Vietnamese conglomerate Vingroup and Japan’s Mitsubishi Corporation have signed a Memorandum of Understanding (MoU) for comprehensive strategic cooperation.
The partnership focuses on five key areas: urban development, data center development, renewable energy, used cooking oil recycling, and the automotive industry. Through this collaboration, both parties aim to achieve new milestones in business operations in Vietnam and internationally.
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In the automotive industry, Mitsubishi Corporation will explore providing aftersales services for VinFast in international markets, thereby enhancing the competitiveness of the VinFast electric car brand, a statement issued by Vingroup said.
Vingroup and its subsidiaries have established a production and business system across Vietnam and in several countries (North America, Europe, Southeast Asia).
