Billionaire Pham Nhat Vuong and his two sons established a company to manufacture spacecraft.

(Dan Tri) - Billionaire Pham Nhat Vuong has just established the aerospace company VinSpace and contributed 71% of the capital to this enterprise.

VinSpace Joint Stock Company was established on November 3 with a charter capital of 300 billion VND. The company is funded by Vingroup Corporation, Chairman Pham Nhat Vuong, and his two sons Pham Nhat Quan Anh and Pham Nhat Minh Hoang.

Of which, Mr. Pham Nhat Vuong contributed the largest amount of capital with 213 billion VND, equivalent to 71%; Vingroup contributed 57 billion VND, equivalent to 19%. In addition, Pham Nhat Quan Anh and Pham Nhat Minh Hoang each contributed 15 billion VND, equivalent to 5%.

In the announcement, the company registered to operate in 6 business lines including scientific research and technology development in the field of natural sciences; scientific research and technology development in the field of science, engineering and technology.

Notably, the enterprise also registered to manufacture aircraft, spacecraft and related machinery; air cargo transport; satellite telecommunications activities and other telecommunications activities.

Billionaire Pham Nhat Vuong (Photo: VIC).

In addition to contributing capital to VinSpace, Mr. Quan Anh and Minh Hoang also hold shares in a number of enterprises in the Vingroup ecosystem such as VinEnergo, VinSpeed, VinRobotics...

Before investing in the aerospace industry, Vingroup participated in the air transport sector with the VinPearl Air project in 2019. However, Vingroup withdrew from this field in 2020.

In October, Mr. Pham Nhat Vuong and his family established many companies in different fields, such as VinMetal in the steel sector, Vin New Horizon in the nursing home sector, and V-Film in the entertainment sector.

Source: https://dantri.com.vn/kinh-doanh/ty-phu-pham-nhat-vuong-va-2-con-trai-lap-cong-ty-san-xuat-tau-vu-tru-20251106171025609.htm