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Saigon Times Group is a leading Vietnamese media organization with prestigious business and consumer publications. After three decades of development, we have built a good reputation through our publications on economy, business and markets for Vietnamese and foreign readers.

Basic

Free

  • Free access to daily domestic news, podcasts and videos

Premium

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(VND 23,900)
Monthly Annual

  • Unlimited access to domestic news, podcasts, videos and magazine articles on current social / economic / trade / investment issues, commodity / financial/securities markets, M&A activity, FDI, local and foreign business communities and more.

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  • Your payment method will then be automatically charged ₫ 899.000 every 365 days thereafter.
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28.9 C
Ho Chi Minh City
Thursday, July 3, 2025

Vingroup opens robotics subsidiary

The Saigon Times

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HCMC – Vietnamese conglomerate Vingroup (HOSE, ticker: VIC) has announced to launch VinRobotics, which focuses on AI and robotics development, and has total charter capital of VND1 trillion.

Vingroup holds 51% of the shares, while the conglomerate’s chairman, Pham Nhat Vuong, owns 39%, and each of his two sons, Pham Nhat Quan Anh and Pham Nhat Minh Hoang, holds 5%. The CEO position of VinRobotics is held by Ngo Quoc Hung.

VinRobotics specializes in the research, development, and transfer of cutting-edge technologies, with a focus on automation, industrial robotics, and artificial intelligence (AI).

The company manufactures and integrates intelligent robots and robotic solutions to optimize production processes and enhance work efficiency in industries, services, and everyday life.

In addition to developing innovative technologies, VinRobotics will focus on creating applications for businesses to streamline processes and enhance work performance.

According to Vingroup, the establishment of VinRobotics is an important step in completing the high-tech industrial ecosystem, one of the three core pillars of the group.

Closing the trading session today, VIC remained unchanged at VND40,350 per share, with 1.8 million shares changing hands.

On the southern exchange, the VN-Index rebounded strongly as it climbed by 11.39 points, or 0.95%, against the day earlier at 1216.54 points, after four consecutive sessions of decline, with 250 winners and 148 losers.

More than 767.5 million shares worth VND17.8 trillion were traded, up by 50% in volume and 34.4% in value compared to the previous session. Block deal transactions contributed around VND2.6 trillion to the overall value.

The real estate stock sector remained in the spotlight, with BCM and VHM both rising by over 2.6%. DXG surged by 6.2% with a spike in liquidity, totaling 48.85 million shares, while NVL gained 4.7% and traded over 20 million shares.

In contrast to the overall positive market trend, Viettel-affliated stocks underperformed. VTP briefly hit the floor and closed down 5% at VND113,100, while CTR ended the day 0.5% lower.

On the northern exchange, the HNX-Index added 1.6 points, or 0.73%, versus the previous day, at 221.29 points, with 99 advancers and 55 decliners. Around 51.8 million shares changed hands, with a total value of VND885.7 billion.

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