Vingroup's predecessor is Technocom Group founded in 1993 in Ukraine. In the early 2000s, Technocom returned to Vietnam, concentrating on investing in tourism and real estate with two original strategic brands, named Vinpearl and Vincom. In January 2012, both of them merged with each other and officially operated under the name of Vingroup Corporation - a Joint Stock Company.
Vingroup is one of Asia's largest multi-sector private economic groups with a market capitalization of nearly US $ 16 billion. The Group operates in 3 core business areas, including:
Vingroup’s plays an integral part in Vietnam’s economy, accounting for 2.2% of Vietnam’s total GDP in 2019. Vingroup’s listed entities account for 22% of total market capitalization on the Ho Chi Minh Stock Exchange. We are the largest private Vietnamese employer with approximately 51,100 employees.