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Vietnam EV maker VinFast to list in the US via a SPAC

Vietnam EV maker VinFast to list in the US via a SPAC

Vietnamese electric automaker VinFast said on Friday it will list in the United States via a merger with special purpose acquisition company (SPAC) Black Spade Acquisition Co.
Vietnam’s richest man launches electric taxi firm

Vietnam’s richest man launches electric taxi firm

Pham Nhat Vuong, Vietnam’s richest man, has established GSM, an all-electric taxi operator with a charter capital of VND3 trillion ($126.85 million).
March 6, 2023 | 11:24 pm PT
Vingroup chairman not banned from traveling abroad: public security ministry

Vingroup chairman not banned from traveling abroad: public security ministry

The public security ministry on Saturday dispelled rumors that Vingroup chairman Pham Nhat Vuong, Vietnam's richest man, is being banned from leaving the country.
October 29, 2022 | 06:42 am PT
Vingroup chairman sets up joint property investment company

Vingroup chairman sets up joint property investment company

Vietnam’s richest man Pham Nhat Vuong has established a new company, VMI JSC, which offers to split a Vinhomes property into 50 smaller pieces for investors to buy.
October 6, 2022 | 02:04 am PT
Vietnamese billionaires say no to salaries

Vietnamese billionaires say no to salaries

Being chairmen of giant corporations with revenues exceeding billions of dollars, some Vietnamese billionaires chose to draw zero salaries.
September 4, 2022 | 05:32 am PT
9 face punishment for spreading false info about Vingroup chairman

9 face punishment for spreading false info about Vingroup chairman

Police are probing nine people in seven localities for spreading rumors saying Vingroup Chairman Pham Nhat Vuong, Vietnam's richest man, had been prevented from traveling abroad.
July 11, 2022 | 01:55 am PT
Vietnam’s 7 richest people lose $2 bln amid stock market plunge

Vietnam’s 7 richest people lose $2 bln amid stock market plunge

The total net worth of Vietnam’s billionaires has fallen by 10 percent since the last Forbes’ update in March to $19.3 billion due to a plunging stock market.
May 20, 2022 | 12:24 am PT
Vietnam's Vinfast IPO may be delayed to 2023 on market uncertainty

Vietnam's Vinfast IPO may be delayed to 2023 on market uncertainty

The chairman of Vietnam's Vingroup conglomerate said on Wednesday that an initial public offering (IPO) for the company's auto unit, VinFast, may be delayed until next year due to market uncertainty.
May 12, 2022 | 09:00 pm PT
Vinfast spots 'golden' opportunity to sell electric cars

Vinfast spots 'golden' opportunity to sell electric cars

A global shortage provides Vinfast with a "golden opportunity" to market electric cars and build its brand, Vingroup Chairman Pham Nhat Vuong said Wednesday.
May 11, 2022 | 02:34 am PT
Wealth of Vietnam's richest rose during pandemic

Wealth of Vietnam's richest rose during pandemic

Most Vietnamese in the 2022 Forbes global billionaires list saw their wealth increase amid the Covid-19 pandemic last year.
April 8, 2022 | 05:00 pm PT
‘Difficult tasks make for interesting challenges’: Vietnam's richest man

‘Difficult tasks make for interesting challenges’: Vietnam's richest man

For the first time after two years, chairman of Vingroup Pham Nhat Vuong spoke to VnExpress about helping people overcome the pandemic and realizing the global electric car dream.
January 16, 2022 | 06:44 pm PT
Vingroup sole Vietnam rep among world's top 750 family businesses

Vingroup sole Vietnam rep among world's top 750 family businesses

Vingroup has fallen 28 places to 410th in this year's global ranking of top 750 family businesses, but remains the only Vietnamese representative in the list.
April 12, 2021 | 10:50 pm PT
Vietnam's richest man could become a top 50 billionaire

Vietnam's richest man could become a top 50 billionaire

The upcoming IPO of automaker VinFast could catapult Pham Nhat Vuong as the first Vietnamese to enter the rarefied bracket of the world’s top 50 richest people.
April 12, 2021 | 08:52 pm PT
Billionaires’ list, net worth grow on stock market boom

Billionaires’ list, net worth grow on stock market boom

With the stock market booming after a brief fall in March, the number of Vietnamese billionaires rose to six by year-end, and their combined net worth was $16.2 billion.
January 5, 2021 | 05:37 pm PT
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