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Vingroup

Combined net worth of the five richest in VN rose sharply in 2025

Combined net worth of the five richest in VN rose sharply in 2025

Forbes’ data showed that as of December 31, Việt Nam had five US dollar billionaires, one fewer than at the start of the year but their combined wealth jumped by more than US$28 billion to reach $40.9 billion.         
Vingroup withdraws bid for the North–South high-speed railway project

Vingroup withdraws bid for the North–South high-speed railway project

The decision was carefully considered to ensure maximum concentration of resources on strategic infrastructure projects that the group has recently been assigned to implement.
Vingroups Phạm Nhật Vượng surpasses Jack Ma as wealth jumps to 30 billion

Vingroup's Phạm Nhật Vượng surpasses Jack Ma as wealth jumps to $30 billion

Vượng''s $30 billion fortune places him 71st on Forbes'' real-time billionaire rankings, surpassing Jack Ma''s $29.7 billion.
Vingroup launches 5 billion investment drive in Hà Tĩnh

Vingroup launches $5 billion investment drive in Hà Tĩnh

Multisectoral conglomerate Vingroup today kicked off the construction of four projects worth a combined capital of more than VNĐ127 trillion (roughly US$5 billion) in Hà Tĩnh Province.
Việt Nams richest tycoons climb global wealth rankings as stocks rally

Việt Nam’s richest tycoons climb global wealth rankings as stocks rally

Vượng now holds an estimated $24.7 billion, ranking 92nd globally and becoming the second-richest person in Southeast Asia.
Vingroup applies for international bond sale

Vingroup applies for international bond sale

Vingroup plans to issue a maximum of 1,625 bonds with a face value of US$200,000 per bond. The total expected issuance value is $325 million.
Finance ministry rejects proposal to deduct local parts from EV tax base

Finance ministry rejects proposal to deduct local parts from EV tax base

The Ministry of Finance has rejected Vingroup’s proposal to exclude locally made parts from the EV tax base, saying current incentives already align with international commitments and green goals.
Vingroup targets 325 million international bond sale

Vingroup targets $325 million international bond sale

Vingroup of billionaire Phạm Nhật Vượng not only promotes international capital raising but also seeks domestic capital.
Association urges open-access EVN charging infrastructure

Association urges open-access EVN charging infrastructure

Việt Nam Automobile, Motorcycle and Bicycle Association (VAMOBA) has submitted a proposal to the Prime Minister to develop an open-access charging network for electric vehicles (EVs) to ensure fair competition and support sustainable growth in the country’s shift to green...
Vingroup breaks ground on Tân Trào IP and Hải Phòng LNG plant

Vingroup breaks ground on Tân Trào IP and Hải Phòng LNG plant

Vingroup on Friday launched construction of two flagship developments, the Tân Trào Industrial Park (Phase 1) and the Hai Phong LNG Plant, poised to be Việt Nam’s largest and one of the most advanced LNG power facilities globally.
Vingroup Chairman and his wife both join billionaire ranks

Vingroup Chairman and his wife both join billionaire ranks

Vingroup Chairman Phạm Nhật Vượng remains Việt Nam’s richest man, while his wife Phạm Thu Hương has also reached billionaire status.
Vingroup takes legal action over false information

Vingroup takes legal action over false information

The false information focuses mainly on the group’s financial situation, product quality and origin, product legal issues and personal information of the leadership.
Vingroup seeks shareholder approval for business expansion

Vingroup seeks shareholder approval for business expansion

Vingroup is set to seek opinions of shareholders regarding the addition of new business sectors. 
Vingroup unveils support to switch to electric vehicles for Hà Nội

Vingroup unveils support to switch to electric vehicles for Hà Nội

To support the Government''s efforts to combat environmental pollution, Vingroup has introduced a series of initiatives to help Hà Nội residents transition from petrol-powered vehicles to electric ones.
Billionaire Phạm Nhật Vượng to contribute nearly 88 million VIC shares to VinSpeed.

Billionaire Phạm Nhật Vượng to contribute nearly 88 million VIC shares to VinSpeed.

At the close of trading on June 19, VIC shares stood at VNĐ89,400 (US$3.44) each.