In the current technology sector, according to Mr. Nguyen Xuan Binh - Director of KB Analysis, there are 3 key enterprises in Vietnam: Vingroup (VIC), Viettel and FPT Group.
VinFast is the only Vietnamese enterprise in the Top 10 Companies exporting products related to computers and electrical equipment to the US in 2023 and the first 10 months of 2024, according to information recorded at the Conference on Welcoming the Trump 2.0 Investment Wave organized by KB Securities Corporation and Ho Chi Minh City Commodity Trading Corporation (HCT) recently. According to the summary table from KB, of the 10 enterprises exporting technology and electronics products to the US, the majority are from Taiwan and China. In the context of Mr. Trump's election, experts agree that Vietnam will continue to benefit from the wave of shifting manufacturing plants of the US technology giant from China. In fact, before that, when the US and China had a trade conflict under Mr. Trump's term, Vietnam benefited by becoming an alternative destination for US businesses wanting to avoid risks from China.Top 10 Companies Exporting Computer and Electrical Equipment Related Products to the US in 2023 and the First 10 Months of 2024
In the current technology sector, according to Mr. Nguyen Xuan Binh - Director of KB Analysis, there are 3 key enterprises in Vietnam: Vingroup (VIC), Viettel and FPT Group. 3 key enterprises in the global technology game: Vingroup. FPT and Viettel In which, Vingroup is restructuring with the policy of focusing on the technology sector. In 2024, the bright spot comes from VinFast - the electric vehicle technology development unit of the Group. Recently, VinFast announced that it had delivered more than 11,000 electric cars of all kinds to customers in October 2024, bringing the cumulative total to more than 51,000 units, officially becoming the number 1 best-selling car brand in the Vietnamese market in the first 10 months of the year. In which, the two best-selling models are VF 3 with nearly 5,000 units and VF 5 with more than 2,600 units. Other models including VF 6, VF 7, VF 8, VF 9 and VF e34 also achieved impressive business results, showing that consumers increasingly prefer electric vehicles and support the green mobility trend. Currently, VinFast is selling 7 electric car models in the Vietnamese market in all segments from mini-SUV to E-SUV, with diverse prices, suitable for all customer segments and attractive compared to gasoline cars in the same segment. VinFast is also strongly expanding internationally, increasing its presence in many countries and regions around the world, contributing to promoting the global electrification revolution. VinFast's total revenue in the third quarter of 2024 reached VND 12,326 billion, up 49.3% over the same period in 2023. The company had a gross loss of VND 2,957 billion in the third quarter, down 45.6% compared to the second quarter of this year. The company suffered a net loss of VND13,251 billion, down significantly by 29.4% compared to the second quarter of 2024 and down 14.8% compared to the same period last year. In addition, after selling VinBrain to Nvidia, Vingroup currently holds an ecosystem of many technology companies such as: VinCSS, VinAI, VinBigdata, VinHMS... and a newly established company, VinRobotics. "Vingroup, in my opinion, is quite aggressive, but in reality, they are struggling to find something new for themselves. Similarly, Viettel also took advantage of available resources, or FPT Group also grew strongly. However, we need time to monitor these 3 companies to be able to accurately assess whether they have the capacity to stand shoulder to shoulder with foreign corporations?", Mr. Binh emphasized. 
Photo: Experts shared at a recent workshop.
"Weapons can also be considered a new industry of Vietnam" For Viettel, the Group's current outstanding game is related to technological weapons. Continuing the words of KB expert, Mr. Nguyen Viet Hung - CEO of Davinci Academy said: "Weapons can also be considered a new industry of Vietnam". At Vietnam Defence Expo 2024 - Vietnam International Defense Exhibition this year, Viettel attracted attention when introducing weapons and equipment systems researched and produced by Viettel High-Tech Industry Corporation (VHT). For example, the modernized S-125-VT air defense missile system has many outstanding features compared to the original version. According to the introduction, the S-125-VT system is a modernized version of the S-125 Pechora system (Soviet Union), designed with the goal of destroying air attack vehicles, especially low-flying and small-sized targets, even in complex interference conditions. In addition, this missile complex is also capable of destroying ground and water targets, operating independently or in an air defense cluster formation. The S-125-VT has a maximum speed of 800m/s, allowing it to destroy 2 targets at the same time with a damage range of up to 30 km, and a fighter jet destruction rate of up to 90%. This complex is capable of detecting targets at a maximum distance of 90 km.
Photo: S-125-VT air defense missile system.
Viettel also introduced the Truong Son Surface-to-Sea Missile Complex. The Truong Son Complex, along with the Song Hong anti-ship cruise missile, researched and developed by Viettel, is one of the great strides in Vietnam's self-sufficient defense industry.... Source: https://markettimes.vn/vinfast-la-dn-viet-nam-duy-nhat-lot-top-10-xuat-khau-san-pham-lien-quan-may-tinh-thiet-bi-dien-sang-my-73169.html
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