Vietnam’s VinFast raises charter capital to $3.4bn
Economy 16:56 29/05/2026Vietnamese electric carmaker VinFast Trading and Production JSC (VFTP) has increased its charter capital by VND10 trillion (US$380 million), bringing the total to VND90.793 trillion ($3.4 billion) and making it the largest-capitalized company within the Vingroup ecosystem.
Vietnam’s VinFast appoints new chairman
Economy 14:17 26/05/2026Vietnam’s electric vehicle maker VinFast Auto Ltd. has announced the appointment of Pham Nhat Quan Anh as chairman of the company’s board of directors, replacing Le Thi Thu Thuy.
Vietnamese billionaire Pham Nhat Vuong’s energy firm raises capital to $3bn
Economy 16:53 16/05/2026VinEnergo Energy JSC, established by Vietnamese billionaire Pham Nhat Vuong, has sharply increased its charter capital to nearly VND80 trillion (US$3 billion), surpassing that of conglomerate Vingroup.
VinFast restructures manufacturing operations in Vietnam
Economy 18:01 14/05/2026Vietnamese electric vehicle maker VinFast plans to transfer its entire stake in VinFast Trading and Production Joint Stock Company (VFTP), including its manufacturing operations in Vietnam, to an investor group involving CEO Pham Nhat Vuong.
Vietnam’s Vingroup offers gas-to-EV trade-in incentives while GSM cuts ride fares
Economy 14:19 11/03/2026Vietnamese conglomerate Vingroup, owned by Vietnam’s richest man Pham Nhat Vuong, on Tuesday night announced an urgent promotion initiative aimed at encouraging consumers to shift from gasoline vehicles to electric alternatives, while Green and Smart Mobility JSC (GSM), a taxi and electric vehicle rental company, also started to offer a 10-percent fare reduction for its electric vehicle ride-hailing services.
Vietnam’s Vingroup proposes 3,000MW offshore wind farm in Ca Mau for energy exports
Economy 13:18 04/03/2026Vietnamese conglomerate Vingroup has proposed a major offshore wind power project in the southern province of Ca Mau, seeking approval to develop a 3,000MW facility aimed at exporting electricity.
VinFast delivers over 175,000 electric vehicles in 2025, sets new market record
Economy 17:47 14/01/2026VinFast, the electric vehicle arm of Vietnam's largest private conglomerate Vingroup, delivered 175,099 electric vehicles in 2025, setting a new record in the domestic automotive market, the company announced on Tuesday.
Vingroup withdraws bid for Vietnam North–South high-speed rail project
Vietnam News 16:20 25/12/2025Vietnam’s largest conglomerate Vingroup said on Thursday it had requested the government to withdraw its registration to invest in the planned North–South high-speed railway that would cost more than US$60 billion, citing the need to focus resources on other priority infrastructure and energy projects.
Vingroup foundation backs $3.5mn elderly care project in Vietnam
Vietnam News 15:45 20/12/2025The Kind Heart Foundation of Vietnam’s largest private conglomerate Vingroup on Friday broke ground on a major social welfare project in Ha Tinh Province, north-central Vietnam, committing VND70 billion (US$2.7 million) toward a VND90-billion ($3.5 million) complex to care for the elderly and social protection beneficiaries.
Vingroup seeks to start work on sea-crossing bridge project in Ho Chi Minh City in June 2026
Ho Chi Minh City 16:36 16/12/2025Vietnam’s largest private conglomerate Vingroup has proposed breaking ground for the major sea-crossing bridge project linking Can Gio and Vung Tau in Ho Chi Minh City in June next year, with a total investment of over VND104.4 trillion ($4 billion).
Vietnamese billionaire Pham Nhat Vuong’s steel firm raises charter capital to $570mn
Economy 11:09 15/11/2025VinMetal Joint Stock Company, a newly-established subsidiary of billionaire Pham Nhat Vuong’s Vingroup, has increased its charter capital from VND10 trillion (US$380 million) to VND15 trillion ($570 million), according to its business registration update released on Thursday.
Vietnamese billionaire Pham Nhat Vuong, sons establish aerospace company
Economy 17:03 07/11/2025Vietnam's richest man Pham Nhat Vuong and his two sons have established Vinspace, which focuses on scientific research and technology development in natural sciences, alongside activities such as air cargo transport, aircraft and spacecraft manufacturing, and satellite telecommunications.
