Modern Australian
Men's Weekly

.

Green Transition: An Irreversible Global Trend and Vingroup’s Pioneering Steps

HANOI, VIETNAM - Media OutReach Newswire - 20 August 2024 - Vingroup, Vietnam's largest private conglomerate, is leading the charge towards a sustainable future. As the global race to net zero intensifies, Vingroup is leveraging its resources to drive green initiatives across its businesses, from real estate to electric vehicles.

The company is positioned as a pioneer in Vietnam's green transition.

Vinhomes Ocean Park 1 urban area, part of the Vingroup ecosystem
Vinhomes Ocean Park 1 urban area, part of the Vingroup ecosystem

Vingroup has clearly defined its pioneering role in promoting the green transition, not just through words but through concrete actions. Notable examples include Vinhomes' green real estate strategy and VinFast's electric vehicle product lines. These bold moves by Vingroup are shaping a green ecosystem, creating a new, environmentally friendly, and smarter lifestyle in Vietnam.

In the real estate sector, Vinhomes has pioneered the development of green urban areas, creating favorable conditions for residents to adopt a green lifestyle. With amenities such as electric vehicle charging stations and readily available electric buses, and meticulously planned green spaces, Vinhomes is not just building houses but also creating sustainable living environments where residents can enjoy a healthy, convenient life while contributing to environmental protection.

VinFast, Vingroup's automotive arm, transitioned to producing fully electric vehicles in 2022. Through attractive promotional and marketing campaigns, this subsidiary has encouraged its Vietnamese customers to join the national green transition initiative while simultaneously transforming the entire automotive market landscape in the country. Customers enjoy perks like free parking, long-term free charging, and assistance with installing home charging stations. VinFast vehicles are not only environmentally friendly but also feature futuristic designs, smart safety features, and advanced technology, symbolizing a new lifestyle.

Having achieved unicorn status, VinFast earned a place on TIME Magazine's 2024 list of the 100 Most Influential Companies, joining the ranks of global giants like Google, Microsoft, and BMW. VinFast is making a strong push into international markets, including the US, Canada, Europe, and Asian countries like India, Indonesia, and the Philippines.

On July 31st, the company made a significant move by opening its first Middle East showroom in Oman, marking its entry into this region. The next target markets are Qatar and the UAE, where VinFast has recently completed partnership agreements with local dealerships. VinFast's diverse product portfolio and excellent after-sales services promise to deliver unique and exciting experiences in the journey toward electrification for consumers in the Middle East.

Vingroup's real estate and electric vehicle sectors have become significant revenue drivers, exceeding $6.5 billion in 2023. In the first quarter of 2024, the company reported a consolidated net revenue of $853.7 million and a net profit of $52.5 million, highlighting its financial strength and the importance of its key business sectors.

In March 2023, Pham Nhat Vuong, Chairman of Vingroup, established GSM, Vietnam's first all-electric ride-hailing service using 100% VinFast all-electric cars. These partnerships and initiatives not only promote VinFast electric vehicles but also help establish smart, environmentally friendly transportation habits among Vietnamese people.

With its strategic vision and concrete actions, Vingroup is not only solidifying its position in Vietnam but also making its mark internationally, building a green and smart ecosystem aimed at a sustainable future. Vingroup's efforts were further recognized with the ASEAN Sustainable Technology Award 2023, affirming its commitment to integrating sustainable practices into its core business strategies. The path ahead holds immense potential, and this Vietnamese conglomerate appears well-positioned to make a lasting impact.

Hashtag: #VinFast


The issuer is solely responsible for the content of this announcement.

Sydney Property Lawyers: Your Complete Guide to Smooth Transactions

Navigating the Sydney property market can feel like traversing a minefield, can't it? The process, laden with legal jargon and complex procedures, o...

Electrician Perth: Your Go-To Guide for Home Electrical Safety

When it comes to keeping your home safe and sound, electricity is something you simply can't afford to ignore. Faulty wiring, outdated switchboards...

Pontoon Boats - The New Must-Have for Luxe Canal Homes

If you are living on a canal in Australia, you are already living the dream. But living near the water without a boat is like owning a horse without...

Perth Airport Transfers: Choosing the Right Service

Touching down in a new city can be exciting, but let's be honest, it can also be a bit stressful. After a long flight, the last thing you want to wo...

How to Save Smart: Cheapest Travel Insurance for Schengen Visa without Cutting Corners

Picture this: you’ve found a last-minute flight to Milan, your hotel booking comes with breakfast and a rooftop view, and your itinerary is ready ...

Keeping Lone and Remote Workers Safe: Employer Duties and Practical Solutions

In Australia, thousands of employees work alone, in remote locations, or in direct contact with the public every day. While these roles are critical...

How Your General Dentist Supports Your Smile Over a Lifetime

A healthy grin is more than just a desirable feature; it reflects overall health, well-being, and self-esteem. Our oral health needs evolve from chi...

A Brighter Smile in Sydney: Expert Cosmetic Dentists and Veneers Solutions

A confident smile can open doors, boost your self-esteem, and leave a lasting impression. In Sydney, more people than ever are turning to cosmetic den...

How To Keep Vase Flowers Fresh Through Australia’s Coldest Months

Winter flowers develop slowly, which gives them stronger structure and longer vase life Heat from indoor environments is the biggest threat to th...

Artificial Intelligence is Powering the Growth of Australian Telehealth Services

Many Australians have traditionally experienced difficulties in accessing timely and quality healthcare, especially those who live in rural or remot...

VR Training in Australia – Customer Service Risk Management

In today’s rapidly evolving workplaces, Australian organisations are turning to immersive learning tools like VR to handle specialised needs such ...

Powering Shepparton’s Businesses: Expert Commercial Electrical Services You Can Count On

When it comes to running a successful business, having reliable, compliant, and efficient electrical systems is non-negotiable. From small retail ou...

Maximise Efficiency: Cleaner Solar Panels for Optimal Performance

Solar panels are a smart investment in energy efficiency, sustainability, and long-term savings—especially here in Cairns, where the tropical sun ...

7 Common Air Conditioner Issues in Melbourne – And How to Fix Them

Image by freepik Living in Melbourne, we all know how unpredictable the weather can be. One moment it’s cold and windy, the next it’s a scorchin...

Powering Palm QLD with Reliable Electrical Solutions

Image by pvproductions on Freepik When it comes to finding a trustworthy electrician Palm QLD locals can count on, the team at East Coast Sparkies s...

The Smart Way to Grow Online: SEO Management Sydney Businesses Can Rely On

If you’re a Sydney-based business owner, you already know the digital space is crowded. But with the right strategy, you don’t need to shout the...

What Your Car Says About You: The Personality Behind the Vehicle

You can tell a lot about someone by the car they drive—or at least, that’s what people think. True Blue Mobile Mechanics reckon the car says a l...

The Confidence Curve: Why Boudoir Photography Is the Empowerment Trend You Didn’t Know You Needed

Boudoir photography has been quietly taking over social feeds, Pinterest boards, and personal milestones—and for good reason. It’s not just abou...