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Vingroup Joint Stock Company (VIC) has announced a Board Resolution approving the formation of a new subsidiary, Vinsurgical Joint Stock Company.
Vinsurgical’s charter capital is VND 300 billion. Vingroup will contribute VND 153 billion, equivalent to 51% of the charter capital.
The new company will focus on research, development, and technology transfer in robotic surgery, as well as smart medical devices and advanced medical solutions to support healthcare.
In healthcare, Vingroup’s ecosystem includes Vinmec International General Hospital.
In December 2025, Vingroup announced the dissolution of VinMedtech, a medical technology investment company.
In robotics, Vingroup currently owns two subsidiaries: VinRobotic Research and Development Co., Ltd. and VinMotion (VinMotion). Both companies have charter capital of VND 1,000 billion, with Vingroup holding 51% in each.
Vingroup reported consolidated net revenue of VND 104,352 billion in Q1 2026, up 24% year-on-year, attributed to positive growth in manufacturing and real estate.
After-tax profit reached VND 5,611 billion, up 150% year-on-year.
As of March 31, total assets were nearly VND 1.2 quadrillion.
Based on these first-quarter results, Vingroup said it achieved 22% of its revenue plan and 16% of its profit target.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
