Vingroup, the Vietnamese conglomerate, would partner with Intel to explore opportunities for 5G-enabled smart city and smart building solutions, which can be applied to Vinhomes’ Smart City projects.

Le Thi Thu Thuy, Vingroup Vice Chairwoman and Pat Gelsinger, Intel CEO at the signing ceremony. Photo: Vingroup

It is part of a Memorandum of Understanding signed between Vingroup and Intel on May 27.

The two sides will create a wide range of advanced computing systems, including 5G enabled the smart city and smart building solutions, smart manufacturing processes, cloud services, and AI as well as ADAS (Advanced driver-assistance system) based on Mobileye technology.

Under the agreement, their collaboration will also revolve around creating and deploying smart factory IoT solutions for VinES batteries manufacturing and VinFast electric vehicle manufacturing. 

They will collectively define and build both an optimized and scalable computing architecture for AI training and inference for the Vietnamese group’s in-vehicle and cloud applications that enables a specific in-vehicle experience for consumers and an optimized multi-cloud strategy to potentially migrate and deploy open-source in-vehicle and in-building applications.

The applications can include high-performance data management systems for ADAS and Infotainment, manufacturing and supply chain management along with enterprise solutions for the Vietnamese group’s facilities. 

Both companies will also work together to define a shared vision of future in-vehicle computing platforms and build scalable in-vehicle computing platforms for Advanced Driver Assistance Systems (ADAS) based on Mobileye technology and infotainment systems. It would deliver a unique in-vehicle experience for its customers and create a suite of services that will differentiate them from competitors. 

Pat Gelsinger, Intel CEO said the digitization of everything is contributing to the insatiable need for semiconductors, especially in the automotive sector. Intel has the depth and breadth of software, silicon and platforms, and process with at-scale manufacturing our partners need for their next-generation innovations. 

“This collaboration with Vingroup can help deliver needed technology innovations for safer roads, more sustainable manufacturing and smarter cities,” he said.

Le Thi Thu Thuy, Vice Chairwoman of Vingroup said: “We work towards realizing this vision through partnerships like this, to create a smarter and more sustainable future for everyone.” 

Vingroup recently adjusted its orientation and redefined three key groups of activities, namely technology and industry, trade and services, and social enterprise. 

To become a technological and industrial conglomerate, the Vietnamese group focuses on two main strategies, namely building its technology ecosystem and connecting global intelligence as well as cooperating with the world’s leading technology partners to accelerate the application of the most advanced and new technologies to Vingroup’s products and services.