VinSmart no longer manufactures smartphones in Vietnam
The Vietnamese tech company will develop smart cars, homes and cities in the coming time.
The Vietnamese tech company will develop smart cars, homes and cities in the coming time.
A subsidiary of Vingroup has gradually materialized its goal of expanding business in the global market.
Commercializing 5G by 2021 is a target for Vietnam to implement the national digital transformation.
Vingroup plans to sell Vsmart smartphones in 2020 and VinFast cars in 2021 into the US market, Vice Chairwoman of Vingroup Le Thi Thu Thuy told an interview on CNN.
This facility will be used to develop new mobile technologies and provide testing services for Vietnamese partners like VinSmart, BKAV and Viettel.
According to the agreement, Vingroup’s retail arm VinCommerce and its subsidiary VinEco would merge into Masan Consumer Holdings, the retail consumer business of Masan.