Billionaire Pham Nhat Vuong's second son becomes CEO of a 200 billion capital company

Mr. Pham Nhat Minh Hoang, son of billionaire Pham Nhat Vuong, is the general director of a company specializing in electric vehicle rental services. This enterprise has a charter capital of 200 billion VND and 5 employees.

Billionaire Pham Nhat Vuong - Photo: TT

Data on the national portal on business registration recently announced updated information about FGF Trading and Service Joint Stock Company.

Accordingly, this newly established enterprise, which was established 4 months ago, has moved its headquarters from No. 1 Nguyen Van Linh, Long Bien, Hanoi to a new address, Symphony office building, Chu Huy Man street, Vinhomes Riverside urban area, Long Bien.

Information on the announcement said that the general director and representative of FGF is Mr. Pham Nhat Minh Hoang, born in 2000.

This young businessman is known as the second son of billionaire Pham Nhat Vuong - chairman of Vingroup Corporation, the richest person in Vietnam with a net worth of 4.1 billion USD according to Forbes.

Information from the business registration system also shows that FGF was first registered in July 2024, with a charter capital of VND 200 billion. The total number of employees is 5 people.

Introduced on the website, FGF Trading and Service Joint Stock Company - For Green Future operates in the field of buying, selling and renting electric cars.

FGF said its mission is to increase access to electric cars for the majority of people, to promote the green transition, contributing to the realization of the Net Zero commitment by 2050.

Thus, as the general director of the electric vehicle company in the Vinfast ecosystem, Mr. Vuong's second son gradually began to participate in business activities.

According to Vingroup's management report, Mr. Pham Nhat Vuong - Chairman of the Board of Directors and Ms. Pham Thu Huong - Vice Chairman of this group, have three children: Mr. Pham Nhat Quan Anh, Pham Nhat Minh Hoang and daughter Pham Nhat Minh Anh.

All three do not hold positions on the board of directors or the general director board of Vingroup.

Mr. Pham Nhat Quan Anh (born in 1993), Mr. Vuong's eldest son, also only appeared at VinFast's event at the end of 2023 as deputy general director of the electric vehicle brand's production block.

At the end of June 2024, Mr. Quan still only personally held 150,000 VIC shares. Mr. Pham Nhat Minh Hoang and Pham Nhat Minh Anh did not hold any VIC shares.

Billionaire Pham Nhat Vuong currently holds more than 691 million VIC shares, equivalent to 17.87% of the group's charter capital, according to Vingroup's report. Meanwhile, Ms. Pham Thu Huong - Mr. Vuong's wife, holds nearly 170 million VIC shares, equivalent to 4.39% of the capital.

Until now, there has been almost no information about Mr. Pham Nhat Vuong's sons and daughters in the media.

Little information about the three children appears in Vingroup's management report.

Source: https://tuoitre.vn/con-trai-thu-hai-ti-phu-pham-nhat-vuong-lam-ceo-cong-ty-von-200-ti-20241103212631644.htm