GIC-led consortium invested $500m in Vingroup.

GIC-led consortium invested $500m in Vingroup, a Vietnamese conglomerate focusing on real estate development, retail, and services ranging from healthcare to hospitality. Vingroup and VCM have established themselves as reputable retail companies with attractive brands in Vietnam’s fast-growing consumer market. As a long-term investor, GIC is confident in the growth outlook for disposable incomes and household consumption in Vietnam.