At a recent event of VinFast Auto Pte. Ltd. (VinFast), Mr. Pham Nhat Quan Anh, son of billionaire Pham Nhat Vuong, appeared in the media for the first time, in the role of Deputy General Director of VinFast Production Division.

Mr. Pham Nhat Quan Anh appeared at the ceremony where VinFast and Marubeni Corporation announced the Memorandum of Understanding (MOU) on cooperation in reusing electric vehicle batteries towards the goal of developing a circular economy, within the framework of the Vietnam - Japan Economic Forum and the Summit to celebrate the 50th anniversary of ASEAN - Japan partnership taking place in Tokyo from December 16-18.

According to Mr. Pham Nhat Quan Anh, VinFast cooperates with Marubeni to research and deploy clean energy solutions and smart energy storage.

Mr. Quan Anh had never appeared in the media before and was only known through billionaire Pham Nhat Vuong's story in a newspaper in 2019. At that time, Mr. Vuong said that his point of view was not to force his children to take on their father's job in the future.

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Mr. Pham Nhat Quan Anh shook hands with Marubeni representative.

According to billionaire Vuong, his children love and "do as much as they are capable of, otherwise, they cannot destroy a career that so many people have worked so hard to create."

Previously on December 15, according to the Ho Chi Minh City Stock Exchange (HOSE), Mr. Pham Nhat Quan Anh - son of billionaire Pham Nhat Vuong, Chairman of Vingroup Corporation (VIC) registered to buy 150,000 VIC shares under the employee stock option program (ESOP).

Mr. Quan Anh currently does not hold any position at Vingroup Corporation, nor does he hold any shares of this corporation. According to the announcement, the transaction is a case where the person performing the transaction is a related person of an insider.

Previously, Vingroup announced the issuance of 9.88 million ESOP shares at a price of VND10,000/share to leaders and key managers of the group and its subsidiaries to recognize the contributions and dedication of leaders to the development of the group; encourage and motivate; enhance the role, responsibility and engagement, and retain key, high-quality personnel.

According to Vingroup's management report, Mr. Vuong's three children, Pham Nhat Quan Anh, Pham Nhat Minh Hoang and Pham Nhat Minh Anh, as well as daughter-in-law Bui Lan Anh, do not hold any VIC shares.

As of December 18, VIC shares were priced at VND43,200/share, down nearly 19% compared to the beginning of the year.

Billionaire Pham Nhat Vuong's son buys Vingroup ESOP shares Pham Nhat Quan Anh, son of billionaire Pham Nhat Vuong, buys preferential shares issued to key leaders and managers and owns Vingroup shares for the first time.