Vingroup Joint Stock Company approved the capital contribution to establish a subsidiary as follows: Estimated company name: VYHT Joint Stock Company Location: No.01 Ha Noi street, Thuong Ly ward, Hong Bang district, Hai Phong. Charter capital: VND 14,231,724,000,000 (Vingroup owns 99.930% charter capital of VYHT Joint Stock Company, Vingroup contributes capital with land use rights value). Main business lines: real estate.