Vingroup announces the launch of VinRobotics

Vingroup launched VinRobotics on November 20 with a charter capital of around $41.5 million. The company intends to position itself as a leader in providing intelligent, high-tech products and solutions across Vietnam and the region.

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"With the development of AI, the Internet of Things, and other advanced technologies, smart robots are becoming indispensable in the production lines of Industry 4.0 factories and in various aspects of daily life," said Ngo Quoc Hung, CEO of VinRobotics, "We believe VinRobotics’ automation products and solutions will bring long-term value, not just to Vingroup but also to Vietnam's business community and the global market."

In addition to its focus on innovation, VinRobotics is prioritising the application of its technologies for businesses. According to Vingroup, the company’s clientele will extend beyond Vingroup’s ecosystem to include enterprises in other key economic and industrial sectors.

VinRobotics operates in advanced technology research, development, and transfer, with a focus on automation solutions, industrial robots, and AI. Its portfolio includes the production and integration of intelligent robotic systems designed to optimise manufacturing processes and enhance efficiency across industries, services, and daily life.

The company’s capital structure reveals Vingroup holds a 51 per cent stake, while its chairman, Pham Nhat Vuong, owns 39 per cent. The remaining shares are evenly divided between Vuong’s two sons, Pham Nhat Quan Anh and Pham Nhat Minh Hoang.

This marks yet another addition to Vuong's growing portfolio of high-tech industrial ventures in 2024. He founded V-GREEN, a company dedicated to developing charging stations to support VinFast's global expansion, last March. Following that, he established companies focused on electric car sales, leasing, and driving schools, further expanding Vingroup’s ecosystem.

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