VinFast
Leadership History
3 leaders · 2021 to present
Pham Nhat Quan Anh is the CEO of VinFast, in the role since 2026. The first chief executive was Le Thi Thu Thuy, from 2021.
| Name | Role | From | To | Years in role |
|---|---|---|---|---|
| Pham Nhat Quan Anh | Global Chief Executive Officer | 2026 | Present | < 1 |
| Pham Nhat Vuong | Founder; Global Chief Executive Officer | 2024 | 2026 | 2 |
| Le Thi Thu Thuy | Global CEO; later Chairwoman | 2021 | 2026 | 5 |
VinFast Auto Ltd. is a Vietnamese electric vehicle manufacturer founded in 2017 by Pham Nhat Vuong and listed on Nasdaq (VFS). It reported 2025 revenue of ~$3.47 billion (VND 90.2 trillion). At the end of 2025 it ran four car plants with combined capacity of about 600,000 EVs a year: Hai Phong (300,000), Ha Tinh (200,000), Tamil Nadu in India (50,000) and Subang in Indonesia (50,000). It sells cars under three brands: VF (VF 3 to VF 9), Green for fleets, and the Lac Hong luxury line. The company is headquartered in Haiphong, Vietnam.
VinFast earns most of its money by building and selling electric cars, from the VF 3 mini car through the VF 5, VF 6, VF 7, VF 8 and the three-row VF 9, plus fleet versions sold under the Green brand. A large share of volume goes to fleet buyers, including Xanh SM, the electric taxi and ride-hailing operator controlled by founder Pham Nhat Vuong. It also sells electric scooters and e-bikes (406,498 units in 2025), spare parts and after-sales service. Cars are sold through company showrooms and franchised dealers, with 424 showrooms worldwide at the end of 2025.
Global Chief Executive Officer
2026 – Present
0 years (current)
Appointed chairman of VinFast's board effective May 23, 2026, replacing Le Thi Thu Thuy, then named global CEO in September 2026, succeeding his father, founder Pham Nhat Vuong. He also became chairman and CEO of VinFast Vietnam.
Founder; Global Chief Executive Officer
2024 – 2026
2 years
Founded VinFast in 2017 as Vingroup chairman and took the CEO role himself in January 2024, leading the VF 3 launch and the opening of plants in Ha Tinh, India and Indonesia before handing the post to his son in September 2026.
Global CEO; later Chairwoman
2021 – 2026
5 years
Thuy orchestrated the absolute massive, highly aggressive effort to rapidly construct a massive US manufacturing plant in North Carolina while simultaneously navigating the company's highly volatile NASDAQ listing.
As Global CEO, she acts as the absolute driving operational force attempting to brutally pivot the Vietnamese conglomerate into a massive global electric vehicle powerhouse against intense Western skepticism.
VinFast still loses money on every car it sells at the gross level (gross margin was negative 42.5% in 2025), so growth depends on continued funding from Vingroup and Pham Nhat Vuong. Outside Vietnam its sales are small: US registrations fell sharply in 2026 and North Carolina sued the company in May 2026 over its delayed Chatham County plant, now not expected to start before 2028. It also faces low-cost Chinese EV makers such as BYD in Southeast Asia and India.
VinFast has been led by former GM executive James DeLuca (2017–2021), Michael Lohscheller (briefly in 2021), Madame Le Thi Thu Thuy (2021–2024), founder Pham Nhat Vuong (January 2024–September 2026), and Pham Nhat Quan Anh (September 2026–present).
A 37-year General Motors manufacturing veteran, DeLuca oversaw the record 21-month construction of the Hai Phong factory and the successful launch of VinFast's initial Lux combustion car lineup.
Madame Thuy, a senior Vingroup vice chairwoman, spearheaded VinFast's total pivot to pure electric vehicles, managed global brand launches at the CES and LA Auto Shows, and led the historic August 2023 NASDAQ listing.
Pham Nhat Vuong took direct operational command as CEO to accelerate factory buildouts, oversee cost optimization, launch the VF 3, expand charging infrastructure via V-Green, and pivot aggressively toward Asian markets.
Pham Nhat Quan Anh, the eldest son of founder Pham Nhat Vuong, was appointed global CEO in September 2026, marking a pivotal generational leadership transition within Vingroup's flagship automotive division.
Quan Anh worked across multiple operational divisions at VinFast and Vingroup, serving as Deputy CEO overseeing manufacturing operations, supplier relations, and factory engineering in Hai Phong.
His mandate is to streamline manufacturing operations, ramp output at assembly plants in India and Indonesia, reduce cash burn, and guide VinFast toward gross profit breakeven.
Madame Thuy serves as Chairwoman of the Board of Directors of VinFast, directing capital markets engagement, strategic investor relations, and international corporate governance.
Pham Nhat Vuong remains Executive Chairman of Vingroup and VinFast's controlling shareholder, continuing to personally guarantee loans, fund capital grants, and guide overarching long-term strategy.
VinFast aggressively recruits veteran senior executives and engineers from General Motors, BMW, Ford, Toyota, Tesla, and Porsche to staff its engineering and manufacturing operations in Vietnam.
VinFast operates as a Singapore-registered public holding company listed on NASDAQ, with an international board of directors overseeing audit, compensation, and risk committees.
To solidify VinFast as a profitable, high-velocity Asian automotive titan that manufactures reliable, affordable electric mobility for hundreds of millions of drivers worldwide.
Compare executive leadership tenures and strategic transitions
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