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Vingroup: From Island Dreams to EV Global Dominance
11 Dec
Summary
- Vingroup transformed Hon Tre Island from barren land into a luxury resort.
- VinFast leads Vietnam's EV market, selling over 100,000 vehicles in 2025.
- Vingroup expands into industrial sectors and ESG++ urban development.
Vingroup's journey began with an audacious transformation of Vietnam's Hon Tre Island, turning a challenging landscape into a luxury resort and groundbreaking infrastructure, setting a precedent for ambitious development. This pioneering spirit now defines its global ventures, most notably VinFast. The electric vehicle arm has reshaped Vietnam's mobility sector, achieving over 100,000 sales in 2025 and expanding internationally with a strong focus on markets like India.
Beyond mobility, Vingroup is deepening its industrial footprint with initiatives like VinMetal and VinSpeed, aiming to bolster Vietnam's manufacturing and transportation capabilities. Simultaneously, a new focus on culture seeks to nurture creative talent and promote Vietnamese heritage globally. These expansions reflect a strategy to build strategic industrial depth and cultural influence.
The group's forward-thinking approach is further exemplified by its ESG++ megacity project, Vinhomes Green Paradise in Can Gio. Designed for ecological preservation and sustainable living, it has been recognized as a candidate for the New7Wonders 'Seven Wonders of the Future Cities,' showcasing Vingroup's commitment to innovative, environmentally conscious development that anticipates future global needs.
