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Pham Nhat Vuong

Pham Nhat Vuong

Founder and Chairman of Vingroup; CEO of VinFast (since January 2024)

Appears in 1 story

Notable Quotes

"We will never let VinFast go." — Pham Nhat Vuong, 2024

Stories

VinFast's $4 billion bet on American EV manufacturing

Built World

Personally funding VinFast operations; net worth approximately $20 billion

Vietnam has never had its own automaker—until VinFast. In July 2023, the six-year-old company broke ground on a 1,800-acre electric vehicle factory in rural North Carolina, pledging $4 billion and 7,500 jobs. It marked the largest economic development project in state history and North Carolina's first automotive manufacturing facility.

Updated Feb 10