On May 12, 2023, VINGROUP Joint Stock Company (VINGROUP) announced the establishment of a subsidiary with the following details:
Company name: NVY Development Joint Stock Company (NVY)
Address: 1 Ha Noi street, Thuong Ly ward, Hong Bang district, Ha Phong city.
Charter capital: VND10,000,000,000 (VINGROUP contributed 80% charter capital of NVY).