Vingroup establishes robot research and development company

On November 20, Vingroup Corporation officially announced the establishment of VinRobotics Robotics Research, Development and Application Joint Stock Company with a charter capital of VND1,000 billion.

VinRobotics' goal is to contribute to improving production efficiency and optimizing processes in the fields of industry, services and life. According to the new resolution approved by the Board of Directors of Vingroup, VinRobotics will have a charter capital of VND 1,000 billion. Of which, Vingroup holds 51% of shares, Mr. Pham Nhat Vuong contributes 39% of shares, Mr. Pham Nhat Quan Anh and Mr. Pham Nhat Minh Hoang each have 5% of shares. The position of General Director of VinRobotics is held by Mr. Ngo Quoc Hung. VinRobotics operates in the fields of research, development and transfer of advanced technology, especially automation solutions, industrial robots and artificial intelligence (AI). The company specializes in manufacturing and integrating intelligent robotics and robot products, aiming to provide solutions to optimize production processes and improve work efficiency in the fields of industry, services and life. In parallel with developing innovative technologies, VinRobotics will focus on developing applications for businesses, thereby optimizing processes and boosting work efficiency. VinRobotics' customers are not limited to companies in the Vingroup ecosystem but will expand to businesses operating in other key economic and industrial sectors. VinRobotics' goal is to become a pioneer in providing smart high-tech products and solutions in Vietnam and the region. Mr. Ngo Quoc Hung, General Director of VinRobotics said: "In the technology era, products and solutions with high intellectual content will contribute greatly to the overall development of the whole society. We believe that automation products and solutions from VinRobotics will bring long-term value, not only to Vingroup but also to the Vietnamese and global business community." The field of automation and industrial robots is growing strongly globally, especially in the context of the 4.0 industrial revolution. With the development of artificial intelligence, the Internet of Things (IoT) and advanced technologies, smart robots are increasingly becoming indispensable elements in the production lines of 4.0 factories, as well as in all areas of life. The establishment of VinRobotics is an important step, contributing to the completion of the industrial - high-tech ecosystem, one of the 3 core pillars of Vingroup Corporation, besides trade services and social charity. Currently, Vingroup is leading Vietnam in the automotive industry, with the pioneering spearhead being the VinFast brand electric car; smart technologies in the field of artificial intelligence and big data with the brands VinBigdata, VinAI, VinBrain...

Source: https://nhandan.vn/vingroup-thanh-lap-cong-ty-nghien-cuu-va-phat-trien-nguoi-may-post846049.html