CNN live for impressive Vingroup's 11 'golden minutes'

Confidently appeared live on CNN's world-leading economics program "First Move" recently, Ms. Le Thi Thu Thuy, vice chairwoman of Vingroup shared key business plans of Vingroup in the coming time, the way the group deals with and overcomes the pandemic, as well as promotes the positive images of Vingroup in specific and Vietnam as a nation in general.
July 20, 2020 | 13:58
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vingroup and 11 minutes on cnn live
Ms. Le Thi Thu Thuy, vice chairwoman of Vingroup in a talk with famous journalist Julia Chatterley on the CNN's show "First Move". Photo: Investors

Vingroup is on the air

According to CNN, Vingroup is currently one of the biggest groups in Asia with a number of corporations under its management, including VinSmart, VinFast, Vinschool, ... Vingroup is rapidly expanding its operation to many other key business areas, for instance: real estate, education, health care, smartphone, and automobile industries.

Starting CNN's well-known economic TV program "First Move", MC Julia Chatterley raised her first question for Ms. Le Thi Thu Thuy about the "secrets" that help Vingroup so successful in many different business sectors currently.

"What I have to say right away whenever I have an opportunity to say, is the slogan of Vingroup - Forever Start-up spirit". Ms. Thuy said proudly.

"Hence, for all of us, each of the day passing is the day of starting new things and we are always trying our best for the work. Effectiveness, fast-moving forward, and result-based oriented approach are some examples of what we are striving to be".

Besides, Ms. Thuy also emphasized about Vingroup's culture where Vietnamese traditional culture and spirit are widely applied and promoted across the group. "That's why we can attract a high number of talents all over the world joining our big family with the ultimate objective of leveling up Vingroup to the world-standard corporation".

Not only CNN but many other international media agencies agree that Vingroup is conducting a big leap by changing its strategic approach from a corporation mainly working on real estate and tourism to a new image of a technology industry group focusing on smartphone and automobile industries.

Vingroup to boost the motivation for the modernization and industrialization of Vietnam

vingroup and 11 minutes on cnn live
VinSmart and VinFast will be sold in the US market soon. Photo: CafeF

"Our mission is to create a better life for Vietnamese people", proudly shared Ms. Le Thi Thu Thuy, vice chairwoman of Vingroup.

"And we are working hard to fulfill the mission. We have been building apartments not only for a place to stay as a simple meaning but for a better lifestyle that Vietnamese people deserve to enjoy. We are building more and more modern shopping malls, schools, and hospitals. We are improving Vietnamese agriculture and establishing a new automobile industry, VinFast".

According to Ms. Thuy, 2 among 3 car models are on the top cars with the highest selling ratio in the market for the first six months of 2020. Furthermore, the group is investing much on its strategic areas, including smartphone production, IoT products, and many other technology products.

"Amazing! For only within two to three years then Vingroup can introduce to the market with new models of cars and smartphones. So impressive!"

Ms. Thuy revealed that the US is a potential market and Vingroup will invest most of its resources into the US before expanding to other international markets. In the very near future, the costumers in the US will be able to enjoy premium products with the brand names of VinFast and VinSmart.

"You can have Vsmart phones on your hands right in this year. And VinFast's cars will be on the road of the US in the year of 2021", confirmed Ms. Thuy.

vingroup and 11 minutes on cnn live
Vsmart phones are widely used in Vietnam. Photo: Zing

Vingroup and its human ways to deal with the COVID-19 pandemic

There are over 50,000 staff working for Vingroup in its offices all over the world currently. During the social distancing time due to the coronavirus outbreak, although the group tried its best to maintain the normal business operations, some difficulties still existed.

"Vingroup was the first enterprise to let its staff working from home", said Ms. Thuy. "For whom with the tasks of direct interaction with customers, we provided them extra benefits since they were the frontlines who had to deal with the risks".

During the uncertainty caused by the pandemic, a number of Vingroup's staff were willing to reduce their salary as a way of sharing the difficulties with the group. Highly appreciated with such kind actions from the staff; however, Mr. Pham Nhat Vuong, founder and chairman of Vingroup decided that all staff would receive their full salary packages "since they have their own families to take care of".

According to Ms. Thuy, Vingroup did not stop trying their best for ensuring its overall objective was met even during the difficult time of COVID-19. "The pandemic gave us much valuable experience and lessons learned for our business operation and long-term development", she said.

Green policy for sustainable development

vingroup and 11 minutes on cnn live
Vingroup promotes green policies and environmental protection for sustainable development. Photo: udn

Julia Chatterley, a well-known journalist and now working as an MC for CNN's "First Move" show pointed out several challenges for Vingroup towards its sustainable development.

"It is clear that many business investors are trying to figure out the ways for Vingroup's sustainable development when stepping into the global market. I am aware of the challenges that Vingroup has to deal with when doing business inside Vietnam. However, it will be a completely different story for Vingroup to invest in the US. market", commented Julia Chatterley.

In fact, investment in high technology requires Vingroup special attention to legal compliance, sustainable development, and environment protection.

"For the next two or three years, we will pay our attention to the work of building and developing green policies for environmental protection", said Ms. Thuy.

"We take this seriously with the reminders in mind that Vingroup is the biggest corporation in Vietnam and we must have responsibilities for not only with Vietnam but the whole world as well".

vingroup and 11 minutes on cnn live
Vinfast unveiled its new car model at the Paris motor show in 2018. Photo: Autocar

"Being a senior leader of Vingroup, I am fully aware that our products will not be able to come to the markets of the US or EU if we do not comply and follow the green policies in these markets. Actually, we have already applied and implemented green policies to the whole system of Vingroup with specific actions for environmental protection. For instance, we have reduced 11,2% of plastic waste since early this year, and will continue to reach the target of reducing 20% as planned till the end of 2020", Ms. Thuy strongly promised.

During the interview with CNN, Ms. Thuy also assured the commitment of Vingroup in promoting the green policies by being the founding member of the National Plastic Action Plan (NAP) organized by World Economic Forum. Furthermore, the group is focusing on renewable energy with some initial research and cooperation with leading international partners with the aim of implementing several projects of Liquefied Natual Gas. This will help to provide clean electricity and energy for Vietnam in the context of a shortage of power in the coming years.

It is proudly to say that, Vingroup is successfully bringing a positive, proactive, and safe image of Vietnam to millions of audiences all over the world with only "11 golden minutes" on CNN.

Vingroup Vietnam on CNN live. Video: CNN

Vingroup is the largest private enterprise in Vietnam. Vingroup’s main focus is on Technology (including scientific research and application of Technologies), Industrials (automobile, e-motorcycle and smart device manufacturing) and Services (residential, commercial and hospitality real estate development, education and healthcare). With the mission “To Create a Better Life for the Vietnamese People”, Vingroup’s products and services adhere to international standards, are trusted by customers, and have won many prestigious Vietnamese and international awards.

vingroup and 11 minutes on cnn live
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Tony Nguyen
Vietnamese Investors
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