Vingroup Donates 100 Billion VND to Support Central Vietnam
This donation campaign responds to Prime Minister Pham Minh Chinh’s call for action, “Autumn of Hope – Sharing Love,” launched at the fair’s opening ceremony. Addressing the event, Prime Minister Pham Minh Chinh expressed:
“On behalf of the Party and State leaders, I extend my heartfelt gratitude to all compassionate individuals and organizations for their support to our fellow citizens affected by storms and floods. This spirit of kindness epitomizes the noble tradition and solidarity of our nation, serving as the foundation and driving force for our continued progress and development.”
Prime Minister Attends the 2025 Autumn Fair
The Prime Minister’s appeal resonated widely, transforming the fair into a hub for community support alongside its role as a trade platform. Numerous corporations, businesses, organizations, and individuals joined hands in contributing. Notably, Vingroup and Petrovietnam (Vietnam National Oil and Gas Group) each pledged 100 billion VND.
Vingroup’s contribution is drawn from its 500 billion VND fund established to aid flood-affected communities. To date, Vingroup has allocated over 30,000 billion VND for social welfare and relief initiatives.
Petrovietnam Contributes 100 Billion VND
In addition to its 100 billion VND pledge, Petrovietnam has provided urgent aid totaling nearly 20 billion VND, along with tens of tons of rice and thousands of clean water containers to Quang Ngai, Da Nang, Hue, and Quang Tri.
Police Officers and Soldiers Donate 43 Billion VND
Other significant contributions include 43 billion VND from police officers and soldiers, 20 billion VND from Viettel Group, 10 billion VND each from Techcombank and Vietinbank, 9 billion VND from Vietnam Chemical Group, 5.5 billion VND from Vietnam Airlines employees, 2 billion VND from HABECO, and many more from various organizations and individuals.
Vice Chairwoman of the Vietnam Fatherland Front Central Committee, Ha Thi Nga, received the donations. All funds will be distributed to affected communities by the Committee, ensuring timely and targeted support.
The 2025 Autumn Fair at Vietnam Exhibition Center (Dong Anh, Hanoi)
The inaugural 2025 Autumn Fair, held at the Vietnam Exhibition Center in Dong Anh, Hanoi, was a large-scale trade promotion event. It featured 2,500 businesses with 3,000 booths, attracting over 1 million visitors. The event recorded nearly 5,000 billion VND in transactions, contracts, and memoranda of understanding.
In his closing remarks, Prime Minister Pham Minh Chinh praised the fair as a new milestone in international trade promotion and urged the Ministry of Industry and Trade to propose plans for the 2026 Spring Fair.
German Court: Lê Trung Khoa Faces 6 Months to 2 Years Imprisonment for Repeated Defamation Allegations Against Vingroup
Lê Trung Khoa has been banned and will face a fine of €250,000 for each violation or imprisonment ranging from 6 months to 2 years if he repeats the act of slandering “Vingroup/VinFast for bribery.”
South Korean Conglomerate Exits Masan, Vingroup as Ministry of Finance Releases Competency Assessment Results
Since establishing its presence in Vietnam, SK Group has invested over $3.5 billion, primarily through capital contributions and share acquisitions in major corporations such as Vingroup, Masan, Petrolimex, PV OIL, and Imexpharm. However, after years of strategic adjustments, the conglomerate has gradually divested, reducing its total investment value to approximately $650 million.
German Court: Le Trung Khoa Faces 6 Months to 2 Years in Prison for Repeated Defamation of Vingroup ‘Bribery’ Allegations
A German court has issued an injunction against Mr. Lê Trung Khoa following an emergency hearing in a defamation case filed by Vingroup. The ruling prohibits Mr. Khoa from repeating the defamatory statement accusing Vingroup/VinFast of bribery. Any violation of this injunction will result in a fine of €250,000 or a prison sentence ranging from 6 months to 2 years.
Veteran Leader Kang Moon Kyung Steps Down from Mirae Asset’s Board of Directors
Following the extraordinary 2/2025 shareholders’ meeting on November 4th, Mirae Asset Securities (Vietnam) Joint Stock Company announced significant changes to its Board of Directors.
Ho Chi Minh City Proposes Ambitious Can Gio – Vung Tau Cross-Sea Route
The Ho Chi Minh City People’s Committee has officially approved Vingroup’s proposal to conduct research and develop an investment policy report for the planned sea-crossing route connecting Can Gio and Vung Tau. This ambitious project is poised to establish a new strategic corridor, driving economic growth, tourism, and sustainable urban development in the southern region of Ho Chi Minh City.
