Vingroup Signs MOU With Google Cloud To Advance Group-Wide Digital Transformation

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Vingroup, the largest private conglomerate in Vietnam, and Google Cloud have signed a Memorandum of Understanding (MOU) to support Vingroup’s ongoing digitisation and innovation strategy.

The MOU agreement was signed in New York City on the sidelines of President Nguyen Xuan Phuc’s diplomatic trip to the United States this week, and sees Vingroup and Google Cloud collaborating closely as strategic partners to drive the group’s comprehensive digital transformation. Specifically, Google Cloud will help Vingroup to advance its public Cloud adoption on Google Cloud Platform, and identify opportunities to apply cloud-based machine learning, artificial intelligence, and smart data analytics technologies across Vingroup’s varied lines of business.

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Nguyen Viet Quang, vice chairman and CEO of Vingroup said, “This MOU with Google Cloud builds on our successful on-going relationship with Google. This new step forward in our partnership will see us working closely to explore new opportunities to digitise not only the way we engage our consumers but also how Vingroup enhances its resilience and agility and executes against its global expansion plans.”

“Google Cloud is uniquely positioned to help Vingroup drive its growth strategy with our innovative and trusted industry solutions and vertical expertise. We look forward to our expanded collaboration, and to supporting Vingroup as it continues to play a leading role in the long term success of Vietnam’s digital transformation,” said Thomas Kurian, CEO of Google Cloud.

On 4th March 2019, Vingroup announced the opening of VinTech Korea Research in the City of Deagu, Korea, to research applied IoT technologies, artificial intelligence, robotics, smart manufacturing plants and to develop products and solutions for vehicles and transportation. This is also one of the technology transfer facilities, quality accreditation, and attraction of high-quality human resources, meeting diversified business activities for Vingroup in the future. The main research areas of VinTech Korea are Industrial Robots, Monitoring & Control, LCD and Battery Technology.

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Main photo: Landmark 81 the tallest building in Vietnam by jet dela cruz on Unsplash

 

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