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VinGroup Corporation, founded in 1993, is the largest company in Vietnam, focusing on real estate and trade-service sectors under a business model that emphasizes improving quality of life and national development. The company, with a market capitalization of approximately 15 billion USD, derives most of its income from real estate, which is considered its primary growth driver. VinGroup operates various well-known brands, including Vinhome and Vincom, and aims to maintain its leadership in technology, industry, and services in Vietnam.

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9 views2 pages

Part 1

VinGroup Corporation, founded in 1993, is the largest company in Vietnam, focusing on real estate and trade-service sectors under a business model that emphasizes improving quality of life and national development. The company, with a market capitalization of approximately 15 billion USD, derives most of its income from real estate, which is considered its primary growth driver. VinGroup operates various well-known brands, including Vinhome and Vincom, and aims to maintain its leadership in technology, industry, and services in Vietnam.

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nguyenvanvu.170504
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PART 1: ANSWER THESE QUESTIONS

1. Choose an interesting company and describe about its business model.


VinGroup Corporation - a company founded in 1993 in Ukraine, is
currently the largest company in Vietnam. The predecessor of VinGroup is
Technocom Group. In the early 2000s, Technocom returned to Vietnam and
began to focus on investing in real estate and tourism with two famous brands,
Vinpear and Vincom. Vincom Joint Stock Company and Vinpear Joint Stock
Company officially merged and operated under the group model called
VinGroup Corporation in January 2012. VinGroup's business philosophy is
closely linked to the goal of becoming a leading company in the fields of
technology, industry, trade and services in Vietnam.
VinGroup's strategic business philosophy was created by Mr. Pham
Nhat Vuong - Chairman of the Group. Mr. Vuong always maintains his
business philosophy: "My goal is to make life better. It doesn't matter how
much property you own, the important thing is to make it beautiful and help
change the face of the country a little. Of course, this strategy is to create more
profit so that you can continue to build. So any real estate with a good price
will be sold immediately, to have money to build another one. The main
business strategy of VinGroup Corporation is the real estate and trade - service
sectors.
VinGroup is currently maintaining its position as the largest private
company in Vietnam with a market capitalization of approximately 15 billion
USD. For the main key areas, during the training and development process up
to now, the group's main income still comes from the real estate sector. This is
also the area known as the "goose that lays the golden eggs" and is the main
development driving force of VinGroup Corporation.
Furthermore, since the Group was established, the Trade - Service sector
has been the sector with the longest association with businesses, from housing,
healthcare, commerce to education, associated with many famous brands such
as Vinhome, Vincom, Vinmec, Vinschool,...
Question 1: What service does JM Solutions provide?
(A) Web programming (B) Graphic design
(C) Recruitment and employee training (D) Marketing strategy
consultation

Question 2: According to the second e-mail, how will the profits of the
back-to-school sale be spent?
(A) On purchasing advertising space (B) On repairing some
roads
(C) On paying for JM Solutions’ service (D) On hiring more employees
Question 3: Why did Mr. West write the first e-mail?
(A) To inquire about a service (B) To apply for a position
(C) To report on a budget (D) To schedule a meeting
Question 4: Why does Kingston Sporting Goods need to allow for $3,200
for web development?
(A) They need the best web money can buy.
(B) They have to pay JM Solutions 10% of the overall cost as a deposit.
(C) They have to expand their business into other territories.
(D) They have to negotiate a better price after the deposit.

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