Vingroup cooperated with Qatar partners to electric vehicles and travel

According to the content of the memorandum (Mou), JTA Investment Qatar is interested in the core business fields of Vingroup, especially the two pillars of technology – industry and trade in services. The Group from Qatar appreciated VinFast’s global strategy, and realized the potential from the hotel ecosystem – resort and the Vinpearl entertainment complex.

Specifically, for VinFast, JTA Investment Qatar considers investing at least one billion USD equity capital, supporting electric vehicle company to develop technology and expand the international market. In the field of trade and service, this group is aimed at the hotel – resort and 5 -star entertainment complex of Vinpearl at the leading tourism landscapes in Vietnam. The two sides aim to establish a joint venture to expand and improve hotel and resort services; amusement park and golf course.

In addition, the two sides will strengthen discussions and commitment to pursue common goals. JTA Investment Qatar takes advantage of investment expertise, financial resources and partnership networks, supporting capital of strategic business activities of VinFast and Vinpearl. Meanwhile, Vingroup contributes experience, deployment capacity, advantages in the domestic market and global development potential.

Amir Ali Salemi, founder and CEO of JTA Investment Qatar, said the cooperation agreement created a business opportunity that was mutually beneficial when Vingroup strengthened the international presence.

Ms. Le Thi Thu Thuy, Vice Chairman of Vingroup, assessed that this cooperation could open great opportunities for the Group and member companies. “We will promote the development of technology, infrastructure and sustainable economy in Vietnam, and create a solid launch pad for the international expansion process, create a better life for the community,” Thu Thuy emphasized.

Vingroup is one of the multidisciplinary private economic groups operating in 3 core areas: Technology, Industry – Trade of Service – Social Volunteers.

VinFast – a subsidiary of Vingroup Group specializes in producing pure electric cars. The product portfolio spreads from electric bicycles, electric motorbikes, electric buses to electric SUV products. VinFast is expanding the global distribution network and agents, and consolidating production capacity with a focus on key markets in North America, Europe and Asia.

Meanwhile, Vinpearl is a brand of tourism – resort – entertainment service, owning a chain of hotels, resorts, spas and 5 -star conference, food and golf course; The amusement parks at the famous tourist destination in Vietnam.

JTA Investment Qatar is a global investment corporation, founded in 2010, present in Qatar and the United Kingdom. The Group provides multi -field financial solutions from energy, technology, infrastructure to tourism. Through partnerships, JTA Investment Qatar searched and connected global projects. With the focus of sustainable growth and social responsibility, they also support local initiatives, nurture businesses and develop talented people, ensure structured management.