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By Nithyakala Neelakandan
Published on September 7, 2024
Vingroup, founded in 1993 by Pham Nhat Vuong, has grown into Vietnam's largest private conglomerate, becoming a symbol of innovation and progress. With interests in industries ranging from real estate and technology to services and social philanthropy, the company has played a major role in shaping Vietnam's economy and infrastructure. Over the past three decades, Vingroup has significantly contributed to the country’s development, enhancing the quality of life for millions of people.
Economic Contributions and Green Innovation
Vingroup stands out as a pillar of Vietnam’s economic growth. In 2023, the company was the largest taxpayer in Vietnam, contributing over VND 30.9 trillion (around $1.32 billion). When combined with related companies Vinhomes and VinFast, Vingroup’s total contribution to the state budget exceeded VND 51 trillion ($2.2 billion). This underlines the company’s key role in Vietnam's private sector.
The group’s commitment to sustainability is particularly evident in its green initiatives. Vingroup’s real estate arm, Vinhomes, has pioneered eco-friendly urban areas, setting new standards for sustainable living. Projects like Vinhomes Ocean Park and Vinhomes Smart City incorporate energy-efficient buildings, expansive green spaces, and advanced waste management systems.
In the automotive sector, VinFast, Vingroup’s electric vehicle (EV) brand, is driving innovation by transitioning to fully electric cars and e-scooters. This bold move is helping reduce Vietnam’s carbon footprint while positioning the company as a leader in sustainable transportation.
Global Influence and Expansion
Vingroup’s reach extends beyond Vietnam’s borders. Through VinFast, the company has entered the global automotive market, becoming the first Vietnamese car manufacturer listed on the U.S. stock exchange. By launching electric vehicles in North America, Europe, and Asia, VinFast is showcasing Vietnam’s capabilities in cutting-edge technology and manufacturing. The company’s success has earned it a spot on the prestigious "TIME 100 Most Influential Companies 2024" list.
Additionally, the VinFuture Prize, an international science and technology award established by Vingroup, highlights the group’s dedication to fostering global innovation. This prize not only recognizes breakthroughs in science but also brings the world’s most advanced technologies to Vietnam, reinforcing the company’s global vision.
Commitment to Social Responsibility
Beyond business, Vingroup is dedicated to improving the lives of the Vietnamese people. The company invests in education through its VinUni and Vinschool initiatives and provides free healthcare services via Vinmec. Vingroup also supports disaster relief efforts and offers scholarships to underprivileged students. Through these philanthropic efforts, the company is helping to build a more prosperous and equitable society in Vietnam.
Vingroup’s success story is a testament to the vision and entrepreneurial spirit of its founder, Pham Nhat Vuong. The company’s drive for innovation, sustainable growth, and social responsibility sets an example for other businesses in Vietnam and beyond.
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By Nishang Narayan
Published on March 27, 2025
Great World Residences, formerly known as Great World Serviced Apartments, has officially rebranded, marking a new chapter in its 25-year legacy of premium serviced living. With a refreshed brand identity, the transformation includes apartment refurbishments, upgraded facilities, and the addition of a brand-new pickleball court set to open in Q2 this year.
Reflecting its commitment to providing a sophisticated yet welcoming living experience, Great World Residences introduces its new tagline:“Discover your world within ours”—a message that invites residents to seamlessly integrate their unique lifestyles into the property’s expansive and vibrant community.
Darren Cher, Senior General Manager of Great World Residences, shares:
“This brand refresh embodies our dedication to creating a home that resonates with our residents' aspirations and lifestyles. We are excited to welcome guests into this new chapter, where warmth, sophistication, and connection define everyday living.”
Nestled in Singapore’s prestigious River Valley district (District 9), Great World Residences offers unparalleled convenience and connectivity:
Designed for business professionals, expatriates, couples, families, and even pet lovers, Great World Residences offers 304 spacious, fully-furnished apartments, ranging from 74 to 204 sqm.Each unit features:
Residents enjoy access to an impressive array of recreational and lifestyle amenities, including:
In addition, the property provides housekeeping and guest services, ensuring a seamless and comfortable stay.
With its revitalized identity, enhanced facilities, and prime location, Great World Residences continues to redefine luxury serviced living in Singapore.
For reservations and inquiries:
Follow Great World Residences on Facebook & Instagram (@staygwr) for updates.
By Manu Vardhan Kannan
Published on March 21, 2025
Cultural exchange continues to play a key role in the vibrant relationship between India and Israel, as seen in the recent India at Jaffa Port—Purim-Holi Celebrations. Hosted on March 16, 2025, by the Embassy of India in Israel in collaboration with the Municipality of Tel Aviv-Yafo, the event blended two iconic festivals—Holi, India’s festival of colours, and Purim, the joyous Jewish holiday—into a grand celebration at the historic Jaffa Port.
The event, attended by over 3,000 visitors, celebrated the enduring friendship between the two nations, offering a fusion of traditions in a lively and colourful atmosphere. Guests enjoyed classical Indian dance performances, Bollywood dance workshops, traditional Indian music, and engaging activities, bringing the vibrancy of Indian culture to Israel.
Deputy Ambassador Rajiv Bodwade remarked, “I am happy to tell you that the Embassy of India, in collaboration with the Municipality of Tel Aviv-Yafo, is celebrating the Indian Festival of Holi and the Jewish festival of Purim today, here in Jaffa Port. Interestingly, these two festivals fall on the same day yearly, as India and Israel traditionally follow the lunar calendar. This is just one of many examples of the cultural similarity that we share, which strengthens the unique and rich friendship between our two countries. While the rest of the world is focusing on cultural distinctiveness, India and Israel are happy to celebrate their similarities. Chag Purim Sameach and Happy Holi!”
Kobi Yerdani, CEO of Jaffa Port, added, “Jaffa Port is proud to collaborate with the Embassy of India in Israel to celebrate the Holi and Purim festivals. Jaffa Port, which has served as a gateway to the Land of Israel throughout history, is happy to open its gates to the rich and magnificent culture of India, a country that is a true friend of Israel.”
Amruta Bangera, Director of Marketing, Israel Ministry of Tourism, India, further commented, “India and Israel share cultural and historical ties, and events like the India at Jaffa Port highlight the warmth between our people. It was a beautiful representation of our shared traditions. We welcome more Indian travellers to explore this beautiful country and experience its unique blend of history, spirituality, and modernity.”
The Purim-Holi celebrations at Jaffa Port stand as a shining example of the growing cultural ties between India and Israel. With flourishing tourism, mutual respect, and deep-rooted connections, this event marked yet another milestone in the dynamic relationship between the two nations, paving the way for further collaborations in the future.
By Author
London’s Heathrow Airport, one of the busiest travel hubs in the world, has been forced to shut down following a major power outage caused by a large fire in the vicinity. The incident has brought operations to a complete standstill, severely affecting global air travel.
With Heathrow’s closure, more than 1,300 flights are grounded, potentially disrupting travel plans for tens of thousands of passengers. According to an airline analytics firm, as many as 145,000 travelers could be affected. The airport has issued warnings about significant disruptions that are likely to persist in the coming days.
Britain’s energy secretary confirmed that the fire also impacted Heathrow’s backup power system. However, he noted that it is too early to draw conclusions about the broader implications for Britain’s critical infrastructure.
Heathrow Airport looked empty this morning.
An empty Heathrow Airport this morning.
The London Fire Brigade described the nearby blaze as a “prolonged incident,” with an increase in local disruptions expected. While the exact cause of the fire is still under investigation, the ongoing situation has left both residents and travelers facing uncertainty.
Experts in the aviation sector are predicting that the shutdown’s impact will ripple across the globe, potentially costing the airline industry hundreds of millions of pounds. The financial toll is expected to grow as the chaos could stretch over several days or even weeks.
An aviation analyst remarked that the aftermath of this shutdown will "undoubtedly cause chaos, not just over the weekend but well into next week," as airlines scramble to manage backlogged flights and stranded passengers.
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