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Vingroup JSC is a private Vietnamese conglomerate owned by entrepreneur Phạm Nhật Vượng as the largest shareholder, and headquartered in Long Bien district, Hanoi. Vingroup is one of the largest conglomerates of Vietnam, focusing on technology, industry, real estate development, retail, and services from healthcare to hospitality.

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economy1 h ago

Shinhan Financial Group expands partnership with Vingroup

According to The Korea Times Business, Shinhan Financial Group is expanding its partnership with Vietnam’s VinGroup beyond motor vehicle finance into capital markets. The two sides discussed new areas of cooperation, including equity and bond financing, as Shinhan Bank Vietnam and Shinhan Vietnam Finance have financed VinFast and plan to broaden vehicle finance as VinFast EV demand grows.

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Shinhan Financial Group expands partnership with Vingroup

economy1 h ago

coda.news AI summary

The Korea Times Business says Jin Ok-dong met VinGroup executives Thursday at Shinhan Bank Vietnam’s Ho Chi Minh City headquarters to discuss new cooperation areas beyond vehicle finance.
The Korea Times Business says since 2024 Shinhan Bank Vietnam has provided a cumulative 100 million USD in loans to VinFast customers.
The Korea Times Business says Shinhan Securities Vietnam has been appointed sole arranger for VinGroup’s first Arirang bond, with 40 billion won to be invested and a joint lead manager role.
The Korea Times Business says they plan to explore capital market opportunities including equity and bond financing through Shinhan Securities Vietnam, and expand vehicle finance as VinFast EV demand grows.

Shinhan Financial Group Vingroup VinFast

The Korea Times BusinessRead original ↗