Vietnamese billionaire reaffirms steadfast commitment to EV maker VinFast
Vietnam’s richest man, billionaire Pham Nhat Vuong, says he personally and the conglomerate that he chairs, Vingroup, will continue financing VinFast despite heavy losses incurred by the EV-maker since 2017.
Companies - Thu, April 25, 2024 | 5:32 pm
Philippines seeks collaboration with Vietnam’s VinFast in EV production: President Marcos
The Philippines “eagerly anticipate collaborating with Vingroup on electric vehicle (EV) production and local mineral processing,” Philippine President Ferdinand Marcos Jr. said on his Facebook on Monday.
Industries - Tue, January 30, 2024 | 10:33 am
Vingroup founder Pham Nhat Vuong becomes CEO of EV maker VinFast
Billionaire Pham Nhat Vuong, founder and chairman of Vietnamese conglomerate Vingroup, has become CEO of VinFast, the electric vehicle (EV) arm of Vingroup.
Companies - Sat, January 6, 2024 | 12:15 pm
Vietnam automaker VinFast to merge with battery maker VinES at zero cost
Vietnamese electric vehicle maker VinFast will merge with battery maker VinES under private conglomerate VinGroup in a move that will involve VinGroup chairman Pham Nhat Vuong donating 99.8% of VinES shares to the automaker.
Companies - Thu, October 12, 2023 | 9:58 am
Vietnam EV pioneer VinFast gets $1.23 bln from parent company, chairman
Vietnam’s first electric vehicle (EV) maker VinFast said Thursday that it has received VND30 trillion ($1.23 billion) in Jan-Sept 2023 from parent company Vingroup and its chairman Pham Nhat Vuong.
Companies - Fri, October 6, 2023 | 1:55 pm
Energy solutions major Gotion holds 15 mln of VinFast shares
Gotion Inc., an energy solutions company aiming at creating the next generation of battery technology, owns 15 million VFS shares of Vietnamese electric vehicle maker VinFast, according to a filing with the U.S. Securities and Exchange Commission (SEC).
Companies - Sat, August 19, 2023 | 9:33 pm
Vietnamese tycoon’s net worth up $39 bln after VinFast’s Nasdaq debut
The net worth of Vingroup JSC chairman Pham Nhat Vuong shot up by $39 billion after electric vehicle maker VinFast made its debut on the Nasdaq Tuesday.
Companies - Wed, August 16, 2023 | 4:25 pm
Vietnam carmaker VinFast sees path to making profit: billionaire founder
VinFast founder Pham Nhat Vuong, Vietnam’s richest man, said Wednesday that the Vietnamese electric vehicle manufacturer can see its road to a breakeven point and making profit.
Companies - Wed, May 17, 2023 | 4:49 pm
Vingroup sets up new real estate firm
Vietnam’s largest private conglomerate Vingroup has established a new real estate company in Hai Phong city, with charter capital of VND10 billion ($426,300).
Real Estate - Sat, May 13, 2023 | 1:33 pm
Electric vehicle maker VinFast attracts $2.5 bln in new funding pledges led by Vingroup chair
Fresh funding pledges of up to $2.5 billion, led by $1 billion from Vingroup chairman Pham Nhat Vuong, have been announced for VinFast’s development to enable the Vietnamese electric vehicle maker to achieve its global growth goals.
Companies - Thu, April 27, 2023 | 10:00 am
Vingroup chairman sets up $127 mln electric car rental, taxi firm
Chairman of Vietnam’s largest private conglomerate Vingroup Pham Nhat Vuong has set up a new company offering electric car and motorbike rental and taxi services.
Companies - Mon, March 6, 2023 | 10:42 pm
VinFast founder has no plans to add money to the EV maker: Bloomberg
Vietnam’s Forbes-listed billionaire Pham Nhat Vuong does not plan to inject his own money into electric vehicle startup VinFast even as the unit car founded by him has seen its factory construction plans in the U.S. behind schedule, Bloomberg reported Tuesday.
Companies - Tue, February 14, 2023 | 5:34 pm
Realty firm VMI becomes major shareholder in Vingroup
VMI Real Estate Investment and Management JSC (VMI) has become a major shareholder of Vietnam’s largest private conglomerate Vingroup, with a 6.29% stake.
Companies - Sat, November 19, 2022 | 10:06 am
Vingroup chairman not banned from country exit: public security ministry
Pham Nhat Vuong, chairman of Vietnam's largest private company Vingroup, has not been banned from leaving the country, the Ministry of Public Security stated Saturday.
Society - Sat, October 29, 2022 | 6:23 pm
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