VinFast receives positive news late at night ahead of Pham Nhat Vuong's meeting with shareholders

VinFast receives positive news late at night ahead of founder Pham Nhat Vuong's meeting with shareholders. Phung Tien - Wednesday, 22/04/2026, 00:24. According to Forbes' real-time billionaire ranking as of April 21, Pham Nhat Vuong owns assets of US$32.1 billion, ranking 71st in the world. On the trading day opened on April 21 (Vietnam time in the evening), VinFast Auto's VFS shares traded at US$5.26 per share, up US$0.90, about 20% higher than the previous day, and up nearly 80% in the last month. This is also the highest price in the past year. The market capitalization approached US$11 billion. Related entities linked to CEO Pham Nhat Vuong hold 2.29 billion VFS shares, equal to 97.8%. Vingroup holds 1.19 billion shares, Vietnam Investment Group Joint Stock Company (Vietnam Investment Group - VIG) holds 769.6 million shares, and Asian Star Trading & Investment (Asian Star) in Singapore holds 334 million shares. According to Forbes' real-time billionaire ranking as of April 21, Vuong's net worth is US$32.1 billion, up US$821 billion from the previous day and currently ranking 71st in the world. VinFast is making a notable impact in Southeast Asia by surpassing Tesla and Toyota in the Philippines' pure electric vehicle segment in the first three months of 2026, capturing more than half of the EV market share among the two industry associations. In Q1 2026, VinFast delivered 1,171 electric vehicles in this market. That performance propelled VinFast to the lead, with more than 51% of total EV sales among members of the two associations. In the same period, the Philippines market overall sold 2,289 EVs. Tesla followed with 469 units, while the Omoda & Jaecoo joint venture delivered 213 units. Notably, Toyota—dominant in internal combustion engine vehicles—ranked seventh with 55 EVs delivered. Not only in the Philippines, VinFast had previously, in November 2025, overtaken Tesla in India, delivering 291 EVs there—the highest level since market entry. In the same period, Tesla delivered 48 vehicles, mostly Model Y. Alongside success abroad, VinFast continues to maintain its leadership position in Vietnam. In Q1 2026, the company delivered 53,684 electric vehicles, up 53% year over year. In March alone, 27,609 EVs were delivered, reinforcing the 2026 target of delivering 300,000 EVs in the year. VinGroup's 2026 annual general meeting, chaired by Vuong, will be held at 9:00am on Wednesday, 22 April 2026, at Almaz Convention Center, Hoa Lan Street, Vinhomes Riverside, Phuc Loc Ward, Hanoi.