Phạm Thiếu Hoa, Chairman of Vinhomes, has been appointed as the new CEO of VinSpeed, a Vingroup subsidiary specializing in railway infrastructure construction.
As of June 30, 2025, SMC Trading and Investment’s outstanding loans have surged to over 2.3 trillion VND, quadrupling its equity capital. This includes nearly 2.15 trillion VND in short-term debt and approximately 180 billion VND in long-term debt.