Recent events
Recent events tied to this brand in public sources.
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2021
LG-Vingroup mobile business sale talks break down
A report said LG's negotiations with Vietnam's Vingroup over a sale of LG's mobile business broke down amid a gap in the parties' valuations; LG had sought to include production lines in Vietnam and Brazil in the sale.
2021
LG Electronics and Vingroup end phone-business sale talks
LG Electronics ended negotiations with Vingroup over a potential sale of its smartphone business after Vingroup's offer fell below LG Electronics' expectations.
2020
GIC-led consortium acquires stake in Vinmec's parent
A consortium led by GIC acquired a stake worth VNĐ4.7 trillion (US$203 million) in VMC, the parent of hospital operator Vinmec. Vingroup remained VMC's sole controlling shareholder.
2020
Vingroup-backed research sponsorship agreement
Vingroup Innovation Foundation and Vingroup Big Data Institute signed a sponsorship agreement with Vabiotech, the Pasteur Institute in Ho Chi Minh City, and the Institute of Preventive Medicine and Public Health to support coronavirus research.