A factory of VinFast in Hai Phong city (Photo: VNA)
Hanoi (VNA) – Conglomerate VinGrouphas set up VinBus, its subsidiary specialising in transport services, announcedthe property developer on May 2.
VinBus is scheduled to provide its publictransport services starting in March next year in five major cities of Vietnam,including Hanoi, Hai Phong, Da Nang, Ho Chi Minh City and Can Tho, with achartered capital standing at 1 trillion VND (about 43 million USD).
To meet travelling demand and contribute tothe building of a public transport network while reducing gas and noise, VinBuswill use as many as 3,000 electric buses to be manufactured by VinFast, anotherVinGroup’s subsidiary.
VinFast’s factory on electric buses isbeing under construction. German industrial manufacturing company Siemens willbe VinFast’s technology and component provider.
According to Vingroup Vice President andGeneral Director Nguyen Viet Quang, the conglomerate has set itself a target ofdeveloping and popularising environmentally-friendly vehicles which run withelectricity, and gradually replacing those run on petrol.
It is also a significant move of the groupto offer new services and experiences in high-technology application topassengers. -VNA
Vietnamese automaker VinFast announced on April 16 that the firm will officially put its automobile manufacturing factory into operation in June this year, three month earlier than the initial schedule.
Giant IT-real-estate-manufacturing-retail conglomerate Vingroup on April 17 opened VinAI Research, a research institute focusing on artificial intelligence (AI) with the goal of elevating Vietnam’s role in the AI world.
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The festival marks a significant milestone in promoting the brand, value, and legacy of traditional fish sauce - a product deeply rooted in the island’s identity and history spanning over 200 years.
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The group also placed among the Top 5 energy companies in Southeast Asia and secured the top spot among the largest Vietnamese enterprises featured on the list.
The zone will cover 1,881 ha, comprising functional areas for production, logistics, trade and services, digital technology industry, information technology, and innovation.
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