Faculty of Business & Management (In Business Analytics and Statistics)
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Mobility Business Update
Mobility Business Update April 2021 2 Important notice IMPORTANT: This presentation has been prepared by VinFast Trading and Production LLC (the “Company”) for information purposes only. The Company is considering various fund raising opportunities and investments, including but not limited to an equity investment, an initial public offering, a business combination with a special purpose acquisition company or other transactions. Any potential fundraising will be subject to different factors such as market conditions, and be made at our discretion. This presentation may not be reproduced or redistributed, in whole or in part, without the prior written consent of the Company. The information contained herein is preliminary and subject to change without notice, its accuracy is not guaranteed, has not been independently verified and may not contain all material information concerning the Company and its subsidiaries (the “Group”). You should not rely upon it or use it to form the basis for any investment decision or commitment whatsoever. None of the Company, its shareholders, or any of their respective affiliates, directors, officers, employees, agents, advisers or any other person makes any representation or warranty (express or implied) or accepts any responsibility or liability for the accuracy or completeness of this presentation or any or all of the information in this presentation or otherwise made available. It is not the intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the performance, financial position or prospects of the Group. No part of this presentation shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. -
Vingroup Is Committed to Promoting the Application of Technology in All of Its Business Sectors
Vingroup is committed to promoting the application of technology in all of its business sectors. Technology is the key to unleash the potential capabilities of the entire system. We must constantly be creative, cooperate, connect knowledge, and engage in the global sharing of the best technologies to achieve real breakthroughs in the application of technology for human life. To achieve these goals, it is essential to change our way of thinking, employ creative approaches to problem-solving and dare to challenge accepted norms. We as pathfinders must keep our spirit strong to go beyond all boundaries. Vingroup’s success in technology transformation will not only benefit us, but also Vietnam’s development. Vingroup sets out to deliver products and services of lasting value to create a better life for everyone. Mr. Pham Nhat Vuong CHAIRMAN OF THE BOARD OF DIRECTORS Contents CHAPTER 1 CHAPTER 4 Vingroup 2020 and 8 Vision, Mission and Core Values Corporate Governance 132 Vingroup Governance Structure Message from the CEO 12 2020 at a Glance 136 Report of the Board of Directors 14 2020 Achievements 141 Report of the Supervisory Board 18 2020 Awards and Accolades 143 Governance Report 22 Message from the CEO 145 Internal Auditing Report 26 2016 – 2020 Financial and Operational Highlights 146 Risk Management 152 Share Price Information and Investor Relations CHAPTER 2 CHAPTER 5 About Vingroup 32 Vingroup Profile Sustainable 162 Vingroup’s Vision for Sustainability 36 Development Milestones Development 164 Sustainability by the Numbers 40 Key Business -
A Pioneering Mission
A PIONEERING MISSION A A PIONEERING MISSION ANNUAL REPORT 2019 REPORT ANNUAL Vingroup Joint Stock Company No.7, Bang Lang 1 street, Vinhomes Riverside Eco-urban area, Viet Hung ward, Long Bien district, Hanoi, Viet Nam Telephone: (84-24) 3974 9999 Fax: (84-24) 3974 8888 ANNUAL REPORT Website: www.vingroup.net/en 2019 Vingroup strives to become a leading A Pioneering international business group with a focus on Industrials and Technology Mission to build international brands that will not only enhance the reputation of Vingroup but also contribute to the future success of our home market. In order to achieve such aspirations, it is critical for the Group to be successful in the local market, which will demand extraordinary efforts, the ability to continuously overcome our own shortfalls, aggressive investment, and acceptance of initial setbacks, perseverance, creativity, and the courage to take the path untrodden. Mr. Pham Nhat Vuong Chairman of the Board of Directors 04 • Vingroup Joint Stock Company Vingroup Joint Stock Company • 05 Content 06 24 62 90 114 140 CHAPTER 01 CHAPTER 02 CHAPTER 03 CHAPTER 04 CHAPTER 05 CHAPTER 06 Vingroup 2019 About Vingroup Management Corporate Sustainable Consolidated and Message from Report on 2019 26 Governance Development Financial Statements the CEO Vingroup Profile Business Performance 90 116 142 Vingroup Governance Structure Vingroup’s Vision for Sustainability General Information 08 30 and 2020 Plan Corporate Milestones Vision, Mission, Core Values of Action 96 118 144 32 Report of the Board of Directors -
The Case of Vingroup and the Automotive Industry
ISSN 0219-3213 2019 no. 2 Trends in Southeast Asia VIETNAM’S INDUSTRIALIZATION AMBITIONS: THE CASE OF VINGROUP AND THE AUTOMOTIVE INDUSTRY LE HONG HIEP TRS2/19s ISBN 978-981-4843-41-6 30 Heng Mui Keng Terrace Singapore 119614 http://bookshop.iseas.edu.sg 9 7 8 9 8 1 4 8 4 3 4 1 6 Trends in Southeast Asia 19-J05102 01 Trends_2019-02.indd 1 16/1/19 12:26 PM The ISEAS – Yusof Ishak Institute (formerly Institute of Southeast Asian Studies) is an autonomous organization established in 1968. It is a regional centre dedicated to the study of socio-political, security, and economic trends and developments in Southeast Asia and its wider geostrategic and economic environment. The Institute’s research programmes are grouped under Regional Economic Studies (RES), Regional Strategic and Political Studies (RSPS), and Regional Social and Cultural Studies (RSCS). The Institute is also home to the ASEAN Studies Centre (ASC), the Nalanda-Sriwijaya Centre (NSC) and the Singapore APEC Study Centre. ISEAS Publishing, an established academic press, has issued more than 2,000 books and journals. It is the largest scholarly publisher of research about Southeast Asia from within the region. ISEAS Publishing works with many other academic and trade publishers and distributors to disseminate important research and analyses from and about Southeast Asia to the rest of the world. 19-J05102 01 Trends_2019-02.indd 2 16/1/19 12:26 PM 2019 no. 2 Trends in Southeast Asia VIETNAM’S INDUSTRIALIZATION AMBITIONS: THE CASE OF VINGROUP AND THE AUTOMOTIVE INDUSTRY LE HONG HIEP 19-J05102 01 Trends_2019-02.indd 3 16/1/19 12:26 PM Published by: ISEAS Publishing 30 Heng Mui Keng Terrace Singapore 119614 [email protected] http://bookshop.iseas.edu.sg © 2019 ISEAS – Yusof Ishak Institute, Singapore All rights reserved. -
Success Story – Vinfast and Böllhoff – a Vietnamese-German Road to Success
Your partner for 360° joining technology Good cooperation is the basis for success. Our customers’ and ours. Intelligent joining solutions for modern automotive construction. VinFast and Böllhoff – a Vietnamese-German road to success VinFast – Vietnam’s first car manufacturer VinFast is the member of Vingroup – one of the biggest private conglomerate in Asia. As a multi-sector corporation, Vingroup focuses on three main areas: Technology, Industrials and Pro- perty & Services. They continue to pioneer and lead consumer trends in each of its businesses introducing Vietnamese consumers to a new, modern lifestyle with internationally standardised products and services. Vingroup has created a respected, well-recognised Vietnamese brand and is proud to be one of the nation’s leading private enterprises. The production plant in Hai Phong The Lux A 2.0 Sedan In June 2017, the market-leading conglomerate also The Lux models founded its own automotive division: VinFast. As part of a public tender, the Italian company Pininfarina received the multi-million dollar contract to create the design In a record time of 21 months, a 335 hectare "state-of- for a Sedan and an SUV. At the same time, Vingroup acquired the rights to use the production technology of the German the-art" factory was established in Hai Phong, which BMW Group. can produce over 250,000 complete vehicles per year Thus, two new models with 4-cylinder engines came into existence in Vietnam: the SUV Lux 2.0 and the Lux A 2.0 Sedan. in the first phase. In addition, a separate supplier park The SUV is based on the BMW X5 produced until 2013 and the Sedan on the BMW 5 Series built from 2010 to 2017. -
Vingroup Corporate Profile (ENG).Pdf
TABLE OF CONTENTS Introduction Sustainable Development INTRODUCTION 06 VISION FOR SUSTAINABILITY 58 VISION, MISSION, CORE VALUES 07 GOVERNANCE 59 “PRESERVING THE STARTUP MINDSET” CORPORATE MILESTONES 10 SOCIAL RESPONSIBILITY 60 THE VINGROUP ECOSYSTEM 12 ENVIRONMENTAL PROTECTION 68 NETWORK AND FINANCIAL HIGHLIGHTS 13 HUMAN CAPITAL DEVELOPMENT 69 VINGROUP WORKPLACE CULTURE 70 AND VALUES Businesses General Information 1. PROPERTY 16 CORPORATE STRUCTURE 74 2. HOSPITALITY AND ENTERTAINMENT 32 MANAGEMENT 76 3. CONSUMER RETAIL 44 AWARDS 78 4. INDUSTRIALS 48 NETWORK 80 5. HEALTHCARE 50 6. EDUCATION 52 7. AGRICULTURE 54 8. TECHNOLOGY 55 * Data as of September 30, 2018 Introduction INTRODUCTION 06 WWW.VINGROUP.NET VISION, MISSION, CORE VALUES 07 CORPORATE MILESTONES 10 01 THE VINGROUP ECOSYSTEM 12 NETWORK AND FINANCIAL HIGHLIGHTS 13 VINHOMES CENTRAL PARK *Image for reference only CHAPTER 1 – INTRODUCTION CHAPTER 1 – INTRODUCTION VISION “With the goal of market leadership and sustainable Introduction development, Vingroup aims to become one of the most respected companies not only in Vietnam but also in the region. We will achieve this goal by improving production quality and service levels, by improving the quality of life for the Vietnamese people, and by raising the reputation of the nation in the world.” VINGROUP JOINT STOCK In its early days, Vingroup focused on COMPANY* developing hospitality, commercial, and residential properties under the Vinpearl and Vincom brands. Today, we operate in Is the largest enterprise in eight major business segments: -
Vinfast Mondial De L'automobile 2018 Dossier De Presse
VinFast Mondial de l’Automobile 2018 Dossier de Presse Sommaire 1. Traduire l'esprit vietnamien et le transmettre au monde ................................................. 3 2. Style de design italien de classe mondiale, influencé par le peuple vietnamien ............... 6 3. Créer des produits de classe mondiale ............................................................................ 11 4. Tout nouveau complexe de production ultramoderne .................................................... 14 5. Les modèles « LUX », pionniers de l’industrie automobile vietnamienne ....................... 17 6. Améliorer le style de vie du peuple vietnamien .............................................................. 20 7. Spécifications techniques des véhicules .......................................................................... 22 2 1. Traduire l'esprit vietnamien et le transmettre au monde • Deux premières mondiales dévoilées par VinFast au Mondial de l’Automobile • VinFast incarne la fierté, l’esprit et la ténacité du peuple vietnamien • Un design de classe mondiale capture la beauté naturelle du Vietnam • La nouvelle usine est l’un des plus grands projets industriels du Vietnam. • La production de la nouvelle berline LUX A2.0 et du SUV LUX SA2.0 débutera à partir de septembre 2019 VinFast est le premier constructeur automobile vietnamien et le premier à participer à un grand salon automobile international. Exploitant l’esprit vietnamien, VinFast développe et fabrique au Vietnam sa propre gamme de véhicules innovants et de classe mondiale, qui seront commercialisés dans le monde entier. VinFast fait ses débuts au Mondial de l’Automobile 2018, avec deux premières mondiales - la berline LUX A2.0 et le SUV LUX SA2.0. Ces modèles haut de gamme incarnent la philosophie de la société vietnamienne : «Style - Sécurité - Créativité - Pionnier». La design de ces deux premières voitures a été influencée par le vote des vietnamiens. Cela a renforcé le sentiment de fierté nationale dans ces produits, qui rendent hommage à la beauté naturelle du pays. -
Vingroup 2018 Annual Report
XZ ANNUAL REPORT 2018 SHAPING THE FUTURE SHAPING THE FUTURE SHAPING 2018 ANNUAL REPORT CHAPTER VINGROUP 2018 AND MESSAGE CHAPTER CORPORATE GOVERNANCE CONTENT FROM THE CEO • Vingroup Governance Structure 98 01 • Vision, Mission, Core Values 8 04 • Report of the Board of Directors 100 • 2018 at a Glance 10 • Report of the Supervisory Board 104 • 2018 Achievements 12 • Governance Report 106 • 2018 Awards and Accolades 16 • Internal Auditing Report 108 • Message from the CEO 18 • Risk Management 109 • 2014 – 2018 Financial and Operational Highlights 20 • Share Information and Investor Relations 113 CHAPTER ABOUT VINGROUP CHAPTER SUSTAINABLE DEVELOPMENT • Vingroup Profile 24 • Vingroup’s Vision for Sustainability 124 02 • Corporate Milestones 28 05 • Sustainability by the Numbers 126 • Businesses 30 • 2018 Highlights 128 • Corporate Structure 48 • 2018 Sustainability Report 132 • Board of Directors 50 • Managing Sustainability 148 • Management 52 • Supervisory Board 54 • Development Strategy 55 CHAPTER MANAGEMENT REPORT CHAPTER CONSOLIDATED FINANCIAL STATEMENTS ON 2018 BUSINESS PERFORMANCE AND 2019 PLAN OF ACTION • General Information 154 03 06 • Report of Management 156 • 2018 Economy and 2019 Macroeconomic Outlook 60 • Independent Auditors’ Report 157 • Vingroup Operations and Financial Performance in 2018 68 • Consolidated Balance Sheet 158 • Blueprint for 2019 90 • Consolidated Income Statement 162 • Consolidated Cash Flow Statement 163 • Notes to the Consolidated Financial Statements 165 • Appendix 1 – The Group Structure as at 31 December 2018 227 www.vingroup.net ANNUAL REPORT 2018 VINGROUP 2018 CHAPTER AND MESSAGE FROM THE CEO 8 Vision, Mission, Core Values 01 10 2018 at a Glance 12 2018 Achievements 16 2018 Awards and Accolades 18 Message from the CEO 20 2014 – 2018 Financial and Operational Highlights THE VINGROUP ECOSYSTEM IS LARGE BUT THERE IS STILL A LOT OF WORK TO BE DONE. -
Báo Cáo Thường Niên 2020
Đẩy mạnh hợp tác, phát triển và ứng dụng khoa học công nghệ trên mọi lĩnh vực là định hướng xuyên suốt của Vingroup. Công nghệ sẽ là chìa khóa then chốt thúc đẩy sự phát triển, tối ưu trí tuệ, khai phóng tiềm năng của toàn bộ hệ thống. Vingroup phải không ngừng sáng tạo, hợp tác và kết nối trí tuệ, chia sẻ tinh hoa công nghệ trên phạm vi toàn cầu để cùng tạo ra những đột phá thực sự trong việc ứng dụng công nghệ vì cuộc sống của con người. Muốn làm được như vậy, cần thay đổi cách tiếp cận vấn đề, thay đổi tư duy, không chỉ làm theo thông lệ hiện có. Chúng ta phải giữ vững tinh thần tiên phong, bứt phá để vượt mọi giới hạn – việc này không chỉ vì sự phát triển của Vingroup, mà còn đóng góp cho Việt Nam và hơn thế nữa. Tất cả nhằm mang lại những sản phẩm, dịch vụ giá trị, góp phần tạo ra một cuộc sống tốt đẹp hơn cho mọi người. Ông Phạm Nhật Vượng CHỦ TỊCH HỘI ĐỒNG QUẢN TRỊ Mục lục CHƯƠNG 1 CHƯƠNG 4 Vingroup năm 2020 8 Tầm nhìn, sứ mệnh và giá trị cốt lõi Quản trị doanh nghiệp 132 Mô hình quản trị chung của Vingroup và Thông điệp của 12 Điểm nhấn năm 2020 136 Báo cáo của Hội đồng Quản trị Tổng Giám đốc 14 Các sự kiện nổi bật năm 2020 141 Báo cáo của Ban Kiểm soát 18 Danh hiệu, giải thưởng năm 2020 143 Báo cáo quản trị 22 Thông điệp của Tổng Giám đốc 145 Hoạt động kiểm toán nội bộ 26 Các chỉ tiêu kinh doanh cơ bản giai đoạn 2016 – 2020 146 Quản trị rủi ro 152 Thông tin cổ phiếu và Quan hệ Cổ đông CHƯƠNG 2 CHƯƠNG 5 Giới thiệu Vingroup 32 Tổng quan Vingroup Phát triển bền vững 162 Tầm nhìn bền vững 36 Các dấu mốc phát triển 164 Các số liệu -
The Case of Vingroup and the Automotive Industry
Vietnam’s Industrialization Ambitions: The Case of Vingroup and the Automotive Industry By Le Hong Hiep EXECUTIVE SUMMARY • Vietnam has officially admitted its failure to achieve industrialized economy status by 2020. This failure is partly due to its inability to grow a strong local manufacturing base and develop key strategic industries. • The participation of Vingroup, the country’s largest private conglomerate, in the automotive industry has sparked new hopes for Vietnam’s industrialization drive. The company, through its subsidiary Vinfast, aims to become a leading automaker in Southeast Asia with an annual capacity of 500,000 units and a localization ratio of 60 per cent by 2025. • Challenges that Vinfast faces include its unproven track record in the industry; the limited size of the national car market; the lack of infrastructure to support car usage in Vietnam; the intense competition from foreign brands; and its initial reliance on imported technologies and know-hows. • However, Vinfast enjoys certain advantages in the domestic market, including the large potential of the Vietnamese automotive market; its freedom as a new automaker to define its business strategies without having to deal with legacy issues; Vingroup’s sound business and financial performance and its ecosystem; strong support from the Vietnamese government; and nationalist sentiments that will encourage certain Vietnamese customers to choose its products. 19-J05102 01 Trends_2019-02.indd 7 16/1/19 12:26 PM • If Vinfast is successful, it will boost Vietnam’s GDP growth and reinvent the country’s automotive industry. Its success will also contribute significantly to the realization of Vietnam’s industrialization ambitions and bring private actors into the centre stage of the economy. -
VINGROUP Corporate Presentation June 2021 2
VINGROUP Corporate Presentation June 2021 2 Important Notice IMPORTANT: The information contained herein is preliminary and subject to change without notice, its accuracy is not guaranteed, has not been independently verified and may not contain all material information concerning Vingroup Joint Stock Company (the “Company”) and its subsidiaries (the “Group”). You should not rely upon it or use it to form the basis for any investment decision or commitment whatsoever. None of the Company, its shareholders, or any of their respective affiliates, directors, officers, employees, agents, advisers or any other person makes any representation or warranty (express or implied) or accepts any responsibility or liability for the accuracy or completeness of this presentation or any or all of the information in this presentation or otherwise made available. It is not the intention to provide, and you may not rely on these materials as providing, a complete or comprehensive analysis of the financial or trading position or prospects of the Group. No part of this presentation shall form the basis of or be relied upon in connection with any contract or commitment whatsoever. Further, nothing in this presentation should be construed as constituting legal, business, tax or financial advice. You should conduct such independent investigations and analysis of the Group as you deem necessary or appropriate in order to make an independent determination of the suitability, merits and consequences of investment in the Company. This presentation contains “forward-looking statements”. These forward-looking statements involve known and unknown risks and uncertainties, many of which are beyond the Company’s control and all of which are based on management’s current beliefs and expectations about future events. -
About Vingroup 32 Vingroup Profile Sustainable 162 Vingroup’S Vision for Sustainability
Vingroup is committed to promoting the application of technology in all of its business sectors. Technology is the key to unleash the potential capabilities of the entire system. We must constantly be creative, cooperate, connect knowledge, and engage in the global sharing of the best technologies to achieve real breakthroughs in the application of technology for human life. To achieve these goals, it is essential to change our way of thinking, employ creative approaches to problem-solving and dare to challenge accepted norms. We as pathfinders must keep our spirit strong to go beyond all boundaries. Vingroup’s success in technology transformation will not only benefit us, but also Vietnam’s development. Vingroup sets out to deliver products and services of lasting value to create a better life for everyone. Mr. Pham Nhat Vuong CHAIRMAN OF THE BOARD OF DIRECTORS Contents CHAPTER 1 CHAPTER 4 Vingroup 2020 and 8 Vision, Mission and Core Values Corporate Governance 132 Vingroup Governance Structure Message from the CEO 12 2020 at a Glance 136 Report of the Board of Directors 14 2020 Achievements 141 Report of the Supervisory Board 18 2020 Awards and Accolades 143 Governance Report 22 Message from the CEO 145 Internal Auditing Report 26 2016 – 2020 Financial and Operational Highlights 146 Risk Management 152 Share Price Information and Investor Relations CHAPTER 2 CHAPTER 5 About Vingroup 32 Vingroup Profile Sustainable 162 Vingroup’s Vision for Sustainability 36 Development Milestones Development 164 Sustainability by the Numbers 40 Key Business