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      Vingroup Founder Transfers Leadership of VinFast and GSM to Sons

      Pham Nhat Vuong, the founder of Vingroup, has officially transferred leadership of VinFast and its subsidiary, GSM, to his sons. This decision marks a significant shift in the management structure of the Vietnamese conglomerate, which has been expanding its footprint in the electric vehicle market and other sectors.

      The transition of leadership comes as Vingroup continues to pursue ambitious growth plans, particularly in the automotive industry. VinFast, the company's electric vehicle division, has garnered international attention for its innovative approach and commitment to sustainability. By placing leadership in the hands of his sons, Vuong aims to ensure continuity and a fresh perspective as the company navigates the competitive landscape.

      This move is seen as part of a broader trend among family-owned businesses in Vietnam, where succession planning is becoming increasingly important as the next generation takes on more responsibilities. Vingroup's evolution under new leadership is expected to influence its strategic direction and operational focus in the coming years.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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