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VinGroup JSC

Companies/Vietnam  •  Curated by Admin Timeline.sg

VinGroup JSC is Vietnam's largest private conglomerate, founded in 1993 by Pham Nhat Vuong. It has grown from a real estate developer into a diversified corporation spanning property, retail, healthcare, education, and automotive manufacturing, with a significant presence on the Ho Chi Minh Stock Exchange.

Chronological Storyline (40 Milestones)

Jan 1, 1993 CE

Foundation of Technocom

Pham Nhat Vuong establishes Technocom, a trading company in Ukraine, laying the groundwork for what would become VinGroup. #business #Vietnam

1995 CE

Launch of Instant Noodle Brand

Technocom launches a successful instant noodle brand in Ukraine, generating initial capital for future expansion. #entrepreneurship

2000 CE

Returns to Vietnam

Pham Nhat Vuong returns to Vietnam and establishes Vinpearl, a tourism and real estate company, marking the group's entry into the domestic market. #realestate #tourism

2002 CE

First Major Resort Project

Vinpearl begins construction of the Vinpearl Nha Trang resort, a landmark project that boosts Vietnam's tourism infrastructure. #hospitality

Mar 1, 2007 CE

Rebranding to Vingroup

The company officially changes its name to Vingroup, reflecting its diversified holdings. #corporate #branding

Nov 5, 2007 CE

IPO on HOSE

Vingroup lists on the Ho Chi Minh Stock Exchange (HOSE) under ticker VIC, raising significant capital for expansion. #finance #IPO

2009 CE

Launch of Vinhomes

Vingroup launches Vinhomes, a residential real estate brand that becomes the largest homebuilder in Vietnam. #realestate #housing

2010 CE

Vincom Retail Chain Established

Vingroup enters retail with Vincom shopping malls, later expanding into convenience stores and supermarkets. #retail #shopping

2012 CE

Vinmec Healthcare System Founded

Vingroup launches Vinmec, a network of hospitals and clinics, entering the healthcare sector. #healthcare #Vietnam

2013 CE

Vinschool Education System

Vingroup establishes Vinschool, a K-12 private school system, expanding into education. #education #school

2014 CE

Vinmart Supermarket Chain

Vingroup launches Vinmart, a supermarket chain that later becomes a major retail player. #retail #supermarket

Sep 1, 2015 CE

Partnership with Siam Commercial Bank

Vingroup partners with Thailand's Siam Commercial Bank to develop a financial services venture. #finance #partnership

2015 CE

Launch of Vinpearl Land

Vinpearl Land theme parks are introduced, strengthening Vingroup's tourism and entertainment portfolio. #tourism #entertainment

2016 CE

Acquisition of Vietcombank Stake

Vingroup acquires a strategic stake in Vietcombank, one of Vietnam's largest banks. #banking #acquisition

Sep 2, 2017 CE

VinFast Automotive Brand Launched

Vingroup launches VinFast, a car and electric scooter manufacturer, aiming to become Vietnam's first domestic automaker. #automotive #Vietnam

VinFast Automotive Brand Launched
VinFast Automotive Brand Launched
By Nguyễn Khánh Hưng - https://www.facebook.com/100009761041612/posts/1262935530708470/, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=94152560
Jun 1, 2018 CE

VinFast Factory Inauguration

VinFast opens its first automobile manufacturing plant in Hai Phong, with capacity of 250,000 vehicles per year. #manufacturing #cars

Oct 1, 2018 CE

VinSmart Electronics Division

Vingroup launches VinSmart, producing smartphones and other electronics. #electronics #technology

Mar 1, 2019 CE

VinFast Unveils First Gasoline Cars

VinFast presents its first internal combustion engine models, the Lux A2.0 and Lux SA2.0, at the Geneva Motor Show. #automotive #innovation

Oct 1, 2019 CE

VinFast Electric Scooters

VinFast launches a range of electric scooters for the Vietnamese market. #electric #scooter

Jun 1, 2020 CE

VinCommerce Restructuring

Vingroup restructures its retail arm VinCommerce, selling stakes to focus on core businesses. #retail #restructuring

Dec 1, 2020 CE

VinFast Enters US Market Plans

VinFast announces plans to enter the US market with electric vehicles. #EV #global

Apr 1, 2021 CE

VinGroup Launches VinCSS Cybersecurity

Vingroup launches VinCSS, a cybersecurity company. #cybersecurity #tech

May 1, 2021 CE

VinFast EV Pre-orders in Vietnam

VinFast starts taking pre-orders for its first electric SUV, the VF e34. #electric #SUV

Nov 1, 2021 CE

VinFast SPAC Merger Announcement

VinFast announces plans to go public in the US via a SPAC merger with Black Spade Acquisition. #IPO #SPAC

Jan 1, 2022 CE

VinFast Receives $1.5 Billion from Vingroup

Vingroup commits $1.5 billion to support VinFast's global expansion. #investment #EV

Jun 1, 2022 CE

VinFast to Build US Factory in North Carolina

VinFast selects North Carolina for its first US manufacturing plant, an investment of $2 billion. #manufacturing #US

Sep 1, 2022 CE

VinFast Delivers First EV to Vietnamese Customers

VinFast hands over the first VF e34 electric cars to customers in Vietnam. #delivery #EV

Mar 1, 2023 CE

VinFast Files for US IPO

VinFast files registration for an initial public offering on the NASDAQ. #IPO #NASDAQ

Jul 15, 2023 CE

VinFast US Shipment Arrives

First batch of VinFast EVs arrives in California for US customers. #export #EV

Aug 15, 2023 CE

VinFast Trades on NASDAQ

VinFast debuts on NASDAQ under ticker VFS, briefly reaching a $85 billion valuation. #IPO #NASDAQ

Sep 1, 2023 CE

VinFast Announces European Expansion

VinFast opens pre-orders in France, Germany, and the Netherlands. #Europe #expansion

Nov 1, 2023 CE

VinGroup Sells Retail Assets

Vingroup sells VinCommerce and Vinmart to focus on technology and industrial ventures. #divestment #retail

Feb 1, 2024 CE

VinFast VF 3 Launch

VinFast unveils the VF 3, a compact electric mini-SUV, targeting wider adoption. #EV #miniSUV

May 1, 2024 CE

VinGroup Wins Vietnam Corporate Sustainability Award

VinGroup is recognized for its sustainability initiatives in corporate governance. #sustainability #award

Jul 1, 2024 CE

VinFast Starts Production at North Carolina Plant

VinFast begins factory construction in North Carolina, aiming for 2025 production start. #manufacturing #US

Sep 1, 2024 CE

VinGroup Reports Record Revenue

VinGroup announces record consolidated revenue of over $10 billion for fiscal year 2023. #finance #growth

Oct 1, 2024 CE

VinSmart Exits Smartphone Business

VinSmart discontinues smartphone production to pivot to focus on smart home products. #strategy #technology

Jan 1, 2025 CE

VinFast Delivers First US-Built EVs

VinFast starts delivering electric vehicles produced at its North Carolina plant. #EV #localproduction

Mar 1, 2025 CE

VinGroup Launches VinRobotics

Vingroup enters robotics industry with VinRobotics, focusing on automation and AI. #robotics #AI

Jun 1, 2025 CE

VinFast Goes Public on HOSE

VinFast lists on Ho Chi Minh Stock Exchange, completing a dual listing in Vietnam and US. #finance #stockmarket