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๐Ÿ‡ป๐Ÿ‡ณ Vietnam /Economy & Trade

Pham Nhat Vuong and 3 US Dollar Billionaires Launch Company with Nearly $3.1 Billion Capital, Surpassing Vingroup

From Tuแป•i Trแบป · () Vietnamese

Translated from Vietnamese and summarized by DistantNews. Read the original for the full story.

At a glance

News Sources not specified New plan
  • Vietnamese billionaire Pham Nhat Vuong has launched VinEnergo Holding with a registered capital of nearly $3.1 billion, surpassing Vingroup's capital.
  • The new company's shareholders include Vuong, his wife Pham Thu Huong, his sister-in-law Pham Thuy Hang, and Ho Hung Anh's wife Nguyen Thi Thanh Thuy.
  • VinEnergo Holding aims to pioneer smart and sustainable energy solutions, focusing on clean energy and green transition within the Vingroup ecosystem.

Pham Nhat Vuong, the chairman of Vingroup, has established VinEnergo Holding, a new company with a substantial registered capital of 79.763 trillion Vietnamese dong (approximately $3.1 billion). This capital exceeds that of Vingroup itself, which stood at 77.334 trillion dong at the end of 2025.

VinEnergo Holding was established on May 20, 2026, with a registered capital of up to 79.763 trillion dong.

· National Enterprise Registration SystemReporting the establishment and capital of the new company.

The company, founded on May 20, 2026, and headquartered in Hanoi, primarily engages in business management consulting. Vuong is the largest individual shareholder, holding 66.03% of the shares, equivalent to 52.669 trillion dong. Vingroup also participates with a 19.04% stake, amounting to 15.185 trillion dong.

Other notable shareholders include Vuong's wife, Pham Thu Huong, with a 4.9% stake, and her sister, Pham Thuy Hang, with approximately 5%. Huong and Hang are recognized as billionaires by Forbes, with estimated fortunes of $3.8 billion and $2.7 billion, respectively. Nguyen Thi Thanh Thuy, wife of Vietnamese billionaire Ho Hung Anh, also holds over 4.5% of the shares. Thuy currently chairs One Mount Group.

The registered capital mentioned above also surpasses that of Vingroup (VIC).

· Tuoi TreHighlighting the financial scale of the new venture compared to the parent group.

VinEnergo Holding's general director is Nguyen Anh Khoa, who also serves as the general director of VinEnergo Energy JSC. This energy company, also founded by Vuong, recently increased its capital from over 28.3 trillion dong to nearly 80 trillion dong. Since its inception last March, VinEnergo's capital has grown nearly 40-fold from its initial 2 trillion dong.

The largest individual shareholder is billionaire Pham Nhat Vuong with a contribution of up to 66.03%, equivalent to 52.669 trillion dong.

· Tuoi TreDetailing Pham Nhat Vuong's significant stake in VinEnergo Holding.

VinEnergo positions itself as a Vingroup subsidiary dedicated to smart and sustainable energy. Its mission involves developing clean energy solutions, optimizing operational efficiency, and promoting a green transition across the Vingroup ecosystem.

VinEnergo introduces itself on its website as a member company of Vingroup, established with the mission of pioneering in the field of smart and sustainable energy.

· VinEnergoDescribing the company's stated mission and affiliation.
About this summary

Originally published by Tuแป•i Trแบป in Vietnamese. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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