Native name | Công ty cổ phần nghiên cứu và sản xuất VinSmart |
---|---|
Company type | Division |
VinSmart | |
Founded | 12 June 2018Hanoi, Vietnam | in
Founder | Pham Nhat Vuong |
Parent | Vingroup |
VinSmart Research & Manufacturer Joint Stock Company is a member of Vingroup Joint Stock Company – one of the biggest wholly owned conglomerates in Vietnam, specialising in Technology, Industry, Commercials & Services. VinSmart was established in June 2018.[1]
VinSmart was founded in 2018 after the adquisition of BQ Company, with head office at Vinhomes Riverside, Long Biên District, Hanoi, Vietnam, first factory at Cát Hải District, Haiphong. The second factory was located at Hoa Lac Hi-tech Park, Thạch Thất District, Hanoi.[2]
In 2020 the company presented a Vietnam-only VND600,000 (US$26) smartphone, the VSmart Bee Lite, subsidized in cooperation with Viettel. The phone is aimed at popularizing the brand and smartphones in general with the Vietnamese public.[3]
At the Tech Awards 2020 competition in Vietnam, VinSmart has won many important awards.[4][5][6][7]
On 9 May 2021, VinSmart decided to stop manufacturing smartphones, marking the end of the 3-year journey of the Vietnamese company in making smartphones.[11] According to Nguyen Viet Quang, vice president and CEO of Vingroup, he said that "smartphones or smart TVs no longer brings breakthroughs and creates unique values for users".[12]