City leaders learn about the technical specifications of VinFast electric vehicle engines

1. Vingroup Corporation is not only famous in Vietnam but has also "made its name" on the world map. As one of the leading multi-industry corporations in Vietnam, Vingroup operates mainly in the fields of industrial technology, trade services and social charity.

According to Ms. Le Thi Thu Thuy - Vice President of Vingroup Corporation - President of VinFast Global, Vingroup is currently focusing on two main strategies: building a technical infrastructure ecosystem, technology and connecting global intelligence - cooperating with the world's leading technology partners to promote the application of the latest and most advanced technologies to Vingroup's products and services.

“We are always interested in and pioneering in the field of green transformation, with electric vehicle systems and green public transport. In 2024, with more than 87,000 vehicles sold in Vietnam, VinFast has become the number 1 car company in Vietnam. This is also one of the orientations that Hue city is aiming for, a green, sustainable city,” said Ms. Thuy.

On February 21, Hue City and Vingroup Corporation joined hands to create new development opportunities. The goal is to promote the city to complete the goal of green transformation, digitalization and sustainable development. This cooperation is also an opportunity for Vingroup Corporation to research and exploit its strengths in the ancient capital.

The Memorandum of Understanding on green transformation cooperation between Vingroup and Hue City has specifically established a green transformation, green growth, and sustainable development program for the city in the period 2025 - 2030. The focus is on green tourism, green industry, green agriculture, green urban infrastructure, green transportation, and green lifestyle.

“Vingroup will gradually promote the use of electric vehicles throughout the city; at the same time, research and implement a plan to use electric buses in the city to ensure it is suitable for the conditions, actual situation and green energy conversion roadmap of the city,” Ms. Thuy added.

City leaders said that this is a milestone in the process of cooperation and accompanying Hue in researching development solutions.

2. Before joining hands with Vingroup, “green transformation” was not a new concept in Hue. The evidence is that in recent years, the city government has had many policies and mechanisms to support investment in research, application of digital science and technology, building digital government, digital society, developing smart urban services, and building a “green” environment.

Currently, the Hue-S application has been effective in smart urban management. The city has also effectively cooperated with many organizations to create sustainable development projects. The United Nations Development Program in researching and implementing green electric transport initiatives; cooperating with the Japan International Cooperation Agency in the Hue City Water Environment Treatment Project; especially, the Phu Son Waste-to-Energy Plant Construction Project with a capacity of 600 tons/day... is one of the typical examples of green transformation stories.

In addition, many conferences related to green transformation are also organized by the city. At those conferences and seminars, city leaders always send messages to businesses and investors about the priorities in applying green economic model solutions to replace the traditional economic model in order to shift the urban economic model towards green growth, improve competitiveness, ensure rapid, effective and sustainable economic development of urban areas...

3. Becoming a centrally-governed city is a special event, Hue has entered a new phase, a phase of construction and development with a new mindset. This is an important foundation for Hue to develop into a smart and unique heritage city; continue to maximize its potentials and advantages, create breakthroughs for rapid and sustainable development; affirm the role and position of the regional and national centers of culture, tourism; specialized healthcare; education - training and science - technology.

At the conference announcing the planning of Thua Thien Hue province (now Hue city), Prime Minister Pham Minh Chinh directed Hue to focus on promoting the effectiveness of 3 economic driving centers, and allocate resources to synchronously and effectively implement development space.

Prime Minister Pham Minh Chinh emphasized the story of developing the marine economy, tourism economy, and heritage economy in a green, digital, and circular direction. Improving the efficiency of exploiting Chan May - Lang Co Economic Zone, Phu Bai International Airport, Chan May Deepwater Port, Lang Co - Bach Ma, Tam Giang - Cau Hai lagoon, Hue Monuments Complex, economic zones, and industrial parks.

According to Chairman of the City People's Committee Nguyen Van Phuong, Hue City is oriented to develop on the basis of renewing the growth model and shifting the economic structure, in which tourism is the spearhead economic sector, information technology and communications is a breakthrough, high-tech industry and agriculture are the foundation; towards developing green economy, circular economy, digital economy and digital transformation, urban economy, marine economy, night-time economy, cultural industry in accordance with the position and role of the city in the region and the whole country. Thereby, exploiting and maximizing potentials and advantages; attracting and effectively using investment capital from all economic sectors, especially the private economy.

“We create all favorable conditions for businesses and investors to come to Hue to research and implement investment projects with the most efficiency, aiming at mutual development and prosperity, so that Hue city is a place worth living and a place worth visiting for investors,” emphasized Chairman of the City People's Committee Nguyen Van Phuong.

Le Tho