Vingroup expands into infrastructure and green energy

On August 11, Vingroup Corporation officially announced the expansion of two new pillars: infrastructure and green energy, in addition to the three leading pillars: technology - industry, trade and services, and social charity.

The Royal Bridge opened to traffic on July 15 and is one of the infrastructure projects built by Vingroup in Hai Phong - Photo: VG

In the infrastructure sector, Vingroup aims to pioneer the transformation of green transport infrastructure in Vietnam with its operating areas being high-speed railway industry, bridges, ports, logistics, etc.

In particular, VinSpeed High-Speed Railway Investment and Development Joint Stock Company is proposing to invest in two high-speed railway lines in 2025. In the Northern region, the company will deploy the Hanoi - Quang Ninh route with a total length of 120km.

In the southern region, the company will deploy the Ho Chi Minh City - Can Gio route with a design speed of 350km/h. In particular, VinSpeed has registered to invest in the North - South high-speed railway project.

Besides the high-speed railway industry, Vingroup will invest in port areas and logistics centers in Nam Do Son (Hai Phong) and Vung Ang ( Ha Tinh ).

For the green energy sector, VinEnergo Energy Joint Stock Company will develop a variety of large-scale solar and wind energy projects, applying modern technology.

In addition, the company will also invest in energy storage battery systems manufactured by VinFast itself and also plans to invest in renewable energy projects and energy storage solutions in Vietnam, India, Indonesia and the Philippines with a total expected capacity of up to 80GW...

Mr. Nguyen Viet Quang - Vice Chairman of the Board of Directors and General Director of Vingroup - said that in response to the four resolutions (including 57, 59, 66 and 68) of the Politburo, Vingroup decided to invest in two areas of national development: infrastructure and green energy.

"With Vietnamese courage and intelligence, along with strong national spirit, we are determined to successfully realize key national projects, contributing to bringing Vietnam into an era of prosperous development and international reach," said Mr. Quang.

HIEU GIANG

Source: https://tuoitre.vn/vingroup-mo-rong-sang-mang-ha-tang-va-nang-luong-xanh-20250811231709892.htm