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Pham Nhat Vuong

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Vietnamese billionaire’s taxi firm to expand to Laos

Vietnamese billionaire’s taxi firm to expand to Laos

GSM, an exclusively all-electric taxi company owned by Vietnam’s richest man Pham Nhat Vuong, plans to open services in Laos this year.
Vietnam's richest man to donate $270.8M to VinFast

Vietnam's richest man to donate $270.8M to VinFast

Vingroup chairman and Vietnam’s richest man Pham Nhat Vuong has announced he will donate the 99.8% stake worth US$270.8 million he owns in battery maker VinES to automaker VinFast.
October 11, 2023 | 09:32 pm PT
EV maker VinFast aims expansion in 50 markets

EV maker VinFast aims expansion in 50 markets

VinFast, the electric vehicle (EV) maker of Vietnamese conglomerate Vingroup, on October 5 said it will expand in 50 markets globally by the end of 2024.
October 6, 2023 | 11:59 pm PT
Pham Nhat Vuong to buy Vinhomes shares privately

Pham Nhat Vuong to buy Vinhomes shares privately

Vietnam Investment Group, a private company owned by the country's richest man, Pham Nhat Vuong, has registered to buy 16 million shares of property developer Vinhomes.
September 18, 2023 | 08:44 pm PT
Vietnam’s richest man sees net worth plunge along with VinFast share

Vietnam’s richest man sees net worth plunge along with VinFast share

The net worth of Pham Nhat Vuong continued to plummet along with the VinFast share price, and he has become 60% poorer in the two days since it listed.
August 17, 2023 | 08:56 pm PT
Vietnam’s richest man plunges to 32nd place in global billionaires list

Vietnam’s richest man plunges to 32nd place in global billionaires list

Vingroup chairman Pham Nhat Vuong has dropped to 32nd place in the Forbes billionaires rankings after being in 16th place Wednesday.
August 16, 2023 | 09:53 pm PT
Vingroup chairman becomes world’s 16th richest person

Vingroup chairman becomes world’s 16th richest person

Pham Nhat Vuong’s total assets of $73.9 billion now makes him the world’s 16th richest man, according to Forbes.
August 16, 2023 | 06:21 am PT
Vietnam's richest man sees assets rise by $39B as VinFast shares zoom on listing

Vietnam's richest man sees assets rise by $39B as VinFast shares zoom on listing

The surge in VinFast share prices on listing on Tuesday added US$39 billion to the net worth of Vietnam’s richest man and the company’s chairman, Pham Nhat Vuong.
August 15, 2023 | 06:46 pm PT
‘Money not end goal for EV manufacturing’: Vingroup chairman

‘Money not end goal for EV manufacturing’: Vingroup chairman

Investing in electric vehicle manufacturing is Vingroup’s mission to contribute to Vietnam’s development by building a high-tech brand with global influence, according to chairman Pham Nhat Vuong.
May 17, 2023 | 01:39 am PT
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.
May 12, 2023 | 05:37 am PT
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
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