VinFast’s billionaire founder takes CEO role

The owner and founder of VinFast is taking more control of the company as the Vietnamese electric vehicle maker tries to establish itself in the American market, including building a huge factory in Chatham County.

Billionaire Pham Nhat Vuong, founder of VinFast (Nasdaq: VFS) parent Vingroup, is now the CEO of VinFast, the company announced late Friday. Vuong replaces Le Thi Thu Thuy, who will transition to chairwoman of the VinFast Board of Directors. Triangle Business Journal

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