VinRobotics: Vingroup's New Venture for better Automation and Robotics

November 20, 2024, Hanoi In a major step in transforming Vietnam's high-tech industrial environment, Vingroup announced the founding of VinRobotics Research, Development, and Application Company. VinRobotics, which has a VND 1,000 billion charter capital, wants to improve production efficiency and streamline procedures in everyday life, services, and businesses.

Structure and Ownership

As per Vingroup’s Board of Directors’ decision:

• Vingroup holds a 51% stake in VinRobotics.
• Mr. Pham Nhat Vuong contributes 39%.
• Mr. Pham Nhat Quan Anh and Mr. Pham Nhat Minh Hoang each hold 5%.
• Mr. Ngo Quoc Hung has been appointed as the CEO, bringing expertise to lead the company's ambitious vision.

Focus Areas and Objectives

VinRobotics will operate in key areas, including:

• Research and development of industrial robots for production optimization.
• Integration of Artificial intelligent solutions for enhancing productivity in various sectors.
• Delivering cutting-edge solutions to industries and businesses.

The company's main objective is to become a leader in the provision of high-tech, intelligent goods and solutions in Vietnam and the surrounding area, extending outside the Vingroup ecosystem to assist other businesses and industries.

Vision for the Future

CEO Mr. Ngo Quoc Hung stated:

"In this technology-driven era, high-intellectual-value products and solutions significantly contribute to societal development. VinRobotics’ automation products will deliver long-term value to Vingroup and the global business community."

VinRobotics will use the Internet of Things (IoT), artificial intelligence, and cutting-edge technology to develop intelligent robotic solutions for contemporary production lines and everyday applications as part of Industry 4.0.

Strengthening Vingroup's Core Pillars

The establishment of VinRobotics solidifies Vingroup’s high-tech industrial ecosystem, complementing its other pillars:

• Trade and Services
• Social Enterprise
• High-Tech Industry

Vingroup already leads Vietnam in several sectors:

• ​VinFast electric cars.
• VinBigdata, VinAI, and VinBrain.

The addition of VinRobotics aligns with the group's commitment to shaping Vietnam’s technological future and fostering innovation on a global scale.