No. A container shares the same kernel with the host OS. It doesn't do any of its own hardware setup. At most the host kernel will create some virtual network interfaces and create a filesystem for it. The container's processes are the same as other processes on the host OS, just with some special accounting flags that govern how many resources they get and what they're allowed to see from the host.

A VM host creates a guest environment with a bunch of virtual hardware devices and starts up the guest's kernel that talks to them through its own drivers. The guest does its own hardware initialization, formats and mounts its own block storage devices, does its own bootup and process scheduling, etc.