The appointment, effective last Saturday, saw him replace Le Thi Thu Thuy, who left the firm’s board to focus on her role as vice chairwoman of parent company Vingroup, according to an announcement made Monday. Vingroup is chaired by Vuong and it owns 50% of the EV maker.
Anh, 33, served as VinFast’s vice chairman and standing deputy general director before the appointment.
He has a bachelor’s degree in business management from Singapore Management University and had served as deputy CEO of Vingroup’s resort arm Vinpearl between 2017 and 2019.
He joined VinFast in February 2019 and became a board member last November. He has several executive roles at the firm and is also the CEO of VinMetal, Vingroup’s steel manufacturing subsidiary.
Pham Nhat Quan Anh, VinFast’s chairman. Photo by VinFast |
VinFast was founded by Vuong in 2017 and initially produced gas-powered cars before fully switching to EVs four years later.
It reported record revenues of VND90.4 trillion (US$3.6 billion) last year, a 139% jump from 2024, but made a net loss of more than VND97 trillion.
It announced earlier this month that it plans to sell its manufacturing business in Vietnam and shift around VND182 trillion in debt to a group of buyers, including Vuong.
Following the move, VinFast will focus on research and product and technology development and, Vuong has promised, will turn profitable next year.
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