A view of Singapore’s financial district. Photo: AFP

Singapore’s GIC leads US$500 million investment in Vietnam’s Vingroup

  • Vingroup, once a real estate and retail conglomerate, has grown to become Vietnam’s largest listed firm with a market capitalisation of US$16 billion
  • The company recently launched smartphones and cars, and is also looking to enter the artificial intelligence sector and launch an airline
Topic |   Singapore

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A view of Singapore’s financial district. Photo: AFP
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David Beckham at the VinFast launch at the Paris Motor Show. Photo: Getty Images

VinFast: will Vietnam’s new locally made car take off?

  • The company has launched luxury models in an effort to win over local consumers and avoid the fate of Malaysia’s Proton
  • But in a land where foreign brands are often seen as a symbol of success it has its work cut out in winning over the sceptics
Topic |   Vietnam

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David Beckham at the VinFast launch at the Paris Motor Show. Photo: Getty Images
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