VinFast

Pure Electric Vehicles (EVs)Founded 2017

Market Data Current As Of: September 12, 2026

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VinFast

Pure Electric Vehicles (EVs)Founded 2017

Reviewed by Swet Parvadiya

Last reviewed: September 12, 2026

Market Data Current As Of: September 12, 2026

Leadership History

VinFast: CEO History

3 leaders · 2017 to present

Company Overview

VinFast Auto Ltd. is a Vietnamese multinational electric vehicle manufacturer and mobility corporation headquartered in Haiphong, Vietnam. Founded in 2017 by Pham Nhat Vuong, VinFast is listed on the NASDAQ (ticker: VFS) with a $9.5 billion market capitalization. Generating over $2.15 billion USD in annual revenue with 90,000+ global deliveries under CEO Pham Nhat Vuong, VinFast operates a 335-hectare smart manufacturing complex in Haiphong, producing pure electric SUVs from the VF 3 to the VF 9.

VinFast operates an integrated, vertically scaled electric vehicle manufacturing, direct-to-consumer and franchised dealer sales, battery subscription, and smart charging infrastructure business model. Its commercial revenue engine spans four primary pillars: First, Pure Electric SUV & Passenger Vehicle Sales (~78% of revenue), monetizing global vehicle retail and fleet deliveries across its full portfolio (VF 3 mini-EV, VF 5 urban crossover, VF 6 compact SUV, VF 7 performance crossover, VF 8 mid-size SUV, and VF 9 luxury 3-row SUV). Second, Electric Scooters & VinBus Public Transit (~11% of revenue), selling high-volume urban electric two-wheelers (Evo200, Feliz, Klara) and zero-emission electric municipal buses across Vietnam and Southeast Asia. Third, Battery Subscriptions & Charging Network Fees (~7% of revenue), earning recurring monthly battery lease fees and kilowatt-hour energy sales via the proprietary V-GREEN nationwide charging station network. Fourth, After-Sales Service, Spare Parts & Extended Warranties (~4% of revenue), providing maintenance and certified repair operations.

Pham Nhat Vuong

Founder & Chief Executive Officer

2017 – Present

9 years (current)

Legacy

Visionary billionaire who founded VinFast, built the Haiphong mega-factory in 21 months, committed over $10B to EV engineering, and leads the company as CEO.

Le Thi Thu Thuy (Madame Thuy)

Chairwoman of the Board of Directors

2017 – Present

9 years (current)

Legacy

Former Lehman Brothers executive who served as CEO, led the 2023 NASDAQ listing, and manages global financial partnerships.

David Lyon

Director of Design

2017 – Present

9 years (current)

Legacy

Former GM veteran who partnered with Pininfarina and Torino Design to shape the distinctive exterior lighting and interior architecture of the VF series.

Challenges & Strategic Context

VinFast operates in an intensely competitive, capital-intensive global electric vehicle market dominated by established legacy automakers and Chinese EV powerhouses. Key challenges include scaling international retail distribution and consumer brand awareness in the United States and Europe; managing substantial operating losses and heavy capital expenditures associated with constructing overseas assembly plants in North Carolina, India, and Indonesia; navigating geopolitical import tariffs in North American and European markets; optimizing vehicle software reliability and over-the-air (OTA) update stability; and competing against aggressive price cuts from global EV titans Tesla and BYD.

VinFast CEO and Leadership FAQ

Who is the current chief executive officer of VinFast?

Pham Nhat Vuong currently leads VinFast, overseeing strategic vision, balance sheet health, and organizational execution in Pure Electric Vehicles (EVs), Smart Electric SUVs, Electric Scooters, Clean Mobility Ecosystems & Global Automotive Manufacturing.