Vingroup Signs MOU with Intel

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Image: Madam Le Thi Thu Thuy, Vingroup Vice Chairwoman and Mr. Pat Gelsinger, Intel CEO at the signing ceremony.

Vingroup has announced it has signed a Memorandum of Understanding with Intel.

Under the agreement, Vingroup and Intel will work to explore opportunities for 5G-enabled smart city and smart building solutions, which can be applied to Vinhomes’ Smart City projects. The companies will also work to collaborate around creating and deploying smart factory IOT solutions for VinES batteries manufacturing and VinFast electric vehicles manufacturing.

Le Thi Thu Thuy, Vice Chairwoman of Vingroup said: “Vingroup has always been a pioneer in bringing consumers smart products and services integrated with world-class technologies, advanced features and outstanding experiences to improve their lives. We work towards realizing this vision through partnerships like this, to create a smarter and more sustainable future for everyone.”

“The digitization of everything is contributing to the insatiable need for semiconductors, especially in the automotive sector. Intel has the depth and breadth of software, silicon and platforms, and process with at-scale manufacturing our partners need for their next-generation innovations. This collaboration with Vingroup can help deliver needed technology innovations for safer roads, more sustainable manufacturing and smarter cities,” said Pat Gelsinger, Intel CEO.

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