Vingroup JSC is a private Vietnamese conglomerate owned by entrepreneur Phạm Nhật Vượng as the largest shareholder, and headquartered in Long Bien district, Hanoi. Vingroup is one of the largest conglomerates of Vietnam, focusing on technology, industry, real estate development, retail, and services from healthcare to hospitality. As of 2022, Vingroup's revenue and that of its subsidiaries accounted for nearly 1.1% of Vietnam's GDP⠀⠀