newswire - 24 July 2026 - Pet lo...

Escape the Heat: Journey from Vietnam to Guizhou's 23°C Summer Paradise

GUIZHOU, CHINA - Media OutReach Newswire - 24 July 2026 - As July brings scorching heat to Vietnam, Guizhou enjoys a refreshing breeze. Recently, a group of Vietnamese travel merchants and tourism...

From Mexico to Hong Kong, Jose Manuel Cervantes Sanchez is Building Bridges Through Media at CUHK

HONG KONG SAR - Media OutReach Newswire - 24 July 2026 - As the media industry becomes increasingly global and interconnected, students are seeking education that spans cultures and markets. For J...

Shorter Trips, More Meaningful Experiences: OZO Taps into the Rise of Micro-trips Across Asia-Pacific

From spontaneous seaside escapes to culture-filled city breaks, OZO makes it easier for travellers to recharge, explore and enjoy more of what they love—even when time is limitedBANGKOK, THAILAND -...

Novum Studio Secures New Funding to Launch Ahoy Project, an AI-Native Enterprise Transformation Platform, Building on Its 20-Million-User Gen Z App Frog

Novum Studio has raised a new round of funding to launch Ahoy Project, its enterprise AI solution, with internal testing scheduled for July 2026.

Banyan Group Residences Unveils Exclusive Banyan Tree Beach Residences Varuna at Laguna Phuket

A limited collection of eight beachfront townhomes offers a rare opportunity to own directly on Bang Tao Beach.PHUKET, THAILAND - Media OutReach Newswire - 24 July 2026 - Banyan Group Residences ...

Yung’s Bistro Unveils Its New Presence at K11 MUSEA

HONG KONG SAR - Media OutReach Newswire - 24 July 2026 - Yung's Bistro, the contemporary dining concept under Yung Kee Restaurant, today announced the official opening of its relocated venue at Sh...

Netvigator wins Six Ookla® Speedtest® awards again

Retains Fastest, Best Fixed Broadband and Top-Rated Network Earns Hong Kong's Most Consistent Fixed Network recognition for the first time HONG KONG SAR - Media OutReach Newswire - 24 July ...

Vinhomes Advances Two ESG++ Mega-Projects, Shaping Sustainable Urban Development From North To South Vietnam

With a combined footprint of over 9,000 hectares, the twin developments, Vinhomes Green Paradise in the south and Vinhomes Global Gate Ha Long in the north, position Vietnam's real estate sector at...

Breaking the Bed Bug Control Industry Bottleneck: Nobedbugs-HK Redefines Global Bed Bug Eradication Standards with Proprietary Technology

HONG KONG SAR - Media OutReach Newswire - 24 July 2026 - Against the backdrop of surging global mobility and expanding business travel sectors, densely populated urban residential blocks and comme...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...