Business

Vingroup launches VinRobotics: a leap into the future of automation

Vietnamese conglomerate Vingroup on November 20 announced the establishment of VinRobotics JSC, with a charter capital of 1 trillion VND (40 million USD), aiming to revolutionise production efficiency and optimise processes across industry, services and daily life through production and integration of smart robots and robotic products.

Illustrative image (Photo: Vingroup)
Illustrative image (Photo: Vingroup)

Hanoi (VNA) – Vietnamese conglomerate Vingroup on November 20 announced the establishment of VinRobotics JSC, with a charter capital of 1 trillion VND (40 million USD), aiming to revolutionise production efficiency and optimise processes across industry, services and daily life through production and integration of smart robots and robotic products.

According to a resolution recently approved by its Board of Directors, Vingroup holds a majority stake of 51% in VinRobotics. Pham Nhat Vuong contributes 39%, while his sons Pham Nhat Quan Anh and Pham Nhat Minh Hoang each own 5%. The position of General Director is held by Ngo Quoc Hung.

VinRobotics specialises in research, development and transfer of advanced technologies, particularly in automation, industrial robotics, and artificial intelligence (AI). Its goal is to become a leading entity in providing advanced smart products and hi-tech solutions, not just within the Vingroup ecosystem but also other businesses in key economic and industrial sectors across Vietnam and the broader region.

The establishment of VinRobotics JSC marks a significant milestone in Vingroup’s ongoing efforts to perfect its hi-tech industrial ecosystem, which stands as one of its three core pillars alongside commerce-services and social philanthropy.

Vingroup is already a pioneer in Vietnam’s automotive industry with its flagship electric vehicle brand VinFast. The group has also made significant strides in AI and big data technologies through its brands VinBigdata, VinAI, and VinBrain./.

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