Vingroup Chairman Pham Nhat Vuong Completes Transfer of 60 Million VIC Shares to VinEnergo as Capital Contribution

According to the Ho Chi Minh City Stock Exchange (HoSE), Chairman Pham Nhat Vuong has submitted a report to the State Securities Commission (SSC), HoSE, and Vingroup JSC (Stock Code: VIC) regarding the trading results of insider shares.

The Chairman of Vingroup’s Board of Directors utilized over 60 million VIC shares, equivalent to 1.55% of Vingroup’s charter capital, to contribute to VinEnergo Energy JSC (VinEnergo). The transaction value, based on the par value, exceeds 600 billion VND.

Following the transaction, Chairman Pham Nhat Vuong’s holdings decreased from over 449.9 million VIC shares (11.59% of Vingroup’s charter capital) to more than 389.9 million VIC shares (10.04%).

The transaction was executed on October 9, 2025, via ownership transfer through VSDC. At the close of trading on October 9, VIC shares were priced at 179,500 VND per share. Based on this price, the value of the shares Mr. Vuong transferred to VinEnergo is approximately 10,770 billion VND.

Previously, Chairman Pham Nhat Vuong transferred 70.65 million VIC shares to VinEnergo, valued at over 6,200 billion VND (based on VIC’s share price on June 17).

As a result, after receiving an additional 60 million VIC shares from Mr. Vuong on October 9, VinEnergo’s holdings increased to over 165.7 million VIC shares, representing 4.27% of Vingroup’s capital.

Established in March 2025, VinEnergo primarily operates in the electricity production sector. At its inception, the company had a charter capital of 2,000 billion VND, with the following shareholder structure: Pham Nhat Vuong (71%), Vingroup (19%), Pham Nhat Quan Anh (5%), and Pham Nhat Minh Hoang (5%).

In June 2025, VinEnergo increased its charter capital to 10,000 billion VND.

Recently, Vingroup has announced the establishment of several subsidiary companies with significant capital. Most notably, on October 6, Vingroup’s Board of Directors approved the capital contribution to establish VinMetal JSC, headquartered at Symphony Office Building (Chu Huy Man Street, Vinhomes Riverside Urban Area, Phuc Loi Ward, Hanoi).

VinMetal is expected to operate in the steel production and trading sector, with a charter capital of 10,000 billion VND, of which Vingroup contributes 98%.

Earlier, in mid-September 2025, Vingroup’s Board of Directors passed a resolution to participate in the establishment of a subsidiary named VinDynamics Humanoid Robot Research, Development, and Application JSC (VinDynamics).

VinDynamics’ primary business focus is the research, development, production, and technology transfer in the field of humanoid robotics.

The expected charter capital of VinDynamics is 500 billion VND, with Vingroup contributing 51%. VinDynamics’ headquarters will also be located at Symphony Office Building.