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Taxi firm GSM accounts for 70% of Vingroup’s manufacturing revenues

Taxi firm GSM accounts for 70% of Vingroup’s manufacturing revenues

GSM, the taxi firm owned by Pham Nhat Vuong, chairman of conglomerate Vingroup, accounted for VND20 trillion ($819 million) worth of Vingroup’s revenues last year. It accounted for 70% of Vingroup’s revenues from manufacturing, which are mostly from sales of electric cars by subsidiary VinFast. Vuong, Vietnam’s richest man, owns …

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Indo-Pacific Economic Framework: A new way ahead for Việt Nam

  Vietnamese President Võ Văn Thưởng addressed the meeting of leaders of the Indo-Pacific Economic Framework for Prosperity (IPEF), in San Francisco, the United States, November 16, 2023. — VNA/VNS Photo Thống Nhất HÀ NỘI — When taking the position as one of the 14 founding members of the Indo-Pacific Economic …

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