On March 4, 2025, Vingroup and global investment firm JTA Investment Qatar officially announced a Memorandum of Understanding (MOU), paving the way for potential strategic investments in the electric vehicle and tourism industries.
JTA Investment Qatar expressed their appreciation for VinFast’s global expansion strategy and recognized the vast potential of Vinpearl’s 5-star hotel and resort ecosystem, as well as their leading entertainment complexes. They aspire to collaborate with Vingroup to explore and develop investment opportunities.
As per the MOU, JTA Investment Qatar is interested in strategic collaborations within Vingroup’s core business areas, with a particular focus on two pillars: technology and industry, and trade and services.
In the technology and industry pillar, JTA Investment Qatar is considering a minimum investment of 1 billion USD in VinFast, along with a strategic partnership to support the electric vehicle manufacturer’s technological advancement and global expansion.
Regarding the trade and services pillar, JTA Investment Qatar is exploring investment opportunities in 5-star hotel, resort, and entertainment complexes managed and operated by Vinpearl, located in Vietnam’s top tourist destinations.
Furthermore, JTA Investment Qatar and Vingroup are actively negotiating the formation of a joint venture aimed at expanding and enhancing Vinpearl’s services, including hotels, resorts, amusement parks, and golf courses. This venture would particularly focus on high-growth tourism markets to leverage Vinpearl’s strong position.
The MOU highlights both parties’ commitment to mutual benefit, with JTA Investment Qatar bringing investment expertise, financial resources, and a vast partner network to support Vingroup’s strategic businesses, including VinFast and Vinpearl.
Meanwhile, Vingroup will contribute its implementation experience, market leadership in Vietnam, and strong global growth potential. These factors will help seize promising business opportunities and fulfill the shared mission in areas such as technology, infrastructure, and tourism.
Dr. Amir Ali Salemi, founder and CEO of JTA Investment Qatar, stated, “Leveraging our expertise and resources in fields such as energy, technology, infrastructure, and tourism, JTA is honored to contribute to Vingroup’s strategic objectives and promising business areas, especially VinFast and Vinpearl. This collaboration will create mutually beneficial business opportunities as Vingroup strengthens its international presence.”
Ms. Le Thi Thu Thuy, Vice Chairwoman of Vingroup, shared, “Vingroup is honored to partner with JTA Investment Qatar, and we believe that this collaboration can open up significant opportunities for Vingroup and its member companies. Together, we will foster technological, infrastructure, and sustainable economic development in Vietnam while creating a solid foundation for our international expansion. By combining Vingroup’s ecosystem capabilities with JTA Investment Qatar’s experience and resources, we are confident in the success of breakthrough cooperation projects in key areas such as electric vehicles and tourism, ultimately improving the lives of people.”
As Vietnam’s leading private conglomerate, Vingroup is enhancing its global presence, notably through VinFast’s expansion strategy targeting key markets such as North America, Europe, India, Southeast Asia, and the Middle East.
TH (Tuoitrethudo)
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