According to the MOU, JTA Investment Qatar is interested in strategic cooperation opportunities in Vingroup 's core business areas, particularly the two pillars: technology - industry and trade and services.
Regarding the technology and industrial pillar , JTA Investment Qatar is exploring opportunities to invest a minimum of US$1 billion in equity in VinFast , as well as strategic partnerships to support the electric vehicle manufacturer in developing technology and expanding globally.
For the commercial services pillar, JTA Investment Qatar is considering investing in 5-star hotel-resort and entertainment complexes managed and operated by Vinpearl, located in top tourist destinations in Vietnam.
Furthermore, JTA Investment Qatar and Vingroup are also actively negotiating towards establishing a joint venture with the goal of expanding and enhancing Vinpearl's services (hotels and resorts, amusement parks and golf courses), especially in high-growth tourism markets, in order to further strengthen Vinpearl's position.
The MOU stated that both sides will strengthen discussions and commit to pursuing common goals for mutual benefit. JTA Investment Qatar leverages its investment expertise, financial resources, and extensive partner network to provide funding for Vingroup's strategic business activities, including VinFast and Vinpearl.
Meanwhile, Vingroup will contribute its experience, implementation capabilities, advantages from its leading position in the domestic market, and strong global growth potential. These factors will help to exploit promising business opportunities and realize the shared mission of both parties in fields such as technology, infrastructure, and tourism.
Dr. Amir Ali Salemi, founder and CEO of JTA Investment Qatar, said: "Leveraging our expertise and resources in areas such as energy, technology, infrastructure, and tourism, we are honored to contribute to advancing Vingroup's strategic goals and promising business areas, particularly VinFast and Vinpearl. This partnership will create mutually beneficial business opportunities as Vingroup strengthens its international presence."
Ms. Le Thi Thu Thuy, Vice President of Vingroup , shared: "We are honored to cooperate with JTA Investment Qatar and believe that this collaboration can open up great opportunities for Vingroup and its member companies. Together, we will promote the sustainable development of technology, infrastructure, and the economy in Vietnam, while creating a solid foundation for international expansion. With the combination of expertise and capabilities of the Vingroup ecosystem and the experience and resources of JTA Investment Qatar, we hope and believe in the success of groundbreaking collaborative projects in key areas such as electric vehicles and tourism, while creating a better life for everyone.”
As a leading private conglomerate in Vietnam, Vingroup is increasing its global presence, notably through VinFast's expansion strategy into key markets such as North America, Europe, India, Southeast Asia, and the Middle East.
Vietnam.vn
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