May 06, 2024

Vingroup (VN) | A Good Land Attracts Good Birds | 3/5

26 minutes

Pham Nhat Vuong is often called the Elon Musk of Vietnam.

Vuong founded Vingroup, Vietnam's largest conglomerate, contributing nearly 2% to the nation's GDP. The company spans six key sectors, with real estate as its main driver, accounting for 70% of its revenue and boasting $17.6 billion in assets.

Globally, Vingroup is recognized through its subsidiary VinFast, a venture full of challenges yet poised to revolutionize the company much like Samsung Electronics transformed Samsung Group.

Episode 1: Vuong’s early entrepreneurial efforts start unexpectedly in Russia and Ukraine, where initial failures left him deeply in debt.

Episode 2: Tracks Vuong's venture into Vietnam with luxury resort chain VinPearl.

Episode 3: Highlights the meteoric rise of Vingroup's real estate sector, becoming the cornerstone of the conglomerate.

Episode 4: Chronicles the bold leap into electronics with VinSmart, a move that proved costly.

Episode 5: Examines VinFast's turbulent rise and steep challenges, as it races to establish itself in the auto industry.

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By 1UpMedia

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