Vietnamplus

The VinSmart electronic equipment factory complex currently has a capacity of up to 23 million products per year, and is conducting testing and manufacturing made-in-Vietnam 5G smartphones.

The VinSmart electronic equipment complex boasts a capacity of up to 23 million products per year, and is testing and manufacturing made-in-Vietnam 5G smartphones.

Vietnam’s smartphone market has seen a number of new names this year, besides Samsung, Oppo and Apple which have been dominant in the market for many years.

While the commercial 5G network is not yet operational in Vietnam, local tech firms are exporting their 5G technology to the world.

The first Vietnamese smartphone supporting 5G has been successfully developed by Vinsmart, the technology arm of the conglomerate Vingroup, in cooperation with US chipmaker Qualcomm.

A ventilator model produced by Vinsmart, a member of Vingroup, has obtained approval for sale from the Ministry of Health.

Vietnamese conglomerate Vingroup will give 2,400 invasive ventilators to Russia and Ukraine to help treat COVID-19 cases in the two countries between May 15 to August 30.

Vingroup has announced it has completed the design and is preparing to introduce to the market two invasive ventilator models which adhere strictly to international standards while achieving a significantly high localisation rate in design and manufacture.

Vsmart phones now account for 16.7 percent of the Vietnamese smartphone market just 15 months since they were launched by VinSmart, a subsidiary of conglomerate VinGroup.

Vietnamese mobile phone manufacturers face severe competition, and struggling to retain market share, from foreign players across segments, experts warn.

Phones made by local manufacturer Vsmart have surpassed those of US giant Apple, in terms of retail revenue in the Vietnamese market in January.

Vietnam should pen a general plan to shape up an electronics sector with higher value as the industry is currently assembling and processing simple products, according to experts.

The VinSmart Research and Manufacturing Company has inaugurated a new production line at its facility in Hanoi’s Hoa Lac Hi-Tech Park, after completing the first phase of the project.

Four smartphones produced by VinSmart, a subsidiary of Vietnamese property and retail conglomerate Vingroup, have officially hit stores in Russia.

Vietnamese mobile phone producers have begun efforts to make inroads into global markets when they have made debut several types of their products in other countries recently.

VinSmart began selling its Vsmart smartphones in Myanmar on May 29, aiming to become the country’s first globally recognised smartphone brand.

VinSmart Company, a subsidiary of Vingroup, announced on March 20 that its Vsmart smartphones would be distributed in Spain by Media Markt.

Vietnam’s first car manufacturer VinFast, under Vingroup, presented the designs for its new line of vehicles named Premium, and officially launched a contest to select the public’s favourite designs on January 15.

VinSmart, a subsidiary of Property developer Vingroup, officially launched four new smartphones on December 14.

Vingroup has become the first and only private firm listed among Vietnam’s top 10 largest businesses (VNR500), according to the latest Vietnam Report JSC.