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Vingroup launches $39.1m robotics R&D company

Vingroup launched the VinRobotics Research, Development, and Application Company in the Vietnamese capital Hanoi on Wednesday, with a registered capital of 1 trillion dong (around US$39.1 million).

VinRobotics focuses on automation, industrial robotics, and AI. It aims to improve production efficiency and optimize processes in various sectors.

The ownership structure of VinRobotics includes 51% by Vingroup.

Recent Vingroup developments

Timeline
28-Oct-2024 🚀 Vingroup’s new venture arm to invest $50m in SEA tech firms
  • Vingroup launches $150M fund for tech startups
  • VinFast reports rising losses despite EV delivery success
28-Oct-2024 🚀 Vingroup launches $150m tech fund VinVentures
  • Vingroup launches VinVentures fund for startups
  • Fund has $150M, targeting AI and Cloud Computing
17-Oct-2024 🤖 Vingroup to sell stakes in its AI firms: sources
  • Vingroup sells stakes in AI firms VinBrain, VinAI
  • Nvidia in talks to acquire VinBrain, visit Vietnam soon
30-Jan-2024Vingroup outlines PH expansion after visit from President Marcos Jr.
  • Philippines plans zones for EV manufacturing.
  • VinFast to launch dealerships, invest in the country.
13-Oct-2023 🚕 Vingroup founder’s EV firm to enter Laos later this year
  • GSM to launch electric-taxi in Laos with 1,000 cars.
  • Laos aims for 30% EV adoption, 200 charging stations by 2030.
14-Aug-2023 🛵 Vingroup founder’s e-bike hailing service debuts in Vietnam

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