Vingroup partners with Google Cloud to accelerate digital transformation
Vietnam’s largest private conglomerate Vingroup has embarked on a strategic collaboration with Google Cloud to modernize and connect its systems and data at a group-wide level.
Through this collaboration, Vingroup and its subsidiaries will migrate their entire SAP footprint from on-premises data centers to Google Cloud's open and secure cloud infrastructure.
This will transform Vingroup’s supply chain management, enterprise resource planning (ERP), finance management, human capital management, manufacturing operations, and more.
A cabin cable system carrying tourists to Vinpearl Nha Trang resort in Khanh Hoa province, south-central Vietnam. Photo courtesy of Vinpearl.
Vingroup stated Monday from Hanoi that the collaboration with Google Cloud would enable Vingroup to operate in a scalable and reliable cloud environment that delivers global access to its applications with maximum uptime and extremely low latency.
Le Thi Thu Thuy, vice chairwoman of Vingroup and chair of Vingroup’s car unit VinFast, said: "With Google Cloud leading cloud infrastructure and unified data platform, we can analyze and understand customer needs, provide personalized products and services, and create compelling customer experiences.”
SAP - the world's leading ERP software supplier - is a German multinational software company that develops enterprise software solutions to manage business operations and customer relations.
Vingroup’s carmaker VinFast, which is an electric vehicle startup, will also speed up its global EV push by running SAP S/4HANA on Google Cloud in the U.S. and Germany.
By connecting its SAP software systems to the data warehouses that it has already established with Google Cloud, VinFast will acquire the ability to integrate and analyze petabytes of historical and real-time data from its manufacturing lines and digital estate for EV sales and aftercare.
In other sectors, Vingroup subsidiaries like Vinpearl in tourism, software unit VinHMS, property developer Vinhomes, school system Vinschool, and hospital chain Vinmec will be running their business operations using SAP on Google Cloud.
By combining and analyzing product, customer, and supply chain datasets across cloud-based SAP systems, teams at Vinpearl and VinHMS are expected to create hyper-personalized vacation experiences, including targeted discounts on Google Travel, Google Hotel Search, and Google Maps.
The strategic collaboration with Google Cloud is one of Vingroup’s key steps toward optimizing the business' internal resources and creating competitive advantages from innovation and technology applications.
Established in 1993, Vingroup is one of the major private conglomerates in Southeast Asia and currently focuses on three main areas - technology and industry, services, and social enterprises.
- Related News
- Read More
Construction of first locally-owned semiconductor factory begins in Vietnam
CT Semiconductor, a subsidiary of CT Group, has begun the second phase of construction on what is set to become Vietnam’s first semiconductor chip factory fully owned by a domestic company.
Southeast Asia - Tue, May 6, 2025 | 10:50 pm GMT+7
Japanese retailers step up business activities in Vietnam
Japanese retailers Aeon and Sumitomo have planned to expand their networks in Vietnam, Nikkei Asia reported on Monday.
Southeast Asia - Tue, May 6, 2025 | 10:39 pm GMT+7
Vietnam's budget carrier Vietjet sees 24% profit hike in Q1 on int’l growth surge
Vietjet Aviation JSC (HoSE: VJC) reported a 24% year-over-year increase in consolidated profit for Q1, driven by strong international expansion and operational excellence, reinforcing its leadership in regional connectivity.
Southeast Asia - Tue, May 6, 2025 | 10:35 pm GMT+7
Northern Vietnam city Hai Phong claims top spot for first time in Provincial Competitiveness Index
The coastal city of Hai Phong has, for the first time, topped the 2024 Provincial Competitiveness Index (PCI) with a score of 74.84, marking a significant milestone in its economic governance journey.
Southeast Asia - Tue, May 6, 2025 | 10:20 pm GMT+7
Malaysia initiates tariff talks with US
Malaysia is pushing forward tariff negotiations with the U.S., while implementing various policies to support local industries and strengthening efforts to seek new export markets.
Southeast Asia - Tue, May 6, 2025 | 10:12 pm GMT+7
ASEAN’s largest economy slows to lowest growth since Q3/2021
Official data released recently indicates that Indonesia's economic growth decelerated in Q1 due to weakened domestic consumption.
Southeast Asia - Tue, May 6, 2025 | 9:59 pm GMT+7
Vietnam's agri major BAF reports record livestock profit since listing
BAF Vietnam Agriculture JSC in Q1 posted its highest livestock profit since listing in late 2021, thanks to a surge in pig output and revenue that nearly doubled year-over-year.
Companies - Tue, May 6, 2025 | 9:36 pm GMT+7
Amkor views Vietnam 'strong market' despite US tariff uncertainties
Amkor Technology, a U.S.-headquartered semiconductor firm, sees Vietnam a strong market in the mid and long term despite tariff uncertainties under the Trump administration, said an executive.
Investing - Tue, May 6, 2025 | 4:40 pm GMT+7
Over $7.7 bln in Vietnam's private placement corporate bonds to mature in last 3 quarters
More than VND200 trillion ($7.7 billion) in privately-placed corporate bonds will mature in the final three quarters of this year, with the real estate sector accounting for half, according to independent credit rating provider S&I Ratings.
Finance - Tue, May 6, 2025 | 4:16 pm GMT+7
Sumitomo to halve equity interest in $2.58 bln thermal power plant in central Vietnam
Sumitomo has decided to transfer 50% of the Japanese giant's equity interest in its wholly-owned operator of the $2.58 billion Van Phong 1 coal-fired power plant in Vietnam’s central province of Khanh Hoa.
Energy - Tue, May 6, 2025 | 3:54 pm GMT+7
Singapore's CapitaLand Development forms strategic partnership with Vietnam's Vinhomes
CapitaLand Development has expanded in Vietnam with two major moves - a strategic collaboration agreement with leading local developer Vinhomes and the unveiling of The Fullton, a $800 million low-rise residential project in Hung Yen province.
Real Estate - Tue, May 6, 2025 | 2:56 pm GMT+7
Vietnam's disbursed FDI in 4 months posts five-year record high
Registered foreign direct investment (FDI) in Vietnam hit $13.82 billion in the first four months of the year, up 39.9%, while disbursed capital reached $6.74 billion, up 7.3% and marking a record high in five years.
Economy - Tue, May 6, 2025 | 2:12 pm GMT+7
Vietnam's Politburo requests prioritizing administrative measures to handle economic violations, instead of criminal prosecution
The Politburo, Vietnam's highest decision-making body, has ordered amendments to legal regulations to ensure that administrative measures are prioritized in handling civil and economic cases.
Economy - Tue, May 6, 2025 | 12:30 pm GMT+7
EC postpones Vietnam’s seafood inspection until year end
The European Commission (EC) has delayed its fifth inspection of Vietnam's efforts to combat illegal, unreported and unregulated (IUU) fishing to the end of 2025, according to the Ministry of Agriculture and Environment (MAE).
Southeast Asia - Tue, May 6, 2025 | 8:53 am GMT+7
Thailand lowers growth forecast for 2025
The Thai Ministry of Finance has cut its forecast for the country’s economic growth this year to 2.1% from 3%, saying that the impact of U.S. tariffs and a global slowdown would weigh on Southeast Asia's second-largest economy.
Southeast Asia - Tue, May 6, 2025 | 8:49 am GMT+7
Vietnam’s top lighting manufacturer Rang Dong posts 48% drop in Q1 profit
Hanoi-based Rang Dong Light Source & Vacuum Flask JSC, a veteran in Vietnam’s consumer goods sector, reported a 48% decline in Q1 post-tax profit to nearly VND101 billion ($3.9 million), blaming intensifying competition from Chinese imports and foreign-invested enterprises.
Companies - Tue, May 6, 2025 | 8:17 am GMT+7
