Mr. Pham Nhat Minh Hoang (born in 2000) is the second son of billionaire Pham Nhat Vuong. Previously, very little personal information about this businessman was made public, like his older brother Pham Nhat Quan Anh (born in 1993).
The first time Mr. Pham Nhat Minh Hoang's image appeared publicly was at a music event held at Vinhomes Grand Park (HCMC) at the end of 2024 and was prominent on social platforms.
At that time, Mr. Pham Nhat Minh Hoang appeared at the rehearsal of the super music festival 8Wonder Winter at Vinhomes Grand with a simple but outstanding outfit. The clip with Mr. Pham Nhat Minh Hoang went viral on social networks, attracting millions of views.
After that, Pham Nhat Minh Hoang continued to cause a stir when he and his brother Pham Nhat Quan Anh went to eat Pho Bat Dan with Nvidia Corporation Chairman - billionaire Jensen Huang on December 6. That same evening, the three richest billionaires in Vietnam appeared together in one frame at the VinFuture Global Science and Technology Awards 2024 at Ho Guom Theater (Hanoi).
Previously, in November, Mr. Pham Nhat Minh Hoang also had a prominent image when receiving the Bulgarian President to visit the VinFast Hai Phong factory.
Vingroup information shows that Mr. Pham Nhat Minh Hoang used to be the Global Marketing Director of VinFast and presided over many launch campaigns in key markets.
In November 2024, Mr. Pham Nhat Minh Hoang was appointed as General Director and legal representative of a very important company in Vingroup's technology and industry-oriented ecosystem. That is a company specializing in buying, selling and renting electric vehicles: FGF Trading and Service JSC - For Green Future, with a scale of 200 billion VND. This is considered a company in the ecosystem and can contribute positively to VinFast's operations.
FGF was established in July 2024 with a charter capital of VND200 billion. Of which, billionaire Pham Nhat Vuong contributed VND180 billion, accounting for 90% of the charter capital; Mr. Pham Khac Phuong contributed 9.9%, and Mr. Nguyen Duc Minh contributed 0.1%.
According to FGF, the mission of this enterprise is to increase access to electric cars for the majority of people, to promote the green transition, contributing to the realization of the Government's Net Zero commitment by 2050. FGF's goal is to become a platform to help develop the used electric car market.
In addition to the scope of buying and selling used cars, FGF Company also provides self-driving electric car rental services (both used and new cars) for organizations and individuals.
The establishment of FGF is the next step of Chairman Pham Nhat Vuong in the greening of transportation in Vietnam. Previously, he established GSM Green and Smart Mobility JSC operating in the field of passenger transportation and V-GREEN Global Charging Station Development Company.
At the end of November 2024, Mr. Vuong's two sons, along with Mr. Vuong and Vingroup, established a company with a capital of 1,000 billion VND to research and develop robots: VinRobotics Robot Research, Development and Application Joint Stock Company, with the goal of contributing to improving production efficiency and optimizing processes in the fields of industry, services and life.
VinRobotics is 51% owned by Vingroup, Mr. Vuong contributes 39% of shares, Mr. Quan Anh and Mr. Minh Hoang each contribute 5% of shares.
With VinRobotics, Mr. Vuong and his son will focus on the field of research, development and transfer of advanced technology, especially automation solutions, industrial robots and artificial intelligence (AI). VinRobotics produces and integrates robotics and smart robot products, providing solutions to optimize production processes. VinRobotics' customers are not limited to companies in the Vingroup ecosystem but will expand to businesses operating in other key economic and industrial sectors.
In addition, Pham Nhat Minh Hoang is also a major shareholder of VinVentures Technology Investment Fund - a technology investment fund sponsored by billionaire Pham Nhat Vuong and Vingroup Corporation. The total assets under management of the Fund are 150 million USD.
Although still quite young, Pham Nhat Minh Hoang and his brother are participating in Vingroup's strategic businesses, contributing to the completion of the high-tech industrial ecosystem, one of the three core pillars of this group.
The sons hold important positions in the billion-dollar ecosystem of billionaire Pham Nhat Vuong. The two sons of billionaire Pham Nhat Vuong appeared prominently in the media with their father, at a major event of Vingroup, considered the image of the second generation participating in the management and taking over the billion-dollar business of the Vietnamese tycoon.
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