According to the National Business Registration Portal, Mr. Pham Thieu Hoa has been appointed as the CEO of VinSpeed High-Speed Railway Investment and Development Joint Stock Company since October 15. Concurrently, Mr. Hoa retains his position as Chairman of the Board of Directors (BOD) of Vinhomes, the largest real estate enterprise within the Vingroup ecosystem.
Prior to this new role, Mr. Pham Thieu Hoa was recognized as one of Vingroup’s veteran leaders. Before returning to Vietnam, he spent a significant period in Eastern Europe, contributing to the foundation of the group’s subsequent development phases.
Born on November 6, 1963, in Ha Nam, Mr. Hoa currently resides in Hanoi. He holds a Master’s degree in Business Administration from the University of Southern California (USA).
From 1987 to 2002, he managed import-export operations at Leaprodexim Vietnam. Between 2003 and 2005, he served as Deputy Director of Business at Technocom Group, a renowned instant noodle manufacturer in Ukraine founded by Pham Nhat Vuong, the precursor to today’s Vingroup.
In December 2005, Mr. Hoa was appointed as Project Development Director at Vincom JSC, while also serving as a BOD member of Royal City Real Estate Investment and Development JSC and Tay Ho Real Estate Investment and Development JSC.
By February 2015, he was elected as a BOD member of South Hanoi Urban Development JSC, concurrently holding the positions of Chairman of Sai Dong Urban Development Investment JSC and Deputy CEO of South Hanoi Urban Development JSC.
Mr. Pham Thieu Hoa speaking at Vinhomes’ 2025 Annual General Meeting. Photo: VHM
A career milestone came in February 2018 when he was appointed as Deputy CEO of Project Development at Vinhomes. On May 18, 2019, he succeeded Ms. Luu Thi Anh Xuan as CEO of Vinhomes. Subsequently, in July 2020, he became a BOD member, and by May 2022, he was elected as Chairman of the BOD of Vinhomes.
Under his leadership, Vinhomes maintained steady growth. As of June 30, 2025, the company’s total assets reached 658.042 trillion VND, with equity of 230.611 trillion VND, marking a 17% and 4% increase respectively compared to the end of 2024. Vinhomes was also honored as the real estate enterprise with the largest contribution to the state budget, totaling over 40.1 trillion VND, accounting for 63% of the total contributions from Vietnam’s top 20 real estate companies.
VinSpeed High-Speed Railway Investment and Development JSC was established by billionaire Pham Nhat Vuong in May 2025. The company primarily operates in railway infrastructure construction and the production of locomotives and carriages.
In addition to the new CEO appointment, VinSpeed will acquire 243.4 million VIC shares of Vingroup from Hung Long Real Estate Management and Investment JSC as part of a merger between the two entities. Following the transaction, VinSpeed will hold a total of 378.1 million VIC shares, equivalent to approximately 9.77% of Vingroup’s capital.
VinSpeed Appoints New CEO
Phạm Thiếu Hoa, Chairman of Vinhomes, has been appointed as the new CEO of VinSpeed, a Vingroup subsidiary specializing in railway infrastructure construction.
Market Pulse 23/10: Vingroup Once Again “Rescues” the Market
The afternoon session on October 23rd saw the VN-Index continue its volatile trend. At one point, it seemed poised to reclaim the 1,700-point mark, but mounting pressures forced the index to retreat, closing at 1,687 points. Despite the gains, the rally was largely driven by the influence of the Vingroup conglomerate.
Billionaire Pham Nhat Vuong Merges Hung Long Real Estate into VinSpeed
VinSpeed Railway Investment and Development Joint Stock Company, alongside Hung Long Real Estate Investment and Management Joint Stock Company, have jointly announced their transaction of VIC shares belonging to Vingroup Corporation.
Vinhomes Invests Over 3,600 Billion VND to Settle Two Bond Lots
Vinhomes has successfully redeemed two bond lots, VHMB2325002 and VHMB232503, with a total payout exceeding 3.6 trillion VND.
Marvel at Vingroup’s $18 Billion Mega Project in Northern Vietnam, the Largest in History
This groundbreaking project has surpassed the iconic Can Gio coastal metropolis, cementing its position as the most ambitious undertaking in Vingroup’s history.
