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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 May 9, 2025
She held your hand through every beginning. She gave you comfort, courage, and quiet strength.This Mother’s Day, gift her something more—an escape that speaks to the soul.
These handpicked destinations are not just getaways; they are sanctuaries of stillness, beauty, and presence.For the woman who gave you everything, give her something that lingers:A view she’ll remember. A morning with no agenda. A moment entirely her own.
This Year, Let Your Love Travel FartherBecause this day isn’t just about celebrating her—it’s about honouring all the ways she made life beautiful.Give her time. Give her wonder. Give her the world.
Published on May 8, 2025
Anantara Hotels, the luxury brand by Minor Hotels, has made a striking debut in Vienna, Austria, by transforming the historic Palais Hansen into the city’s first urban luxury resort. With this, Anantara brings its signature blend of Thai-inspired hospitality and European grandeur to the heart of the Austrian capital.
Originally designed by Baron Theophil Edvard von Hansen, the neo-Renaissance palace has a legacy spanning over 150 years, having once served as both a residential complex and a public administration building. Following a meticulous renovation, the building now offers 152 guest rooms and suites, including a lavish 270m² Presidential Suite. Complete with seven French balconies, a piano for private concerts, and a wellness space with a marble bath, the suite can expand to a sprawling 408m² four-bedroom configuration upon request.
The hotel is equipped with modern luxury comforts while preserving the architectural charm of old Vienna. Guests can enjoy high ceilings, oversized windows, and triple-glazing for comfort and quiet. The property also includes the 800m² Anantara Spa, three elegant dining venues, eight versatile meeting spaces, an executive boardroom, a private reading room, and a ballroom for up to 265 guests — making it an attractive choice for both leisure and business travellers.
This marks another major step in Anantara’s European expansion, joining a portfolio of over 50 luxury properties across Asia, the Middle East, Europe, Africa, and the Indian Ocean. Earlier this year, Minor Hotels also announced plans to develop a new Anantara resort in Egypt, further extending the brand’s reach in key international destinations.
With its Vienna debut, Anantara not only celebrates the preservation of heritage architecture but also sets a new benchmark for luxury hospitality in the city — where timeless elegance meets contemporary service.
In a playful twist on vacation planning, Marriott Bonvoy has introduced “Travel Roulette”, a digital experience designed to inject spontaneity into trip bookings—just as it celebrates a huge milestone: 1 million hotel rooms across the U.S.
Inspired by the viral “vacation roulette” trend on social media, the new initiative invites Marriott Bonvoy members to spin a virtual wheel at MarriottBonvoyRoulette.com for a chance to instantly win prizes, including stays at premium hotels and the grand prize of 1 million Marriott Bonvoy points plus a four-night stay at the newly opened Canal House of Georgetown.
Running from May 7 to May 26, this initiative brings excitement back into travel decisions, allowing travelers to discover destinations at random—fitting with Marriott’s recent survey that revealed 43% of Americans are open to booking unplanned or surprise getaways.
The campaign also highlights Marriott’s 1-millionth U.S. room, located in the Canal House of Georgetown, part of the fast-growing Tribute Portfolio. Nestled in historic Washington, D.C., this boutique property features design-rich accommodations, including specialty suites, townhomes, a library lounge, and a private courtyard.
Besides the grand prize, members may win Marriott Bonvoy points or complimentary two-night stays at select properties such as:
AC Hotel by Marriott Maui Wailea
ADERO Scottsdale Resort, Autograph Collection
JW Marriott Las Vegas
Moxy Downtown Los Angeles
W New York – Union Square, among others.
“Travel roulette embraces the excitement of the unexpected,” says Peggy Roe, EVP and Chief Customer Officer at Marriott International. “With over 30 brands and 10,000 destinations, we want to celebrate this milestone by giving travelers a fun new way to explore.”
With Marriott Bonvoy's growing portfolio, members can redeem points not just for hotel stays, but also for exclusive experiences via Marriott Bonvoy Moments, immersive local activities, or even luxury hotel products from Marriott Bonvoy Boutiques.
Ready to ditch the plan and let the wheel decide? Head to MarriottBonvoyRoulette.com and give your next trip a spontaneous spin.
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