Billionaire Vuong's VinSpeed increases capital to 15,000 billion VND

The latest information on the National Business Registration Portal shows that on July 7, VinSpeed High-Speed Railway Investment and Development Joint Stock Company (VinSpeed) changed its business registration.

Accordingly, the company increased its charter capital from VND6,000 billion to VND15,000 billion. Of which, 28% of the contributed capital is cash, equivalent to VND4,200 billion. 78% of the contributed capital is other assets, equivalent to VND10,800 billion.

Billionaire Vuong's VinSpeed increases capital to 15,000 billion VND - 1

Structure of VinSpeed's charter capital contribution assets (Screenshot).

On June 27, VinSpeed announced that it had received the transfer of 87.56 million shares of Vingroup Corporation (stock code: VIC) from Mr. Pham Nhat Vuong.

After two transfers, VinSpeed received more than 135.6 million VIC shares, equivalent to 3.5% of Vingroup's charter capital. These shares had a market capitalization of about VND12,750 billion at the time of transfer.

Since the beginning of the year, VIC shares have increased by 180%, reaching VND113,600 in the trading session on July 16.

The company is conducting its first large-scale recruitment since its establishment, announcing the recruitment of many important positions such as project finance director, senior BIM engineer, BIM manager, and senior technology transfer specialist.

Recruitment positions for the implementation of the Ho Chi Minh City - Can Gio and Hanoi - Quang Ninh high-speed railway projects.

VinSpeed High-speed Railway Investment and Development Joint Stock Company was registered on May 6 with a charter capital of VND6,000 billion, registering many business lines. In which, the main business line is railway construction, specifically including railway construction and railway industrial construction.

Other businesses also related to the railway industry include passenger transport, cargo handling, catering services, engine and turbine manufacturing, locomotive, tram and wagon manufacturing.

Initially, the 6 founding shareholders included organizations and individuals, including Vingroup Corporation contributing 600 billion VND, owning 10% of shares; Vietnam Investment Group Joint Stock Company contributing 2,100 billion VND, owning 35% of shares; Ms. Pham Thuy Hang - Vice Chairwoman of the Board of Directors of Vingroup Corporation - contributing 180 billion VND, owning 3% of shares; Mr. Pham Nhat Vuong contributing 3,060 billion VND, owning 51% of shares; Mr. Pham Nhat Minh Hoang and Pham Nhat Quan Anh each contributed 30 billion VND, owning 0.5% of shares.

The current General Director of VinSpeed is Mr. Nguyen Anh Tuan (born in 1984). The Chairman of the Board of Directors is Mr. Pham Nhat Vuong. Both are also the legal representatives of the enterprise.

Source: https://dantri.com.vn/kinh-doanh/vinspeed-cua-ty-phu-vuong-tang-von-len-15000-ty-dong-20250716153249649.htm