Asia·Aug 1, 2026
Vingroup Pushes Into Rail and Energy as Property Gains Offset VinFast Losses
Vietnam's largest conglomerate diversifies revenue streams while its electric vehicle unit continues burning cash
By Priyanka V. Rao · 2 min ·
Every BriefAsia story tagged Vingroup, newest first.

Vietnam's largest conglomerate diversifies revenue streams while its electric vehicle unit continues burning cash

The billionaire, wife of Vingroup chairman Pham Nhat Vuong, now holds nearly 5% of the country's seventh-largest lender, bringing the couple's combined ownership to almost 10%.

Vietnam's richest man Pham Nhat Vuong shed $2.4 billion in a single trading session as the VN-Index dropped 3.6 percent, eroding wealth across the country's ultra-rich cohort.