A bunch of investors, including Southeast Asia’s richest man, Pham Nhat Vuong, and the wife of billionaire Ho Hung Anh, have established VinEnergo Holding with a charter capital of VND79.76 trillion (US$3.03 billion), larger than conglomerate Vingroup’s.
Its businesses include management consultancy and market research. Vuong had earlier established an energy company called VinEnergo Energy Jsc, with a focus on building liquefied natural gas and wind power plants.
The billionaire and chairman of Vietnam’s largest conglomerate Vingroup, is the biggest shareholder in VinEnergo Holding with stakes of more than 66%.
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Vingroup chairman Pham Nhat Vuong seen at the company’s general meeting on April 24, 2026. Photo courtesy of Vingroup |
Pham Thu Huong, his wife, and Pham Thuy Hang, her sister, billionaires in their own right, own 4.9% and 5% of VinEnergo Holding. Vingroup owns a 19% stake.
One of the two remaining shareholders is Nguyen Thi Thanh Thuy, the wife of Techcombank chairman Anh, who owns 4.5%.
Techcombank’s 2025 corporate governance report listed Thuy as chairwoman of One Mount Group and Viet Thanh – Sai Dong Co., Ltd., companies associated with the lender. She owns 348.3 million Techcombank shares worth nearly VND11.3 trillion.
Since 2025, Vuong has been setting up companies with capital of more than $1 billion, including VinSpeed and GSM Holdings. He has a controlling stake in all of them.
