Electric vehicles
Pham Nhat Vuong hands over control of VinFast and GSM to the next generation.
Pham Nhat Quan Anh, the eldest son of Vingroup founder Pham Nhat Vuong, pictured left, is set to become the CEO of VinFast, marking the conglomerate’s shift toward next-generation leadership.
By Mai Nguyen and Yuji Nitta
September 12, 2026
HANOI — Vingroup announced on Saturday that the two sons of billionaire Pham Nhat Vuong will take over top leadership positions at two of the conglomerate’s primary businesses, initiating a generational transition at one of Vietnam’s largest corporations.
Also Read
- Gazans rent generators by the hour as basic services disappear
- Nine Palestinians Injured in Israeli Drone Strike Amidst Ceasefire Violation
- Amazon’s Growth Trajectory: A $25,000 Investment Poised to Double by 2030
- Duncan Davitt’s Unconventional MLB Journey Continues as Giants Claim Former Braves Pitcher