Many people are hunting for smartphones manufactured by VinGroup, Vietnam’s largest private conglomerate, after it announced the halt of smartphone and TV production this week.

Vietnam’s biggest private conglomerate, Vingroup, will stop manufacturing smartphones and televisions, focusing instead on producing equipment for VinFast cars.

Confidently appeared live on CNN's world-leading economics program "First Move" recently, Ms. Le Thi Thu Thuy, vice chairwoman of Vingroup shared key business plans of Vingroup in the coming time, the way the group deals with and overcomes the pandemic, as well as promotes the positive images of Vingroup in specific and Vietnam as a nation in general.

Vsmart phones has been now occupying 16.7 percent of the Vietnamese smartphone market after 15 months since they were launched by VinSmart.