Billionaire Pham Nhat Vuong’s VinEnergo Appoints New Leadership: Former VinaCapital Executive Takes the Helm

VinEnergo marks its official entry into the renewable energy sector with the addition of electricity production from renewable sources (code 3512) to its business portfolio.

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Mr. Nguyen Anh Khoa (third from the left).

VinEnergo Energy JSC, part of Vingroup’s ecosystem under billionaire Pham Nhat Vuong, recently announced changes to its business registration. The company appointed Mr. Nguyen Anh Khoa (born in 1989) as its new CEO and legal representative.

Prior to joining VinEnergo, Mr. Khoa gained extensive experience at VinaCapital, including serving as Deputy CEO of the energy infrastructure investment division.

In mid-November 2025, Mr. Nguyen Anh Khoa participated in a meeting between the People’s Committee of Ca Mau Province and VinEnergo.

During the meeting, Vice Chairman of the Ca Mau Provincial People’s Committee Huynh Chi Nguyen highlighted major investment projects: 22 wind power projects with a total capacity of 1,309 MW, 2 concentrated solar power projects totaling 100 MW, and plans to develop a multi-energy center integrated with logistics and the Hon Khoai deep-sea port.

Ca Mau Province proposed that VinEnergo explore and develop projects in solar power, wind power, and other renewable energy sources for electricity export. This includes infrastructure for underwater cables, transmission lines, and AC/DC conversion systems. Additionally, the province suggested developing renewable energy to directly supply green hydrogen, green ammonia, data centers, and electronics manufacturing plants. VinEnergo was also invited to invest in storage, transportation, and export infrastructure for hydrogen and ammonia, leveraging the advantages of Hon Khoai Port and Nam Can Economic Zone. The province also encouraged offshore wind power development, aiming to establish the Ca Mau Green Hydrogen Industrial Cluster in the future.

Representing VinEnergo’s leadership, Mr. Nguyen Anh Khoa praised Ca Mau’s wind power potential, especially offshore wind. He proposed that the provincial government introduce potential wind power areas and projects, facilitate survey and research procedures, and consider consolidating smaller wind projects into larger ones to optimize resources.

Mr. Nguyen Anh Khoa at a meeting in Ca Mau. Photo: Ca Mau Province’s Information Portal.

Furthermore, VinEnergo expanded its business scope to include wholesale of machinery, equipment, and other parts (code 4659), repair and maintenance of electrical equipment (code 3314), retail of hardware, paint, glass, materials, and installation of other construction equipment (code 4752), and other services (code 7499).

Notably, VinEnergo officially entered the renewable energy sector by adding non-renewable energy production (code 3511) and renewable energy production (code 3512) to its business activities.

At its inception, VinEnergo had a charter capital of VND 2 trillion. Vingroup contributed 19%, billionaire Pham Nhat Vuong contributed 71%, and his two sons, Pham Nhat Quan Anh and Pham Nhat Minh Hoang, each contributed 5%.

By October 23, 2025, VinEnergo’s capital surged from VND 10 trillion to VND 28.335 trillion. Of this, 44.59% (VND 12.133.9 trillion) was contributed in cash, and 55.41% (VND 15.701.1 trillion) in other assets.

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