Vingroup, Vietnam’s largest company, is boldly going global with nearly 20 overseas projects across 15 countries, from smart cities in India to a “Vietnam Town” in Uzbekistan and a massive riverfront development in Congo — all as its home market slows and its EV arm, VinFast, burns cash. This aggressive expansion mirrors China’s playbook, aiming to build globally competitive businesses amid export strain. Already active in Central Asia, India, and Africa, Vingroup is betting its signature model — integrated communities with housing, retail, and services — can thrive abroad, turning its domestic slowdown into a worldwide push.
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