Vingroup launches Big Data research company
In this article (5)
The Vingroup Corporation (VIC), Vietnam’s largest private conglomerate, has set up a new firm – VinBigData Jsc – with a chartered capital of VND470.8 billion ($20.29 million).
The group will hold a 99 percent stake in the new company. The formation of VinBigData is based on the separation of a part of science and technology functions (scientific and technological services) of the Big Data Research Institute – under the Vintech Technology Jsc.
This new company has registered to function in 25 fields, focusing mainly on scientific research and technological development.
Vingroup had established last month an artificial intelligence research and application company, VinAI.
Questions & Answers
Q.What is the primary focus of the new company, VinBigData Jsc?
What is the primary focus of the new company, VinBigData Jsc?
VinBigData Jsc has registered to operate in 25 fields. Its main focus areas are scientific research and technological development, according to the information provided in the article.
Q.How much capital has been invested in VinBigData Jsc?
How much capital has been invested in VinBigData Jsc?
The new firm, VinBigData Jsc, has a chartered capital of VND470.8 billion. This amount is equivalent to $20.29 million, as stated in the article.
Q.What is the relationship between VinBigData Jsc and the Big Data Research Institute?
What is the relationship between VinBigData Jsc and the Big Data Research Institute?
VinBigData Jsc was formed by separating some science and technology functions from the Big Data Research Institute. This institute operates under Vintech Technology Jsc.
Q.Does Vingroup have any other recent technology-focused ventures?
Does Vingroup have any other recent technology-focused ventures?
Yes, Vingroup also established VinAI last month. This separate company focuses on artificial intelligence research and application, complementing their new Big Data venture.
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