ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailMenu BurgerPositive ArrowIcon PrintIcon SearchSite TitleTitle ChevronIcon Twitter
Technology

Vingroup secures Google's backing to launch smart TVs

Vietnamese conglomerate seeks 'world-class partners' as it embarks on tech domination

Vingroup forays into TV production to cement its position as one of the country's foremost tech manufacturers. (Nikkeimontage/AP)

HANOI -- Leading Vietnamese conglomerate Vingroup said it has secured U.S. tech giant Google's backing to develop smart TVs.

"VinSmart will work with Google to develop a smart TV, based on Android TV operating system," the Hanoi-based company said on Wednesday.

VinSmart will start selling five different models of these TVs in December. The TVs will offer voice search, Google Assistant and Chromecast which allows users to project programs from their phones to the TV screen.

Production of these units has already begun at Hoa Lac Hi-Tech Park near Hanoi. The company declined to comment if the TVs will be exported.

Speaking at a company event on Wednesday, Le Mai Tuyet Trinh, deputy general director of Vingroup, said: "After Google, we will continue to look for reputable and world-class partners to work side by side."

Vingroup's foray into TV production is part of plans to cement its position as one of the country's foremost tech manufacturers. The entry into the TV business follows last year's launch of a smartphone brand and the roll-out of Vietnam's first homegrown car brand in June.

Vingroup aims to produce 250,000 vehicles a year, drawing on German auto technology. In term of smartphones, it plans to lift annual output capacity to 125 million devices by early 2020, including contracts for other companies. It already produces eight Vsmart phone models for the domestic market and as exports to Spain, Myanmar and Russia.

The group is now also considering manufacturing other appliances, such as air conditioners and refrigerators.

Vingroup is Vietnam's largest private-sector company. Real estate forms the core of its business, but it also has its fingers in retail, hospitals and aviation.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends October 31st

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media