Facebook Bankable LinkedIn Bankable
Twitter Bankable WhatsApp Bankable
Bankable
Bankable

MOST READ

African Economies

Vietnam’s Vingroup Eyes Investment in Five Sectors Under DRC’s Action Plan

Vietnam’s Vingroup Eyes Investment in Five Sectors Under DRC’s Action Plan

Democratic Republic of Congo Prime Minister Judith Suminwa Tuluka met with a delegation from the Vietnamese conglomerate Vingroup on Oct. 23, 2025, in Kinshasa. The meeting, led by Vingroup Vice Chair Lê Thị Thu Thủy, aimed to explore a public-private partnership to support key initiatives under the government’s action plan.

According to a statement from the Prime Minister’s office, the initial assessment of priority sectors has been completed. Vingroup expressed readiness to invest in five main areas: agriculture, health, education, real estate, and infrastructure.

Although no concrete details—such as project amounts, timelines, or locations—have been disclosed, both parties confirmed that the exploratory phase is over and that they are ready to enter contract negotiations.

Founded in 1993 in Ukraine as Technocom Corporation, Vingroup Joint Stock Company (Vingroup JSC) launched its activities in Vietnam in the early 2000s under two brands: Vincom (real estate and retail) and Vinpearl (tourism and hospitality).

These entities merged in January 2012 to form Vingroup JSC. Today, Vingroup is a diversified conglomerate operating across five main divisions: industry and technology, real estate and services, infrastructure, green energy, and social initiatives.

 Boaz Kabeya

Subscribe to our newsletter (free)

Receive daily news and analyses from the Bankable editorial team.

 
 
new-gecamines-chief-faces-governance-test-under-u-s-drc-partnership
DRC President Félix Tshisekedi has appointed Baraka Kabemba as director general of state miner Gecamines, nearly three weeks after the first meeting of...
we-see-a-structural-copper-shortage-emerging-olivier-binyingo-chairman-of-kamoa-copper
In 2025, the development of the Kamoa-Kakula copper complex, the largest in the Democratic Republic of the Congo (DRC), was marked by two major events: a...
soraya-aziz-to-lead-drc-electricity-regulator-amid-push-for-private-investment
Soraya Aziz was appointed Director General of the Democratic Republic of Congo’s Electricity Regulatory Authority (ARE), according to presidential decrees...
drc-reshuffles-leadership-at-gecamines-sakima-and-sokimo
Three state-owned mining companies in the Democratic Republic of Congo (DRC) have undergone leadership changes following presidential decrees read on...

African Economies

MOST READ

Please publish modules in offcanvas position.