Vingroup, Intel ink MoU to develop advanced technologies

Le Thi Thu Thuy, Vice Chairwoman of Vingroup (sixth from left) shakes hands with Pat Gelsinger, Intel CEO at the signing ceremony. (Photo: VNA)

Hanoi - Vietnamese conglomerate Vingroup on May 31 announced that it has signed a Memorandum of Understanding with Intel to create a wide range of advanced computing systems.

Under the MoU, the two sides will work to explore opportunities for 5G-enabled smart city and smart building solutions, which can be applied to Vinhomes' Smart City projects. They will also collaborate in creating and deploying smart factory Internet of Things (IOT) solutions for VinES batteries manufacturing and VinFast electric vehicles manufacturing.

Both companies will also work together to define a shared vision of future in-vehicle computing platforms and build scalable in-vehicle computing platforms for ADAS based on Mobileye technology and infotainment systems.

Le Thi Thu Thuy, Vice Chairwoman of Vingroup said that Vingroup has always been a pioneer in bringing consumers smart products and services integrated with world-class technologies, advanced features and outstanding experiences to improve their lives.

Meanwhile, Pat Gelsinger, Intel CEO said the company has the depth and breadth of software, silicon and platforms, and process with at-scale manufacturing our partners need for their next-generation innovations.

Vingroup recently adjusted its orientation and redefined three key groups of activities, namely technology and industry, trade and services, and social enterprise.

To develop the technology and industry group, it focuses on two main strategies, namely building Vingroup's technology ecosystem and connecting global intelligence – cooperating with the world's leading technology partners to accelerate the application of the most advanced and new technologies to Vingroup's products and services.