Vingroup Corporation has recently announced the establishment of two groundbreaking robotics companies, each with a substantial charter capital of VND1 trillion ($39.34 million) and with Vingroup holding a 51% stake in each.
On January 10, the Board of Directors of Vingroup issued Resolution No. 01/2025/NQ-HĐQT/-VINGROUP, approving Vingroup Corporation's participation in the creation of its subsidiary, VinMotion Multipurpose Robot Research, Development and Application Joint Stock Company (VinMotion Company).
VinMotion Company boasts a charter capital of VND1 trillion, with Vingroup Corporation contributing 51% of this amount.
Previously, on November 20 2024, Vingroup Corporation launched another significant venture, the VinRobotics Research, Development and Application Joint Stock Company. Similar to VinMotion, VinRobotics has a charter capital of 1 trillion VND, with Vingroup holding a 51% stake.
Both of these innovative robotics companies are headquartered in Hanoi's Long Bien district.
In an earlier move, Vingroup Corporation transferred all shares of VinBrain Joint Stock Company, one of Vietnam's highly-regarded AI companies, to Nvidia LLC, a subsidiary of Nvidia Corporation in Vietnam.