Pham Nhat Minh Hoang, son of billionaire Pham Nhat Vuong, holds many positions at Vingroup.

Mr. Pham Nhat Minh Hoang (born in 2000) is the second son of billionaire Pham Nhat Vuong and Ms. Pham Thu Huong. Although only 25 years old, Mr. Minh Hoang has held many important roles in member companies of Vingroup Corporation.

Phạm Nhật Minh Hoàng, con trai tỉ phú Phạm Nhật Vượng nắm nhiều vị trí quan trọng tại Vingroup - Ảnh 1. — For the first time, Mr. Pham Nhat Vuong's two sons, Pham Nhat Quan Anh and Pham Nhat Minh Hoang (right cover), appeared publicly at the VinFuture Award ceremony on December 6, 2024 - Photo: NGUYEN KHANH

Currently, Mr. Pham Nhat Minh Hoang is the general director of VinFast's electric vehicle trading and leasing company FGF, and contributed capital to establish an AI research company. The son of Vietnam's richest billionaire has recently appeared at major events of the group and its member companies, attracting public attention.

Billionaire Pham Nhat Vuong and his wife have three children: Pham Nhat Quan Anh, Pham Nhat Minh Hoang and Pham Nhat Minh Anh. Previously, all three children lived a private life and have only recently appeared regularly at Vingroup events.

Mr. Pham Nhat Minh Hoang first appeared before the media at the end of November last year when he welcomed the Bulgarian president to visit the VinFast Hai Phong factory.

Not long after that, Mr. Pham Nhat Minh Hoang attracted public attention when he appeared with his brother Pham Nhat Quan Anh eating pho with Nvidia CEO - Mr. Jensen Huang - on Bat Dan street (Hanoi).

Mr. Pham Nhat Minh Hoang appeared with Mr. Vuong and his brother at the VinFuture 2024 Global Science and Technology Award ceremony.

Although still quite young, Mr. Pham Nhat Minh Hoang holds many important positions in member companies of the group.

According to Vingroup's latest management report published until the first half of 2024, Mr. Minh Hoang does not own any Vingroup shares. Although he does not hold any position at Vingroup, Mr. Minh Hoang takes on many roles in VinFast's global promotion plan, according to Vingroup's latest management report published until the first half of 2024.

Mr. Minh Hoang is the legal representative and general director of FGF Trading and Service Joint Stock Company - a company operating in the field of buying, selling and renting VinFast electric vehicles. At this company, Mr. Pham Nhat Vuong is a founding shareholder, holding 90% of the capital. Mr. Hoang and his brother also hold 5% of the shares of VinRobotics Research, Development and Application Company.

The company operates in the fields of research, development and transfer of advanced technology, especially automation solutions, industrial robots and artificial intelligence (AI). In addition, he is also one of the major shareholders of VinVentures, a technology investment fund sponsored by billionaire Pham Nhat Vuong and Vingroup, with a 5% stake.

This investment fund is managing total assets of 150 million USD, of which 100 million USD is the portfolio inherited from Vingroup and 50 million USD is expected to be disbursed in the next 3-5 years.

On the morning of January 15, runner-up Phuong Nhi and businessman Pham Nhat Minh Hoang held their engagement ceremony in Thanh Hoa. The engagement ceremony of runner-up Phuong Nhi and businessman Pham Nhat Minh Hoang - the son of billionaire Pham Nhat Vuong - took place at the bride's private home (Thanh Hoa), attracting public attention.

Mr. Pham Nhat Minh Hoang (born in 2000) is the second son of billionaire Pham Nhat Vuong and Ms. Pham Thu Huong. Although only 25 years old, Mr. Minh Hoang has held many important roles in member companies of Vingroup Corporation.

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