Vingroup has signed a rolling stock contract and Technology License Agreement with rail leader Alstom to supply 200 Metropolis trainsets for Hanoi's urban rail network. Under the deal, Alstom will produce the first 83 trainsets in France before providing technology transfer to enable Vingroup to manufacture the remaining 117 units locally in Vietnam.
Vinhomes has launched a five-year scheme alongside gold and silver companies to help clients convert idle gold into cash to purchase properties. Buyers can later opt to keep the real estate or receive 110% of their converted gold value. The initiative aims to mobilize capital while supporting Vinhomes as it targets a record revenue growth of over 15% this year.