VinFast Auto Ltd announced the appointment of Pham Nhat Quan Anh as chairman of the board, effective 23 May 2026, succeeding Le Thi Thu Thuy who will become vice‑chairwoman of Vingroup.
Pham currently serves as vice chairman and standing deputy general director at VinFast Trading and Production JSC and has been with VinFast since February 2019, previously holding senior roles in global sales, marketing, after‑sales and planning.
The company has a market capitalization of $8.35 billion and reported 105 % revenue growth over the last twelve months.
VinFast recorded a 61 % increase in global electric‑vehicle deliveries in Q1 2026, totalling 58,577 units, and domestic April deliveries of 24,774 units, bringing YTD domestic deliveries to 78,458 units. The Limo Green model led April sales with 6,480 units, followed by the VF 3 with 5,273 units.
VinFast plans a corporate restructuring that will separate core business components into a new entity and transfer its manufacturing subsidiary interests to a group led by Future Investment Research and Development Joint Stock Company, subject to shareholder approval.
An updated version of the VF 8 electric SUV was launched in Vietnam with modifications to its technology platform and design.
Stock Market Impact:
The leadership change and strong delivery growth may bolster investor confidence, potentially supporting the $8.35 bn market‑cap valuation.
Listed Companies and Sectors:
Direct impact on VinFast Auto Ltd and the broader electric‑vehicle and automotive sector, including suppliers and related technology partners.
Investment Flows:
The announced restructuring and asset transfer could attract new equity investors and affect foreign portfolio investment interest in VinFast.
