VinFast has appointed Pham Nhat Quan Anh as chairman, succeeding Le Thi Thu Thuy, as the Vietnamese EV maker looks to strengthen its next phase of global expansion.
Thuy will step down as chairwoman and board member but will remain vice chairwoman at VinFast parent Vingroup, where she will focus on broader strategic priorities.
“VinFast has built a strong foundation over the past several years, and we remain focused on executing the company’s long-term strategic priorities, advancing innovation, and continuing to strengthen our global operations and customer experience,” said Quan Anh.
Quan Anh, the eldest son of Vingroup’s chairman Pham Nhat Vuong, joined VinFast in 2019 after holding senior management positions at Vinpearl, another Vingroup subsidiary, where he oversaw operations and strategic planning across the hospitality and services business.
At VinFast, he has held several leadership roles spanning vehicle development, manufacturing, sales, and after-sales services. Most recently, he served as deputy CEO for global sales, marketing, and after-sales, alongside responsibilities in quality inspection and production coordination.
The leadership transition comes as VinFast accelerates its international expansion amid intensifying competition in the global electric vehicle market.
Most recently, a Vietnamese EV maker has announced a corporate restructuring that will transfer its manufacturing business to a new entity under its control.
The company plans to split assets within its subsidiary VinFast Trading and Production (VFTP) into two separate units. A new entity, named VinFast Vietnam Joint Stock Company (VFVN), will retain VinFast’s research and development, intellectual property, sales operations, and several distribution businesses. Meanwhile, VFTP will focus on manufacturing electric vehicles.
The transaction, expected to be completed by Q3 2026, is seen as a move towards VinFast’s goal to achieve breakeven next year.
