Vingroup to launch robotics research firm

Vingroup, Vietnam’s largest private company, has announced plans to establish a robotics-focused firm called VinMotion.

The new company will be 51% owned by Vingroup and will have a charter capital of VND1 trillion (US$39 million).

The company’s incorporation has been approved by Vingroup’s board of directors.

VinMotion aims to specialize in researching and developing multifunctional robots.

Recent Vingroup developments

Timeline
20-Nov-2024 🤖 Vingroup launches $39.1m robotics R&D company Vingroup launches VinRobotics in Hanoi. Focus on automation and industrial robotics.
28-Oct-2024 🚀 Vingroup’s new venture arm to invest $50m in SEA tech firms Vingroup launches $150M fund for tech startups Focus on early-stage AI, semiconductors, cloud firms
28-Oct-2024 🚀 Vingroup launches $150m tech fund VinVentures Vingroup launches VinVentures fund with $150M Aims to invest $50M more in the next 3-5 years
17-Oct-2024 🤖 Vingroup to sell stakes in its AI firms: sources Vingroup sells stakes in VinBrain and VinAI. Nvidia discusses potential acquisition of VinBrain.
30-Jan-2024 ⚡ Vingroup outlines PH expansion after visit from President Marcos Jr. Philippines plans EV manufacturing zones VinFast to start operations, focusing on dealerships

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